by Calculated Risk on 6/21/2022 09:08:00 PM
o At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
o At 9:30 AM, Testimony, Fed Chair Jerome Powell, Semiannual Monetary Policy Report to Congress, Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate
During the day, The AIA’s Architecture Billings Index for May (a leading indicator for commercial real estate).
On COVID (focus on hospitalizations and deaths):
AgoGoalPercent fully Vaccinated66.8%—>=70.0%1Fully Vaccinated (millions)221.9—>=2321New Cases per Day389,102106,368<=5,0002Hospitalized323,99224,066<=3,0002Deaths per Day3239307<=5021 Minimum to achieve “herd immunity” (estimated between 70% and 85%).
2my goals to stop daily posts,
37-day average for Cases, Currently Hospitalized, and Deaths
? Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
? Goal met.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.