by Calculated Risk on 6/13/2022 08:48:00 PM
From Goldman Sachs chief economist Jan Hatzius
o At 6:00 AM ET, NFIB Small Business Optimism Index for May.
o At 8:30 AM, The Producer Price Index for May from the BLS. The consensus is for a 0.8% increase in PPI, and a 0.6% increase in core PPI.
On COVID (focus on hospitalizations and deaths):
AgoGoalPercent fully Vaccinated66.8%—>=70.0%1Fully Vaccinated (millions)221.7—>=2321New Cases per Day3?103,82199,621<=5,0002Hospitalized321,74622,956<=3,0002Deaths per Day3?276266<=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.New cases have quadrupled from the recent low. Deaths are now increasing.