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Thursday: CPI, Initial Unemployment Claims


• At 8:30 AM ET, the initial weekly unemployment claims report will be released.  The consensus is for a decrease to 235 thousand from 238 thousand last week.

• Also, at 8:30 AM, The Consumer Price Index for January from the BLS. The consensus is for 0.5% increase in CPI, and a 0.5% increase in core CPI.

On COVID (focus on hospitalizations and deaths):

COVID Metrics  NowWeek
AgoGoal Percent fully Vaccinated64.2%—≥70.0%1 Fully Vaccinated (millions)213.2—≥2321 New Cases per Day3230,602413,730≤5,0002 Hospitalized3102,695128,366≤3,0002 Deaths per Day32,3032,402≤502 1 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.
Click on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of positive tests reported.

New cases, hospitalizations and deaths are now declining.

UK housing market heats up in January despite cost pressures – RICS

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