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Wednesday: PPI


by Calculated Risk on 4/12/2022 09:41:00 PM

o At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

o At 8:30 AM, The Producer Price Index for March from the BLS. The consensus is for a 1.1% increase in PPI, and a 0.5% increase in core PPI.

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeek
AgoGoalPercent fully Vaccinated65.8%—>=70.0%1Fully Vaccinated (millions)218.5—>=2321New Cases per Day3?30,49625,208<=5,0002Hospitalized39,70410,807<=3,0002Deaths per Day3507540<=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.

Click on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of deaths reported.Hospitalizations and deaths are declining.

New cases are increasing again.

The Tell: ‘Private markets get it,’ but disruptive tech is beaten-up in the stock market, says ARK’s Cathie Wood

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