• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for 210 thousand initial claims.
• Also, at 8:30 AM, The Producer Price Index for December from the BLS. The consensus is for a 0.4% increase in PPI, and a 0.5% increase in core PPI.
• At 10:00 AM, Testimony, Fed Governor Lael Brainard, Nomination Hearing, Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate
And on COVID (focus on hospitalizations and deaths):
|Percent fully Vaccinated||62.6%||—||≥70.0%1|
|Fully Vaccinated (millions)||208.0||—||≥2321|
|New Cases per Day3🚩||761,535||556,134||≤5,0002|
|Deaths per Day3🚩||1,656||1,238||≤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.
This graph shows the daily (columns) and 7-day average (line) of positive tests reported.