by Risk calculated on 23/09/2022 20:42:00
From Matthew Graham at MortgageNewsDaily: The hits keep pouring in for the mortgage market (the wrong kind)
The Fed’s positive close to a volatile day offered false hope for rates – a fact that was laid bare with Thursday’s selloff. On Friday, more false hopes as another overnight selloff gave way to a full recovery at 9:20am. Since then, however, they have all been sellers.
In other words, the link has dropped again.
On COVID (focus on hospitalizations and deaths):
| COVID measures | ||||
|---|---|---|---|---|
| Now | The week Since |
Objective | ||
| New cases per day2 | 53,376 | 62,577 | ≤5,0001 | |
| Hospitalized2 | 24,764 | 27,762 | ≤3,0001 | |
| Deaths per day2 | 356 | 428 | ≤501 | |
| 1my goals to stop the daily messages, 27-day average for cases, currently hospitalized and deaths 🚩 Increase in the weekly 7-day average for cases, hospitalizations and deaths ✅ Goal achieved. |
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Click on the graphic to enlarge the image.
This graph shows the daily (columns) and 7-day (row) average of reported deaths.
NOTE: Cases have more than halved and deaths are lagging – so we may soon see average daily deaths in the 200s (good news, but still too high).
The average number of daily deaths bottomed out in July 2021 at 214 per day.