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Friday, September 23, 2022

COVID Sept 23, 2022, Update on Cases, Hospitalizations and Deaths

by Calculated Risk on 9/23/2022 08:42:00 PM

Mortgage RatesFrom Matthew Graham at MortgageNewsDaily: Hits Keep Coming For Mortgage Market (The Bad Kind)

The positive close on a volatile Fed day offered false hope for rates--a fact that was laid bare with Thursday's massive sell-off. Now on Friday, more false hope as another massive overnight sell-off gave way to a full recovery by 9:20am. Since then, however, it's been all sellers.

In other words, bond tanked again.
On COVID (focus on hospitalizations and deaths):

COVID Metrics
New Cases per Day253,37662,577≤5,0001
Deaths per Day2356428≤501
1my goals to stop daily posts,
27-day average for Cases, Currently Hospitalized, and Deaths
🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
✅ Goal met.

COVID-19 Deaths per DayClick on graph for larger image.

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

NOTE: Cases have declined by more than half, and deaths lag cases - so we might see average daily deaths in the 200s soon (good news, but still too high).

Average daily deaths bottomed in July 2021 at 214 per day.