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Thursday: Unemployment Claims, PPI

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July 14, 2022
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3 investing lessons from the Club’s meeting Friday

Insana says there’s more evidence of slowing inflation and other central banks are noticing

by Calculated Risk on 7/13/2022 08:52:00 PM

Thursday:
o At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for 230 thousand down from 235 thousand last week.

o Also, at 8:30 AM, The Producer Price Index for June from the BLS. The consensus is for a 0.8% increase in PPI, and a 0.5% increase in core PPI.

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeekAgoGoalNew Cases per Day2?123,365108,028<=5,0001Hospitalized2?31,99328,720<=3,0001Deaths per Day2?342311<=5011my 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.

Click on graph for larger image.

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

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