• At 8:30 AM ET, Personal Income and Outlays, July 2022. The consensus is for a 0.6% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 6.4% YoY, and core PCE prices up 4.7% YoY.
• At 10:00 AM, Speech, Fed Chair Jerome Powell, Economic Outlook, At the Jackson Hole Economic Policy Symposium
• Also at 10:00 AM, University of Michigan’s Consumer sentiment index (Final for August). The consensus is for a reading of 55.1.
On COVID (focus on hospitalizations and deaths):
AgoGoal New Cases per Day290,67597,183≤5,0001 Hospitalized232,90335,314≤3,0001 Deaths per Day2389441≤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.
Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.