Pantheon Macroeconomics

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23rd Dec 2021 13:38U.S., Daily Monitor

  • Omicron cases likely will double over the holidays, but what matters is hospitalizations...
  • ...A clear increase is inevitable, but pressure on hospi- tals will be less intense that in the January 2021 wave.
  • Don't worry about November's soft core capex orders and new home sales numbers; noise not signal.

activity business surveys capex core core capex orders core inflation cpi demand fed forecast goods growth healthcare home sales housing housing demand inflation it mortgage mortgage applications new home sales orders population production rate hike retail sales sales data services surveys u.s.

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Keywords for: While We're Out, Omicron Cases will Rocket, but don't Worry, Much

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