Kohn's Prediction

People love make predictions in January and the only one the market cared about today was made by Donald Kohn who said the U.S. economy is in for a good year. In reaction, the tape managed to work off some earlier weakness, but the gains were small and came on lower trading volume.

Earnings season gets underway tomorrow and hopefully we'll have some decent datapoints to key off other than just Fedspeak. At least one can hope! See you tomorrow morning.