A great morning today! --we got an upbeat start on the week w/ futures traders seeing stock indexes +0.51% and metals +0.24%. Once again the major econ announcements are weighted toward the end of the week so we'll be free from those wildcards. Light reading from the media--
- Obama drops the tempered tone of his economic message WASHINGTON (AP) — For most of last year, President Barack Obama tempered his pitch on the economy: It may be improving, he would say, but millions of Americans had yet to benefit from the rebound. Associated Press
- Could oil revisit $35? Jay Richards, Commodity Analyst at Just Spreads, says oil prices could test $35 a barrel - lows hit during the 2008-09 financial crisis - by the end of February or March. CNBC Videos
- Drivers Start New Year With Cheapest U.S. Gasoline in Six Years Bloomberg - 1:25am Drivers paid an average of $2.2021 a gallon for regular gasoline at U.S. pumps last week, the lowest level for this time of year since 2009, according to Lundberg Survey Inc. Prices dropped 26.92 cents in the three-week period to Jan. 9 and are $1.14 a gallon ...
- Mean-Spirited Republicans Launch Day-One Attack on Social Security - Michael Grable
--and threads:
Americans don't want a revolution despite Elizabeth Warren's sounds of alarm for the middle class