CFA Forecast Dinner/Crystal Ball Gazing

Tonight is our annual CFA Forecast Dinner. It's a sold-out event at Jackson Country Club. We bring in a panel of economists/analysts to predict markets for the coming year. This year, the group steps onto the stage as markets are roaring. It will be interesting to hear their predictions for the full year. It was an odd day. The big 3 automakers released sales figures. Chrysler eked out a gain, while Ford and GM saw another dramatic drop. This was accompanied by an announcement of record profits from Exxon! I think the folks in Detroit need to take notice. All indexes saw good gains on the day. DJIA +51.89 NASDAQ +4.45 S&P 500 +7.70