1. A 31 year old healthy male hospital worker has died of Bird Flu in Shanghai, reported as Jan 18. The good news is the short lag time to make the news. The bad is the transmission risk and the coming Chinese New Year traveling and Olympics. Dial the "back burner" up 2 notches on this.
2. POTUS speaks out to The New Yorker on legalizing pot under the , "I did this quite a bit and look at me now" argument. The national decriminalization looks to be on the way.
3. The week is rather empty for information with Thursday bringing some data and supply announcements. Earnings will get the headlines but the price action will be the story. Color us skeptical.