What a difference a Christmas and New Year makes! We ended 2011 with all good news discounted and all bad news amplified. We go away, have some turkey, mince pies and New Year cheer and return with the circumstances reversed.
The general air feels more optimistic, even the Greeks burning down their one tax collection office has not put a damper on things. All I can say is long may it continue and if nothing else a year of relative stability and a lack of extreme volatility would be welcomed with open arms.