A Groundhog for the Economy?

Every winter, we turn to the humble groundhog to tell us whether the worst is past or we are going to have six more weeks of winter. Economists are a lot like weathermen, in that they can theorize about what is coming based up on what their various indicators say, but they aren’t very good at it. I propose that we really need is a groundhog for the economy. Who better than the trusty rooster? Every morning, up before the crack of dawn to predict the coming of the sun as a new day dawns. Lets see what he has to say. Does he seem hopeful? Agitated?