The Market Likes Geithner

The market turned on its heels when it was announced that Tim Geithner would be Obama's Secretary of the Treasury. I think it's good for three reasons: 1) Geithner is already involved in the crisis and will hit the ground running; 2) At the NY Fed he can continue to work on issues before January 20th; and 3) The market just likes to know who is in charge.

The weekend question: Will the market follow through on Monday or is this just another one day wonder?