Meredith Whitney on 60 Minutes: Expect 50+ muni bond defaults in 2011

The Fed’s decision-making is primarily driven by monthly inflation reports and labor market data, and renewed progress on inflation is necessary for the Fed to feel comfortable enough to begin the rate cutting process

Which could present opportunity for contrarians.

As inflation reaches fresh ’24 highs, rates are expected to continue their upward trend, making it a challenging environment for investors.