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

US inflation is expected to settle in the upper 2% range through 2026, a level historically linked to strong corporate profits and healthy equity market returns, creating a favorable economic backdrop.

As we look back at the past year, it’s clear that the Federal Reserve’s response to the regional bank challenges has had a significant impact on the market. The Bank Term Funding Program, which injected over $300 billion in liquidity, supported a 19% surge in the S&P 500 through July.

Xmas sales should pick up in 2019, but Amazon looms