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

One of the handful of companies bucking the trend last week was Nvidia. The company reported that its Q1 sales tripled from a year ago.

Mixed economic data are marginally improving investor sentiment despite lackluster earnings reports following strong equity market gains yesterday. However, stocks are on track to close out October firmly in the red.

Stimulus, vaccines and new political agendas underpin recovery hopes

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