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

Companies are putting their public offering plans on hold

Powell reiterated that he doesn’t think the Fed will cut rates at its March meeting, signaling that mid-year would likely be a better time to introduce a cut, citing the need for more data to illustrate that recent gains in controlling inflation aren’t transitory.

What is behind the UST market’s odd response to the Fed meeting?

Modern portfolio theory has taken its lumps in recent years.