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

Here’s what the Fed is doing to try to spur growth in the economy – and why it’s hard to find significant yield from your investments these days.

Don’t worry: Hades has not frozen over. Yet bond king Bill Gross makes the case in his latest missive as to why stocks could outperform bonds.

It’s a followup to the Wired article Algorithms Take Control of Wall Street.