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Daily Archives: January 14, 2011

Will munis default?

Muni market is in turmoil. In the following interview, Meredith Whitney gives her update on the muni market and why she thinks municipalities (not states) could default.

There should be some opportunities coming up. Investors should keep a close watch on the muni market in coming weeks.

To find out why cities got into the trouble in the first place, read this piece on today’s Journal.

Home foreclosures update

CBNC reports in 2011, we are going to see a spike in foreclosures nationwide: