The United States is set to undergo a "geographic sea change" where economic power is shifting from longtime coastal stronghold states still reeling from the housing bust and moving towards interior states with lower tax burdens, according to banking analyst Meredith Whitney .
Star analyst Meredith Whitney kicked off the IMCA conference Sunday in Seattle by decrying her reputation as a “doom and gloomer.”
This energy- and agriculture-rich region characterized by low tax rates and debt levels is poised to grow at a much faster rate than other parts of the country where tax rates and debt levels are much higher, Meredith Whitney says.
More discussion of the Mayan calendar? Nope, those words were spoken today about the muni market, which is having its roughest time since Meredith Whitney's dire prediction in 2010.
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She discussed the government’s case against the ratings agency, her municipal bond call and her thoughts on new Citigroup CEO Michael Corbat.
Star analyst, who misfired on muni bust prediction, says sector poised for double-digit returns through 2013.
Best-performing asset class for second straight-year; 'semi-safe status'
Municipal bonds are the whipping boys again.
Combined flows for actively and passively managed stock funds are on pace to put 2013 in record territory.