Cate Long on municipal midterm fallout, Mauldin on Yen meltdown

How does Wall Street feel about the GOP having control of both the house and the senate? Erin weighs in. Cate Long, partner at Puerto Rico Clearinghouse, gives us her biggest takeaways for the municipal bond market and finance from the midterms and tells us why the Illinois gubernatorial race was the most significant in the country. John Mauldin, chairman of Mauldin Economics and author of ‘Code Red: How to Protect Your Savings from the Coming Crisis’, talks about how currencies affect valuations, capital flows and market movements, and gives us his main takeaways from Japan. And in the Big Deal, Erin and Edward Harrison talk oil.

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