How Tight Are the 2014 Midterm Races?

The transcript discusses the political climate favoring Republicans, the election night math, and the Democrats' strategy to distance themselves from Obama. It highlights the impact of economic factors on voter sentiment and the focus on local versus national issues. The potential reaction of Wall Street to a Republican-controlled Senate is also analyzed.

What economic indicators are mentioned that could influence voter sentiment?

In what ways are Republicans and Democrats trying to shape the narrative of the election?

What is the significance of the upcoming elections for Wall Street according to the discussion?