How the Midterm Elections Impact Municipal Bonds

The video discusses the recent $66 billion bond measures proposed across the US, with a focus on infrastructure improvements. It highlights the impact of COVID on infrastructure maintenance and the role of municipal bonds. The potential revenue from cannabis legalization is explored, along with the challenges of tax collection. The video also covers millionaire tax proposals, particularly in California, and the outcomes of recent gubernatorial races. Finally, it discusses Chicago's credit rating upgrade by Moody's, emphasizing the importance of management and financial recovery post-COVID.

What factors contributed to the defeat of Proposition 30 in California?

What two aspects are considered when analyzing gubernatorial races?

What significance does Chicago's upgrade from Moody's have for the city?