2018 House/Senate Control Markets
So, serious people who care about the election watch the prediction markets. How to think about this information? Informed people look to the markets. What do the markets say? OK, then that is the probability. This is not an airtight argument or a closed loop. Of course, real information does intrude upon this picture. In the past, traders followed the polls too closely and sent the prediction markets up and down. But now the opposite is happening. Belief in the correctness of prediction markets causes them to be too stable.
Take a look at the prediction market—based probabilities from the past three elections. Think Hilary Clinton has a 70 percent chance of becoming president? As events change, someone could buy that option at a higher price. What is the likelihood that John Boehner will remain speaker in the next Congress? Will Republicans control the Senate?
And just like the stock market, the aggregated price changes by the minute as users respond to shifting events. One minute it could be a 70 percent option that Clinton will be the Democratic presidential nominee. The next minute, it could be 65 percent. The Iowa market has been operating without any threat of enforcement action since Donald Trump is showing signs that the investigation into the election is starting to weigh down on him.
The Tradefair team brings you the latest from U As the Mueller investigation escalates, with the first significant trial starting tomorrow, Paul Krishnamurty predicts the result will be the premature retir Donald Trump has met with top EU officials to discuss trade and both parties have agreed on a future plan.
The Tradefair team brings you the latest from US p OK, I get it. Read more Join today View market. Trump accuses Google of being 'rigged' President Trump says Google has chosen to ignore his two State of the Union addresses.
View market Tradefair 30 August Leave a comment. The next big political outsider - Avenatti for President Donald Trump's victory proved non-politicians can win the presidency and Paul Krishnamurty says its highly plausible he could be taken down in by the ch View market Paul Krishnamurty 28 August Leave a comment. Cohen guilty plea adds further pressure for Trump A guilty plea by the President's former Lawyer Michael Cohen could land Donald Trump in increasingly hot water in the weeks to come.
View market Tradefair 23 August Leave a comment.