Check out the prediction market on impeachment over at PredictIt.
Odds Have Moved From 11:1 To 4.8:1 Trump Will Now Impeached By Year-End
The contract that Trump will be impeached by the end of 2019 is up 133 percent in the last week, moving the odds from 11:1 to 4.8:1.
The contract for impeachment by the end of Trump’s first term is up 71.4 percent, moving odds from 4.8:1 to 2.8:1.
Of course, impeachment doesn’t mean removal but Leon Cooperman said on CNBC last week,
“Right now, the market is assuming Donald Trump is reelected.”
2.05 minutes in
Click here to view video
Please, no hate mail accusing us of partisanship. We are just conveying information that many of our readers are probably not aware of.
Put your money where your politics are and place your bets, folks. Mr. Market certainly isn’t pricing it. Maybe there is an arb here?