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The Odds On Clinton, Trump

Monday, November 7, 2016 9:23
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Betting sites now put Hillary Clinton’s chances of winning the U.S. election at more than 80 percent, although there are enough people willing to take the other side of that bet that wagering is at record highs. The U.K.-based internet betting exchange Betfair said the presidential race was set to become the most traded ever, surpassing bets on Brexit.

Meanwhile stock markets around the world are rallying on news that the FBI reaffirmed its earlier recommendation that no criminal charges are warranted against Clinton – ending an unusual 9-day losing streak. Asian stocks, excluding Japan, rose just under 1 percent; European stocks were up more than 1 percent; and futures were pointing to a rise of 1.3 percent at the open in the U.S.

The biggest winner of the day was the Mexican peso, which has acted as a bellwether of sentiment on Trump’s election chances. It rose around 2 percent.

For those who still haven’t decided how to vote, Fortune has published a pair of closing arguments on the unprecedented Trump campaign — one from hedge fund operator Anthony Scaramucci who argues Trump is the best hope for getting America back on track, and the other from financial journalist Roger Lowenstein, who warns…

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The post The Odds On Clinton, Trump appeared first on Liberty Investor™.


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