Wednesday, September 11, 2024

Political Investor Daily

The political canary in the coal mine has FLIPPED. overnight. Investors did a complete 180 to kamala in twelve hours, from  51.8%-46.8% trumpie to 51.8%-46.9% kamala. (RCP)

 


Harris Surges Past Trump In Election
Betting Markets After First Presidential Debate


Topline

Vice President Kamala Harris vaulted past former President Donald Trump to become the bookmaker’s favorite to win the election on Tuesday night, after a strong showing in the first presidential debate.

 

According to the Election Betting Odds tracker, which consolidates betting numbers from four separate markets, bookmakers now believe Harris has a 51.8% chance of winning compared to Trump’s 46.9%.

This is a major shift in favor of Harris, whose chances have risen by more than four and a half points in the past 24 hours, while Trump’s have plummeted by four.

...

 

Surprising Fact [surprising, malcolm?]

While the betting markets believe the election remains fairly close, this is a strong consensus among bettors that Harris won the debate. Polymarket bookmakers believe Harris has a 98% chance of being judged the winner of Tuesday night’s debate in consolidated post-debate snap polls.