Balancing out my last post, I thought I would point out that the online betting markets have become very important when following the election cycle. One site, electionbettingodds.com by John Stossel & Maxim Lott shows Hillary Clinton as the early strong favorite over Donald Trump in the 2016 Presidential election by 72+% to 22+%. The odds don't add up to 100% because of the small probabilities that someone other than Trump or Clinton is their party's nominee.
I don't think the polls or the betting odds are very predictive until after Labor Day, but they do give a sense of the collective wisdom of those following the race at this one point in time.
Kevin Spires, CFA, FRM
I don't think the polls or the betting odds are very predictive until after Labor Day, but they do give a sense of the collective wisdom of those following the race at this one point in time.
Kevin Spires, CFA, FRM
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