Biden betting narrows

Monday 20 May 2024

Goldman with the wrap of US betting markets.

Where things stand: President Biden trails former President Trump by less than 1ppin national polling and by around 2pp in the swing state that would currently provide the winning electoral vote.

Prediction markets imply around a 52% chance of a Democratic win.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.