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Trump or Biden? The Stock Market Doesn’t Care.
  + stars: | 2024-04-12 | by ( Jeff Sommer | ) www.nytimes.com   time to read: +1 min
The markets assume that former President Donald J. Trump has an even chance of winning the November election. After trailing for months, President Biden has moved slightly ahead of Mr. Trump in the betting on Predictit, the longest-running commercial prediction market in the United States. On Betfair, a robust British prediction market that is officially closed to U.S. residents, Mr. Biden has moved within one percentage point of Mr. Trump. Polymarket, an offshore market that accepts only cryptocurrency, shows Mr. Trump slightly ahead. “The prediction markets right now are telling us that the presidential election is basically a tossup,” said Eric Zitzewitz, a Dartmouth economist.
Persons: Donald J, Trump, Biden, , Eric Zitzewitz, Organizations: Dartmouth Locations: United States
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