Prediction Markets for Prescient Political Punters

A political prediction market trader holds forth on recession, the 2024 presidential race, politically charged indictments and the chance of a nuclear armageddon  he ink is still wet on the midterm ballots, which can only mean one thing: The 2024 presidential campaign is now in full swing. So let’s start there with our assessments of … Continued

Betting Against the Political Polls

Pollsters fared badly in the 2020 elections, especially down-ballot. Were prediction markets a better bet? Forecasters are a shifty bunch, adept at concocting preemptive excuses and post hoc narratives for why their projections are right, no matter what happens. They eagerly point out the stupidity of betting markets, such as political prediction market PredictIt.org, yet … Continued

The Lincoln Project: A Sign of What’s to Come, or Just More Noise?

Big-name Republicans are backing the super PAC, including Anthony Scaramucci Republican- and former-Republican-led super PAC the Lincoln Project has cracked the code to virality, but its primary targets aren’t Democrats. They’re President Donald Trump and Republican senators. “The Lincoln Project is holding accountable those who would violate their oaths to the Constitution and would put … Continued