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Author Topic: Market Inefficiency or Extreme Uncertainty?  (Read 3591 times)

Offline Hamzaal24

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Market Inefficiency or Extreme Uncertainty?
« on: March 19, 2020, 06:09:14 AM »


The crypto exchange FTX offers the ability to gamble on the winner of the 2020 US presidential election.
The winning odds of all candidates adds up to only 0.973. That means the market values a 2.7% chance that no candidate from a major party wins the election.
The last person who was unaffiliated with a major party yet won the election was George Washington, in 1793.

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Market Inefficiency or Extreme Uncertainty?
« on: March 19, 2020, 06:09:14 AM »

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