Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Monday, May 2, 2011
Obama's Intrade Reelection Odds And S&P Futures Jump On Announcement Of Bin Laden's Death
Posted By Milton Recht
As of 1 AM, EST, New York, the Intrade security price for Obama winning reelection jumped 17.6 percent to 69.9 and S&P futures jumped 10.70, 0.79 percent. The increases are in response to the President's announcement of the killing of Osama Bin Laden and the US recovery and DNA identification of the body.
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