Election Update Nov 5, 2024 (Patreon)
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Takeaway from Fireside Chat yesterday was folks wanted updates on the election. So here is my detailed write up.
The reason we care about the Election as it impacts markets - markets are booming today - BTC up 3600 in 18 hours, SOL up to nearly 170 - monster swings, TSLA MSTR up - we have come down a little off the highs but this is the status right now - I am not hedged, I have not sold anything, I have not bought anything... I may take a nibble before the close.
HERE IS THE DATA I SEE RIGHT NOW
Donald Trump is currently leading in betting markets, with odds around 60-40 in his favor
Betting markets have historically been a good indicator of election outcomes, with 10 out of the last 11 favored candidates winning
Real Clear Politics is officially predicting a Trump victory based on their aggregate polls
FiveThirtyEight's final forecast shows a very close race, with Kamala Harris at 50% chance and Trump at 49%
There are reports of record turnout in rural areas, which is seen as favorable for Trump
Pennsylvania is experiencing high Election Day turnout, particularly among male voters - PA is the whole ball game - if Trump wins PA - it is game over.
Trump is considered a clear favorite in Arizona, Georgia, and North Carolina, with a slight edge in Pennsylvania
Betting markets show fluctuations in Rust Belt states, with Trump regaining a lead in Pennsylvania
Iowa betting odds show Trump with an 85-15 advantage - yeah that was fake news over the weekend from De Moines register rag.
Senate race betting odds show Republicans leading in key states like Ohio and Montana, with potential gains in Arizona and Rust Belt states
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