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A rising market has tended to precede a victory for the sitting party 86% of the time since 1928
Stocks powered higher on Wall Street Tuesday as investors hope the end of a bruising U.S. presidential campaign may soon lift the heavy uncertainty that’s sent markets spinning recently.
The S&P 500 rose 58.92 points, or 1.8%, to 3,369.16 for its second straight healthy gain.
93% of bets being placed on a Trump victory over the last 24 hours.
According to gambling comparison site OddsChecker, 71% of money wagered on the outcome of the election was in favor of Trump over four hours this morning, a figure that represents a “remarkable” swing according to the site’s head of marketing, Sam Eaton.
“The 2020 election is following a very similar betting pattern to the one we witnessed back in 2016. The closer we got to Election Day, the more money came for Donald Trump,” said Eaton.
It’s normal for part-time gamblers to make late bets on the underdog, which according to the polls is Trump, because they are guaranteed higher returns.
However, according to Paddy Power, the numbers are massive, with 93% of bets being placed on a Trump victory over the last 24 hours.
“Even at the eleventh hour, punters are continuing to back Trump at the odds on offer,” said Ladbrokes’ Jessica O’Reilly.
Belligerent Savant » Wed Nov 04, 2020 3:58 pm wrote:.
It was and is an outright scam. As it has been for years.
It's only more brazen now.
"Get rid of the fascists"!!! By installing a different type of pro-Davos/Great Reset-friendly fascist, eh?
Again: the American people have been in a lose-lose scenario for some time. Now they've simply dispensed with whatever vague appearance of 'Democracy' remained.
Put aside your Trump hate for a moment and see it for what it is.
Biden and his ilk are well-beyond "neo-liberal". This isn't the early 2000s anymore.
If Trump is ousted, great. But now we have whatever vile agenda is in store for us led by the team of handlers running Biden's would-be presidency.
If it bears out that Biden is installed, impeachment proceedings will probably launch shortly thereafter -- or otherwise Biden's dementia will invariably take a turn for the worse -- paving the way for Harris as the proxy-in-chief on behalf of the team of handlers.
(Note to self):
Wasteful endeavor, tracking these overt displays. Focus should be placed elsewhere.
.
I'm no Biden fanboy, but he's not Trump
Belligerent Savant » Wed Nov 04, 2020 5:34 pm wrote:.
The short version of my response is: 'terrible things' have been happening incrementally, frankly, since the advent of civilization, away from the hunter/gatherer communal 'dreamtime' approach to consciousness and towards class/pyramid structures inherent to 'city'/Empire building, but more pointedly:
'Terrible things' have been escalating in pace since 2001, and 2020 is clearly the next explicit 'foot forward' towards overt dystopia.
I've decided to stop investing as much time on this -- as it's ultimately counter-productive -- and will leave it at that, except for the inclusion of the following link, expounding on the allusions of my initial paragraph.
https://en.wikipedia.org/wiki/The_Dreaming
(I'm not suggesting we revert to hunters & gatherers to address our ills, needless to say, though I do feel we can learn quite a bit from the philosophical approaches of our 'pre-civilized' ancestors)
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