Not my area of expertise...but I'd guess tommorow is bullish, given Bernie won in Nevada....those big smart money boys on wallstreet love Bernie as the nominee
I think most people I know in pro finance feel that Bernie is bearish for both the equity markets and for the bond markets. because of the tape bombs about China/Corona?
I agree, he's bearish if he actually became president. But i don't think anyone that is rational thinks he win the general....which means trump would, and the street loves don john
I have not looked at the prediction market lately, but last I checked the conditional probabilities were such that if Bernie is nominated as the Democratic candidate, he has higher than 50% chances of winning against Trump. I think it was something like 25% chance of next president being Bernie 40% chance of Bernie being nominated So conditional probably comes out to 60ish% “if Bernie is nominated, he becomes president”
Can you please run that by me one more time, I am not too quick. 25% and 40%, how does that equate 60% of become president?