Wednesday, September 02, 2009

Intrade Odds for Q3 Positive GDP Growth: 92.5%

Update: In early March the odds for positive U.S. real GDP growth in the third quarter were only 25%, based on contracts trading at Intrade.com, the "Prediction Market." As the economy has improved and as economic indicators have grown increasingly positive over the last six months, the odds for positive third quarter growth have increased to 92.5% (see graph above, click to enlarge).

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