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Obama versus Romney: Betting on Who Will Win in November
Friday, August 3, 2012 - 12:20pm | 673CNBC's Jeff Cox reported Monday that investors seem to be making bigger bets on which candidate will win the 2012 US presidential election. At that time, Cox discussed that "[o]ne analysis concludes that last week's sharp three-day market surge can only mean that Wall Street is banking on a...
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John Paulson Sees 50% Chance of Eurozone Breakup
Monday, July 23, 2012 - 3:21pm | 399John Paulson, founder and President of Paulson and Co. today stated that he believes there is a 50 percent chance of a Eurozone breakup. Paulson, famous for his bets on the housing market before it collapsed and then predicting the rebound in financials, runs one of the largest hedge fund firms in...
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Is the Struggling Economy Wrecking NASCAR? Stocks To Watch
Tuesday, May 15, 2012 - 4:37pm | 822According to an article on Tuesday from the Weekly Standard's Michael Warren, the National Association for Stock Car Auto Racing (NASCAR) is having a difficult time dealing with the Obama-era economy. Citing a study from pro-market think tank Public Notice and Race Fans 4 Freedom, Warren wrote...
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Intrade: Has Obama Already Won the 2012 Election?
Tuesday, April 10, 2012 - 7:33pm | 1392In light of Rick Santorum's leaving the race to be the GOP presidential nominee, the 2012 election appears that it will come down to a contest between former Massachusetts governor Mitt Romney and the incumbent Pres. Barack Obama. For one who believes in the "wisdom of crowds" in conjunction with...
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Does a Santorum Win in the Michigan Primary Mean a Good Stock Market in 2012?
Tuesday, February 28, 2012 - 11:32am | 262Contracts for a Santorum win in today's Michigan primary have moved sharply higher in price on Intrade. Intrade is a prediction platform that allows users to bet on the outcomes of a variety of activities, from political races to box office numbers. Users currently give Santorum a roughly 40%...
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Intrade Post-New Hampshire: Is Romney Already the Last Man Standing?
Wednesday, January 11, 2012 - 3:11pm | 1018It's official: Mitt Romney won the New Hampshire primary for the 2012 Republican presidential nomination. With the Iowa caucus and New Hampshire primary over and in the past where Romney has emerged victorious for both, in light of Intrade statistics, is the race for the Republican nomination...
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Intrade CEO Dies On Everest
Friday, May 27, 2011 - 9:27am | 195John Delaney, the CEO and founder of Intrade, has died while attempting to climb Mount Everest. The Daily Mail in England reported that he died 50 meters before reaching the summit. Tragically, Delaney did not know that his wife Orla had just given birth to his third child, a daughter who is to be...