Capitalists will put a price on anything, including the presidential election. For Marker, senior editor Jean-Luc Bouchard took a deep dive into PredictIt, the prediction market where you can bet real money on any number of issues: whether Trump or Biden will win the White House, who Trump will decide to pardon next, or how long Kim Jong Un will remain in power in North Korea.
“Futures trading on political events is like catnip to people who not only love trading and making wagers but also yearn to feel as though their time-consuming habit of following political news and election data has value that can be translated into material benefit.”