InTrade: Positive GDP in Q3?

My great pal Jerry Bowyer brought this interesting InTrade chart to my attention.

U.S. GDP Q3 Positive
U.S. GDP Q3 Positive

It shows that the global pay-to-play prediction market is growing confident that Q3 GDP is headed into positive territory. In fact, this contract is up another 2 points today, and now reveals a 75 percent probability of a positive U.S. GDP number in Q3. Not bad. It's another positive economic sign from folks betting with real money.

As I wrote in my latest column, Team Obama will surely take credit for any improving economic news. Republicans need to start crafting a smart political response.

Now on

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