Money & Politics with Larry Kudlow

InTrade: Positive GDP in Q3?

Share

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

U.S. GDP Q3 Positive
Source: intrade.com

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 CNBC.com

Questions? Comments, send your emails to: lkudlow@kudlow.com