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Stock Market Trend Forecast Oct - Dec 2019 by Nadeem Walayat

Donald Trump Post Debate Meltdown, Betfair Betting Market Points to Collapse in Odds of Winning

ElectionOracle / US Presidential Election 2016 Sep 30, 2016 - 09:25 PM GMT

By: Nadeem_Walayat

ElectionOracle

According to the betting markets It appears Donald Trump's campaign is in full meltdown mode in the wake of Trumps loss to Hillary in the first debate following which instead of Trump's campaign trying to learn lessons from the defeat, instead has increasingly witnessed delusional Trump claiming victory and doubling down on by basically magnifying that which lost him the debate in the eyes of the voters as illustrated by calling into Fox and Friends that literally had the presenters grimacing in response to some of the statements that Trump was making such as being in the lead in fictitious opinion polls and then trying to defend the fat Miss Universe saga.


Whilst the opinion polls show no shift post debate i.e. still have Hillary on 44% and Trump on 41%, so no change there. However a likely for more accurate measure of candidate standings are the bookies and betting markets such as betfair where we are witnessing a steady collapse in the probability for a Trump Election win. For instance just prior to the debate Trump had rallied to his best market standing of 2.88, immediately following the debate that had widened to 3.35, yesterday Trump stood 3.45 and today's latest price now has him at 3.75 which converts into just a 25% probability of winning the election, down from a peak of about 35%.

US Presidential Election 2016 Betfair Market

Date Time (BST) Hillary Trump Comments
25th Sept   1.58 3.05 Trending in Trumps favour
27th Sept 2am 1.57 2.88 Trump peaks just prior to the start of the 1st debate
27th Sept 4am 1.44 3.35 Just after the 1st debate confirming Trump lost.
30th Sept 3am 1.45 3.45 Odds continuing to move against Trump election win
30th Sept 9pm 1.39 3.75 Accelerating meltdown of Trump odds

 

So what Trump has been doing post debate has been WORSENING his chances of winning the election. Though of course the betting markets could once more turn out to be just as wrong as they were for the UK's EU referendum, but still they are likely to be far more accurate then the POLLS! Which CANNOT be taken seriously as they tend to be weighted and skewed in favour of those commissioning the polls.

The next debate is on Sunday 9th October with the third and final debate on October 19th.

See the following video for why Donald Trump lost the 1st debate to Hillary Clinton:

Trump's debate loss boiled down to "tax, birth and pigs", so it's no wonder Hillary was shimmying.

However, they say to know who really won a debate you have to watch the debate with the sound off, whilst its not possible to watch 90 minutes, but even a few minutes of watching the debate with the sound down can result in a completely different result! For it's the old Kennedy / Nixon phenomena, where those who listened to the debate on Radio concluded that Nixon won, whilst those who watched it on TV concluded Kennedy won. So who wins if the the sound is turned down? See for yourself in this 3 minute video -

As for my forecast for who most probably will win to become the next US President which is not based on the polls or odds then watch:

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2016 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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