According to prediction markets on the American financial exchange and prediction market, Kalshi, former President Donald Trump is currently leading Vice President Kamala Harris by 10 percentage points in the 2024 election. The odds have shifted dramatically since October 10th, moving from an even 50-50 split to now favoring Trump at 55 to 45.
This significant change in election odds has had a notable impact on Trump’s media stock, DJT, which has surged by 101% just this month. Investors and market analysts are interpreting these shifts as a strong indicator of a potential Trump victory in the upcoming election.
Kalshi, known for providing legal betting services for US elections, has become a key platform for tracking and predicting political outcomes. The current trend suggests a growing confidence in a successful campaign for Donald Trump, as reflected in the market dynamics and investment behavior surrounding his candidacy.
