Archive for the ‘prediction markets’ Category

What prediction markets have to say about the Dow

Wednesday, February 25th, 2009

The vast majority of the news about the economy is so dire these days, it’s unusual to hear something positive. But according to the prediction markets, the outlook for the Dow Jones is fairly optimistic. In fact, a majority of people are betting that the Dow will rise above the 8000 mark before the end of April. To read more about this positive news, take a look at the story that I wrote today for The Industry Standard: Prediction markets lead toward a Dow rebound.