What Impact Will The Presidential Election Have On The S&P 500?

Leading in opinion polls after her first debate against Trump, Clinton’s momentum also appears to be increasing heading into Sunday’s second debate, at least if one takes a look at the betting markets, said David Kass, a clinical professor of finance at the University of Maryland’s Robert H. Smith School of Business.

“PredictWise, a prediction market aggregator, shows that people with money on the line are betting that Clinton will win, with a probability of 80 percent,” noted Kass. “PaddyPower, a London-based betting parlor, is indicating that Clinton has a 73 percent probability of being elected, an increase from 63 percent prior to the first presidential debate.”