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Free AccessBetting Markets See Trump Favoured To Take GOP 2024 Presidential Nomination
Betting markets, reflecting a shifting sentiment around the 2024 presidential race, are showing an uptick in former President Donald Trump's chances of taking the Republican presidential nomination.
- Support for Donald Trump cratered after a poor performance at the midterm elections. The rejection of Trump-backed midterm candidates and Trump's mounting legal troubles shifted focus to Florida Governor Ron DeSantis (R-FL), seen by many as a more electable version of "Trumpism."
- This month's controversy surrounding President Biden's improper storage of classified government documents has compelled a re-evaluation of Trump chances, with many observers arguing that Biden's controversy has dulled many of arguments against Trump's candidacy.
- Today, Trump is the bookmakers favourite for the first time since the day of the Midterm Elections.
Chart 1: 2024 Republican Presidential Nominee (Smarkets)
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.