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Free AccessTrump Firms In GOP Primary Odds With Further Criminal Charges Pending
Better markets have seen former President Donald Trump firm as favourite to take the Republican presidential nomination following last week's superceding indictment which saw additional charges of obstruction of justice added to his Department of Justice classified documents indictment.
- According to Smarkets, Trump has an implied probability of 75.1% of taking the GOP nomination, up around 70% prior to the superceding indictment.
- Florida Governor Ron DeSantis (R-FL) and entrepreneur Vivek Ramaswamy are in a distant second and third place with 9.5% and 8.3% respectively.
- Ramaswamy's recent rise in the Republican primary conversation is likely to due strong take-up amongst Trump's core base, which has seen him position himself favourably should Trump withdraw from the race.
- An additional indictment from Department of Justice Special Council Jack Smith related to Trump's alleged attempts to subvert the 2020 presidential election is expected in the coming weeks, and an indictment from Fulton County District Attorney Fani Willis related to a phone call Trump made to Georgia Secretary of State Brad Raffensperger is expected before August 18.
Figure 1: Republican Presidential Nominee
Source: 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.