InTrade and Recession in ’08
The current asking price for a recession in 2008 over at InTrade is at 50. Given that the price ranges between 0 and 100, we can look at this number as a probability that there will be a recession in 2008.
The current asking price for a recession in 2008 over at InTrade is at 50. Given that the price ranges between 0 and 100, we can look at this number as a probability that there will be a recession in 2008.