What Happened To Mike Bloomberg?
(2 min read)
Investors love him, polls were surging in his favour, and his ad spending was off the charts. Yet, by all accounts, Democratic presidential hopeful Mike Bloomberg didn’t impress in his first debate yesterday. While we do not have polling data, betting markets have made their judgement, seeing his odds of winning the Democratic nomination falling from 33% to 20%. Meanwhile, the odds of Bernie Sanders winning continues to rise (Chart 1) – we discussed his policy platform in an earlier note.
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