Trump Leads 2024 Election Betting, Senate GOP Wins

Donald Trump has emerged as the frontrunner in the 2024 U.S. presidential election according to multiple prediction markets, notably Polymarket, which reported a surge in betting activity favoring Trump with implied victory odds as high as 99.1% at one point. This trend is mirrored by other platforms like Kalshi and PredictIt, contrasting with traditional polls that show a tighter race with Kamala Harris. Trump's anticipated victory is expected to usher in his 'America First' policies, including tax cuts and tariffs, impacting global trade. The Republican Party's control of the Senate is set to facilitate Trump's legislative agenda. The significant betting activity underscores the high stakes and financial interest surrounding the election, with some speculation about market manipulation due to the large sums wagered. As results continue to come in, Trump's potential policy changes are closely monitored by global markets.