In this episode of the Odd Lots podcast, recorded live on Election Day 2024, the hosts dive into the world of prediction markets, the economy, and the implications of the election results. Guests engage in a lively debate about the trustworthiness of polls and prediction markets, while also examining how the markets might react to various election outcomes, especially in relation to monetary policy and the so-called "Trump trade." They also explore the ongoing globalization of the economy, focusing on China's influence and the effects of tax policies. A central theme emerges: the stark contrast between the narratives surrounding deglobalization and the actual data that reveals a continued, though problematic, integration of the global economy.
