Free Republic

It’s still anybody’s guess who will win the race for the White House but one prominent prediction market, reflecting bets on the outcome, is suggesting that there may be momentum for Kamala Harris. Thomas Peterffy, founder and chairman of Interactive Brokers, said in a statement Friday morning that Harris “engineered a surprisingly ferocious comeback” on the company’s ForecastTrader platform on Thursday night. He noted that the probability of her defeating Donald Trump rose from 38% a day earlier to 44% late Thursday, adding that there was volume of about $40 million for the Harris trade. ForecastTrader is one of several...

As Gov. Ron DeSantis continues his tour of Asia, Israel and the United Kingdom, cracks may be emerging in his domestic donor fortress.The latest indications of attrition come from a New York Times article, in which one of the Governor’s biggest backers is said to be “evaluating” the 2024 Primary landscape.According to the Times, Citadel CEO Ken Griffin has been alienated by DeSantis’ framing of the Ukraine war as a “territorial dispute,” in a statement provided to the now-canceled Tucker Carlson show on Fox News. Additionally, the state’s new six-week abortion ban, which DeSantis messaged about tentatively during political speeches,...

Thomas Peterffy grew up in socialist Hungary. Despite the fact that he could not speak English when he immigrated to the United States in 1956, Thomas fulfilled the American dream. With hard work and dedication, he started a business that today employs thousands of people. In the 1970s, Thomas bought a seat on the American Stock Exchange. He played a key role in developing the electronic trading of securities and is the founder of Interactive Brokers, an online discount brokerage firm with offices all over the world.