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JPMorgan runs below the prediction markets on a blue wave, at 66 percent against market sweep pricing near 75 percent, The Evergreen Edit reports
- JPMorgan runs below the prediction markets on a blue wave, at 66 percent against market sweep pricing near 75 percent, The Evergreen Edit reports — The Evergreen Edit reports JPMorgan, via CNBC, assigned 66 percent to Democrats winning both chambers, 26 percent to a Democratic House with a Republican Senate, 7 percent to Republicans keeping both chambers and 1 percent to a Republican House with a Democratic Senate. The bank's 66 percent sweep figure sits well below the roughly 75 to 78 percent sweep pricing on Kalshi and Polymarket, and JPMorgan estimated the S&P 500 reaction to a sweep at between a 0.25 percent dip and a 0.50 percent gain. (The Evergreen Edit)
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