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Political prediction markets just repriced faster than almost anyone on Wall Street expected, and the calendar now lines up with the single most turbulent stretch of the four-year stock market cycle.
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Democrat sweep odds just hit a record 60%. History says this is exactly when midterm-year stock drawdowns happen.
Although Wall Street entered September with the benchmark S&P 500 sitting on a double-digit year-to-date gain, the pricing on political prediction markets has quietly shifted into territory that ...
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