Traders are Betting: Who is the Author of NY-T’s Anonymous Resistance Op-Ed?

 Traders are Betting: Who is the Author of NY-T’s Anonymous Resistance Op-Ed?

 Traders are Betting: Who is the Author of NY-T’s Anonymous Resistance Op-Ed?

Dan Coats, Mike Pence and Kirstjen Nielsen were among the favorites Thursday among political gamblers taking an online stab at predicting which senior Trump Administration official authored a scathing anonymous column in the NY-Ts.

Mr. Coats, the director of national intelligence, was seen as having an 18% chance of being the writer who said senior officials are part of a “quiet resistance” in the administration, according to PredictIt.org, an online market for betting on political events.

Vice President Pence was listed in 2nd place with a 12% chance, while Homeland Security Secretary Nielsen came in 3rd with 10%.

Players can also bet “no” for each choice. The “no” bets will win if the author is not identified by the end of this year.

The market was slowly attracting participants and the Top rankings were expected to fluctuate as it picked up steam, said a spokeswoman for PredictIt.

“We had so many traders asking us if there’s a market on this,” he said. “It was definitely something that was in high demand. I think it’s going to get a lot of action in terms of trades.”

Messrs Coats and Pence, along with Secretary of State Mike Pompeo and Defense Secretary James Mattis, have denied writing the article which was published Wednesday and sent shock-waves through Washington.

President Donald Trump blasted the anonymous author and the newspaper. The column fueled more accusations by critics that the Republican president was unstable and unfit for the Oval Office

PredictIt’s market, which went live at 11:00a EDT and was titled, “Who will NYT confirm as anonymous op-ed author in 2018,” listed 19 senior officials as possibilities. Betting was scheduled to run until Midnight on 31 December 2018.

If the author is not identified by the newspaper or an authorized representative by then, the market would close and traders who bet “yes” would automatically lose.Each of them are individual markets. Whoever bet ‘no’ will win.”

“This will be one of the all time great markets,” wrote a trader in the site’s associated ‘comments’ section.

Have a terrific weekend

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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