Market Betting Against Bolton Confirmation


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The Bolton market at is dropping dramatically. The chances of Bolton now getting through as Ambassador to the United Nations are measured by the market at 45% chance of confirmation.
This is amazing as he was considered quite likely, 95% likely at the end of May, and then hovered around 90% through early June — after which it has been plummeting since.
We are winning.
— Steve Clemons
(ed. note: If one goes to, clicks “Current Events” in left column, and then “United Nations,” one can find latest value of “Bolton U.N. Confirmation contract” — now only at 45%)