by Mike ‘Mish’ Shedlock
On UK betting sites, Odds Grow that Trump Will Leave Before His Term Ends.
Will Donald Trump stay the course and remain in the White House for a full four-year term?
Yes, if you ask the man himself, but bettors are not so sure. In fact, the probability of President Trump leaving office via an impeachment or resignation before he finishes his first term has doubled over the past three months, according to British bookie Ladbrokes.
Immediately after his election win in November, the odds of Trump staying in the Oval Office for four years were 3/1, indicating a 25% chance he’d leave early. Now a little more than three weeks into his tenure, the odds have been slashed to 11/10, putting a 47% chance that he’ll resign or be impeached.