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Harvard Professor Says Markets Underestimate Trump

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Harvard professor Niall Ferguson told Bloomberg that Donald Trump has a better chance of becoming president than the betting markets currently project.

Said Ferguson: “Trump has a pretty close to 50/50 chance of winning this election, especially since Hillary Clinton is, let’s face it, not a very strong and attractive candidate. We’re still kind of underestimating this. The betting markets still think that Trump has a one-in-three, one-in-four shot at being president, but it’s actually I think much much higher than that.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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