This week is all about the US economy.
When we last closed our Dow Jones prediction market the Dow was down at 10.000 points. Our long term trend indicated a recovery in the following weeks, but the strong surge of over 1000 points was much higher than predicted. Despite the recovery of the markets, the high unemployment rate remains steady. Even the expected new round of quantitative easing (QE2) may not change the pace of recovery and the mid-term elections raise the fear of a political deadlock in the US. So let’s see what the future holds for the Dow.
We will close some markets where users haven’t been active for a while to make way for new forecasts. The first in line is the “party votes Germany” market which hasn’t seen a lot of trades during the past three month. The market will close on Friday the 5th.
