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Thursday, July 07, 2011 11:44:06 PM
CHART OF THE DAY: Debt Ceiling Optimism Breaks Out
Joe Weisenthal | Jul. 7, 2011, 1:52 PM
With all the talk of Obama caving on some entitlement programs, and the GOP caving on some revenue increases, debt ceiling optimism has broken out.
On InTrade, odds of a deal by the end of August just spiked on big volume.
Still, odds of a deal are only at 80%.
Joe Weisenthal | Jul. 7, 2011, 1:52 PM
With all the talk of Obama caving on some entitlement programs, and the GOP caving on some revenue increases, debt ceiling optimism has broken out.
On InTrade, odds of a deal by the end of August just spiked on big volume.
Still, odds of a deal are only at 80%.
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