My great pal Jerry Bowyer brought this interesting InTrade chart to my attention.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKHzNoFarPF6E8VLHxlEVfQtwqn0iL6DrmMsYlufl98LM0c9UKDriPT93DRY6fez-s_iRdQf6O4vbLUE9qVAFANd_qQjzpkfHlvHRp02u-PWwJK6scKHnVIR6IQtAMLoNv617B/s400/gg.png)
It shows that the global pay-to-play prediction market is growing confident that Q3 GDP is headed into positive territory. In fact, this contract is up another 2 points today, and now reveals a 75 percent probability of a positive U.S. GDP number in Q3. Not bad. It's another positive economic sign from folks betting with real money.
As I
wrote in my latest column, Team Obama will surely take credit for any improving economic news. Republicans need to start crafting a smart political response.