Investors have priced in some positive expectations for Eurozone cooperation this past week, with the Intrade odds of a nation to exit the euro by the end of 2012 now at 29.2%, down 4.2% from a week ago.
The chance of a Euro exit by the end of 2013 expectantly declined as well, down 2.7% from last week and now at 57.0%.
Interestingly, the odds of a Euro exit by the end of 2014 increased 0.9% to 65.9%. This suggests, mildly, that investors/gamblers believe that a Eurozone breakup is increasingly inevitable, but that the Eurosystem will be able to hold itself together on life support through the end of 2013.
