Some few weeks ago, I mentioned the Iowa Electronic Markets‘ trading in futures predicting the Presidential race. I thought today might be a good occasion to visit the site to see where the (presumably) smart money lay. Kerry has gotten a slight push by the Super Tuesday wins and now edges Bush slightly, $.486 to $.483. Right now, it looks like we’re in for a close race this fall, though eight months is an eternity in politics.
If you want a good visual summary of the primary season and the conventional wisdom of the last year, take a look at the site’s graphs.
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