For all the suspense the campaigns have pumped into their VP selections, decision markets are starting to coalesce around Joe Biden and Mitt Romney. In ...
For all the suspense the campaigns have pumped into their VP selections, decision markets are starting to coalesce around Joe Biden and Mitt Romney. In the last 24 hours, both have nudged about 50 on Intrade, meaning traders think it is more likely than not that these two guys will be The Guy, despite what they say.
Of course, the markets could be way off--they are known to get volatile just before the decisive moment. That bettors think Biden or Romney are the picks doesn't necessarily suggest the super-secretive campaigns are leaky.
That said, if the markets are right it could deflate the big announcements, perhaps especially Obama's. Will the most hyped text message in political history be greeted with a ho hum?
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
Are Muni Bonds Being Replaced by Direct Loans?1 day ago
Unrest Continues in Ferguson1 day ago
To Save Money, Cal State Considers Not Accepting Freshmen at All1 day ago
Judges Overturn Gay Marriage Bans in Mississippi and Arkansas1 day ago
How the GOP's Rust Belt Governors Might Fix its 1% Problem1 day ago
New San Francisco Rule Prevents Employers from Changing Worker Schedules1 day ago