The Candidate Doesn’t Matter

Despite large swings in the market for presidential nominees over the past few days, on the Democratic side Clinton has dropped and Obama risen by almost 15 points and on the Republican side McCain has surged to take the lead (!), there has been very little movement in the winner take all market which is predicting a Democrat win.  Thus, the markets seem to be saying that the candidate doesn’t matter.  In this election it’s party and the Republicans are losing.

Winner Take All Market from IEM (click to expand).



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