Stock, oil and related futures provide valuable clues for investors/readers concerning where these market / commodities are headed.
With the above as background, Intrade.com's futures for the 2008 U.S. presidential election currently predict a decisive victory for U.S. Sen. Barack Obama, D-Illinois, over U.S. Sen. John McCain, R-Arizona.
InTrade's Realtime Electoral Vote Predictor is projecting an electoral college vote total of: Obama 364, McCain, 174. A candidate needs 270 electoral votes to win the presidency.
Futures for Obama win are high
Futures on an Obama win are at 86.4. The 86.4 level means that the market predicts there is an 86.4% chance of this event happening. All Intrade markets trade between 0 and 100.
Futures on a McCain win are at 14.4, signaling that the market believes there's a 14.4% of McCain winning the election.
With the above as background, Intrade.com's futures for the 2008 U.S. presidential election currently predict a decisive victory for U.S. Sen. Barack Obama, D-Illinois, over U.S. Sen. John McCain, R-Arizona.
InTrade's Realtime Electoral Vote Predictor is projecting an electoral college vote total of: Obama 364, McCain, 174. A candidate needs 270 electoral votes to win the presidency.
Futures for Obama win are high
Futures on an Obama win are at 86.4. The 86.4 level means that the market predicts there is an 86.4% chance of this event happening. All Intrade markets trade between 0 and 100.
Futures on a McCain win are at 14.4, signaling that the market believes there's a 14.4% of McCain winning the election.
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