Stories

John McCain is narrowing the gap against the Democratic nominee, whoever that may be, in trading on the Iowa Electronic Markets.

Following last night’s Wisconsin win, Barack Obama has jumped to a new high price for a Democratic candidate in the Iowa Electronic Markets (IEM), topping Hillary Clinton’s peak price.

In the University of Iowa business school project, traders buy and sell contracts on political candidates using their own, real money.  As of midnight, Obama shares were [...]

UPDATE: Post-Super-Tuesday, Hillary Clinton  was trading at 52.1 cents, while Obama was at 47.5 cents. On the GOP side, John McCain climbed even higher to 91.5 cents while Mitt Romney slid to 3.5 cents.

The Iowa Electronic Markets are showing a tight battle for the Democratic nomination on Super Tuesday.  On the Republican side, traders have [...]

UPDATE: In the wake of Hillary Clinton’s New Hampshire win, Obama’s gains were quickly lost.  Clinton regained the lead as of midnight at 55.3 cents to 39.5 for Obama.

Barack Obama has taken a commanding lead in trading on the Iowa Electronic Markets (IEM) following his caucus win.  The Republican picture is more volatile, but John [...]

Three Republican candidates are tightly bunched in trading on the Iowa Electronic Markets, where people place real money on the line to predict the nomination outcome.

As of 9 a.m. Caucus Day, Mitt Romney led the Republican market with a 26.4 cent price (or a 26.4% chance of winning the nomination.)  A resurgent John McCain recently [...]

Mike Huckabee is passing another benchmark of legitimacy: as of noon Wednesday he’ll be traded on the Iowa Electronic Markets (IEM).

The IEM is one place where politicians literally are bought and paid for.  In the University of Iowa business school project, traders buy and sell contracts on political candidates (not the kind of contract John [...]