IEM Traders Bullish on Obama
Wall Street may be a mess, but in the final hours before Tuesday's U.S. election one share just keeps rising: Barack Obama. The Iowa Electronic Markets predict Obama 91.5 percent likely to get in and McCain 8.6 percent. The markets, which are run by The University of Iowa as a research project, found in a study that it had beaten the polls 74 percent of the time over 20 years. This story also appeared on the Web site of THE PENINSULA (Qatar), ABC-TV (Australia), YAHOO! CANADA, and numerous other news organizations. Stories about the IEM also appeared on the web sites of the STRAITS TIMES of Malaysia,www.straitstimes.com/Breaking%2BNews/World/Story/STIStory_298186.html, and MSNBC.com, cosmiclog.msnbc.msn.com/archive/2008/11/03/1629847.aspx.