Rietz Comments on Market Movements
Bookmark & ShareJanuary 8, 2008
The past few days have seen a dramatic shift in the online political markets, where traders put down money to predict which candidates will prevail in the primary season. University of Iowa economist TOM RIETZ, a member of the IOWA ELECTRONIC MARKETS' steering committee, said the big role played by the early primaries isn't surprising. "As they resolve uncertainty, they'll move the market one way or the other."
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