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Jul.09
10:20 AM ET
As presumptive Democratic nominee Obama launches his first negative ad of the general campaign, we wanted to check in on the sentiment in the Intrade Political Futures markets towards the presumptive nominees.
Obama attacks presumptive GOP nominee McCain on his energy solutions on a day when oil [US@CL.1
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()] has rebounded on Iranian missile concerns. McCain's ad criticizes Obama for not offering new solutions for the high cost of energy and global warming.
The Intrade markets show Obama's presidential contract on a steady uptrend, and it is currently trading at a 65% probability that Obama will be the next president.
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McCain's contract and support in the Intrade market has been eroding since about May, in contrast to Obama's upswing, as evidenced by Intrade's comparison chart below.
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According to the Intrade markets, there is currently a 31.0% probability that McCain will be the next president.
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