Obama still considered likely winner in November

obama3.jpg At least according to the online action at Intrade, the Internet trading site. An Obama win is being priced at $6.10 a share, which gives him a 61 percent chance of winning. As you can see by the chart, the president's prospects spiked last May with the killing of Osama bin Laden and then plunged last summer during the debt ceiling debate. By late last year, around the time the Republicans started making fools of themselves, his numbers improved. Today's trading is only a snapshot, of course, but Intrade bets do capture conventional wisdom, whatever that's worth.

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner

Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook