Thursday, July 24, 2008

Money & Business

Capital Commerce

Hillary Follows the Same Election Track as Rudy

January 02, 2008 11:56 AM ET | James Pethokoukis | Permanent Link

Just checked the Intrade online betting market. Traders have Mike Huckabee winning Iowa, John McCain winning New Hampshire and South Carolina, and Rudy Giuliani taking Florida. Many pros, of course, doubt whether Giuliani's Sunshine State lead can actually survive a string of early losses.

Interestingly, Hillary Clinton may be forced into the same gambit if she is to grab the nomination: losing early and winning late. Right now, traders have Barack Obama winning Iowa, New Hampshire, and South Carolina before Clinton wins Florida. Again, those Florida odds for both Giuliani and Clinton are likely to drop if predictions of early losses come true.

Yet overall, traders still give Clinton a roughly 65 percent chance of being the Dem nominee while among Republicans it's a more-or-less three-way tie between Giuliani, McCain, and Romney. McCain has inched by Romney only in the past couple of days.

Tags: candidates | presidential election 2008

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About the Capital Commerce Blog

Send an E-mail to capcom@usnews.com.

James Pethokoukis is the money and politics blogger for U.S. News & World Report , where he writes the monthly Capital Commerce magazine column. Pethokoukis is also the assistant managing editor of the magazine's Money & Business section. He has written for many publications including the New York Times, the American, USA Today, Investor's Business Daily, and TCS Daily. Pethokoukis is also an official CNBC contributor and appears frequently on that network's Kudlow & Company, Power Lunch, and The Call shows. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, CNN, and Nightly Business Report on PBS. A 1989 graduate of Northwestern University where he double majored in Soviet politics and American history and a 1991 graduate of the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion.

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