MPC.13AUG.10.51.D 1@90.00 MPC.13AUG.10.01.D 1@70.00 MPC.13AUG.9.51.D 1@50.00

How market pricing is useful.

Obama vs S&P 500

I found this graph on the following blog: http://www.clubforgrowth.org/2008/10/obama_vs_sp_500.php
After following a link from Instapundit.
Correlation is not causation, and there may well be more going on here than the picture shows.
BUT the point I want to make is the usefulness in getting a price information out of Prediction Markets.

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