This Futures Exchange Isn't About Soybeans

IEM trades in election outcomes--with striking accuracy

Al Gore with a 58% chance of beating George W. Bush? Hillary Clinton with a 70% chance of beating Rick Lazio? Conventional polls, to be sure, show the Presidential and New York senatorial elections too close to call. But a fascinating online futures market, followed by political pundits, Wall Street forecasters, and even pollsters, provides a different picture.

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