The PJ Tatler

Romney Still Riding High on Intrade

Mitt Romney may just have squeaked by in Iowa, but it does not seem to have hurt his value much on Intrade – “The World’s Leading Prediction Market” – where the former Massachusetts governor is now trading at a near-high 80.9% chance of being the Republican nominee.

By contrast Rick Santorum, despite his good showing in Iowa, is at 5.1%. Santorum’s cause could not have been helped by today’s report that Rick Perry is staying in the competition, further muddying the conservative Not-Romney waters.

For the record, Newt Gingrich is also at 5.1%, Ron Paul at 2.7% and Perry at 1.5%. Republicans, as we know, pay attention to markets.