Friday, May 23, 2014

Huge Drop In Odds Favoring Republican Control Of House And Senate

On April 16, 2014, the price of the Iowa Electronic Market Security for a Republican House and a Republican Senate was .566, or a 56.6 percent chance that the Republicans would control Congress after the 2014 election. The current price is .275, or a 27.5 percent chance.

The odds favoring a Republican controlled Congress after the 2014 Congressional election have declined to less than half of what the odds were a month ago. The red line in the chart represents the price and odds of a Republican controlled House and Senate.

2014 US Congressional Control Market

Source: Iowa Electronic Markets

Market Quotes: Congress14 
2014 Congressional Control Market.

Quotes current as of 20:30:02 CST, Friday, May 23, 2014.
Source: Iowa Electronic Market

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