Did the Korean Bomb help the Republicans?
Sam Savage October 10th, 2006
The biggest event in the news yesterday was the test of Korean Atomic Bomb, and it was bound to have political repercussions.
TradeSports has two contracts that measure the chances of GOP control after the November election; the SENATE.GOP.2006 and the HOUSE.GOP.2006.
These were both down yesterday by unusually large magnitudes given their recent volatility.
There was no other particularly bad news regarding the Republicans yesterday, hence I believe that effect of the bomb on the GOP was negative.
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