Political stock market stays busy

It’s been nearly two months since the Iowa Caucuses, but the presidential candidates are still seeing their ups and downs among some “voters” in the state. The University of Iowa hosts the “Iowa Electronic Market” where you can trade on-line in the political futures of the presidential candidates. U-of-I economics professor George Nuemann says Republican George W. Bush has swayed in the trading and is now on the upswing after his win in South Carolina. As Bush stock soared, Nueman says challenger John McCain’s took a corresponding plunge.The Iowa Electronic Market also lets traders invest in the Reform Party. Nueman says that’s produced an oddity in recent days as investors have bought shares of Ross Perot stock.Traders can participate by logging on to the Iowa Electronic Market website at:iemweb.biz.uiowa.edu.