Greg Mankiw's Blog: No Longer the Underdog
McCain Is No Longer Underdog
McCain is not the case that he is no longer Underdog
If the market probability correct, McCain is now no longer underdog.
McCain market probability is no longer underdog is just a bit more than 50 percent and MaCain is no longer underdog.
Either market probability correct or McCain is no longer underdog.
The Market probability is correct if and only if McCain is no longer underdog.
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