Information Markets on Romney Running Mate Pick: Meh

With Mitt Romney's announcement of Paul Ryan as his running mate for the upcoming election, the information market has answered with an emphatic "whatever".  As of Thursday, Romney's predicted chance to win the upcoming election had gone as low as 38.0%, its lowest since May 22nd.  After Romney's announcement this morning that Wisconsin State Rep Paul Ryan would be his running mate, his win percentage has increased to 39.6% (an increase of .8% on the day).  While it is doubtful the Romney campaign missed out on a home run, it at least avoided a Palin-esque disaster.

Edit: Since I posted this, Romney's .8% gain had swung into the negative for the day.

Link to Intrade for stat geeks:
Closing Prices chart - Mitt Romney to be elected President in 2012