Following last week’s ridiculous surge for Obama, this week he once again drastically increased his odds of victory in November. A better statement may be that Romney tried very hard to reduce his odds of winning, as Obama certainly hasn’t done anything miraculous in the last week.
As of today’s Intrade close, Obama currently holds a 71.1% chance to win reelection, a sizable 4.7% better than the 66.4% he held a week ago. Romney now sits with only a 29.0% chance to win, 4.3% worse than the 33.3% he had last week.
In my eyes this race is all but finished, and if Romney sees one more week like this, then he might as well not be on the ballot.