UI political stock market investors cool on Palin

Like NASA‘s Upper Atmosphere Research Satellite, Sarah Palin's political stock is falling to earth.

Traders on the Iowa Electronic Markets are growing increasingly skeptical of a candidacy by Sarah Palin, and even if she does jump into the race, traders believe there's a low probability she will win.

The IES offers no individual contract for the former Alaska governor and 2008 GOP vice presidential candidate. However, she is represented in the market's Rest of Field contract. The ROF contract includes all candidates for whom there are no individual IEM contracts. With individual contracts available for Mitt Romney, Rick Perry, Michele Bachmann and Ron Paul, traders who think Palin will win the nomination would buy the ROF contract.

Read more at IowaCaucus.com