Mitt Romney went into Iowa as the heavy favorite to win the Republican nomination and he leaves New Hampshire in the same position. Unlike the see-saw like swings in the Democratic nomination battle of 2008 or the steady movement in the Republican nomination battle of 2008, all of the candidates’ positions remained relatively static during the entire period surrounding these first two primary contests.

Considering the following chart, which shows the market-based odds over the course of the Iowa and New Hampshire contests for both this and last cycle:

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