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Event Bets Pose A Problem For Wall Street Firms Looking To Trade

by The Wealth Advisor Contributor
(Bloomberg) - Prediction markets are booming. Wagers on everything from the return of Jesus Christ to who will win the World Cup have driven weekly volumes on platforms like Polymarket (POLA.PVT)and Kalshi (KLSH.PVT) into the billions of dollars.

Featured

'Not As Bullish': Big Banks Are Entering Q1 Earnings Season On Less Certain Footing Than In January

(Yahoo!Finance) - Wall Street’s biggest banks are riding into the first quarter earnings season on far less certain ground than where they began 2026.

Here’s What’s Been Sailing Through Hormuz as Trump Vows Blockade

Portfolio Construction Remains The Dominant Determinant Of Long-Term Investment Outcomes

Portfolio construction remains the dominant determinant of long-term investment outcomes, even as markets evolve and macroeconomic conditions grow more complex.

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Washington Wire

Trump’s Aides Drafting Economic Measures to Combat Virus Fallout

The package is still being debated and hasn’t yet been presented to President Trump. A small group of officials worked on it over the weekend.

The Trust Advisor

Time To Play Offense: National Advisors Trust Raises The Stakes Beyond Survival

The post-crash decade reinforced the industry’s zero-sum competitive posture. Now it’s time to surround yourself with people willing to reach higher.

Commentaries

OPEC’s Epic Fail Will Hurt All Oil Producers, Even Russia

This isn’t the first time OPEC+ has become an uneasy relationship, but it is by far the most damaging development yet.

Commentaries

Sam Zell Buying 'Ridiculously Low' Stocks in Market Chaos

Zell said he’s buying energy stocks and debt as well as land, focusing on existing production rather than drilling.

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FundFocus

'The End Of The Road': Market Heavyweights Michael Burry And Jeff Gundlach Eye Trouble Ahead For Private Credit

The Trust Advisor

Campbell’s Soup Heirs, Colleges Fight Over $65 Million Endowment

Companies

Jamie Dimon Highlights Iran War, Private Credit, And AI-Driven Job Losses As Major US Risks In His Annual Letter

Advisor Technology

Vanguard Launches "Expert Insights," Equipping Advisors With AI-Powered Portfolio Analysis Expertise

Companies

Why JPMorgan Is Warning Tesla Stock May Crash 60%

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