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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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Model Portfolios + Strategists

TAMPS Triumphed, Now BlackRock, Invesco And Others Are Rushing For A Spot On The Strategy Shelf

The ones you pick out for your clients depends on your expertise and what's available. If your partner doesn't have the "killer app," you move.

TAMPs

Envestnet Joins Forces With Carson Group To Leverage MoneyGuide

Advisors in Carson Group's ecosystem will soon have access to Envestnet | MoneyGuide's full suite of personal planning solutions.

TAMPs

Orion: Are Your Clients Really Invested In The Future?

Sometimes investing in Big Tech feels like going back in time to get in on the ground floor, early in the trillion-dollar titans' trajectory.

TAMPs

Dynamic: Top 3 Investor Concerns: Taxes, Inflation and Crypto

We can't control the market's fear factors but we can make sure our clients know what's really going on behind Wall Street's biggest walls of worry.

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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

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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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