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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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TAMPs

Buckingham: Staying the Course During a Presidential Election Year

Even though market volatility tends to increase around elections, the markets have generally delivered positive returns on average in election years.

TAMPs

SMArtX Advisory Solutions Releases Long Term Outlook

The report focuses on the key risk factors confronted in financial markets, with an expectation that over the next 10 years the compensation for taking on credit risk will narrowly outpace that which is achieved by taking on equity risk.

TAMPs

AssetMark Completes Acquisition by GTCR, Launching New Era of Strategic Growth and Expansion

The closing of the acquisition marks a significant milestone in AssetMark's journey and concludes a successful, multiyear partnership with Huatai Securities. With the completion of the go-private transaction, AssetMark will now operate as an independent, privately owned company.

TAMPs

Dynamic: Top 3 Reasons to Stay Diversified

As volatility and uncertainty heat up, investors may experience fear. Fear and investing don’t mix well as it may lead to bad investment decisions. But there are solutions to help alleviate that fear.

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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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