Beating the Financial Consensus With Prediction Markets
by Brian Wang from NextBigFuture.com on (#74NK2)
Nicole Kagan, Head of Research at Kalshi, with hosts Nick and Sam) sees Kalshi's CFTC-regulated prediction markets as emerging financial instruments that can revolutionize risk hedging across finance, insurance, and beyond. Event contracts (binary Yes/No payouts on real-world outcomes) are tools to financialize uncertainty and turn discrete risks like macroeconomic data releases, policy changes, cultural ...