Supposedly, some stock traders are giving more credence to these 'prediction markets' than to either polls or to predictive models along the lines of 538. Given the small size and loose regulation of these markets, this seems dangerous; if you can make traders do stuff in the broader markets by messing with a small poorly regulated market, well, some people will do that.
Supposedly, some stock traders are giving more credence to these 'prediction markets' than to either polls or to predictive models along the lines of 538. Given the small size and loose regulation of these markets, this seems dangerous; if you can make traders do stuff in the broader markets by messing with a small poorly regulated market, well, some people will do that.
I shortened the title a bit, it was 42 characters longer than the title limit.