Award-winning writer of @TKerLLC, the newsletter about how the stock market usually goes up. 34k+ subs. Long-term optimist. Short-term cautious optimist.
SCOOP: Kalshi will start requiring users to fill out a form reflecting their employment in order to gain access to select prediction markets in an effort to combat potential insider trading.
Sensitive betting markets related to issues such as company performance and national security, including the war in Iran, are expected to require employment disclosure.
Kalshi won’t verify the employment information provided by users unless the company learns of suspicious activity.
The increasing popularity of prediction markets like Kalshi and Polymarket has compounded pressure on them to address suspicious activity, with lawmakers, regulators and prosecutors raising concerns about insider trading.
Story w/ @kryshur and @ByKLong
https://t.co/bP04vC61t7
If you want an early indication of how wild SpaceX IPO could be…
ProShares issued press release *today* indicating it plans to launch 2x leveraged SpaceX ETF on *same day* as IPO.
Will be other ETF issuers jumping in here as well.
Everyone's calling the SpaceX and OpenAI IPOs the event of a generation — when they're really a trillion-dollar flood the market can't absorb.
I'm not buying. Here's why 👇
On June 9, the #GDPNow model nowcast of real GDP growth in Q2 2026 is 3.3%: https://t.co/T7FoDdgYos. #ATLFedResearch
Download our EconomyNow app or go to our website for the latest GDPNow nowcast: https://t.co/JPMzsC5TNo
“Despite the enthusiasm around AI, the overall picture is divided. More small business owners are struggling with significant and unpredictable hikes in fuel prices, which are more challenging for small businesses to pass on to their customers compared to their larger corporate competitors.”
The release of the May Small Business Economic Trends survey shows reduced optimism in the #smallbiz landscape, with the uncertainty index rising.
Learn more about the economic market by reading the recent report: https://t.co/FEVVlGQwp5