Prediction markets will grow to $1 trillion by 2030, Bernstein estimates

Prediction markets will grow to trillion by 2030, Bernstein estimates

Key Points

Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion.
Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, then expanded further in 2025 thanks to sports, crypto and macro/political contracts.
While a regulatory battle is brewing, Bernstein thinks it’s unlikely to deter long-term growth.

Source

Finance

David Einhorn signals caution as his hedge fund Greenlight prioritizes capital protection

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Key Points Greenlight Capital’s David Einhorn warned that investors may be underestimating potential downside risks. “It probably won’t surprise anyone that we are again putting capital preservation at the top of our priorities,” Einhorn said in his latest investor letter. Source

Finance

Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait

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Finance

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