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Laws prohibiting insider trading in commodities markets — which could be applied to prediction market platforms like Kalshi and Polymarket — are more recent and untested than you might think. In this episode, we dig into two conflicting viewpoints: prediction markets as forecasting tools and prediction markets as regulated betting platforms. Plus: Durable goods orders continue a downward trend, the air travel industry weighs the role of small airports, and consumer inflation expectations rise.

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