DAILYCALLER (Anthony Iafrate) - Traders Made Hundreds Of Millions In Suspiciously Timed Iran Bets
'Somebody just got a lot richer'
'Somebody just got a lot richer'
Prediction markets for reality shows suggest bettors are profiting from inside information. (We asked a tribal council of lawyers to weigh in.)
Traders on prediction markets bet on nearly anything. One made more than half a million dollars betting on the U.S. strike against Iran. But should people wager on human suffering?
State of the Union: The surge contrasted with high housing and credit costs. The post Dow Hits Record High 50,000 appeared first on The American Conservative .
On Friday, the Dow Jones Industrial Average reached 50,000 points for the first time in history, closing at 50,115.67. President Donald Trump hailed the milestone in a post on Truth Social, presenting it as evidence that his economic agenda is working. [BLOCK]The “Experts” said that if I hit 50,000 on the Dow by the end of my Term, I would have done a great job, but I hit 50,000 today, three years ahead of schedule — Remember that for the Midterms, because the Democrats will CRASH the Economy![/BLOCK] Meanwhile, the S&P 500 and the Nasdaq each rose around 2 percent The Dow’s record close followed an otherwise volatile week in which parts of the technology sector sharply sold off. The market rally comes amid signs that Americans…Open