Mon - Fri 8:00 - 6:30

Because everything affects our health, life, and legacy.

Business

Article Image Business

Hopes dim in prediction markets as traders bet government shutdown will drag on for weeks

On HALO

1 week ago

Traders in online prediction markets expect the federal government shutdown to last more than two weeks, signaling waning confidence in a near-term deal as negotiations in Washington remain at a standstill.Traders on the prediction market platform Kalshi give a 64% chance that the government shutdown will last just over 21 days. The trading volume, or the total dollar amount wagered on this market, sits just north of $2.5 million. Meanwhile, 72% of traders on Polymarket expect the shutdown to last at least two weeks, with about $1.5 million wagered on the market.TRUMP SAYS GOVERNMENT SHUTDOWN...

HALO NEWSLETTER

Join HALO today and unlock this story instantly — It's Free

1 week ago
On HALO

Opinion and Comments