Kalshi

How accurate are Kalshi interest rate markets at predicting the Fed?

On Kalshi, traders can buy and sell event contracts on where the Federal Reserve sets interest rates, but how accurate are these markets in predicting interest rates one month before the Fed is scheduled to meet? The Federal Reserve promotes national economic goals through several tools at its disposal, one of them being the “federal […]

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Top Kalshi Markets

For Kalshi’s one-year anniversary, we’re taking a quick look at the top five markets by dollar volume.   Kalshi traders buy and sell binary option contracts: an event either happens or does not happen (Yes or No).  A correct prediction receives $1/share, and a wrong prediction receives $0/share.  The share prices can indicate what traders believe

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Kalshi, PredictIt (faintly) see a new Supreme Court Justice in 2022

With it looking increasingly likely that Republicans will control the Senate after the 2022 midterm elections, Democrats are stepping up pressure on Justice Stephen Breyer to retire while their party retains a slim majority (51-50) in the U.S. Senate. As of January 13th, both PredictIt (Yes: $0.56) and Kalshi (Yes: $0.52) traders think it’s slightly

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Kalshi v. PredictIt on U.S. Debt Ceiling

As Congress considers raising the Debt Ceiling yet again, Kalshi and PredictIt traders have different takes on whether (or rather when) Congress will take action this week. While their respective binary contracts operate similarly, the platforms themselves differ a great deal: PredictIt is a prediction market.  There are limits to both market size and amount

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