The Prediction Market Bubble Is About to Lose Its Edge

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Good morning!

Gen Z is hooked on betting markets. My take is that it can’t last much longer. 

A lousy job market has hurt younger workers more than older ones and inflation has outpaced wage growth for far too long, so naturally Gen Z has been lured to the comfort of betting markets, and the financial innovation powering prediction markets couldn’t have come at a better time. You can now place a bet on everything from the top couple on Love Island to the p...

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