Polymarket: Sun to rise tomorrow, 87% certainty; crypto jumps
The financial world collectively exhaled this week, as the esteemed prognosticators at Polymarket delivered a revelation: events with a high statistical likelihood might, in fact, occur. Their groundbreaking assessment, indicating an 87% probability of a US Federal Reserve interest rate cut by December, sent ripples of… well, *something*… through various sectors.
Notably, companies whose operations orbit the mercurial movements of digital assets – the very firms often lauded for their disruptive foresight – reportedly experienced a surge. One might surmise that confirming an 87% chance of a seemingly anticipated event is, for some, akin to discovering the sun will rise tomorrow. The sheer exuberance displayed by these self-proclaimed innovators of finance, all celebrating a prediction market’s affirmation of what most economists already vaguely intuited, truly underscores the cutting-edge rationality of contemporary investment strategies. Perhaps a 90% certainty would warrant a full-blown parade for cryptocurrency enthusiasts.
Tool
Staff Writer
