Listerine Royalties, Latinometrics, the Fear of Crashing, and the Prospect of a TikTok Ban

Market Talk, Edition 53, July 3rd 2022

Market Talk is a bi-weekly Sunday issue, where I curate the best things I have consumed during the last two weeks. Every second Sunday I will share the following segments:

• 6x Must-Reads: The 6 readings I found most insightful, with commentary.

• Other Items of Interest: A collection of other readings I found enjoyable.

• Great Listens: Podcasts, interviews, or videos I enjoyed.

• Something Interesting: A palate cleanser to round off the issue.

Kalshi: Event Contracts are Here. Bloomberg Announces a New Market Type

Earlier this month, Bloomberg covered the story of the first CFTC-regulated prediction market, Kalshi. The story recounts the revolutionary journey this company went on to create a new asset class called: Event Contracts. These contracts represent shares of future events. Each share is priced from $0.01 to $0.99 and is either in the “Yes” direction or “No” direction. As an event becomes more likely to happen, the value of the contract appreciates. These events range from economi…