Market Extra
A growing number of individual investors are gravitating to new products that are blurring the lines between investing and gambling
Published:
Savvas Avramidis is worried about the price of eggs — but not because their increasing cost will make his grocery haul unaffordable. The 35-year-old from Chicago has made a bet on the Kalshi prediction market that the price of eggs will go down.
“Will egg prices go up in Trump’s first month in office?” is one of the “markets” that people are putting money on at Kalshi, and Avramidis is betting $2,443 that the answer will be “no.”