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What Is the Market Predicting About Inflation?
Markets predicted inflation will get this high and actually beat the bloomburg forcast six out of the seven. Members of congress can still trade stocks, but they cannot trade the calshy contract on whether they are going to band themselves from trading stocks. Can insiders trade? No ah, yes, there are people who are prohibited from trading. Insiders cannot trades. It is nebu of speculatn and like price discovery is a useful function of markets. Rate absells the world what people betting a lot of money think is going to happen about important things.