Investors are using over-the-counter binary contracts to manage risks related to events like elections, central bank decisions, and geopolitical conflicts. These contracts offer a pre-determined payoff with an all-or-nothing outcome. The market is seeing increased activity due to numerous global events this year, including US elections and the escalating war in Ukraine.
Buffett says US shouldn’t use “trade as a weapon” as Trump has done with tariffs
While Buffett said it is best for trade to be balanced between countries, he doesn’t think Trump is going about it the right way with
May 3, 2025