On the one hand, it might actually be very useful to show expectations of global events.
On the other, traders tend to know an awful lot about American markets and commodities (and their sources), but why should we expect their knowledge of terrorism to be good enough to reflect real events. Also, I'm not sure it's a good idea to add a financial incentive to terrorist events happening. "I'll have $200 on Bush being assassinated please".
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On the other, traders tend to know an awful lot about American markets and commodities (and their sources), but why should we expect their knowledge of terrorism to be good enough to reflect real events. Also, I'm not sure it's a good idea to add a financial incentive to terrorist events happening. "I'll have $200 on Bush being assassinated please".
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Beeb?
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