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Prediction markets face midterm accuracy test after misses in Brazil, Serbia, Wisconsin and Israel races, Wall Street Journal reports

  • Prediction markets face midterm accuracy test after misses in Brazil, Serbia, Wisconsin and Israel races, Wall Street Journal reports — The Wall Street Journal says elections in Brazil, Serbia and Wisconsin that polled as high as 90 percent for one candidate were upset by long shots, and Kalshi and Polymarket traders still disagree on the next Israeli prime minister three days after polls closed. It says Polymarket lists some 4,300 political markets heading into Tuesday's midterms. (Wall Street Journal)

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