Megan McCarty Carino
speaker
70 appearances
3 recordings
1 series
first heard Apr 2026
last heard 6 Aug
Megan McCarty Carino’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Aug 2026 with 1.
Appearances
SoftBank invested $2 billion, NVIDIA another $5 billion to help expand domestic chip production.
Analyst Jay Goldberg at Seaport Research Partners also points to reports the Trump administration has worked behind the scenes to push big tech companies to partner with Intel.
Right now, what the government wants aligns pretty well with what the market wants.
But that might not be the case forever.
I'm Megan McCarty Carino for Marketplace.
To understand what's going on with prediction markets right now, it helps to have a working knowledge of the 1983 movie Trading Places, which turns on a plot to trade on stolen government information.
There's a lot going on, but basically, Eddie Murphy plays a down-on-his-luck con man and Dan Aykroyd is a hoity-toity commodities broker.
Ackroyd's evil bosses, the Duke brothers, enact a convoluted scheme to make the two trade places as a social experiment.
Then Murphy and Ackroyd team up to get revenge.
They intercept a secret USDA report on the orange crop the Dukes were planning to use to make a killing on orange juice futures.
They feed the Dukes a fake report, and then they use the real secret information to get rich themselves and retire to a tropical paradise.
The setup is pure Hollywood, but the idea that you could get away with a scheme like this was accurate, says Andrew Verstein, a law professor at UCLA.
He says commodities were seen as different from stocks.
They don't have shareholders who would get screwed over by stock price manipulation.
And most people trading in the markets, like farmers with knowledge of their own crops, are insiders to a certain extent.
It wasn't until 2010, with the passage of the Dodd-Frank Act, that trading on material non-public information was actually made illegal in commodities markets.
One provision was even nicknamed the Eddie Murphy rule.
But Verstein says how the law should be applied in the real world is still somewhat unsettled.
And how it should be applied to prediction markets, which, yes, fall under the same regulation as orange juice futures, that's even more unsettled.
Robin Hanson is an economist at George Mason University and part of an intellectual movement that has long promoted prediction markets as powerful forecasting tools.
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