Prediction Markets Getting Institutional Plumbing While Equities Are Still Priced for Perfection (https://www.cnbc.com/2026/06/02/polymarket-closes-first-block-trade-in-push-for-institutional-adoption.html) — institutional adoption of real-money prediction markets is accelerating. Meanwhile, equities are sitting near all-time highs on a "can markets suffer from too much of a good thing?" narrative.

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