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Brexit baffled punters, fund managers to the very endNearly everyone, from London gamblers to US money managers got it wrong. Britain's vote to leave the European Union shocked pundits, investors and politicians alike, underscoring the inherent difficulty of forecasting such rare events. More… |
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Paddy Power punters bet on $200 BrentPaddy Power, Ireland's biggest bookmaker, said it had slashed the odds that a barrel of Brent oil will hit $200 this year to three to one as gamblers bet unrest in the Middle East will drive crude to record highs. Rising More… |
