Renowned economist and Ford School Professor Justin Wolfers has weighed in on the current market turbulence, attributing significant volatility to fears of insider knowledge and recent Federal Reserve decisions. What Happened: Wolfers took to social media platform X, to discuss the recent market volatility. He highlighted the impact of insider knowledge on market shifts, quoting a post by statistician Nate Silver that suggested a possible shift in the vice-presidential odds. Silver’s post included a screenshot showing the probability of Minnesota GovernorTim Walz as the Democratic Vice Preside…
