Wall Street Roundup: How Polymarket Is Blurring the Lines Between Investing and Gambling—and Why It's Dangerous

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.4 • 1.4K Ratings

🗓️ 25 July 2025

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s time for Nicole's weekly roundup of the biggest headlines on Wall Street and how they will affect your wallet. First, Nicole unpacks the resurgence of Polymarket, the prediction market platform that’s finding its way back into the U.S. after a run-in with regulators. What does it mean for the future of betting on politics, sports, and —even Vogue? Then, she breaks down the bipartisan GENIUS Act: a new bill that could finally bring clarity—and legitimacy—to stablecoins in the U.S. And in the world of high-end flexing, Nicole digs into the cooling market for luxury watches and what it signals for alternative assets. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.

Transcript

Click on a timestamp to play from that location

0:00.0	If you take only one thing away from today's episode, money rehabbers, let it be this.
0:04.0	In my not so humble opinion, Public is the best brokerage for investing in bonds, stocks,
0:09.2	ETFs, options, and even crypto.
0:11.5	You can try it out for yourself and see why I love it so much at public.com slash money rehab.
0:16.5	Public is legit the only platform I use to buy bonds.
0:19.8	Before Public, I used to buy government bonds the hard way. Slow websites, confusing interfaces, website designs straight out of the early 2000s. Just picture where fun goes to die. That was it. And then I found Public. About five years ago, and I have not looked back. I can now finally buy bonds without wanting to rip my hair out.
0:39.1	Public makes it so easy to buy bonds, whether you're into treasuries or corporate bonds, you can
0:43.6	browse thousands of options right from your phone. But like I said, public isn't just all about
0:48.3	bonds. You can also find stocks and ETFs, and they offer a high-yield cash account with a 4.1% APY, which is higher than the
0:56.4	national average. They even have retirement accounts. You can now open a traditional or Roth IRA,
1:02.5	or both right on public. So your future self, covered. And for a limited time, you can earn a 1%
1:09.6	match on all your IRA deposits, IRA transfers, and 401k rollovers.
1:14.6	If you want an investing experience that's both smart and simple, head to public.com slash money rehab.
1:20.5	One more time, public.com slash money rehab.
1:23.2	This is a paid endorsement for public investing.
1:25.4	Full disclosures and conditions can be found in the podcast description.
1:29.3	I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.
1:34.5	It's time for some money rehab.
1:36.7	All right.
1:37.6	It is time for a roundup of the biggest stories on Wall Street and how they're going to affect you and your wallet.
1:42.2	If you've spent any time watching sports lately, you've definitely seen the ads for
1:45.9	Draft Kings, Fandul, Points Bet.
	...

Transcript will be available on the free plan in 6 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Money News Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Money News Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.