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John Lothian: Week in Review (August 31st – September 4th, 2026)

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The Weekend Update
JLN PRESS ROOM PICK OF THE WEEK
Kalshi goes after the big traders on CME and Cboe’s home turf
Kalshi goes after the big traders on CME and Cboe’s home turf

Online prediction market operator Kalshi made its name over the last five years catering to individual investors who wanted to make trades based on World Series winners, interest rate changes or election results.

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JLN PRESS ROOM PAGE OF THE WEEK
Nodal Exchange
Nodal Exchange
Nodal Exchange and Compute Desk on Thursday announced plans to launch a new suite of futures contracts on computing power for artificial intelligence chips, joining an already crowded field.

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FROM JOHN LOTHIAN NEWS
Two Aussies Walk Into Chicago and Bet the Farm on the Hat Trick
Two Aussies Walk Into Chicago and Bet the Farm on the Hat Trick

On a hazy afternoon in a South Loop conference room, a group of Rhodes19 sailboats on Lake Michigan drifted past the windows like ticks on a slow market tape. Inside, seated side by side, were two Australians interviewed on video by John Lothian News, with the patience of men who have done this a hundred times, about why a hat trick should have a price.

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When the State Becomes the Sheriff
When the State Becomes the Sheriff

I want to talk about takings. Expropriation or theft by the state.

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