If Biden wins, will the US enter a recession before 2027?
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6.9kṀ4153resolved Jul 22
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If Biden does not win the 2024 US presidential election, resolves N/A.
If Biden does win, resolves Yes if the US enters a recession (according to the Sahm Rule recession indicator) before the start of 2027. Otherwise resolves No.
I will use the Sahm Rule recession indicator as shown here: https://fred.stlouisfed.org/series/SAHMCURRENT
If any datapoint in 2025 or 2026 is 0.5% or greater (i.e. if the 3-month-moving average of unemployment is at least 0.5% above its 12-month low) then a recession is underway, per this rule. (I'll wait until February 2027 in case of revisions, and use the most recent revision at that time.)
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