If Trump wins, will the US enter a recession [WARNING: as measured by Sahm rule] before 2027?
If Trump wins, will the US enter a recession [WARNING: as measured by Sahm rule] before 2027?
180
7kṀ67k
2027
64%
chance

If Trump does not win the 2024 US presidential election, resolves N/A.

If Trump 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. (For a "no" resolution, I'll wait until February 2027 in case of revisions, and use the most recent revision at that time.)

Sweeps update: We may close this market temporarily around election day to prevent manipulation.

Compare:

Get
Ṁ1,000
to start trading!


Sort by:
1mo

The sweepstakes market for this question has been resolved to partial as we are shutting down sweepstakes. Please read the full announcement here. The mana market will continue as usual.

Only markets closing before March 3rd will be left open for trading and will be resolved as usual.

Users will be able to cashout or donate their entire sweepcash balance, regardless of whether it has been won in a sweepstakes or not, by March 28th (for amounts above our minimum threshold of $25).

bought Ṁ100 YES2mo

under the assumption Trump goes ahead with the 25% tariff on canadian imports, blindly an without remorse, as he's stated both canada and the US will likely be put into a recession. especially going from the current economic climate in both countries

2mo

What's the justification for resolving based on sahm rule, instead of actual fed recession declaration?

2mo

@asdfasdfEc6l The Sahm rule is closer to real-time, whereas IMU the fed declaration doesn't get officialized until many months (even years) afterward.

bought Ṁ1,000 YES6mo

What is the argument for "no" here? Surely either 10% tariffs or mass deportations would have a high (3/4?) chance of leading to this, and these seem like the plans Trump is most committed too. Is there an assumption that someone will stop him?

4mo

@ColinAitkena211 the argument I hear about this is that Trump is all talk and won't actually do these things

bought Ṁ25 NO4mo

@ColinAitkena211 An argument is that one president, regardless of macro-economic competency, is too small to send the world's biggest economy into a recession.

7mo

Note that, as mentioned in the description, I'll resolve this by looking at datapoints in 2025 and 2026. So the fact that the indicator is currently triggered does not guarantee anything.

What is this?

What is Manifold?
Manifold is the world's largest social prediction market.
Get accurate real-time odds on politics, tech, sports, and more.
Or create your own play-money betting market on any question you care about.
Are our predictions accurate?
Yes! Manifold is very well calibrated, with forecasts on average within 4 percentage points of the true probability. Our probabilities are created by users buying and selling shares of a market.
In the 2022 US midterm elections, we outperformed all other prediction market platforms and were in line with FiveThirtyEight’s performance. Many people who don't like betting still use Manifold to get reliable news.
ṀWhy use play money?
Mana (Ṁ) is the play-money currency used to bet on Manifold. It cannot be converted to cash. All users start with Ṁ1,000 for free.
Play money means it's much easier for anyone anywhere in the world to get started and try out forecasting without any risk. It also means there's more freedom to create and bet on any type of question.
© Manifold Markets, Inc.Terms + Mana-only TermsPrivacyRules