This market asks which scenario will occur by December 31, 2025, regarding President Trump's tariff policies and economic outcomes.
Definitions:
Recession: Two consecutive quarters of negative GDP growth
Removal of tariffs: Tariffs reduced to well below 10% for most countries, effectively ending the trade war
The market will resolve to the option that occurs by the end of 2025. Notice that none of these scenarios have probability equal to zero and their probabilities sum up to one, so the market is complete.
Resolution will be based on official GDP data from the Bureau of Economic Analysis (https://www.bea.gov/data/gdp/gross-domestic-product) and tariff policies as documented by the Office of the United States Trade Representative (https://ustr.gov/).
if there are two full quarters of recession before dec 31 2025, it seems unlikely trump will stick it out with the tariffs.
conversely it's not hard to believe the economy putters along for a little while and doesn't enter recession until 2026 or not at all, and in that situation the tariffs could stay or go
@B this market is complete, so there is no outcome that has probability zero. You can vote NO for the events you mentioned ๐