Polymarket Bets Crater: U.S. Recession Odds Nosedive to 22% as Trade War Thaws
Wall Street's favorite crystal ball just got sunnier—and the suits aren't sure whether to cheer or short it.
Polymarket traders slashed recession bets by nearly two-thirds as China-U.S. tensions showed signs of cooling. The prediction platform now prices America's economic doom at just 22%—down from panic-peak levels earlier this year.
Trade détente or temporary truce?
While DC and Beijing exchange rare pleasantries over tariffs, crypto degens are making bank on the volatility. Because nothing says 'economic recovery' like gambling on catastrophe bonds with your stimulus check.
