Recession Odds Collapse from 70 Percent to 19 Percent, Lowest Ever Recorded on Polymarket

The odds of a U.S. recession have fallen to their lowest level ever recorded on Polymarket, dropping from 70 percent in late April to just 19 percent this week.

The shift follows weeks of economic data indicating continued strength in consumer activity. According to Breitbart Business Digest , “Personal consumption expenditures rose 1.8 percent in the first quarter, beating forecasts for 1.2 percent. Durable goods, services, and nondurables all contributed.” Additionally, rising consumer spending, along with stable inflation and real income gains, pointed to underlying momentum in the economy despite the first-quarter GDP contraction.

Commerce…

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