Macro
US recession called in 2026?
NBER or two negative GDP quarters
73%
No
Dec 31 closeprobability · No
Outcomes
Yes27%No73%
Resolution
Rule. YES if a US recession is dated in 2026 by NBER, or two consecutive negative GDP quarters print.

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Rule. YES if a US recession is dated in 2026 by NBER, or two consecutive negative GDP quarters print.