What are the odds of "Will there be a recession in 2027?"?

The live Kalshi market currently prices this at 19%, meaning traders collectively imply about a 19% chance of YES. Prices move continuously as new information arrives.

Where does this number come from?

It's the live price of the Kalshi event contract, which trades between 1 and 99 cents. A price of 60 cents implies a 60% chance. ContractTax reads the public market price and adds price history and context.

Live odds / Other

Will there be a recession in 2027?

Yes

19%

implied chance of YES▼ 2 today

Recorded price path

This is a live Kalshi event contract. The price, 19 cents, is the market’s implied probability of YES. Whether that number is well-calibrated is its own question: our Truth Machine measures how often markets at each price level actually settle YES. Confirm live prices on Kalshi before trading.

Priced about right

KALSHI CHARGES

20¢

MARKETS LIKE THIS SETTLED AT

18¢

Contracts like this one have settled YES 17.9% of the time against a 20c price, which is close enough to fair that the 2c fee eats whatever is left. Based on 252 settled other markets in the 20-29c band, priced about a day before their events.

This is what this kind of contract has been worth, not a forecast for this one: a band average does not know what is happening in the news. See the Fair Value Board for every market scored this way, or the other curve it came from.

What history says about this price

Across our settled record, markets priced near 10–19¢ have gone on to settle YES 15% of the time (n=2,532). The price implies 19%, so historically this band has come in about 4 points lower than the sticker. That is history, not a forecast for this specific market. See the Truth Machine for the full curve.

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Odds reflect the live Kalshi market and move continuously. Educational only, not financial advice. Not affiliated with Kalshi.