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BREAKING: Prediction market odds of a recession hitting in 2025 have fallen to a new low of 27%.

Since November 1st, odds of a recession beginning in 2025 have HALVED, from 54% to 27%, according to @Kalshi.

Meanwhile, GDP growth estimates are rising with ~3% GDP growth expected in Q4 2024.

As inflation rebounds and the Fed cuts rates, markets are pricing-in a lower probability of a recession.

Are rate hikes coming back?
(@TheKobeissiLetter)



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BREAKING: Prediction market odds of a recession hitting in 2025 have fallen to a new low of 27%.

Since November 1st, odds of a recession beginning in 2025 have HALVED, from 54% to 27%, according to @Kalshi.

Meanwhile, GDP growth estimates are rising with ~3% GDP growth expected in Q4 2024.

As inflation rebounds and the Fed cuts rates, markets are pricing-in a lower probability of a recession.

Are rate hikes coming back?
(@TheKobeissiLetter)

BY The Kobeissi Letter




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"We as Ukrainians believe that the truth is on our side, whether it's truth that you're proclaiming about the war and everything else, why would you want to hide it?," he said. Either way, Durov says that he withdrew his resignation but that he was ousted from his company anyway. Subsequently, control of the company was reportedly handed to oligarchs Alisher Usmanov and Igor Sechin, both allegedly close associates of Russian leader Vladimir Putin. "For Telegram, accountability has always been a problem, which is why it was so popular even before the full-scale war with far-right extremists and terrorists from all over the world," she told AFP from her safe house outside the Ukrainian capital. The picture was mixed overseas. Hong Kong’s Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurt’s DAX surged 1.4%. The message was not authentic, with the real Zelenskiy soon denying the claim on his official Telegram channel, but the incident highlighted a major problem: disinformation quickly spreads unchecked on the encrypted app.
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