Kalshi Puts 2025 US Government Shutdown Odds at 70% After Trump Remarks
Prediction market Kalshi reports a sharp increase in shutdown odds following President Trump’s statement dismissing potential talks with Democrats.
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Terms & Concepts
- Prediction Market: A market where participants trade contracts whose payoff depends on the outcome of future events, often used to gauge the likelihood of political or economic events.
- Government Shutdown: A closure of non-essential federal government operations due to the failure to pass funding legislation.