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4 months ago

Traders bet Supreme Court won’t back Trump on tariffs, dimming rebate hopes

Traders on the prediction market Kalshi are showing little confidence that Americans will see new stimulus checks, putting the odds of so-called "tariff rebate" payments at just 5% heading into the end of the year.That’s down from about 13.4% earlier this month, reflecting fading expectations for any government payouts tied to tariff revenue. The trading volume, or the total dollar amount wagered on this market, sits a little over $451,000.TRUMP SAYS TARIFF REVENUE TO FUND $2K CHECKS FOR AMERICANS, LOWER NATION’S $38T DEBTKalshi lets users bet real money on everything from politics and economi...