Bettors on prediction-market startup Kalshi are assessing the chances of the U.S. economy entering a recession this year at 70%. Before President Trump roiled markets with his tariff announcement last week,

A surge in bettors are predicting a recession in the U.S. this year, with odds rising to at least 62% on Monday as the Trump administration doubled down on its sweeping tariff policies that have sent markets reeling.