Prediction record

Hiteconomy

There will be no US recession in the 2024 election year

A scored record for Arthur Hayes, made on .

BlogPrimary sourceeconomy

Scored record

Hiteconomy

โ€œI do not foresee a recession in the 2024 election year.โ€

There will be no US recession in the 2024 election year

Made on
2023-12-22
Outcome
Hit
Importance
5 / 5
Contribution
+4.6

Criterion

Resolution status
resolved
Resolved on
2024-12-31

The US does not enter a recession (NBER designation / two consecutive negative real-GDP quarters) during calendar 2024

Both prongs of the written criterion (no NBER designation AND no two consecutive negative real-GDP quarters) are satisfied. Criterion clearly met; outcome value assignment left to scoring stage.

Sources

  • Expression

    Substack ยท

    Source

Outcome evidence

  • BEA: real GDP rose every quarter of 2024 โ€” Q1 +1.3% (2nd est.), Q2 +3.0%, Q3 +3.1%, Q4 +2.4% (annualized), full-year 2024 +2.8%. No two consecutive negative quarters occurred.

    Evidence

  • NBER Business Cycle Dating Committee has announced no business-cycle peak since the expansion began in April 2020; no US recession was designated for 2024.

    Evidence

Corrections

No public corrections.

Score contribution

+4.6
Confidence
80%
Outcome
Hit
Importance
5 / 5
Contribution
+4.6

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

There will be no US recession in the 2024 election year
Methodology version
v1.0.0
Last computed
July 5, 2026
Made on
2023-12-22

How this profile was built

  1. Scored by independent judges

  2. Predictions gathered and sourced

  3. Independently verified against sources

Every public score traces back to sourced prediction records.

Avow is an independent project. The pundits scored here are not affiliated with Avow and do not endorse it. Names and likenesses are used for identification and commentary.

Evidence firstMethodology