Full record

Hitmarkets

The US stock market will undergo a severe correction driven by recession fears

A scored prediction by Arthur Hayes, made on .

BlogQuote from the original sourcemarketseconomy

Scored prediction

Hitmarkets

Bitcoin is screaming that a liquidity crisis is nigh, even though the US stock market indices are still near their all-time highs. I believe the Bitcoin signal, and as such, a severe US stock market correction is on the horizon, driven by recession fears.

The US stock market will undergo a severe correction driven by recession fears

Made on
2025-03-03
Outcome
Hit
Importance
4 / 5
Effect on score
+3.82

What counted as right

Status
resolved
Settled on
2025-04-08

The S&P 500 undergoes a severe correction (≥10–20% decline) amid recession fears within ~12 months

Criterion: S&P 500 severe correction (≥10–20% decline) amid recession fears within ~12 months of 2025-03-03. The April 2025 tariff-driven sell-off delivered a ~17.6% peak-to-trough correction explicitly tied to recession fears, comfortably within the window (deadline 2026-03-03). Criterion met. Outcome value left to scoring stage.

Sources

  • KISS of Death

    Substack ·

    Source

Evidence of what happened

  • In April 2025 the S&P 500 fell ~17.6% below its February 2025 peak — a severe correction well past the ≥10% threshold and near the 20% bear-market line (it briefly touched bear-market territory intraday on April 7, 2025).

    Evidence

  • The decline was explicitly driven by tariff-induced instability and rising recession fears; the S&P lost ~9% in the week of April 4 (worst since March 2020), the drop being one of the largest two-day declines since 1950.

    Evidence

Corrections

No public corrections.

Effect on the score

+3.82
How sure they sounded
85%
Outcome
Hit
Importance
4 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

The US stock market will undergo a severe correction driven…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2025-03-03

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 firstMethodologyPrivacy