Trump's Fed Chair Pick: Market Odds Favor Hassett
Trump's Fed Chair Pick: Market Odds Favor Hassett
馃幉 Fed Chair Musical Chairs
Markets are pricing in potential candidates for the next Federal Reserve Chair appointment under Trump's administration. Current prediction markets show:
- Kevin Hassett leads with 24% probability
- Kevin Warsh follows at 20%
- Scott Bessent stands at 15%
This comes after Jerome Powell's tenure, which faced significant scrutiny during the previous Trump administration. The appointment could signal shifts in monetary policy direction and market dynamics.
Markets will be closely watching this transition for implications on interest rates and economic policy.
Trump is expected to announce a new Fed Chair soon. Top contenders: - Kevin Hassett (24% chance) - Kevin Warsh (20% chance) - Scott Bessent (15% chance)
Multiple Polymarket Predictions Surface Around US-Iran Tensions
Several prediction markets have emerged on Polymarket focusing on escalating US-Iran tensions: - Market opened on potential flight of Iran's Supreme Leader - Previous markets track possibility of US formal war declaration - Related market monitors potential US Baghdad Embassy evacuation These markets reflect growing concerns about regional stability and diplomatic relations between the US and Iran. Prediction markets aggregate crowd wisdom to estimate event probabilities. *Note: Prediction markets are speculative tools and should not be considered definitive indicators of future events.*
Iran Considers Closing Strait of Hormuz as US Nuclear Deal Hopes Fade
Iran is reportedly evaluating the closure of the Strait of Hormuz, with prediction markets indicating a 1 in 3 probability of this occurring. This development comes as the likelihood of a US-Iran nuclear deal continues to decline, now estimated at 37% despite contrary media reports. The Strait of Hormuz is a critical maritime chokepoint for global oil supply, making this potential action significant for international markets and geopolitical stability.
US-Iran Nuclear Deal Chances Drop to 37%
The probability of a successful US-Iran nuclear deal has declined significantly to 37%, contradicting recent media optimism. This follows a turbulent period where: - Deal prospects peaked at 65% in May 2025 - Israel-Iran tensions escalated with 50% chance of Israeli military action - Iran showed increased aggression toward Israel *Market sentiment suggests diplomatic solutions are becoming less likely* as regional tensions continue to rise.
Iran Supreme Leader Health Watch & Recession Odds Update
Market sentiment indicates growing uncertainty regarding Iran's Supreme Leader's situation, with prediction markets reflecting changing odds. Track real-time developments at [Polymarket](https://poly.market/PUNtsAm). Separately, recession probability indicators have risen to 41%, showing increased economic concern. Follow market-based recession forecasts at [Polymarket](https://poly.market/8A9M4G8). These prediction markets aggregate crowd wisdom to estimate event probabilities.
NYC Mayoral Race: Socialist Candidate Closes Gap with Cuomo
In a dramatic shift from May's predictions, the New York City mayoral race has become increasingly competitive. Socialist candidate Zohran Mamdani has gained significant momentum, turning what was considered a near-certain victory for Andrew Cuomo (93% probability in May) into a dead heat. The latest polling data shows the race is now essentially tied, with both candidates hovering around 50% support. This represents a remarkable turnaround in just over two weeks, challenging earlier assumptions about Cuomo's grip on the Democratic nomination. - Mamdani's surge suggests growing support for progressive policies - Previous predictions of Cuomo's nomination now appear premature - Race outcome remains highly uncertain