TOTAL VOLUME:
$97.5b
24H VOL:
$262,573,226
24H TRANSACTIONS:
951,878,243
OPEN INTEREST:
$2,187,805,448
831,787
Markets across
15,132
events
MATCHED EVENTS:
964
PLATFORM COVERAGE:
5
Polymarket:
45%
VS.
Kalshi:
55%
Time left: 14d:20h:31m
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This market on Kalshi tracks whether Donald Trump will mention the phrase "Stock Market" during an official Speech to the Nation delivered via live broadcast or press stream. The leading outcome currently stands at 97.0% probability. Resolution will be determined by video evidence of the speech, with official transcripts serving as backup verification if needed. Watch for the scheduled speech delivery date of July 31, 2026, which marks the end of the betting window for this event.
Resolution requires Donald Trump to speak in an official capacity during a live televised or streamed address opened to the press. The exact phrase or word must be used, including plural or possessive forms, though grammatical and tense inflections are not required. Plural nouns within proper nouns and noun phrases are included. Only content from the live broadcast or stream counts; previously aired content, archival footage, and recordings from separate times or events do not qualify. Video is the primary resolution source, with official transcripts used if video consensus cannot be reached. If the event is cancelled or fails to qualify, the "Event does not qualify" market resolves to Yes and all other markets resolve to No. If postponed with announcement by the end of the following calendar day to a date within 14 calendar days, markets remain open.
Prediction market odds reflect real money at stake, creating incentives for accuracy that often differ from traditional analyst forecasts. While political analysts and media commentators rely on historical patterns and expert judgment, this market aggregates the collective expectations of traders who profit or lose based on outcomes. Prediction markets typically incorporate breaking news and shifting sentiment faster than published forecasts update. Comparing the implied probabilities here to analyst predictions can reveal where the crowd sees divergence from expert consensus, offering a complementary perspective on what Trump may emphasize in his speech.
On Kalshi, this market is priced through a continuous order book where buyers and sellers trade contracts representing each possible statement or topic. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Prices range from near zero to near one hundred, reflecting the implied probability traders assign to each outcome. As new information emerges or sentiment shifts, the bid-ask spread tightens or widens, and prices adjust in real time. You can place limit or market orders to enter or exit positions, with your profit or loss determined by the difference between your entry and exit price.
This market resolves around Jul 31, 2026, once Trump's speech has concluded and statements can be verified. The outcome is confirmed by comparing the speech transcript and video against each prediction, with credible public reporting serving as the reference. Outcomes that match verified remarks from the address will be marked correct, while those that do not occur will be marked incorrect. Resolution typically occurs within hours of the event, allowing traders to settle positions and collect winnings or losses based on accuracy.
Major political developments, policy announcements, or breaking news involving Trump can shift trader expectations about his speech content. Media coverage speculating on his likely talking points, recent statements from allies or opponents, and scheduled policy initiatives may influence which outcomes traders favor. Unexpected events or controversies in the news cycle could redirect focus toward certain topics. Additionally, any official hints about the speech's theme or audience will likely trigger repricing. As the speech date approaches, anticipation typically intensifies trading volume and narrows odds around the most probable outcomes.
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