Prediction record

Hitmarkets

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

A scored record for Arthur Hayes, made on .

BlogPrimary sourcemarketseconomy

Scored record

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
Contribution
+3.82

Criterion

Resolution status
resolved
Resolved 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

Outcome evidence

  • 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.

Score contribution

+3.82
Confidence
85%
Outcome
Hit
Importance
4 / 5
Contribution
+3.82

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

Provenance

The US stock market will undergo a severe correction driven…
Methodology version
v1.0.0
Last computed
July 5, 2026
Made on
2025-03-03

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Evidence firstMethodology