Who will win the next presidential election?
Prediction markets currently give a 19% probability that Who will win the next presidential election?. This contract trades at 19¢ on Kalshi, closing November 7, 2029. This market prices J.D.
Analysis
This market prices J.D. Vance's 2029 presidential chances at just 20%, offering an exceptionally high 119.6% implied yield on the Yes side despite over three years until resolution—a significant risk premium reflecting substantial uncertainty and tail risk. The 1¢ spread and $1.4M open interest suggest reasonable liquidity, though the modest $7,349 daily volume indicates limited trading activity for such a high-yield contract. The recent 1¢ price decline and neutral regime score suggest the market is consolidating, though the 4 Cliff Risk Index warrants monitoring for potential sharp moves as the 2029 election cycle intensifies.
Resolution rules
If J.D. Vance is the next person inaugurated as President for the term beginning in 2029, then the market resolves to Yes.
Indicators
Regime
Trade
sf trade KXPRESPERSON-28-JVAN yes 100