Robust US economic data and consensus forecasts underpin the 97% market-implied probability that real GDP growth for 2026 will remain positive. Official projections from the Federal Reserve and private analysts center on 2.3% annual growth, supported by resilient consumer spending, strong AI-driven business fixed investment, and a labor market near full employment, with Q2 2026 GDP expanding at a 2.2% annualized rate and Q3 nowcasts near 2.8%. This pricing aggregates trader capital at risk, reflecting the low base rate of outright contraction amid current momentum. Tail risks that could still shift outcomes include a sharp escalation in energy prices, abrupt monetary tightening, or a major external shock capable of tipping quarterly readings negative before year-end.