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SCOTUS strikes down Trump's Birthright Citizenship EO?

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Bulls Say, Bears Say

Bulls Say

Chief Justice Roberts and Justice Amy Coney Barrett both expressed skepticism at oral arguments, making a 5-4 strike-down near certain

Odds surged from 75% to 95% on April 1 after oral arguments revealed only conservative justices Trump needed are skeptical

1898 Wong Kim Ark precedent and the 14th Amendment text create overwhelming constitutional barrier against the EO

Bears Say

Decision is not yet issued: market at 92% still implies 8% probability of surprise ruling upholding the EO

Government's argument about "subject to the jurisdiction thereof" has never been definitively tested in modern court

Near-zero 24h volume ($13) means limited new information is being priced in between oral arguments and final ruling