Readings may not describe today5 scheduled closes did not landWhy →
5 behind

5 scheduled closes did not land — the daily index publish was due at 10:37 UTC on 2026-09-23 and the newest print on file is still 2026-09-22. The reading below is carried forward from that date and does not describe today.

Readings below are the last that settled; none has been carried forward, restated or interpolated to cover the gap. Every row states its own date and wears its own age. How the desk publishes

WINC5

W.E.T. Increases Economics Index 6mo

v1StandingExperimentalStanding
No reading published for 2026-09-22

The §2.6 ladder refused this print at rung 2. A refusal is publishable; a carried-forward level is not — so this index shows nothing today rather than yesterday’s number wearing today’s date.

Governed close level
—
no level published
Gauge
—
Divisor
—
what chains this level to the last
Closes
28
latest 2026-09-22
The opposing reading

increases-economics-inside-six-months-inverse reads — against this index’s —. Same markets, opposite side.

Coverage
2 of 2 admitted markets pricedκ 1.0000 · floor 0.95weights two-sided-depth · cap 15.0%
Withheld by the sentinel

32 input(s) were quarantined by sentinel/v1 before this close and are excluded from the reading above.

What would make this reading wrong
  • The "increases" axis stops appearing in economics titles: the selector then admits fewer than 6 markets and the index prints nothing rather than a level over a roster that no longer states the thesis.
  • Weight coverage falls below the declared floor of 95%, at which point the published state is insufficient_data and no value is printed — never a value carried forward from the last close that had one.
  • The threshold axis stops framing this board. An axis that frames nothing leaves every member on the venue's own YES framing, which reads the board's listing convention rather than the thesis, and a level computed that way is not a reading of this claim.
How this reading was constructed (10)
  • 2 priced constituent(s) against this spec's 6 floor — below it there is no index, there is a market
  • 2 of 2 published weight(s) exceed the declared 0.15 cap — the largest is 0.500000. No valid capped vector exists for this roster, so `cappedWeights` returned one that violates the ceiling: at n = 1 it short-circuits at [1] before its own cap-feasibility test; when cap·n < 1 the equal-weight fallback 1/n is above the cap by definition; and when the members carrying a weighable basis number fewer than 1/cap the fixpoint caps them all, finds no room left to redistribute into, and renormalizes them back above the ceiling. The cap is NOT enforced on this vector and the row says so rather than printing a ceiling it did not apply.
  • the weight vector is degenerate — the 0.15 cap is unreachable with 2 constituents (cap·n = 0.3000 < 1), so the weights are equal, not basis-derived
  • universe: resolved by universe/v1 over 9403 candidate canonical event(s) from the `tape-text` source (${m.title ?? ''} ${m.marketRef}), admitting 4. Rejections by reason: keyword-miss 9388, category-not-admitted 1, horizon-outside-window 10.
  • universe: the declared 60–200d horizon window (axis 8) was APPLIED and removed 10 event(s) that every other selector admitted. A member resolving outside the window this index publishes is not a member of this index's horizon, whatever else it is.
  • universe: 9388 event(s) missed the keyword screen on the `tape-text` source, which carries ${m.title ?? ''} ${m.marketRef} and NOT the venue subtitle, tag or series the nomination pool sees. That count is the UPPER BOUND on what the richer string could have added here; it is published rather than estimated, because the tape cannot supply the text that would settle it.
  • eligibility: 2 of 4 admitted event(s) left the roster on the spec's own declared eligibility (minVolume 250, maxSpread 0.1, price 0.02-0.98) — by reason: price-below-floor 2. An ineligible market is out of the universe; a member the close could not price stays in it and is counted against κ.
  • orientation: the declared `threshold` framing axis (§3.3) was re-read on this tape and took force on the `up` case by rule `member-majority`, framing 2 of 2 members and holding 0 of them NO. 2 of 2 framed members carry the `up` case on the declared threshold axis, so this composition measures up; a member the axis frames the other way moves against that and is held NO. The axis is re-read at every close rather than frozen into a declared side table, so a roster whose contracts resolve and are replaced is oriented by the rule this spec published rather than by one evening's reading of it (cultivation-orientation/v3).
  • no complement is available: the base printed nothing (insufficient_data). The identity needs two numbers, and an absent one is never treated as a zero.
  • no published document file was found for this spec, so the byte comparison had nothing to compare against and only the recompile legs ran. The whitepaper is compiled per request by /methodology/<slug>, which is a publication lag rather than a ledger fault — but the ABSENCE is published here, because an unsupplied optional parameter is invisible on the row and that invisibility is what let this leg go unrun.
Why there are two levels on this page

The governed close level above is divisor-chained: it tracks how the desk’s reading of this perspective has moved since 2026-08-14, and it survives a roster change because the divisor absorbs it. It is not a basket total return.

The basket total return below is a position book: it holds a fixed set of contracts from its own inception and reports what that book did, marks and settlements included. A roster change starts a new book rather than being absorbed.

They share a base of 1,000 and nothing else. Expect them to differ, and read the one that answers your question — the chained level for “where does this perspective stand”, the book for “what would holding it have done”.

spec 0ff9041a66cdc1ee · methodology 0088116137ad5d45 · closed by standing/v1 · lifecycle experimental · class standing · no directional statement permitted from this print

No value publishedfor 2026-09-22§2.6 rung 2

2 priced constituent(s) against this spec's 6 floor — below it there is no index, there is a market

Last published reading: 16.95 on 2026-08-27. It is not carried forward.

6 economics markets carrying the "increases" axis across polymarket, every one resolving inside six months, tracked as one composition.

No level published for this basket

No level published — the replayed series does not reconcile with this book. The replay ends +69.4% from base while the book's own closed and open positions give +111.8% — a 42-point disagreement. This book's units were resized by a rebalance without a new open date, so its day-one sizing is not recoverable from anything on disk and the history cannot be replayed honestly. A refusal is publishable; a wrong level is not.

Basket level · official print6 held · close 2026-09-25
No level publishedbase 1000

hypothetical · mid marks · before fees, spread and slippage

Basket performance

hypothetical · mid marks · before fees, spread and slippage
Basket total return
—
Since inception
—
Cost to cross
—
Holdings marked
100.0% of 6
1 day
—
7 day
—
Markets held
6
Settled
0
Rebalanced out
0
Hit rate
—
Cash
—
Inception
2026-08-18
Weighting
Equal notional
Marks
Two-sided mid
Days tracked
0

Equal notional from each holding’s inception mark, re-marked at the two-sided mid. Percentages only, size-blind — never a cash figure and never a performance claim.

Cost to cross is the weighted half-spread at the touch on the newest mark tape: what entering at the quote rather than the midpoint would have cost. It is the price of the FIRST unit and says nothing about the tenth — the resting size beside each holding is published so a reader can judge whether their own size fits. It is not deducted from any return above.

A published measurement of what these markets did together. Not an account, not directly investable; W.E.T. never handles orders.

Holdings · 6 markets

held since 2026-08-18 · the reading above is computed over today's roster, which differs
MarketNowReturn
  • Reserve Bank of New Zealand increases interest rates by 25 bps at the October 2026 meeting?polymarket · YES · entry 43c56c+32.9%↗
  • Bank of England increases interest rates by 25 bps after November 2026 meeting?polymarket · YES · entry 11c81c+671.4%↗
  • Bank of Japan increases interest rates by 25 bps after the October 2026 meeting?polymarket · YES · entry 24c19c−21.3%↗
  • Bank of Japan increases interest rates by 50+ bps after the October 2026 meeting?polymarket · YES · entry 5c1c−71.1%↗
  • Bank of Mexico increases interest rates by 25 bps after November 2026 meeting?polymarket · YES · entry 6c16c+167.8%↗
  • Reserve Bank of Australia increases interest rates by 25 bps at the November 2026 meeting?polymarket · YES · entry 19c28c+52.2%↗

Full basket ledger — settled outcomes, rebalance history, methodology →

Contribution by category

weight share of the roster the last close weighed
economics100% · 2

Constituents by weight

all 2 · what today's reading was computed over (2026-09-22) · the basket below holds a different set

WINC5 · at a glance

What it is
6 economics markets carrying the "increases" axis across polymarket, every one resolving inside six months, tracked as one composition.
High vs low
Higher = the composition is pricing more support for this thesis. Lower = less. A reading of market prices, not a W.E.T. forecast.
Who cares
Anyone tracking how increases is being priced across venues on a composition of at least 6 markets resolving inside 200 days.

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