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

WMEET

W.E.T. Meeting Economics Index 6mo

v1StandingExperimentalStanding
Governed close level
—
no level published
Gauge
69.89
0–100 · rung 6
Divisor
—
what chains this level to the last
Closes
28
latest 2026-09-22
Coverage
31 of 31 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 "meeting" 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.
  • A published axis starts framing this board. No axis frames a majority of it today (polarity frames 1 of 15, severity frames 1 of 15, threshold frames 6 of 15), and that measurement is what put this worldview on a side-symmetric lens; a composition whose sides become readable is a different index and belongs to a successor spec rather than to an edit of this one.
How this reading was constructed (7)
  • universe: resolved by universe/v1 over 9403 candidate canonical event(s) from the `tape-text` source (${m.title ?? ''} ${m.marketRef}), admitting 57. Rejections by reason: keyword-miss 9199, category-not-admitted 51, horizon-outside-window 96.
  • universe: the declared 60–200d horizon window (axis 8) was APPLIED and removed 96 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: 9199 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: 26 of 57 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 15, below-min-volume 7, spread-too-wide 3, price-above-ceiling 1. 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 NO force [undetermined:split], framing 23 of 31 members and holding 0 of them NO. The 23 members the threshold axis frames split 13/10 between `up` and `down` — a 57% majority against a 67% bar is two directions, not one, so no member is flipped on it today. 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).
  • orientation: because the declared `threshold` axis took no force today, every member not named in `sideRules.declaredSides` and not matched by a keyword list is held on the venue's own YES framing. That reads the board's LISTING CONVENTION rather than this index's thesis, and it is the state the spec's own invalidation conditions name — published here rather than left to look like a decision the axis made.
  • 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 d4047442e9b43af4 · methodology c2b4dc8de249d0bf · closed by standing/v1 · lifecycle experimental · class standing

69.89Stale · 5 closes behindElevated & climbing, volatile

As of Sep 22, 2026 · last moved Sep 22, 2026 · scale 0–100 (Low support → High support)

31 economics markets carrying the "meeting" axis across polymarket, kalshi, 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 +27.6% from base while the book's own closed and open positions give +56.2% — a 29-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 print54 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
51.9% of 54
1 day
—
7 day
—
Markets held
54
Settled
1
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 · 54 markets

held since 2026-08-18 · the reading above is computed over today's roster, which differs
MarketNowReturn
  • Will there be no change in Fed interest rates after the October 2026 meeting?polymarket · YES · entry 72c33c−54.5%↗
  • Will there be no change in Fed interest rates after the December 2026 meeting?polymarket · YES · entry 68c27c−60.7%↗
  • Will the Fed increase interest rates by 25 bps after the October 2026 meeting?polymarket · YES · entry 24c67c+183.0%↗
  • Will the Federal Reserve Cut rates by 25bps at their October 2026 meeting?kalshi · NO · entry 95c1.0¢ spread · none/1144.3k within 5¢99c+4.8%↗
  • Will the Fed decrease interest rates by 25 bps after the October 2026 meeting?polymarket · NO · entry 95c0.1¢ spread · 6927.7k/261.4k within 5¢99c+3.8%↗
  • Will the Fed increase interest rates by 25 bps after the December 2026 meeting?polymarket · YES · entry 25c72c+191.8%↗
  • Will the Federal Reserve Cut rates by >25bps at their October 2026 meeting?kalshi · NO · entry 98c99c+1.0%↗
  • Fed Rate Hike by September 2026 Meeting?polymarket · YES · entry 28c8 sessions stale99c+260.0%↗
  • Will there be no change in Fed interest rates after the January 2027 meeting?polymarket · YES · entry 62c56c−8.1%↗
  • Will the Fed decrease interest rates by 25 bps after the December 2026 meeting?polymarket · NO · entry 91c98c+7.4%↗
  • Will the Fed increase interest rates by 25 bps after the January 2027 meeting?polymarket · YES · entry 20c32c+57.5%↗
  • Will the Bank of Mexico Hike 50bps at the November Bank of Mexico Governing Board meeting?kalshi · YES · entry 4c6 sessions stale3c−14.3%↗
  • Will the Federal Reserve Hike rates by 25bps at their October 2026 meeting?kalshi · YES · entry 24c68c+187.2%↗
  • Bank of Japan increases interest rates by 50+ bps after the October 2026 meeting?polymarket · YES · entry 5c1c−71.1%↗
  • Will the Federal Reserve Hike rates by >25bps at their October 2026 meeting?kalshi · YES · entry 2c2c−25.0%↗
  • Will the Fed decrease interest rates by 50+ bps after the January 2027 meeting?polymarket · NO · entry 95c97c+2.4%↗
  • Will the Fed increase interest rates by 50+ bps after the January 2027 meeting?polymarket · YES · entry 2c3c+18.2%↗
  • Will the ECB announce no change at the October 2026 meeting?polymarket · YES · entry 92c75c−18.0%↗
  • Will the Fed decrease interest rates by 25 bps after the January 2027 meeting?polymarket · NO · entry 86c96c+11.7%↗
  • Will the upper bound of the federal funds rate be above 3.25% following the Fed's Dec 9, 2026 meeting?kalshi · YES · entry 98c5 sessions stale98c0.0%↗
  • Will the upper bound of the federal funds rate be above 3.50% following the Fed's Oct 28, 2026 meeting?kalshi · YES · entry 94c5 sessions stale99c+5.9%↗
  • Will the ECB announce a 25 bps increase at the October 2026 meeting?polymarket · YES · entry 9c26c+200.0%↗
  • Will the upper bound of the federal funds rate be above 4.25% following the Fed's Dec 9, 2026 meeting?kalshi · YES · entry 5c5 sessions stale35c+666.7%↗
  • Will the upper bound of the federal funds rate be above 4.00% following the Fed's Oct 28, 2026 meeting?kalshi · YES · entry 8c5 sessions stale57c+666.7%↗
  • Will the Federal Reserve Cut rates by 25bps at their January 2027 meeting?kalshi · NO · entry 92c4.0¢ spread · 53.2k/8.3k within 5¢98c+6.6%↗
  • Will the upper bound of the federal funds rate be above 4.25% following the Fed's Oct 28, 2026 meeting?kalshi · YES · entry 3c6 sessions stale2c−40.0%↗
  • Will the Federal Reserve Hike rates by 0bps at their October 2026 meeting?kalshi · YES · entry 71c32c−55.6%↗
  • Will the Federal Reserve Hike rates by >25bps at their December 2026 meeting?kalshi · YES · entry 2c2c−25.0%↗
  • Will the Federal Reserve Hike rates by 0bps at their December 2026 meeting?kalshi · YES · entry 68c24c−65.2%↗
  • Will the upper bound of the federal funds rate be above 3.00% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 89c5 sessions stale94c+5.1%↗
  • Will the upper bound of the federal funds rate be above 0.00% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 98c5 sessions stale98c+0.5%↗
  • Will the Federal Reserve Hike rates by 25bps at their December 2026 meeting?kalshi · YES · entry 26c71c+176.5%↗
  • No change in Bank of Japan’s interest rates after the October 2026 meeting?polymarket · YES · entry 74c82c+10.9%↗
  • Will the upper bound of the federal funds rate be above 0.50% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 95c5 sessions stale97c+2.1%↗
  • Will the upper bound of the federal funds rate be above 0.25% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 95c5 sessions stale97c+2.6%↗
  • Will the upper bound of the federal funds rate be above 2.25% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 93c5 sessions stale95c+2.7%↗
  • Will the upper bound of the federal funds rate be above 0.75% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 94c5 sessions stale97c+3.2%↗
  • Will the upper bound of the federal funds rate be above 4.50% following the Fed's Dec 9, 2026 meeting?kalshi · YES · entry 3c6 sessions stale3c0.0%↗
  • Will the upper bound of the federal funds rate be above 2.00% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 93c5 sessions stale93c0.0%↗
  • No change in Bank of England’s interest rates after November 2026 meeting?polymarket · YES · entry 86c19c−78.4%↗
  • No change in Bank of Mexico’s interest rates after November 2026 meeting?polymarket · YES · entry 81c70c−13.0%↗
  • Will the upper bound of the federal funds rate be above 3.50% following the Fed's Dec 9, 2026 meeting?kalshi · YES · entry 84c5 sessions stale98c+16.8%↗
  • Will the upper bound of the federal funds rate be above 1.50% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 94c5 sessions stale96c+2.7%↗
  • Will the upper bound of the federal funds rate be above 1.25% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 95c5 sessions stale96c+1.6%↗
  • Bank of Japan increases interest rates by 25 bps after the October 2026 meeting?polymarket · YES · entry 24c19c−21.3%↗
  • Will the upper bound of the federal funds rate be above 3.75% following the Fed's Dec 9, 2026 meeting?kalshi · YES · entry 53c5 sessions stale99c+85.8%↗
  • Will the upper bound of the federal funds rate be above 1.00% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 94c5 sessions stale97c+2.7%↗
  • No change in Reserve Bank of Australia's interest rates at the November 2026 meeting?polymarket · YES · entry 73c72c−2.1%↗
  • Will the upper bound of the federal funds rate be above 1.75% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 93c5 sessions stale95c+2.2%↗
  • Will the upper bound of the federal funds rate be above 2.50% following the Fed's Jan 27, 2027 meeting?kalshi · YES · entry 91c5 sessions stale95c+4.4%↗

Showing the 50 heaviest of 54 constituents by weight. See the full book →

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

Key statistics

Previous
—
Band
Elevated
28d Range
4084
Percentile
50th
8d Change
+7.5
Volatility
7.8 pts/d
Streak
4d up
Markets
31
Effective N
9.1
Top Weight
15%
Venues
8 K · 23 P
Method
v1

Indicative tape · 7 sessions

133 hourly readings since 2026-09-22 · not the governed close
58.060.062.064.066.068.070.072.009-22 00:0009-25 05:0009-28 09:00
Latest
60.07
Since 2026-09-22
−7.63
Range
58.5–70.8
Readings
64+69 refused

INDICATIVEHourly readings that reprice the roster and frozen weights of the last governed close — only prices moved. Each one was computed and recorded at the timestamp it carries; nothing here is reconstructed from venue history. They carry no sentinel screen, enter no ledger and join no checksum chain, and a refused hour breaks the line rather than being drawn through. The daily WET Close is the official value.

Daily close

28d published · interactive

28 published close(s) — 0–100 (Low support → High support). Drag to pan, scroll to zoom. One slot per published close, not one per day: dates on the axis are real, the spacing between them is not. 12 day(s) inside this window published no close and are not drawn at all. For the calendar-true spacing, read the chart below. Drawn as a line, not candles: a daily close carries no open, high or low, and a candle would assert an intraday range nobody observed.

History & 14-day projection

solid = 28d published · dashed = projected · shaded = 80% band
20406080100now69
Projected 14d
68.70
Change
−1.20
80% band
24–100
Confidence
low

Model extrapolation of the published series (robust trend, 28 readings, slope -0.17/day, projection σ 9.4 pts/d widened for a 28-reading sample) — a benchmark projection, not a W.E.T. forecast.

Desk read

W.E.T. analysis — Premium
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The desk's read on today's move

Why the index moved, in the desk's words — not just the arithmetic.

Checking access…

What moved today

attribution — Premium
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Premium

Which markets moved the index, and by how much

Signed contribution per constituent, ranked.

Checking access…

Contribution by category

weight share of today's value
economics100% · 31

Constituents by weight

all 31 · what today's reading was computed over (2026-09-22) · the basket below holds a different set
Show the remaining 11 holdings

Where these markets are covered

2 of 31 constituents have a W.E.T. page

The odds pages covering the individual contracts this index reads. They are the evidence underneath the reading, not readings themselves.

WMEET · at a glance

What it is
31 economics markets carrying the "meeting" axis across polymarket, kalshi, every one resolving inside six months, tracked as one composition.
High vs low
Higher = the markets are more torn — prices across the composition sit closer to a coin flip. Lower = more decided, in EITHER direction: a basket priced at 5% and one priced at 95% both read low. A reading of market prices, not a W.E.T. forecast.
Who cares
Anyone tracking how meeting is being priced across venues on a composition of at least 6 markets resolving inside 200 days.

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“As of Sep 22, 2026, the W.E.T. Meeting Economics Index 6mo (WMEET) prints a WET Index Score of 69.9/100 (Elevated), per World Event Trading.”

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Maintained by Corbin V King. A benchmark reading of market prices — data, not advice. See the disclaimer.