Readings may not describe today6 scheduled closes did not landWhy →
6 behind

6 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

WMEE3

W.E.T. Meeting Economics Index 2yr

v1StandingExperimentalStanding
Governed close level
—
no level published
Gauge
56.80
0–100 · rung 6
Divisor
—
what chains this level to the last
Closes
28
latest 2026-09-22
Coverage
27 of 27 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 0 of 10, severity frames 0 of 10, threshold frames 10 of 10), 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 (6)
  • universe: resolved by universe/v1 over 9403 candidate canonical event(s) from the `tape-text` source (${m.title ?? ''} ${m.marketRef}), admitting 32. Rejections by reason: keyword-miss 9199, category-not-admitted 51, horizon-outside-window 121.
  • universe: the declared 200–730d horizon window (axis 8) was APPLIED and removed 121 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: 5 of 32 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: below-min-volume 3, spread-too-wide 1, price-below-floor 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 force on the `up` case by rule `member-majority`, framing 27 of 27 members and holding 9 of them NO. 18 of 27 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 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 38da2abe5d5518c6 · methodology 7e4fe1c1777691e9 · closed by standing/v1 · lifecycle experimental · class standing

56.80Stale · 6 closes behindModerate & climbing, volatile

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

27 economics markets carrying the "meeting" axis across kalshi, every one resolving inside two years, tracked as one composition.

Basket level · official print49 held · close 2026-09-28
1284.99+28.50%since inception · base 1000

hypothetical · mid marks · before fees, spread and slippage

Basket performance

hypothetical · mid marks · before fees, spread and slippage
Basket total return
1284.99
Since inception
+28.50%
Cost to cross
—
Holdings marked
81.6% of 49
1 day
+3.58%
7 day
+9.12%
Markets held
49
Settled
0
Rebalanced out
0
Hit rate
—
Cash
38.9%
Inception
2026-08-18
Weighting
Equal notional
Marks
Two-sided mid
Days tracked
34

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 · 49 markets

held since 2026-08-18 · the reading above is computed over today's roster, which differs
MarketNowReturn
  • Will the Federal Reserve Hike rates by 0bps at their July 2027 meeting?kalshi · YES · entry 79c76c−3.8%↗
  • Will the Federal Reserve Hike rates by >25bps at their March 2027 meeting?kalshi · YES · entry 4c1c−71.4%↗
  • Will the Federal Reserve Cut rates by >25bps at their March 2027 meeting?kalshi · NO · entry 97c95c−2.1%↗
  • Will the Federal Reserve Cut rates by 25bps at their March 2027 meeting?kalshi · NO · entry 88c1.0¢ spread · 1.4k/2.1k within 5¢97c+10.9%↗
  • Will the Federal Reserve Hike rates by 0bps at their March 2027 meeting?kalshi · YES · entry 66c24c−63.4%↗
  • Will the Federal Reserve Hike rates by 25bps at their July 2027 meeting?kalshi · YES · entry 4c10c+150.0%↗
  • Will the upper bound of the federal funds rate be above 1.00% following the Fed's Apr 28, 2027 meeting?kalshi · YES · entry 92c94c+2.7%↗
  • Will the Federal Reserve Hike rates by 25bps at their March 2027 meeting?kalshi · YES · entry 10c57c+505.3%↗
  • Will the Federal Reserve Hike rates by 25bps at their April 2027 meeting?kalshi · YES · entry 5c28c+511.1%↗
  • Will the Federal Reserve Cut rates by 25bps at their October 2027 meeting?kalshi · NO · entry 90c81c−10.0%↗
  • Will the Federal Reserve Cut rates by >25bps at their January 2028 meeting?kalshi · NO · entry 97c94c−3.1%↗
  • Will the Federal Reserve Hike rates by >25bps at their December 2027 meeting?kalshi · YES · entry 8c11c+40.0%↗
  • Will the upper bound of the federal funds rate be above 0.25% following the Fed's Apr 28, 2027 meeting?kalshi · YES · entry 91c6 sessions stale91c−0.5%↗
  • Will the upper bound of the federal funds rate be above 4.25% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 7c57c+776.9%↗
  • Will the Federal Reserve Cut rates by >25bps at their April 2027 meeting?kalshi · NO · entry 98c97c−1.0%↗
  • Will the Federal Reserve Hike rates by >25bps at their September 2027 meeting?kalshi · YES · entry 8c22c+193.3%↗
  • Will the Federal Reserve Cut rates by 25bps at their July 2027 meeting?kalshi · NO · entry 94c1.0¢ spread · —/— within 5¢87c−7.4%↗
  • Will the Federal Reserve Cut rates by >25bps at their July 2027 meeting?kalshi · NO · entry 98c99c+1.0%↗
  • Will the Federal Reserve Cut rates by 25bps at their June 2027 meeting?kalshi · NO · entry 93c1.0¢ spread · 729/312 within 5¢81c−13.0%↗
  • Will the upper bound of the federal funds rate be above 0.50% following the Fed's Apr 28, 2027 meeting?kalshi · YES · entry 92c6 sessions stale91c−1.1%↗
  • Will the upper bound of the federal funds rate be above 1.50% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 94c94c+0.5%↗
  • Will the upper bound of the federal funds rate be above 1.75% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 95c94c−1.1%↗
  • Will the upper bound of the federal funds rate be above 1.00% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 96c98c+2.1%↗
  • Will the Federal Reserve Cut rates by >25bps at their December 2027 meeting?kalshi · NO · entry 93c93c+0.5%↗
  • Will the Federal Reserve Hike rates by 0bps at their April 2027 meeting?kalshi · YES · entry 61c61c0.0%↗
  • Will the Federal Reserve Hike rates by 0bps at their October 2027 meeting?kalshi · YES · entry 53c66c+23.6%↗
  • Will the upper bound of the federal funds rate be above 1.25% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 94c95c+0.5%↗
  • Will the upper bound of the federal funds rate be above 2.00% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 94c94c0.0%↗
  • Will the upper bound of the federal funds rate be above 0.50% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 96c95c−1.0%↗
  • Will the Federal Reserve Cut rates by >25bps at their June 2027 meeting?kalshi · NO · entry 94c94c0.0%↗
  • Will the Federal Reserve Cut rates by >25bps at their September 2027 meeting?kalshi · NO · entry 97c84c−13.0%↗
  • Will the upper bound of the federal funds rate be above 0.75% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 96c95c−0.5%↗
  • Will the Federal Reserve Hike rates by 0bps at their June 2027 meeting?kalshi · YES · entry 63c66c+4.8%↗
  • Will the upper bound of the federal funds rate be above 0.00% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 97c96c−0.5%↗
  • Will the upper bound of the federal funds rate be above 0.25% following the Fed's Mar 17, 2027 meeting?kalshi · YES · entry 97c97c0.0%↗
  • Will the Federal Reserve Hike rates by >25bps at their April 2027 meeting?kalshi · YES · entry 14c4c−71.4%↗
  • Will the Federal Reserve Hike rates by >25bps at their July 2027 meeting?kalshi · YES · entry 4c8c+114.3%↗
  • Will the Federal Reserve Hike rates by 25bps at their June 2027 meeting?kalshi · YES · entry 12c24c+95.8%↗
  • Will the Federal Reserve Cut rates by 25bps at their April 2027 meeting?kalshi · NO · entry 88c2.0¢ spread · 1.7k/2.6k within 5¢83c−5.7%↗
  • Will the Federal Reserve Hike rates by >25bps at their June 2027 meeting?kalshi · YES · entry 6c8c+45.5%↗
  • Will the Federal Reserve Hike rates by 0bps at their September 2027 meeting?kalshi · YES · entry 61c63c+4.1%↗
  • Will the Federal Reserve Cut rates by 25bps at their January 2028 meeting?kalshi · NO · entry 95c88c−7.4%↗
  • Will the Federal Reserve Cut rates by >25bps at their October 2027 meeting?kalshi · NO · entry 92c91c−1.1%↗
  • Will the Federal Reserve Hike rates by 0bps at their December 2027 meeting?kalshi · YES · entry 53c65c+23.8%↗
  • Will the Federal Reserve Hike rates by 0bps at their January 2028 meeting?kalshi · YES · entry 56c53c−6.2%↗
  • Will the Federal Reserve Hike rates by 25bps at their December 2027 meeting?kalshi · YES · entry 9c28c+235.3%↗
  • Will the Federal Reserve Cut rates by 25bps at their December 2027 meeting?kalshi · NO · entry 92c76c−17.5%↗
  • Will the Federal Reserve Hike rates by 25bps at their September 2027 meeting?kalshi · YES · entry 10c20c+100.0%↗
  • Will the Federal Reserve Hike rates by >25bps at their January 2028 meeting?kalshi · YES · entry 11c15c+42.9%↗

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

Key statistics

Previous
—
Band
Moderate
23d Range
3457
Percentile
100th
8d Change
+4.7
Volatility
5.4 pts/d
Streak
3d up
Markets
27
Effective N
16.7
Top Weight
15%
Venues
27 K
Method
v1

Daily close

23d published · interactive

23 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. 17 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 = 23d published · dashed = projected · shaded = 80% band
20406080100now60
Projected 14d
59.50
Change
+2.70
80% band
28–92
Confidence
low

Model extrapolation of the published series (robust trend, 23 readings, slope +0.39/day, projection σ 6.7 pts/d widened for a 23-reading sample) — a benchmark projection, not a W.E.T. forecast.

Desk read

W.E.T. analysis — Premium
🔒

Premium

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
🔒

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% · 27

Constituents by weight

all 27 · what today's reading was computed over (2026-09-22) · the basket below holds a different set
Show the remaining 7 holdings

WMEE3 · at a glance

What it is
27 economics markets carrying the "meeting" axis across kalshi, every one resolving inside two years, 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 730 days.

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“As of Sep 22, 2026, the W.E.T. Meeting Economics Index 2yr (WMEE3) prints a WET Index Score of 56.8/100 (Moderate), 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.