The Index Desk Report

Saturday, August 1, 2026

The desk's daily brief — every WET Index Score, what moved it, and the projection watch. Composed arithmetically from the audited daily prints; published every morning. Subscribe via RSS.

Headline · WWRI

W.E.T. World Risk Index

19.8Very low
29 / 29 live3 elevated15 calm

W.E.T. World Risk Index (WWRI) prints a WET Index Score of 19.8 (Very low), flat.

Constituents rebalanced; the basket changed too much to chain, so the series is rebased at 19.8 and price moves resume tomorrow. Not a market move.

The board: 29 of 29 benchmarks live — 3 elevated (≥60), 15 calm (<40).

WET Implied · real-unit readings

  • Fed Path (WIFP): next meeting (Sep 2026) prices +14.2bps expected change (40% hold); cumulative +26.9bps by Dec 2026.
  • Inflation (WIIN): Jul 2026 CPI YoY implied at 3.33% (80% band 3.17–3.48%, n=21 strikes).

Vig-stripped, isotonic-repaired readings of Kalshi contract ladders — numbers with units, not sentiment gauges.

What moved

  • WSOC 60.9 (▼9.1) — Fell 9.1 to 60.9 (Elevated), led by New York Y vs Chicago C Winner? — Chicago C (left the basket) −5.5; Texas vs Houston Winner? — Texas (left the basket) −4.7; Philadelphia vs Baltimore Winner? — Philadelphia (62→61%) +3.5.
  • WNFL 60.1 (▲7.9) — Rose 7.9 to 60.1 (Elevated), led by Floyd Mayweather Jr. vs Manny Pacquiao Winner? — Fl… (added to the basket) +13.8; Will Cameron Young win the Rocket Classic? — Camero… (left the basket) −6.2; Will Max Martin attend Taylor Swift's wedding? +0.2.
  • WFLA 58.9 (▼1.7) — Fell 1.7 to 58.9 (Moderate), led by Will Iran announce withdrawal from MOU negotiations… (92→91%) −0.1.
  • WFAV 54.4 (▼0.7) — Fell 0.7 to 54.4 (Moderate), led by Pittsburgh vs Cincinnati Winner? — Pittsburgh (83→79%) −0.4; Philadelphia vs Baltimore Winner? — Philadelphia (62→61%) −0.1; New York Y vs Chicago C Winner? — Chicago C (71→72%) +0.1.
  • WMID 54.2 (▲0.5) — Rose 0.5 to 54.2 (Moderate).

Projection watch

  • WCGF projected 0.0 in 14d (80% band 0–100), trending down.
  • WARI projected 26.8 in 14d (80% band 0–97), trending down.
  • WCOS projected 0.0 in 14d (80% band 0–100), trending down.

The full board

Ticker Index Score 1d Regime
WGRI Geopolitical Risk 19.3 — Very low & cooling, volatile
WFPI Fed Path 6.5 — Very low & climbing
WEHI Election Heat 49.9 — Moderate & cooling, volatile
WARI AI Race 41.2 — Moderate & cooling, volatile
WRCI Recession Odds 23.8 — Low
WCGF Crypto Greed 22.0 — Low & cooling, volatile
WCDR Climate Risk 24.6 — Low & cooling, volatile
WCHI Culture Heat 45.9 — Moderate & climbing, volatile
WPTI Political Turmoil 27.5 — Low & cooling, volatile
WCOS Commodity Stress 12.1 — Very low & cooling, volatile
WSHI Sports Heat 55.2 — Moderate & cooling, volatile
WEGF Equity Greed 51.2 — Moderate
WMID Midterm Control 54.2 +0.5 Moderate
WELW Election Week 34.7 +0.5 Low
WFLA Flashpoint Watch 58.9 -1.7 Moderate
WDCW Washington Week 32.6 — Low
WGEA Global Easing 27.2 — Low
WINF Inflation Watch 49.1 — Moderate
WEBI Earnings Beat 78.1 — Elevated
WBTP Bitcoin Path 8.8 — Very low
WALT Altcoin Heat 32.3 — Low
WAWD Awards Race 55.8 — Moderate
WSTW Storm Watch 58.7 — Moderate
WFAV Favorites Combo 54.4 -0.7 Moderate
WSOC Soccer Heat 60.9 -9.1 Elevated
WNFL Gridiron Futures 60.1 +7.9 Elevated
WWRI World Risk 19.8 — Very low & cooling, volatile
WMSI Macro Stress 15.4 — Very low
WUPR US Political Risk 32.2 — Low

Benchmark readings of prediction-market prices — data, not advice. Every method is published.