The Index Desk Report

Wednesday, August 5, 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 elevated14 calm

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

Published at 19.8 (Very low).

The board: 29 of 29 benchmarks live — 3 elevated (≥60), 14 calm (<40).

WET Implied · real-unit readings

  • Fed Path (WIFP): next meeting (Sep 2026) prices +11.8bps expected change (50% hold); cumulative +22bps by Dec 2026.
  • Inflation (WIIN): Jul 2026 CPI YoY implied at 3.34% (80% band 3.2–3.47%, n=21 strikes).

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

What moved

  • WFLA 52.6 (▼6.5) — Fell 6.5 to 52.6 (Moderate), led by Will Iran announce withdrawal from MOU negotiations… (left the basket) −12.6; US x Iran Effective Ceasefire by August 14? (36→18%) −2.5; Israel x Iran ceasefire continues through August 31? (34→22%) −1.7.
  • WDCW 29.4 (▼3.1) — Fell 3.1 to 29.4 (Low), led by Will the Fed increase interest rates by 25 bps afte… (left the basket) −13.6; Will there be no change in Fed interest rates after… (added to the basket) +12.9; Billionaire one-time wealth tax passes in Californi… (added to the basket) +8.0.
  • WCDR 27.6 (▲2.4) — Rose 2.4 to 27.6 (Low), led by Will Super Typhoon Dolphin hit China? (72→90%) +3.6; Will any Category 5 hurricane make landfall in the… (16→11%) −0.7; Will any Category 4 hurricane make landfall in the… (26→25%) −0.5.
  • WGRI 18.0 (▼1.5) — Fell 1.5 to 18.0 (Very low), led by Will the U.S. invade Iran before 2027? (21→17%) −1.0; US-Iran Final Nuclear Deal by December 31, 2026? (added to the basket) +0.2; Will United Russia (ER) gain the most seats in the… (64→68%) +0.1.
  • WAWD 54.6 (▼1.5) — Fell 1.5 to 54.6 (Moderate), led by Will Max Martin attend Taylor Swift's wedding? (left the basket) −4.3; Will Sofia host Eurovision 2027? (left the basket) −1.0; Will Julianne Moore win Best Actress at the 99th Ac… (added to the basket) +0.9.

Projection watch

  • WARI projected 20.5 in 14d (80% band 0–75), trending down.
  • WPTI projected 9.7 in 14d (80% band 0–87), trending down.
  • WCGF projected 3.0 in 14d (80% band 0–100), trending down.

The full board

Ticker Index Score 1d Regime
WGRI Geopolitical Risk 18.0 -1.5 Very low & cooling, volatile
WFPI Fed Path 9.1 Very low & climbing
WEHI Election Heat 50.0 Moderate & cooling, volatile
WARI AI Race 42.0 +0.8 Moderate & cooling, volatile
WRCI Recession Odds 23.0 -0.8 Low & climbing
WCGF Crypto Greed 21.0 +0.5 Low & cooling, volatile
WCDR Climate Risk 27.6 +2.4 Low & cooling, volatile
WCHI Culture Heat 46.1 Moderate & cooling, volatile
WPTI Political Turmoil 28.2 +0.8 Low & cooling, volatile
WCOS Commodity Stress 13.3 +1.2 Very low & cooling, volatile
WSHI Sports Heat 54.5 Moderate & climbing, volatile
WEGF Equity Greed 49.7 -0.8 Moderate & cooling
WMID Midterm Control 54.4 +0.8 Moderate & steady
WELW Election Week 41.1 Moderate & climbing, volatile
WFLA Flashpoint Watch 52.6 -6.5 Moderate & cooling
WDCW Washington Week 29.4 -3.1 Low & cooling
WGEA Global Easing 27.4 -0.5 Low & steady
WINF Inflation Watch 48.6 -0.7 Moderate & steady
WEBI Earnings Beat 68.9 Elevated & cooling
WBTP Bitcoin Path 9.4 +0.7 Very low & steady
WALT Altcoin Heat 29.9 -1.1 Low & cooling
WAWD Awards Race 54.6 -1.5 Moderate & cooling
WSTW Storm Watch 48.3 Moderate & cooling, volatile
WFAV Favorites Combo 64.8 Elevated
WSOC Soccer Heat 62.5 Elevated
WNFL Gridiron Futures 52.9 Moderate & cooling, volatile
WWRI World Risk 19.8 Very low & cooling, volatile
WMSI Macro Stress 16.1 Very low & cooling
WUPR US Political Risk 32.2 Low & cooling, volatile

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