The Index Desk Report
LATESTWednesday, 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.