The Index Desk Report
LATESTTuesday, September 22, 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
24.1Low
75 / 145 live25 elevated28 calm
W.E.T. World Risk Index (WWRI) prints a WET Index Score of 24.1 (Low), up 0.3.
Rose 2.1 to 24.1 (Low), led by climate-risk (15% leg) (29→31%) +0.3 repricing.
The board: 75 of 145 benchmarks live — 25 elevated (≥60), 28 calm (<40).
WET Implied · real-unit readings
- Fed Path (WIFP): next meeting (Oct 2026) prices +12.8bps expected change (47% hold); cumulative +54.8bps by Dec 2026.
- Inflation (WIIN): Sep 2026 CPI YoY implied at 3.58% (80% band 3.44–3.73%, n=21 strikes).
Overround-normalized, isotonic-repaired readings of Kalshi contract ladders — numbers with units, not sentiment gauges.
What moved
- WRATE 42.8 (▼20.3) — Rate — Economics, inside six months, down 20.3 on the day.
- WRAT2 57.2 (▲20.3) — Inverse Rate — Economics, inside six months, up 20.3 on the day.
- WFEDE 54.0 (▲19.7) — Federal — Economics, inside six months, up 19.7 on the day.
- WREP2 58.0 (▼15.8) — Republican — Elections, inside two years, down 15.8 on the day.
- WSENA 68.6 (▼14.4) — Senate — Elections, inside six months, down 14.4 on the day.
Projection watch
- WINCR projected 42.0 in 14d (80% band 19–65), trending up.
- WINC2 projected 58.0 in 14d (80% band 35–81), trending down.
- WINT2 projected 86.1 in 14d (80% band 67–100), trending up.
The full board
| Ticker | Index | Score | 1d | As of | Regime |
|---|---|---|---|---|---|
| WGRI | Geopolitical Risk | 25.8 | 0.0 | 2026-09-22 | Low & climbing, volatile |
| WFPI | Fed Path | 2.5 | — | 2026-09-22 | Very low & cooling |
| WEHI | Election Heat | 42.1 | 0.0 | 2026-09-22 | Moderate & cooling, volatile |
| WARI | AI Race | 52.9 | +0.3 | 2026-09-22 | Moderate & climbing, volatile |
| WRCI | Recession Odds | 23.7 | 0.0 | 2026-09-22 | Low & steady |
| WCGF | Crypto Greed | 38.8 | +1.7 | 2026-09-22 | Low & steady, volatile |
| WCDR | Climate Risk | 30.9 | +1.9 | 2026-09-22 | Low & climbing, volatile |
| WCHI | Culture Heat | 43.1 | 0.0 | 2026-09-22 | Moderate & steady, volatile |
| WPTI | Political Turmoil | 24.0 | -0.8 | 2026-09-22 | Low & cooling, volatile |
| WCOS | Commodity Stress | 16.0 | 0.0 | 2026-09-22 | Very low & cooling, volatile |
| WSHI | Sports Heat | 65.9 | — | 2026-09-13 | Elevated & cooling, volatile |
| WEGF | Equity Greed | 62.2 | +0.9 | 2026-09-22 | Elevated & climbing |
| WMID | Midterm Control | 48.6 | — | 2026-09-22 | Moderate & climbing, volatile |
| WELW | Election Week | 29.7 | — | 2026-08-25 | Low & cooling, volatile |
| WFLA | Flashpoint Watch | 33.3 | 0.0 | 2026-09-22 | Low & steady |
| WDCW | Washington Week | 19.8 | 0.0 | 2026-09-22 | Very low & cooling |
| WGEA | Global Easing | 26.4 | 0.0 | 2026-09-22 | Low & steady |
| WINF | Inflation Watch | 69.6 | -3.1 | 2026-09-22 | Elevated & climbing |
| WEBI | Earnings Beat | 72.4 | — | 2026-09-22 | Elevated & climbing |
| WBTP | Bitcoin Path | 23.1 | +0.5 | 2026-09-22 | Low & climbing |
| WALT | Altcoin Heat | 28.4 | -0.2 | 2026-09-22 | Low & steady |
| WAWD | Awards Race | 41.4 | +0.1 | 2026-09-22 | Moderate & cooling |
| WSTW | Storm Watch | 27.1 | — | 2026-09-07 | Low & cooling, volatile |
| WFAV | Favorites Combo | 60.0 | — | 2026-09-13 | Elevated & cooling, volatile |
| WSOC | Soccer Heat | 97.0 | — | 2026-09-08 | Very high & climbing, volatile |
| WNFL | Gridiron Futures | 64.5 | +1.9 | 2026-09-22 | Elevated & climbing |
| WWRI | World Risk | 24.1 | +0.3 | 2026-09-22 | Low & climbing, volatile |
| WMSI | Macro Stress | 15.7 | — | 2026-09-22 | Very low & cooling |
| WUPR | US Political Risk | 29.9 | -0.3 | 2026-09-22 | Low & steady |
| WACHI | Achieved — Tech Science, inside six months | 22.5 | +3.3 | 2026-09-21 | Low & cooling |
| WACH2 | Inverse Achieved — Tech Science, inside six months | 77.5 | -3.3 | 2026-09-21 | Elevated & climbing |
| WALBU | Album — Culture, inside six months | 61.5 | -2.9 | 2026-09-21 | Elevated & cooling, volatile |
| WANTH | Anthropic — Financials, inside six months | 48.8 | +3.2 | 2026-09-21 | Moderate & climbing, volatile |
| WARTI | Artist — Culture, inside six months | 60.2 | +1.7 | 2026-09-21 | Elevated & climbing, volatile |
| WBANK | Bank — Economics, inside six months | 85.9 | +3.7 | 2026-09-21 | Very high & climbing, volatile |
| WCAPT | Capture — Politics, inside six months | 39.5 | +2.1 | 2026-09-21 | Low & cooling, volatile |
| WCODE | Code Arena — Tech Science, inside two months | 48.0 | -14.2 | 2026-09-21 | Moderate & cooling, volatile |
| WCOUN | Country — Politics, inside six months | 41.3 | +1.2 | 2026-09-21 | Moderate & climbing |
| WDEMO | Democratic — Elections, inside two years | 36.0 | -4.8 | 2026-09-21 | Low & cooling, volatile |
| WELEC | Election — Politics, inside six months | 55.5 | +7.8 | 2026-09-21 | Moderate & climbing, volatile |
| WFEDE | Federal — Economics, inside six months | 54.0 | +19.7 | 2026-09-21 | Moderate & climbing, volatile |
| WGOOG | Google — Tech Science, inside six months | 55.2 | -3.6 | 2026-09-21 | Moderate & cooling, volatile |
| WHIGH | Higher — Tech Science, inside six months | 27.5 | +3.5 | 2026-09-21 | Low & cooling, volatile |
| WHIG2 | Inverse Higher — Tech Science, inside six months | 72.5 | -3.5 | 2026-09-21 | Elevated & climbing, volatile |
| WHIKE | Hike — Economics, inside six months | 45.9 | +2.8 | 2026-09-21 | Moderate & climbing, volatile |
| WHIK2 | Inverse Hike — Economics, inside six months | 54.1 | -2.8 | 2026-09-21 | Moderate & cooling, volatile |
| WHOUS | House — Elections, inside two years | 55.6 | -7.3 | 2026-09-21 | Moderate & climbing, volatile |
| WINCR | Increase — Economics, inside six months | 37.1 | -3.4 | 2026-09-21 | Low & steady, volatile |
| WINC2 | Inverse Increase — Economics, inside six months | 62.9 | +3.4 | 2026-09-21 | Elevated & steady, volatile |
| WINC3 | Increase — Economics, inside two months | 26.9 | -5.2 | 2026-09-21 | Low & cooling, volatile |
| WINC4 | Inverse Increase — Economics, inside two months | 73.1 | +5.2 | 2026-09-21 | Elevated & climbing, volatile |
| WINTE | Interest — Economics, inside six months | 67.1 | -2.1 | 2026-09-21 | Elevated & climbing, volatile |
| WINT2 | Interest — Economics, inside two months | 81.3 | +1.0 | 2026-09-21 | Very high & climbing, volatile |
| WMEET | Meeting — Economics, inside six months | 68.7 | +7.0 | 2026-09-21 | Elevated & climbing, volatile |
| WMEE2 | Meeting — Economics, inside two months | 80.4 | -8.4 | 2026-09-21 | Very high & climbing, volatile |
| WMEE3 | Meeting — Economics, inside two years | 55.4 | +5.0 | 2026-09-21 | Moderate & steady, volatile |
| WNEWO | New Orleans Football, inside six months | 20.2 | -0.2 | 2026-09-21 | Low |
| WNEW3 | Inverse New Orleans Football, inside six months | 79.8 | +0.2 | 2026-09-21 | Elevated |
| WOPEN | Openai — Financials, inside six months | 35.8 | -1.4 | 2026-09-21 | Low & climbing |
| WOPE2 | Openai — Financials, inside two years | 44.5 | +0.9 | 2026-09-21 | Moderate & cooling |
| WPRES | President — Politics, inside six months | 33.8 | -0.1 | 2026-09-21 | Low & cooling |
| WRATE | Rate — Economics, inside six months | 42.8 | -20.3 | 2026-09-21 | Moderate & cooling, volatile |
| WRAT2 | Inverse Rate — Economics, inside six months | 57.2 | +20.3 | 2026-09-21 | Moderate & climbing, volatile |
| WRAT3 | Rate — Economics, inside two months | 74.8 | -8.7 | 2026-09-21 | Elevated & climbing, volatile |
| WRAT4 | Rates — Economics, inside two months | 85.9 | -4.4 | 2026-09-21 | Very high & climbing, volatile |
| WRELE | Released — Tech Science, inside six months | 45.7 | -0.8 | 2026-09-21 | Moderate & steady, volatile |
| WREP2 | Republican — Elections, inside two years | 58.0 | -15.8 | 2026-09-21 | Moderate & climbing, volatile |
| WRESE | Reserve — Economics, inside six months | 65.7 | +14.3 | 2026-09-21 | Elevated & climbing, volatile |
| WSCOR | Score — Tech Science, inside six months | 22.1 | +2.3 | 2026-09-21 | Low & cooling, volatile |
| WSCO2 | Inverse Score — Tech Science, inside six months | 77.9 | -2.3 | 2026-09-21 | Elevated & climbing, volatile |
| WSEAT | Seats — Elections, inside two months | 67.5 | -3.7 | 2026-09-21 | Elevated & cooling, volatile |
| WSEA2 | Seats — Elections, inside two weeks | 49.6 | -0.4 | 2026-09-21 | Moderate & climbing, volatile |
| WSENA | Senate — Elections, inside six months | 68.6 | -14.4 | 2026-09-21 | Elevated & climbing, volatile |
| WTAYL | Taylor Swift — Culture, inside six months | 40.5 | -6.5 | 2026-09-21 | Moderate & cooling, volatile |
| WTRUM | Trump — Politics, inside six months | 28.0 | +0.3 | 2026-09-21 | Low & cooling |
Benchmark readings of prediction-market prices — data, not advice. Every method is published.