The Index Desk Report
LATESTFriday, September 25, 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
23.4Low
85 / 145 live29 elevated33 calm
W.E.T. World Risk Index (WWRI) prints a WET Index Score of 23.4 (Low), flat.
Rose 2.1 to 23.4 (Low), led by commodity-stress (20% leg) (18→17%) −0.2 repricing; recession-odds (25% leg) +0.1 repricing; climate-risk (15% leg) +0.1 repricing.
The board: 85 of 145 benchmarks live — 29 elevated (≥60), 33 calm (<40).
WET Implied · real-unit readings
- Inflation (WIIN): Sep 2026 CPI YoY implied at 3.58% (80% band 3.44–3.74%, n=21 strikes).
Overround-normalized, isotonic-repaired readings of Kalshi contract ladders — numbers with units, not sentiment gauges.
What moved
- WRATE 59.1 (▲18.2) — Rate — Economics, inside six months, up 18.2 on the day.
- WRAT2 40.9 (▼18.2) — Inverse Rate — Economics, inside six months, down 18.2 on the day.
- WREP2 66.2 (▲16.4) — Republican — Elections, inside two years, up 16.4 on the day.
- WMIDT 47.5 (▼15.5) — Midterm — Elections, inside six months, down 15.5 on the day.
- WHOUS 63.2 (▲15.3) — House — Elections, inside two years, up 15.3 on the day.
Projection watch
- WSEA2 projected 30.3 in 14d (80% band 0–70), trending down.
- WINT2 projected 77.6 in 14d (80% band 55–100), trending up.
- WREP2 projected 70.9 in 14d (80% band 0–100), trending up.
The full board
| Ticker | Index | Score | 1d | As of | Regime |
|---|---|---|---|---|---|
| WGRI | Geopolitical Risk | 25.0 | 0.0 | 2026-09-25 | Low & climbing, volatile |
| WFPI | Fed Path | 3.6 | — | 2026-09-25 | Very low & steady |
| WEHI | Election Heat | 44.2 | +0.7 | 2026-09-25 | Moderate & climbing, volatile |
| WARI | AI Race | 50.3 | -0.6 | 2026-09-25 | Moderate & cooling, volatile |
| WRCI | Recession Odds | 22.6 | +0.4 | 2026-09-25 | Low & cooling |
| WCGF | Crypto Greed | 36.9 | +0.5 | 2026-09-25 | Low & steady, volatile |
| WCDR | Climate Risk | 29.2 | +0.4 | 2026-09-25 | Low & climbing, volatile |
| WCHI | Culture Heat | 43.1 | 0.0 | 2026-09-25 | Moderate & cooling, volatile |
| WPTI | Political Turmoil | 22.9 | -1.1 | 2026-09-25 | Low & cooling, volatile |
| WCOS | Commodity Stress | 16.7 | -0.9 | 2026-09-25 | Very low & steady, volatile |
| WSHI | Sports Heat | 65.9 | — | 2026-09-13 | Elevated & cooling, volatile |
| WEGF | Equity Greed | 60.8 | -0.2 | 2026-09-25 | Elevated & steady |
| WMID | Midterm Control | 37.9 | — | 2026-09-25 | Low & steady, volatile |
| WELW | Election Week | 29.7 | — | 2026-08-25 | Low & cooling, volatile |
| WFLA | Flashpoint Watch | 32.4 | +2.6 | 2026-09-25 | Low & steady |
| WDCW | Washington Week | 20.1 | 0.0 | 2026-09-25 | Low & steady |
| WGEA | Global Easing | 26.4 | 0.0 | 2026-09-25 | Low & steady |
| WINF | Inflation Watch | 68.4 | -1.7 | 2026-09-25 | Elevated & steady |
| WEBI | Earnings Beat | 72.4 | — | 2026-09-24 | Elevated & steady |
| WBTP | Bitcoin Path | 22.1 | -0.3 | 2026-09-25 | Low & climbing |
| WALT | Altcoin Heat | 29.4 | +1.0 | 2026-09-25 | Low & climbing |
| WAWD | Awards Race | 41.1 | -0.6 | 2026-09-25 | 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 | 63.1 | -0.5 | 2026-09-25 | Elevated & climbing |
| WWRI | World Risk | 23.4 | 0.0 | 2026-09-25 | Low & climbing, volatile |
| WMSI | Macro Stress | 15.8 | — | 2026-09-25 | Very low & steady |
| WUPR | US Political Risk | 29.8 | -0.3 | 2026-09-25 | Low & climbing |
| WACHI | Achieved — Tech Science, inside six months | 18.8 | -0.5 | 2026-09-24 | Very low & cooling |
| WACH2 | Inverse Achieved — Tech Science, inside six months | 81.2 | +0.5 | 2026-09-24 | Very high & climbing |
| WALBU | Album — Culture, inside six months | 64.9 | -2.2 | 2026-09-24 | Elevated & climbing, volatile |
| WANTH | Anthropic — Financials, inside six months | 43.4 | +5.2 | 2026-09-24 | Moderate & climbing, volatile |
| WARTI | Artist — Culture, inside six months | 55.8 | +3.1 | 2026-09-24 | Moderate & climbing, volatile |
| WBALT | Baltimore Football, inside six months | 27.8 | -0.7 | 2026-09-24 | Low & cooling, volatile |
| WBAL2 | Inverse Baltimore Football, inside six months | 72.2 | +0.7 | 2026-09-24 | Elevated & climbing, volatile |
| WBANK | Bank — Economics, inside six months | 76.3 | -9.0 | 2026-09-24 | Elevated & climbing, volatile |
| WCAPT | Capture — Politics, inside six months | 38.1 | +0.3 | 2026-09-24 | Low & cooling, volatile |
| WCODE | Code Arena — Tech Science, inside two months | 59.3 | +9.7 | 2026-09-24 | Moderate & steady, volatile |
| WCOUN | Country — Politics, inside six months | 42.7 | +2.5 | 2026-09-24 | Moderate & climbing |
| WDEMO | Democratic — Elections, inside two years | 35.5 | -7.4 | 2026-09-24 | Low & cooling, volatile |
| WELEC | Election — Politics, inside six months | 59.7 | +5.6 | 2026-09-24 | Moderate & climbing, volatile |
| WELE2 | Election — Politics, inside two months | 59.4 | -0.4 | 2026-09-24 | Moderate & cooling, volatile |
| WFEDE | Federal — Economics, inside six months | 53.4 | +14.0 | 2026-09-24 | Moderate & climbing, volatile |
| WGOOG | Google — Tech Science, inside six months | 54.6 | +2.9 | 2026-09-24 | Moderate & cooling, volatile |
| WHIGH | Higher — Tech Science, inside six months | 23.0 | +0.5 | 2026-09-24 | Low & cooling, volatile |
| WHIG2 | Inverse Higher — Tech Science, inside six months | 77.0 | -0.5 | 2026-09-24 | Elevated & climbing, volatile |
| WHIKE | Hike — Economics, inside six months | 44.1 | +10.9 | 2026-09-24 | Moderate & cooling, volatile |
| WHIK2 | Inverse Hike — Economics, inside six months | 55.9 | -10.9 | 2026-09-24 | Moderate & climbing, volatile |
| WHOUS | House — Elections, inside two years | 63.2 | +15.3 | 2026-09-24 | Elevated & climbing, volatile |
| WINCR | Increase — Economics, inside six months | 38.0 | +8.2 | 2026-09-24 | Low & cooling, volatile |
| WINC2 | Inverse Increase — Economics, inside six months | 62.0 | -8.2 | 2026-09-24 | Elevated & climbing, volatile |
| WINC3 | Increase — Economics, inside two months | 45.9 | +13.4 | 2026-09-24 | Moderate & climbing, volatile |
| WINC4 | Inverse Increase — Economics, inside two months | 54.1 | -13.4 | 2026-09-24 | Moderate & cooling, volatile |
| WINTE | Interest — Economics, inside six months | 67.6 | +3.1 | 2026-09-24 | Elevated & cooling, volatile |
| WINT2 | Interest — Economics, inside two months | 72.4 | -10.7 | 2026-09-24 | Elevated & climbing, volatile |
| WJACK | Jacksonville Football, inside six months | 17.6 | -4.4 | 2026-09-24 | Very low & cooling, volatile |
| WJAC2 | Inverse Jacksonville Football, inside six months | 82.4 | +4.4 | 2026-09-24 | Very high & climbing, volatile |
| WKANS | Kansas City Football, inside six months | 32.2 | -1.2 | 2026-09-24 | Low & steady, volatile |
| WKAN2 | Inverse Kansas City Football, inside six months | 67.8 | +1.2 | 2026-09-24 | Elevated & steady, volatile |
| WMEET | Meeting — Economics, inside six months | 60.9 | -4.8 | 2026-09-24 | Elevated & cooling, volatile |
| WMEE2 | Meeting — Economics, inside two months | 78.9 | -0.6 | 2026-09-24 | Elevated & climbing, volatile |
| WMEE3 | Meeting — Economics, inside two years | 59.2 | — | 2026-09-24 | Moderate & climbing, volatile |
| WMIDT | Midterm — Elections, inside six months | 47.5 | -15.5 | 2026-09-24 | Moderate & cooling, volatile |
| WOPEN | Openai — Financials, inside six months | 35.1 | -2.2 | 2026-09-24 | Low & steady |
| WOPE2 | Openai — Financials, inside two years | 48.4 | +1.7 | 2026-09-24 | Moderate & cooling |
| WPHIL | Philadelphia Football, inside six months | 27.4 | -8.7 | 2026-09-24 | Low & steady, volatile |
| WPHI2 | Inverse Philadelphia Football, inside six months | 72.6 | +8.7 | 2026-09-24 | Elevated & steady, volatile |
| WPRES | President — Politics, inside six months | 32.0 | -0.9 | 2026-09-24 | Low & cooling |
| WRATE | Rate — Economics, inside six months | 59.1 | +18.2 | 2026-09-24 | Moderate & cooling, volatile |
| WRAT2 | Inverse Rate — Economics, inside six months | 40.9 | -18.2 | 2026-09-24 | Moderate & climbing, volatile |
| WRAT3 | Rate — Economics, inside two months | 77.8 | +4.3 | 2026-09-24 | Elevated & climbing, volatile |
| WRAT4 | Rates — Economics, inside two months | 78.0 | -2.3 | 2026-09-24 | Elevated & climbing, volatile |
| WRELE | Released — Tech Science, inside six months | 42.7 | -12.7 | 2026-09-24 | Moderate & cooling, volatile |
| WREP2 | Republican — Elections, inside two years | 66.2 | +16.4 | 2026-09-24 | Elevated & climbing, volatile |
| WRESE | Reserve — Economics, inside six months | 67.0 | — | 2026-09-24 | Elevated & climbing, volatile |
| WSCOR | Score — Tech Science, inside six months | 26.2 | +2.4 | 2026-09-24 | Low & climbing, volatile |
| WSCO2 | Inverse Score — Tech Science, inside six months | 73.8 | -2.4 | 2026-09-24 | Elevated & cooling, volatile |
| WSEAT | Seats — Elections, inside two months | 75.4 | — | 2026-09-24 | Elevated & climbing, volatile |
| WSEA2 | Seats — Elections, inside two weeks | 36.2 | -2.1 | 2026-09-24 | Low & cooling, volatile |
| WSENA | Senate — Elections, inside six months | 63.1 | — | 2026-09-24 | Elevated & climbing, volatile |
| WTAYL | Taylor Swift — Culture, inside six months | 47.9 | -0.9 | 2026-09-24 | Moderate & climbing, volatile |
| WTRUM | Trump — Politics, inside six months | 25.8 | +0.8 | 2026-09-24 | Low & steady |
| WWASH | Washington Football, inside six months | 27.0 | — | 2026-09-24 | Low & climbing, volatile |
| WWAS2 | Inverse Washington Football, inside six months | 73.0 | — | 2026-09-24 | Elevated & cooling, volatile |
Benchmark readings of prediction-market prices — data, not advice. Every method is published.