The Index Desk Report
Wednesday, October 21, 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
20.4Low
77 / 148 live21 elevated28 calm
W.E.T. World Risk Index (WWRI) prints a WET Index Score of 20.4 (Low), with no daily change published.
Constituents rebalanced; the basket changed too much to chain, so the series is rebased at 20.4 and price moves resume tomorrow. Not a market move.
The board: 77 of 148 benchmarks live — 21 elevated (≥60), 28 calm (<40).
WET Implied · real-unit readings
- Fed Path (WIFP): next meeting (Oct 2026) prices +2.7bps expected change (87% hold); cumulative +47.5bps by Dec 2026.
- Inflation (WIIN): Nov 2026 CPI YoY implied at 3.91% (80% band 3.54–4.38%, n=21 strikes).
Overround-normalized, isotonic-repaired readings of Kalshi contract ladders — numbers with units, not sentiment gauges.
Projection watch
- WRAC2 projected 15.4 in 14d (80% band 0–100), trending down.
- WGOO2 projected 80.7 in 14d (80% band 20–100), trending up.
- WINT2 projected 66.6 in 14d (80% band 41–93), trending up.
The full board
| Ticker | Index | Score | 1d | As of | Regime |
|---|---|---|---|---|---|
| WGRI | Geopolitical Risk | 25.3 | — | 2026-10-21 | Low & steady, volatile |
| WFPI | Fed Path | 1.4 | — | 2026-10-21 | Very low & cooling |
| WEHI | Election Heat | 44.5 | — | 2026-10-21 | Moderate & steady, volatile |
| WARI | AI Race | 48.1 | — | 2026-10-21 | Moderate & cooling, volatile |
| WRCI | Recession Odds | 15.0 | — | 2026-10-21 | Very low & cooling, volatile |
| WCGF | Crypto Greed | 44.0 | — | 2026-10-21 | Moderate & climbing, volatile |
| WCDR | Climate Risk | 26.5 | — | 2026-10-21 | Low & cooling, volatile |
| WCHI | Culture Heat | 56.9 | — | 2026-10-21 | Moderate & climbing, volatile |
| WPTI | Political Turmoil | 55.6 | — | 2026-10-21 | Moderate & climbing, volatile |
| WCOS | Commodity Stress | 12.8 | — | 2026-10-21 | Very low & cooling, volatile |
| WSHI | Sports Heat | 82.8 | — | 2026-10-05 | Very high & climbing, volatile |
| WEGF | Equity Greed | 51.9 | — | 2026-10-21 | Moderate & cooling |
| WMID | Midterm Control | 52.1 | — | 2026-10-21 | Moderate & climbing, volatile |
| WELW | Election Week | 7.0 | — | 2026-10-05 | Very low & cooling, volatile |
| WFLA | Flashpoint Watch | 28.2 | — | 2026-10-21 | Low & cooling, volatile |
| WDCW | Washington Week | 26.8 | — | 2026-10-21 | Low & climbing |
| WGEA | Global Easing | 52.1 | — | 2026-10-21 | Moderate & climbing, volatile |
| WINF | Inflation Watch | 77.0 | — | 2026-10-21 | Elevated & climbing |
| WEBI | Earnings Beat | 67.3 | — | 2026-10-05 | Elevated & cooling |
| WBTP | Bitcoin Path | 18.3 | — | 2026-10-21 | Very low & cooling |
| WALT | Altcoin Heat | 24.5 | — | 2026-10-21 | Low & cooling |
| WAWD | Awards Race | 45.2 | — | 2026-10-21 | Moderate & climbing |
| WSTW | Storm Watch | 78.1 | — | 2026-10-05 | Elevated & climbing, volatile |
| WFAV | Favorites Combo | 51.8 | — | 2026-10-05 | Moderate & cooling, volatile |
| WSOC | Soccer Heat | 97.0 | — | 2026-10-05 | Very high & climbing, volatile |
| WNFL | Gridiron Futures | 76.0 | — | 2026-10-21 | Elevated & climbing |
| WWRI | World Risk | 20.4 | — | 2026-10-21 | Low & cooling, volatile |
| WMSI | Macro Stress | 10.8 | — | 2026-10-21 | Very low & cooling |
| WUPR | US Political Risk | 44.7 | — | 2026-10-21 | Moderate & climbing |
| WACHI | Achieved — Tech Science, inside six months | 23.6 | — | 2026-10-05 | Low & climbing |
| WACH2 | Inverse Achieved — Tech Science, inside six months | 76.4 | — | 2026-10-05 | Elevated & cooling |
| WALBU | Album — Culture, inside six months | 59.3 | — | 2026-10-05 | Moderate & cooling, volatile |
| WANTH | Anthropic — Financials, inside six months | 43.1 | — | 2026-10-05 | Moderate & climbing, volatile |
| WARTI | Artist — Culture, inside six months | 55.0 | — | 2026-10-05 | Moderate & steady, volatile |
| WBANK | Bank — Economics, inside six months | 69.2 | — | 2026-10-05 | Elevated & cooling, volatile |
| WCAPT | Capture — Politics, inside six months | 35.6 | — | 2026-10-05 | Low & cooling, volatile |
| WCODE | Code Arena — Tech Science, inside two months | 48.7 | — | 2026-10-05 | Moderate & cooling, volatile |
| WCOUN | Country — Politics, inside six months | 36.1 | — | 2026-10-05 | Low & cooling |
| WDEMO | Democratic — Elections, inside two years | 38.3 | — | 2026-10-05 | Low & climbing, volatile |
| WELEC | Election — Politics, inside six months | 45.2 | — | 2026-10-05 | Moderate & cooling, volatile |
| WELE2 | Election — Politics, inside two months | 58.2 | — | 2026-10-05 | Moderate & cooling, volatile |
| WFEDE | Federal — Economics, inside six months | 41.3 | — | 2026-10-05 | Moderate & cooling, volatile |
| WGOOG | Google — Tech Science, inside six months | 64.3 | — | 2026-10-05 | Elevated & climbing, volatile |
| WGOO2 | Google — Tech Science, inside two months | 69.4 | — | 2026-10-05 | Elevated & climbing, volatile |
| WHIGH | Higher — Tech Science, inside six months | 26.0 | — | 2026-10-05 | Low & climbing, volatile |
| WHIG2 | Inverse Higher — Tech Science, inside six months | 74.0 | — | 2026-10-05 | Elevated & cooling, volatile |
| WHIKE | Hike — Economics, inside six months | 37.6 | — | 2026-10-05 | Low & cooling, volatile |
| WHIK2 | Inverse Hike — Economics, inside six months | 62.4 | — | 2026-10-05 | Elevated & climbing, volatile |
| WHOUS | House — Elections, inside two years | 38.2 | — | 2026-10-05 | Low & cooling, volatile |
| WINCR | Increase — Economics, inside six months | 31.6 | — | 2026-10-05 | Low & steady, volatile |
| WINC2 | Inverse Increase — Economics, inside six months | 68.4 | — | 2026-10-05 | Elevated & steady, volatile |
| WINC3 | Increase — Economics, inside two months | 25.8 | — | 2026-10-05 | Low & cooling, volatile |
| WINC4 | Inverse Increase — Economics, inside two months | 74.2 | — | 2026-10-05 | Elevated & climbing, volatile |
| WINTE | Interest — Economics, inside six months | 60.8 | — | 2026-10-05 | Elevated & cooling, volatile |
| WINT2 | Interest — Economics, inside two months | 62.5 | — | 2026-10-05 | Elevated & cooling, volatile |
| WMATH | Math — Tech Science, inside two months | 51.2 | — | 2026-10-05 | Moderate & steady, volatile |
| WMEET | Meeting — Economics, inside six months | 56.6 | — | 2026-10-05 | Moderate & cooling, volatile |
| WMEE2 | Meeting — Economics, inside two months | 54.7 | — | 2026-10-05 | Moderate & cooling, volatile |
| WMEE3 | Meeting — Economics, inside two years | 40.8 | — | 2026-10-05 | Moderate & cooling, volatile |
| WNEWO | New Orleans Football, inside six months | 13.5 | — | 2026-10-05 | Very low & cooling, volatile |
| WNEW3 | Inverse New Orleans Football, inside six months | 86.5 | — | 2026-10-05 | Very high & climbing, volatile |
| WOPEN | Openai — Financials, inside six months | 35.4 | — | 2026-10-05 | Low & steady |
| WOPE2 | Openai — Financials, inside two years | 47.5 | — | 2026-10-05 | Moderate & steady |
| WPART | Party — Elections, inside six months | 59.1 | — | 2026-10-05 | Moderate & climbing, volatile |
| WPRES | President — Politics, inside six months | 27.8 | — | 2026-10-05 | Low & cooling |
| WRAC2 | Race — Elections, inside two years | 38.2 | — | 2026-10-05 | Low & cooling, volatile |
| WRATE | Rate — Economics, inside six months | 51.0 | — | 2026-10-05 | Moderate & cooling, volatile |
| WRAT2 | Inverse Rate — Economics, inside six months | 49.0 | — | 2026-10-05 | Moderate & climbing, volatile |
| WRAT3 | Rate — Economics, inside two months | 59.0 | — | 2026-10-05 | Moderate & cooling, volatile |
| WRAT4 | Rates — Economics, inside two months | 60.9 | — | 2026-10-05 | Elevated & cooling, volatile |
| WRELE | Released — Tech Science, inside six months | 63.9 | — | 2026-10-05 | Elevated & climbing, volatile |
| WREP2 | Republican — Elections, inside two years | 38.1 | — | 2026-10-05 | Low & cooling, volatile |
| WRESE | Reserve — Economics, inside six months | 64.1 | — | 2026-10-05 | Elevated & steady, volatile |
| WSCOR | Score — Tech Science, inside six months | 23.6 | — | 2026-10-05 | Low & steady, volatile |
| WSCO2 | Inverse Score — Tech Science, inside six months | 76.4 | — | 2026-10-05 | Elevated & steady, volatile |
| WTAYL | Taylor Swift — Culture, inside six months | 53.9 | — | 2026-10-05 | Moderate & climbing, volatile |
| WTRUM | Trump — Politics, inside six months | 25.2 | — | 2026-10-05 | Low & cooling |
Benchmark readings of prediction-market prices — data, not advice. Every method is published.