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Micah Insights

ISSUE OF TUE, OCT 27, 2026

One week of prediction-market readings, and what moved them. This is a past issue, kept as published.

THE LEAD · 2026 BALANCE OF POWER

10.3 points separate the House and the Governor.

The House index reads 50.4 and the Governor 40.2, 10.3 points apart (mid-range; over 5 weeks on record the gap has run 8.1–11.7).

10.3SPREAD · PTS
50.4HOUSE
40.2GOVERNOR

The spread has run 8.1–11.7 over 5 weeks on record. Index levels on a 0–100 scale, not the probability of any single outcome.

WHERE THE EXCHANGES DISAGREE
Will France declare a state of emergency before Nov 1, 2026?Kalshi 3.0% · Polymarket 1.4% · 1.6 pt gap
SETTLING THAT WEEK · OCT 27 – NOV 3
Oct 27S&P 500 (SPX) Up or Down on October 27?Polymarket · S&P 500 Index52%
Oct 28Saudi Arabia military action against Yemen on October 27?Polymarket · Global War Index90%
Oct 31Israel x Iran ceasefire continues through October 31?Polymarket · Global War Index94%
Oct 31US x Yemen ceasefire continues through October 31?Polymarket · Global War Index98%
Nov 1France declares state of emergency by October 31, 2026?Polymarket · Global War Index1%
Nov 1Will Bitcoin reach $90,000 in October?Polymarket · Bitcoin Index2%
OTHER ISSUES