How tight or loose money is right now — one number, from the markets.
A factor index built purely from Kalshi's markets. It pools the stock market, the dollar and Treasury yields — each a noisy read on the same underlying force — into one signal, so no single market can throw it off: are financial conditions squeezing the economy, or fueling it?
The financial-conditions reading we publish — pooled from the markets below, updating every 5 minutes as any of them reprices.
The Kalshi markets pooled into FinX. Each bar shows how far that market sits above or below its own normal, and which way it's pushing the index. 100% Kalshi markets.
The stock market, the dollar and bond yields each say something about how easy money is — and each is noisy on its own. Stocks up = looser; a strong dollar and high yields = tighter.
We score each market against its own recent history — how far above or below normal it sits — then pool those scores into one number. Pooling cancels the noise any single market carries.
The result is a 0–100 dial: 50 is neutral, above 50 is tight, below 50 is loose. Built entirely from live prediction markets — no surveys, no lagged official data.
One signal, pooled from many Kalshi markets.