ProCap Insights · April 23, 2026
Prediction markets see the GOP losing midterms. 4 stocks will tell who's right.
Kalshi's odds of GOP Senate control peaked above 73% last July and have fallen to a coin flip today, while the same Kalshi market prices an 86% probability the Democrats retake the House, and other polls still call the Senate a likely Republican hold.1,2 The equity market has positioned as if the old Kalshi is still true.