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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.

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