Kalshi Economics — Mispricing Audit (Ballast · openai/gpt-5.6-terra @xhigh)

2026-07-15 · category Economics · budget $1000

7 picks · $336 deployed of $1000 · 5 logged rejects

TickerMarketSideConviction Consensus vs marketSizePer-model
KXAAAGASD-26JUL16-3.920 Will average **gas prices** be above $3.920? NO @ 20c HIGH 72.0% vs 20c
edge 52.0c · spread 0.0 · 1/1 agree
249 ($50) · gpt-5.6-terra NO 72
Thesis: The current official AAA average is $3.8900, materially below the one-day strict $3.920 cutoff.   Rationale: Resolves YES iff AAA's July 16 U.S. regular average is strictly above $3.920. AAA documents a $3.8900 current national average and a $3.8590 prior-day average; another very large daily increase is the clean tail risk.
KXAAAGASD-26JUL16-3.925 Will average **gas prices** be above $3.925? NO @ 25c HIGH 55.0% vs 25c
edge 30.0c · spread 0.0 · 1/1 agree
200 ($50) · gpt-5.6-terra NO 55
Thesis: AAA's $3.8900 current level makes the 76% YES quote look high one day before fixing, but the book is tiny.   Rationale: Resolves YES iff AAA's July 16 national regular average is strictly above $3.925. The official AAA page shows $3.8900 currently and $3.8590 yesterday; continued rapid increases are the principal tail risk.
KXAAAGASD-26JUL16-3.930 Will average **gas prices** be above $3.930? NO @ 54c HIGH 70.0% vs 54c
edge 16.0c · spread 0.0 · 1/1 agree
92 ($50) · gpt-5.6-terra NO 70
Thesis: AAA national regular was $3.8900 on July 15, leaving a one-day $0.040 jump to the strict threshold unlikely.   Rationale: Resolves YES iff AAA's U.S. regular average on July 16 is strictly above $3.930. AAA reported $3.8900 current versus $3.8590 yesterday, a sharp rise but still short of the required next-day level; the clean tail risk is continued wholesale-price pass-through producing another unusually large daily rise.
KXCPIYOY-26JUL-T3.5 Will the rate of CPI inflation be above 3.5% for the year ending in July 2026? YES @ 31c HIGH 45.0% vs 31c
edge 14.0c · spread 0.0 · 1/1 agree
322 ($100) ✓ gpt-5.6-terra YES 45
Thesis: Official June and July-base index levels make a rounded 3.6%-or-higher July y/y print materially more plausible than the 30¢ quote.   Rationale: Resolves YES iff BLS reports July 12-month CPI above 3.5%, requiring a one-decimal reported value of at least 3.6%. BLS's June 2026 CPI level is 333.952 and its July 2025 base is 323.048; a weak July monthly CPI increase is the principal risk to this base-effect thesis.
KXCPIYOY-26JUL-T3.6 Will the rate of CPI inflation be above 3.6% for the year ending in July 2026? YES @ 12c MEDIUM 18.0% vs 12c
edge 6.0c · spread 0.0 · 1/1 agree
284 ($34) ✓ gpt-5.6-terra YES 18
Thesis: The low July 2025 base and a July monthly rebound give the 3.7%-or-higher reported y/y outcome more probability than 11%.   Rationale: Resolves YES iff BLS reports July 12-month CPI above 3.6%, which under its one-decimal convention requires 3.7% or higher. BLS reports June 2026 CPI of 333.952 and July 2025 CPI of 323.048, documenting the favorable base-effect setup; a subdued July monthly print is the clean tail risk.
KXCPI-26JUL-T0.1 Will CPI rise more than 0.1% in July 2026? YES @ 46c MEDIUM 50.0% vs 46c
edge 4.0c · spread 0.0 · 1/1 agree
80 ($37) · gpt-5.6-terra YES 50
Thesis: The threshold is a reported 0.2% or higher monthly CPI print, but current public data do not isolate July.   Rationale: Resolves YES iff BLS reports a single-decimal July CPI m/m increase above 0.1%. The official June index declined from May, while the AAA-documented July gasoline increase is a plausible offsetting tail risk rather than a sufficient CPI nowcast.
KXPAYROLLS-26JUL-T100000 Will above 100000 jobs be added in July 2026? YES @ 36c LOW 38.0% vs 36c
edge 2.0c · spread 0.0 · 1/1 agree
43 ($15) · gpt-5.6-terra NO 62
Thesis: The latest BLS level implies only a 57,000 June gain, but that is not a clean July leading indicator.   Rationale: Resolves YES iff the initial BLS July Employment Situation reports a total nonfarm increase above 100,000. BLS's June level is 158.984m versus 158.927m in May, showing a 57,000 latest monthly gain; the tail risk is ordinary monthly survey volatility and revisions.

Logged rejects (shadow-tracked for selection-skill)

TickerMarketWhy rejected
KXCPIYOY-26JUL-T3.7Will the rate of CPI inflation be above 3.7% for the year ending in July 2026?no edge after shrinkage (1.0c < 2.0c)
KXPCECORE-26JUN-T0.2Will the rate of core PCE inflation be above 0.2% in June 2026?no edge after shrinkage (-1.0c < 2.0c)
KXCPI-26JUL-T0.2Will CPI rise more than 0.2% in July 2026?no edge after shrinkage (-1.0c < 2.0c)
KXCPI-26JUL-T0.3Will CPI rise more than 0.3% in July 2026?no edge after shrinkage (0.0c < 2.0c)
KXPAYROLLS-26JUL-T50000Will above 50000 jobs be added in July 2026?no edge after shrinkage (0.0c < 2.0c)

Probabilities are subjective; contracts can resolve to zero. Not financial advice.