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Prediction Markets Favor Democrats in 2026 Midterms
Prediction market platforms Polymarket and Kalshi predict a Democratic sweep in the upcoming 2026 midterm elections, with Democrats holding a 78% chance of winning both the House and Senate. This prediction comes despite a recent upset victory by President Lula in Brazil's runoff election. The platforms' markets have seen over $58 million in volume and $100 million in total volume, with Democrats favored in individual Senate races such as Texas, Maine, and Michigan.