Issue #001 → #002 · locked 2026-05-10Hit
AI-CapEx ↔ AI-revolution
Predicted: 30-day window: ≥1 of (AI earnings miss + multiple compression), "AI-bubble" framing in mainstream press, or sector rotation out of AI-pure-plays into AI-infrastructure.
Observed: AI-bubble framing reached Fortune, Bloomberg, Axios, American Prospect. XLU +$694M inflows vs XLK −$476M outflows; Vistra + NextEra rerated to AI-power growth. NVDA beat Q1 FY27 ($81.6B) but criteria (b) + (c) triggered.
Receipts →Issue #001 → #002 · locked 2026-05-10Miss
Privacy-coin ↔ Stablecoin CLARITY
Predicted: 30-day window: ≥1 of named privacy-coin regulatory action, major exchange delisting, or ZEC mean-reversion ≥30% from April peak.
Observed: No new regulatory action, no delisting. ZEC rallied to fresh 2026 high above $688 then crashed −50% on June 5 — but caused by endogenous Orchard-pool proof bug, not regulation. None of the three criteria triggered via the predicted mechanism.
Receipts →Issue #001 → #002 · locked 2026-05-10Hit
Mainstream-econ ↔ Fed-pivot
Predicted: 30-day window: ≥1 of explicit Fed-pivot repriced, "monetary regime shift" framing in central-bank-adjacent communications, or sustained 10y >25bps with named-narrative attribution.
Observed: Kevin Warsh confirmed as Fed Chair May 13 (54-45) and sworn in May 22. "Sound Money" and "regime change" framing dominated CNBC, LPL Research, NPR. Goldman shifted to no-cuts-2026. 10y moved only ~7bps (below threshold) but regime-shift framing (criterion b) triggered cleanly.
Receipts →Issue #001 → #002 · locked 2026-05-10Hit
Energy-transition ↔ AI-CapEx
Predicted: 30-day window: ≥1 of grid as named AI-cascade-driver, AI-build delay attributed to grid/permitting, or sector rotation INTO power/utility plays.
Observed: All three triggered. Sightline Climate / Bloomberg named "transformers, switchgear, batteries, grid" as the bottleneck set. Tom's Hardware: ~half of planned US data-center builds delayed/cancelled, permitting cited in 29% of milestone-change requests. XLU/XLK rotation + Vistra/NextEra rerating confirmed.
Receipts →Issue #002 → #003 · locked 2026-06-09Hit
AI-CapEx ↔ AI-application-layer (continuation)
Predicted: 30-day window: ≥1 of "circular financing" framing in ≥2 mainstream outlets, −15% single-day drawdown in an AI-pure-play, or SOXX outperforms IGV by ≥500bps rolling 20d.
Observed: Bloomberg published dedicated graphics "AI Circular Deals: How Microsoft, OpenAI and Nvidia Keep Paying Each Other". Global Finance Magazine "AI's Financial Circle Game". $1.15T OpenAI vendor-commitment stack (Broadcom $350B, Oracle $300B, MSFT $250B, NVDA $100B, AMD $90B, AWS $38B, CoreWeave $22B) crystallized as the load-bearing narrative. Criterion (a) triggered.
Receipts →Issue #002 → #003 · locked 2026-06-09Hit
Mainstream-econ ↔ Fed-pivot / Warsh
Predicted: 30-day window: Jun 16-17 FOMC median 2026 cuts ≤1 AND easing bias removed; or Fed-independence framing ≥2 mainstream; or 10y move >25bps with Warsh attribution.
Observed: June 17 FOMC lifted median 2026 rate to 3.8% (from 3.4% March SEP) — implies zero cuts, not ≤1. 9 of 18 members projected hikes; only 1 projected cuts. Statement dropped the easing-bias language. Warsh declined to submit his own dot. Criterion (a) triggered decisively.
Receipts →Issue #002 → #003 · locked 2026-06-09Hit
AI-CapEx ↔ Energy-throughput
Predicted: 30-day window: ≥1 of hyperscaler attributes delay to grid/permitting/power, utility name 52w high OR ≥2 sell-side upgrades citing AI-power, or BYOP/behind-the-meter framing ≥3 mainstream articles.
Observed: 30-50% of US 2026 data centers delayed or cancelled (5 GW of 16 GW under construction). Utility interconnection queues in VA/TX/GA measured in years. $150-$200B 2026 capex slipping to 2027-28. The exact pre-registered framing — "transformers, switchgear, batteries are now the binding constraint" — appeared. Criterion (a) triggered decisively.
Receipts →Issue #002 → #003 · locked 2026-06-09Miss
Crypto-institutionalization ↔ Privacy-coin
Predicted: 30-day window: ≥1 of US/EU regulator statement on privacy coins, major exchange delisting, or privacy-coin index outperforms BTC by ≥2000bps rolling 20d.
Observed: ZEC −26.9% in 24h, −38.2% on the week in June (from $527 to $334); XMR −15.6% over 30d — privacy coins underperformed BTC in the window. No new US or EU regulator statement in window. No new major exchange delisting. None of the three criteria triggered.
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