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Texas About to Turn Blue, Talarico Now at 55 Percent in Betting Odds

Kalshi is at 55 percent for Talarico, the first cross of that level.

Kalshi Competitive Senate Races

What Senate Control Comes Down To

Assuming North Carolina and Maine are in the bag, Democrats need to pick win three of five of Alaska, Iowa, Michigan, Ohio, and Texas to take the Senate.

That is quite doable and has been my bet much of the year.

There is a reasonable shot they win all five. Right now, Kalshi has Democrats winning four of four tossups defined as 46 to 54 percent.

I think Iowa is closer to tossup than 59 percent Republican.

Since Michigan is already in the Democrat column, a clean sweep would be a net pickup of 6.

There is a small outside chance in a total shellacking for Democrats to pick up Nebraska.

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The Tooth
The Tooth
11 days ago

Mish shouldn’t this be placed under Politics rather Economics? I’ve noticed some articles miscatagorized…

Stu
Stu
13 days ago

Sure he is… like Collins is going to lose too? Fat chance imo!!

Planter will win nothing, and Talarico will win the same. They Both have MSM Hype and they Both detest Republicans and America in some way, as does their base. The Dems will swarm like bees with hate and disgust, and the Media will fawn over them all, but that only helps to lose races, and not win them.

Arthur Orwell
Arthur Orwell
12 days ago
Reply to  Stu

As long as the emotion among all the good people doesn’t reach the point where they falsify the vote count, as I think they sometimes do.

Stu
Stu
12 days ago
Reply to  Arthur Orwell

One can hope, as I do too.

whirlaway
whirlaway
13 days ago

Betting odds are pure BS. Show me what a poll of the electorate says.

Jojo
Jojo
13 days ago
Reply to  whirlaway

The WI poll for Dem governor candidate didn’t work all that well! 😁

val
val
13 days ago

Days before the Wisconsin primary, prediction markets priced Francesca Hong at 93% implied probability to win the nomination. Kalshi (94%), Polymarket (95%), and PredictIt (91%). – Hopefully Mish uses more reliable sources for his economic analysis.

Stu
Stu
13 days ago
Reply to  val

They eat their own for sure! They force their candidates upon the electorate with massive Hype, and at times will just pick whom they want (Ex. Harris) despite the party supporters and their voters. This is yet one more example of that.

Hong was tossed aside like a cheap suit, before a wedding. She never had a chance, and the party knew that as well, but wanted, or actually needed some Hype before the election, and it’s all they had…

Avery2
Avery2
13 days ago

Happy Days Are Here Again!

Peace
Peace
13 days ago

They are excited choosing uniparty.

Neil
Neil
13 days ago
Reply to  Peace

Not if you care about, for example,freedom from religion, abortion rights, voting rights, and, let’s face it: three levels of difference in corruption.

Stu
Stu
12 days ago
Reply to  Neil

Abortion rights? Seriously? You do realize it’s a moot point now. It’s been sent back where it belongs imo, and that’s to the States.

Trump, or anyone in charge Federally has zero say moving forward, as they shouldn’t imo. It was always with the States, and belongs there. This means 100% of those wanting one, can simply go to any State that offers it, and they can get one.

Other than the sh&# show recently by the Dems, I do believe Religion is also covered (was) now 100%. That should be a Sell!

Voting rights are being fixed now, and again, going back to how it was and should be. Same Day Voting & Results, NO Exceptions, but Military perhaps depending, and a carve out or two for special circumstances / situations that can’t be changed, like child birth as an ex.

Arthur Orwell
Arthur Orwell
12 days ago
Reply to  Stu

Religion is always there, and if people really believe it, as they do with a new religion, it is very important in politics. The official religion of the West is Education. Christianity is a traditional religion, but bright and mentally stable people haven’t been able to take it seriously since the publication of ‘The Origin of Species.’ The world has moved on. Unfortunately it has moved on to a messy religion whose main tenet is that you SHALL believe whatever you are told by your self-appointed intellectual superiors. That is a tenet of all religions, but it is just about all there is in Education.

David Heartland
David Heartland
13 days ago

Hundreds of Thousands of DEEPLY LIBERAL families moved from CAL to Texas and other states. They may have been fleeing that nutcase, NEWSCUM, but they remain BLUE VOTERS. WEIRD people!

RED OR BLUE, we are a uniparty anyway when it comes to the TOP 5 LOBBYING industries.

Stu
Stu
12 days ago

I would guess that anyone leaving CA.at this point, is mostly due to the Politics. Look at the rapid rise in taxes already occurring. The Lower Class have no choice but to eat it, and hope they have enough food to eat as well. The Middle Class has a large majority that can flee and they are and will continue too, wherever and whenever possible moving forward, as it is only rapidly going to get worse. The upper class have been left with no choice now, as they are going to get annihilated financially if they don’t flee. Some will be forced to stay and most of them will lose more than they ever dreamed possible.

William Jacksona
William Jacksona
13 days ago

Trump will declare a national emergency and mandate voter ID proof of citizenship and limited mail in ballots due to the illegal immigrant population and proven mail in ballot fraud ===this should help to keep texas red—we saw poor pole results in Wisconsin

Jon
Jon
13 days ago

Trump doesn’t have the authority to do any of that.

Quatloo
Quatloo
13 days ago
Reply to  Jon

Do you think that would stop him?

Stu
Stu
12 days ago
Reply to  Quatloo

Yes, No Kings!

Stu
Stu
12 days ago
Reply to  Jon

Too bad, it’s what’s required.

Avery2
Avery2
13 days ago

They need to prove their Wisconsin residency by biting the head off a smelt.

Stu
Stu
12 days ago

All should hope for such. We want fare and honest elections, and same day helps most of the crap, to go away.

RevMark
RevMark
13 days ago

Texas has been breaking Democratic hearts for years . . . dangling victory within reach, then yanking it away on Election Day.
Same thing with Susan Collins.
The last poll I checked on Tuesday morning had Francesca Hong up by 22 points. That didn’t exactly hold up.
Polling has been notoriously unreliable since the beginning of the Trump era. The only bottom line is, it still ain’t over ’til it’s over.

Joe Penny
Joe Penny
13 days ago
Reply to  RevMark

Texas is already run by Democrats…the Repubs hold power in numbers only, but defer to the D’s on almost all legislation…in other words, same rigged one-party system that you see in DC

David Heartland
David Heartland
13 days ago
Reply to  Joe Penny

It amazes me that you get down-votes for calling things in Political America a UNI-PARTY but we all know, deep down anyway, that the parties equally sell us ALL out for money.

Feral Finster
Feral Finster
13 days ago
Reply to  RevMark

Betting markets are not polls. Betting markets have generally proven more accurate than polls in predicting election winners.

pokercat
pokercat
12 days ago
Reply to  Feral Finster

The problem with betting polls is that the bettors are wagering on what they think other people will do. They’re just guessing and with a huge dose of emotion.

MelvinRich
MelvinRich
14 days ago

“Our Democracy” lol. Things can get worse, don’t forget-white lives don’t matter, open borders, free school loans, sex change operations and free stuff for all. Welcome to the spoils system on steroids.

Sentient
Sentient
13 days ago
Reply to  MelvinRich

I can’t get as bothered as I used to about free stuff for everyone when we’re spending $200B (and counting) on a stupid, evil, immoral, illegal and unconstitutional war on Iran on the orders of Israel. I won’t consider any candidate for congress or the presidency unless they repudiate the Israel lobby.

Thetenyear
Thetenyear
14 days ago

Texas could turn blue but I would not put any faith in polling/betting markets. Remember Ann Selzer’s 16 point miss in Iowa in 2024? How about Hong losing in WI after being up 20 points/95 percent in betting markets?

peelo
peelo
13 days ago
Reply to  Thetenyear

And in the CA governor primary, Matt Mahan was at 95 percent in prediction markets, and got about 4 percent of the vote. Someone was intentionally betting to push the prediction market numbers.

john smith the third
john smith the third
14 days ago

I hope Dems win Michigan, but it may be tough. Just the name El-Sayed is enough to turn away lots of voters regardless of the position, and you can bet lots of money will flow to hammer that point. It’s gonna be an ugly racist race.

most of you voted for the uniparty all your lives
most of you voted for the uniparty all your lives
14 days ago

Latest simplicius.

Encore at the Cirque Du Hormuz – The Greatest Show on Earth!
Simplicius
Aug 13, 2026
The unhinged nature of Trump’s Iranian debacle continues to descend into something truly bathetic.

It calls to mind the popular description of the fall of Rome, one variation of which reads something like: “The average Roman citizen hadn’t noticed their empire had collapsed until one day the roads and bridges simply stopped being repaired.”

most of you voted for the uniparty all your lives
most of you voted for the uniparty all your lives
14 days ago

Holy shit.

Particularly at a time when Western media jeers at Putin for allegedly dotting his “Lake Valdai retreat” with an AD shield, and mocks Mojtaba Khamenei for “hiding like a rat”. The President of the United States of America is playing golf enwreathed in concertina wire with a mobile surface-to-air battery as his caddy cart, only days after escaping Turkey in a meat locker, all while US sailors literally fling themselves from the gunwales of Navy flagships to escape a war that has seen every American base in the region get debasified.

Folks. These are not normal times—we may be in the end game here.

Tollsforthee
Tollsforthee
13 days ago

That’s actually an eye-opening list. I feel like we’re all frogs slowly boiling.

peelo
peelo
13 days ago
Reply to  Tollsforthee

Predators stalk the land and eat the seed corn, shared among them. Daddy is burning the family furniture for heat, and taking the credit card to the casino.

Feral Finster
Feral Finster
13 days ago

Any excuse will do when mocking or criticizing the empire’s enemies. When WE do the same thing or worse, then that makes it okay!

Didn’t you go to high school? It’s the cool kids and the loser kids, all the way down.

most of you voted for the uniparty all your lives
most of you voted for the uniparty all your lives
13 days ago
Reply to  Feral Finster

Feral, yes it feels like we never left high school. I, too, have shared that sentiment amongst friends.

Aaaand here comes the announcement from the authoritarian senior administrator with a below-average IQ about another pep rally. Not for the chess team, because we dont have that.

Jojo
Jojo
14 days ago

Keep counting those chickens before they hatch!

Joe Penny
Joe Penny
14 days ago

Winning!!!

Text messages from a sailor aboard the USS Abraham Lincoln reveal no milk in three months and ROTTEN food arriving at sea…

He reportedly wrote that almost nothing fresh makes it out except meat, because only frozen goods survive the supply run, and called it the worst deployment he has been on, with sailors who have far more behind them agreeing it could still get worse.

Add that to the list of grievances, and they become almost too numerous to enumerate…

No hot water for long stretches, laundry down for weeks, hour-long lines at the ship’s store, one sailor eating half a cup of rice and two tortillas.

Multiple sailors have reportedly attempted to jump overboard, and one wife said her husband sits on medical hold now, terrified a 13-year career ends in a dishonorable discharge because he burned out.

The costs that don’t make the gas sign are the ones Americans are actually paying: a thousand dollars a year gone from the average household, eighteen service members killed, and interceptor stockpiles run down to nothing.

All of it rides on the bet that Iran breaks first, which raises a question nobody in Washington wants to answer about who breaks first back home.

https://x.com/MarioNawfal/status/2087717978473112031

Jojo
Jojo
14 days ago
Reply to  Joe Penny

and interceptor stockpiles run down to nothing.”

WRONG! Here’s the correct info but don’t let me interrupt your whacking off for the Iranian Regime.

Pentagon pushes defense companies to boost weapons production after concerns of depleted stocks

Aug 8, 2026

WASHINGTON (AP) — The Pentagon is pressing the U.S. defense industry to accelerate production of weapons to help replenish its diminished stockpile of munitions, including those depleted in the ongoing war with Iran.

Pentagon spokesman Sean Parnell said in a statement Saturday that the department was actively focused on boosting munitions acquisitions to provide “the weapons our warfighters need at the pace the threat demands.” He confirmed department efforts in the last week to significantly speed the process but insisted it was part of a broader modernization effort that predated the five-month-old conflict.

The number of Patriot interceptors fell from 2,330 before the war to 1,030 when the April ceasefire took effect, CSIS estimated last month. Following recent fighting, the stockpile is now estimated to be between 759 and 827, a decrease of at least 65% since before the conflict began.

The number of THAAD interceptors fell from 452 before the war to between 232 and 262 at the start of the April ceasefire, CSIS said. The U.S. was able to replenish some of the inventory to between 234 and 278 interceptors. But the stockpile is still at least 38% smaller than it was before the conflict.

https://apnews.com/article/iran-war-weapons-stockpile-pentagon-defense-industry-c98e042bfd0fd22cd97d15b1fffa322c

top gone
top gone
14 days ago
Reply to  Jojo

Defend a pedo and you are as bad as one

peelo
peelo
13 days ago
Reply to  Jojo

So we borrow more to dump tons of money into a bloated defense industry to top up the needlessly wasted arms. Meanwhile we are already vulnerable, and do not control the straits for lack of missiles and missile defenses (for ourselves and others) . This is due to our track record: failed strategy and tactics. Arms do not appear at the snap of a finger. Our ship of state is already wildly underwater. But we’ll keep the propaganda blaring.

Mr. Bacon
Mr. Bacon
13 days ago
Reply to  Jojo

THAT is your rebuttal to JP?! 😆

Feral Finster
Feral Finster
13 days ago
Reply to  Jojo

So, by your own link. we’ve burned through over half of Patriots and 40% of THAAD, worldwide.

Jojo
Jojo
13 days ago
Reply to  Feral Finster

Why would that be a problem? Weapons are made to be used. They bring no value sitting in inventory. STOOPID…

Feral Finster
Feral Finster
13 days ago
Reply to  Jojo

OK, so we’ve already blasted through about 40% or more of worldwide inventory to get the Straits closed and the Red Sea closed on top of that and no way of changing either. Not to mention Iran has been using US facilities as a punching bag, so we haven’t been able to protect our facilities or our catamites, in spite of profligate use of interceptors.

And that assumes that Russia won’t escalate, that China won’t make a move on Taiwan.

I wonder why the Pentagon hasn’t hired you already?

Last edited 13 days ago by Feral Finster
Jojo
Jojo
13 days ago
Reply to  Mike Shedlock

My reply to Penny was specifically to the statement below:

“and interceptor stockpiles run down to nothing.”

I provided documentation that they NOT “down to nothing”. as you and many others have been implying or saying We have a perfectly adequate supply to deal with the Iranian Regime.

What we don’t have and what seems to be what many are complaining about, is adequate supply IF CHINA SHOULD ATTACK TAIWAN any time soon.

Weapons get USED in warfare. The stock declines. This is normal.

Our problem in the past has been that the process to build and test some of these weapons is artificially extended by foolish CONGRESSIONAL PARTRONAGE considerations. This is not a TRUMP problem alone.

Here’s a relevant article:

Pentagon races to buy 10X more missiles as Iran war dwindles arsenal, threatens readiness for China aggression

Morgan Phillips

11 Aug 2026

Retired Rear Adm. Mark Montgomery says the real lesson from the Iran war is not that the U.S. used too many weapons, but that it entered the conflict without enough high-end munitions in reserve.

The Pentagon is preparing a dramatic course correction after years of purchasing key missile-defense interceptors in relatively modest numbers — even as China built up the world’s largest arsenal of conventional ballistic and cruise missiles and the U.S. increasingly focused on the threat of a conflict in the Indo-Pacific.

Following a string of missile-heavy conflicts, U.S. air defenses have been used repeatedly to protect Israel, American forces in the Middle East and Navy ships in the Red Sea, drawing down some of the Pentagon’s most sophisticated and difficult-to-replace munitions.

The Pentagon’s abrupt course correction raises a question that has taken on new urgency after years of missile-intensive warfare: Why did the U.S. wait so long to build deeper interceptor magazines?

https://www.foxnews.com/politics/pentagon-races-buy-10x-missiles-iran-war-dwindles-arsenal-threatens-readiness-china-aggression

Neil
Neil
13 days ago
Reply to  Jojo

Looks pretty depleted right? You need this Rockets to cover a lot of ground, so they’re spread out.

And the situation on the Abraham Lincoln is a disgrace. But not a surprise, given the leadership talents of hegseth.

Jojo
Jojo
14 days ago
Reply to  Joe Penny

They should be happy they won’t get scurvy these days like wooden ship sailors of old!

No one promised them a rose garden when they VOLUNTARILY signed-up for service.

Sue Ellen
Sue Ellen
14 days ago
Reply to  Jojo

Lil jojo = shameful, cowardly armchair warrior

Neil
Neil
13 days ago
Reply to  Jojo

You must be the happiest person on earth, if “not having scurvy” is the baseline for you when it comes to happiness.

top gone
top gone
14 days ago
Reply to  Joe Penny

all because the molester and thief and his billionaire buddies wanted to molest children and not be punished.

Arthur Orwell
Arthur Orwell
12 days ago
Reply to  top gone

Don’t be ridiculous. You don’t get people to read your stuff or take you seriously by making that sort of unsubstantiated accusation. You may get a bit of applause from people who have the same weaknesses as yourself.

yippee
yippee
13 days ago
Reply to  Joe Penny

from the homeless camps in many us cities and rural counties………to the debt load, and lost wars past 70 years, to an outright flim flam man as commander in chief, who has a cult and has neutered the republican party, like geldings……….the amerikan empire is crumbling. the blue states and counties have effectively already seceded in mind body and spirit. crumbling evil empire 101. democracy works. assholes elect assholes to do asshole things.

peelo
peelo
13 days ago
Reply to  Joe Penny

“a thousand dollars a year gone from the average household,” if referring to tariffs, is popping up as corporate earnings, juicing the stock market.

So Trump gave the better off a tax cut, AND an earnings boost from a (tariff) tax hike on consumers (now with a pass-through to corporations). This cements elite loyalty for Trump. The poor got benefits cuts and a stealth tax hike. Meanwhile government finances are weakened. Segments of society start to run bitterly against each other. They become predatory toward each other.

Nobody practices a purer form of Marxist doctrine (class war) than Trump.

I’m not a bleeding heart urging big free rides for people who manage their own lives and finances poorly, whether they are rich or poor. I’m just trying to counsel some kind of reasonableness and reason. This now poses all kinds of troubles.

Last edited 13 days ago by peelo
Joe Penny
Joe Penny
14 days ago

Yeah, you may want to take a look at Francesca Hong’s (Wisconsin) “betting odds” and how that worked out

Neil
Neil
13 days ago
Reply to  Joe Penny

A 95% chance to win means a loss every 20 times. Not earth shattering i think.

‘Lil Mr.
‘Lil Mr.
14 days ago

The president of the senate presiding over a democratic senate. Now that would send a message.

Flavia
Flavia
13 days ago
Reply to  ‘Lil Mr.

He’d just change parties again, lol.

njbr
njbr
14 days ago

and you were worried about oil? pulling on a different set of strings now…

Crude oil inventories in the United States saw a massive increase of 17.4 million barrels during the week ending August 7, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 424.4 million barrels, according to government data, which are now just 2% below the five-year average for this time of year.

The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inventories had risen by a hefty 9.072 million barrels in the period.

Crude futures sagged in early morning trade after two days of steady gains. At 9:51 a.m. in New York, Brent futures were trading at $88.52 per barrel—down $0.39 (-0.44%) on the day but up roughly $9 per barrel from this same time last week. WTI was also trading slightly down on the day, by $0.44 per barrel (-0.53%) on Wednesday morning at $82.76, up $7.50 per barrel since this time last week.

Tony Frank
Tony Frank
14 days ago

In this particular race, this would be a true blessing as paxton is as bad as taco; close to a clone when it comes to morals, ethics and character. However, in the current state of the world, with the lack of these once important traits, I will have to see it to believe it.

BigBob
BigBob
14 days ago
Reply to  Tony Frank

Most rural Texans are Christian fascist pedophiles. Paxton is one of their own – they love the guy!

Joe Penny
Joe Penny
14 days ago
Reply to  BigBob

Paxton all the way baby!

I’m back robbyrob
I’m back robbyrob
14 days ago

senate my go to a Democratic majority But will that substantially help getting us out of this quicksand we are in?

MPO45v2
MPO45v2
14 days ago

No, the only thing that will get you out is a good exit strategy.

most of you voted for the uniparty all your lives
most of you voted for the uniparty all your lives
14 days ago
Reply to  MPO45v2

Strange that someone down voted that.

Christoball
Christoball
13 days ago
Reply to  MPO45v2

There are races, and languages for a reason. Good luck fitting in.

Feral Finster
Feral Finster
13 days ago
Reply to  Christoball

I never had a problem.

MPO45v2
MPO45v2
13 days ago
Reply to  Christoball

I’m fitting in just fine. races and languages are irrelevant when you have money. Too bad you never learned that lesson.

Feral Finster
Feral Finster
12 days ago
Reply to  MPO45v2

I fit in, even when I was as poor as Job’s turkey.

Joe Penny
Joe Penny
14 days ago

Nope

smm
smm
14 days ago

what was hongs winning percentage prior to her loss?

Sentient
Sentient
13 days ago
Reply to  Mike Shedlock

It would be fitting if Mike Rogers joined Lindsey Graham and John McCain.

Sentient
Sentient
13 days ago
Reply to  Sentient

What?!? I meant in heaven.

Frosty
Frosty
13 days ago
Reply to  Mike Shedlock

Republicans and right wing Sinclair Broadcasting supported El-Saied in the Michigan primary because he was beatable…

Rogers is a clone of Trump.

Joe Penny
Joe Penny
14 days ago
Reply to  smm

Exactly…Hong was a sure thing, until she wasn’t

Creamer
Creamer
14 days ago
Reply to  smm

Her loss by a hair? In a primary election? What is this supposed to prove?

Last edited 14 days ago by Creamer
Jojo
Jojo
14 days ago
Reply to  Creamer

I was disappointed in her loss. She would have been so easy to beat!

cambeiu
cambeiu
14 days ago

Mish, if the Dems manage to take over both the Senate and the House, do you expected impeachment and conviction for Trump?

Rob
Rob
14 days ago
Reply to  cambeiu

Let us hope so.

CaptainCaveman
CaptainCaveman
14 days ago
Reply to  cambeiu

I’ll be happy with complete gridlock and an end to the asinine and evil war. Impeachment would be the cherry on top. Although JD is nothing but a name-shifting Peter Thiel plant, so that’s not going to be good either

J K
J K
14 days ago
Reply to  CaptainCaveman

Vance will do as his Deep State and Zionist demand. Thiel is a douchbag like Musk.

top gone
top gone
14 days ago
Reply to  J K

Thiel is actually a dangerously crazy person. no doubt

Sentient
Sentient
13 days ago
Reply to  top gone

The AI-driven Palantir drones Ukraine is using are programmed – if they miss their primary target – to target anything moving, including kids on bicycles.

Feral Finster
Feral Finster
13 days ago
Reply to  Sentient

From the American perspective, collateral damage is a feature, not a bug.

Creamer
Creamer
13 days ago
Reply to  Sentient

Can we see some citations on that? Palantir doesn’t make drones and autonomous drones haven’t really shown up at all, so I’m curious where your claim is coming from. Certainly not your ass right?

most of you voted for the uniparty all your lives
most of you voted for the uniparty all your lives
14 days ago
Reply to  J K

…musk really is a douchbag. Cant just disagree with a polish pol but tells him “be quiet, little man”. Has so much money he rubs it in everyone ‘s face by offering $1b to Wikipedia to change its name to Dickipedia. (I don’t go out of my way to see what other ways he expresses himself. That’s enough for me to agree with you.). Owes most of his financial success to taxpayers and political connections AFAICT.

El Trumpedo
El Trumpedo
13 days ago
Reply to  CaptainCaveman

Not me … I want to see him shrieking and crying as they haul his fat ass to jail. Always that way with these blubber covered tough guys.

‘Lil Mr.
‘Lil Mr.
14 days ago
Reply to  cambeiu

The house will impeach regardless of the senate. Senate getting 67 votes? Hmm… that’s a stretch. Especially for those whom Taco endorsed. You stand a better chance of removing a cabinet member.

Sentient
Sentient
13 days ago
Reply to  ‘Lil Mr.

True, but it depends on the size of the drubbing. Senators can read the room.

Feral Finster
Feral Finster
13 days ago
Reply to  cambeiu

Impeachment, yes. Impeachment is by simple majority in the House. Conviction would require a 2/3 senate vote, and good luck peeling away the requisite number of Team R senators.

Last edited 13 days ago by Feral Finster
Frosty
Frosty
13 days ago
Reply to  Feral Finster

Correct, Oil industry donations would drop precipitously.

Speaking of oil, my second favorite gas station went up .22 cents for regular overnight…

Who does Trump and the republicans work for?

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