Kalshi has rolled out a new political benchmark that tries to capture the balance of power between Democrats and Republicans in a single number. The product, called the Kalshi American Power Index , or KPOW, is now available on the company’s platform. Kalshi says the index combines current political control with market expectations about where power is likely to move next, creating a continuously updated reading of the U.S. political landscape. Announcing the launch, founder and chief executive Tarek Mansour argued that the flood of political data has made it harder to understand the broader picture. “The American Power Index (KPOW) is live,” Mansour wrote in a social media post. “One number, oscillating between Republicans and Democrats throughout the endless contest for power.” How the Kalshi American Power Index works KPOW runs on a scale from +50D, representing the strongest Democratic position, to +50R, representing the strongest Republican position.…