Composite: 56.3% (Risky)
Regime: mixed
Geopolitical: 65.6% (Severe)
Market insight: The Financial Composite Gauge registered 53.2% (Risky), the Overall Gauge hit 56.3% (Risky), and the Geopolitical Layer is 65.6% (Severe). Geopolitical risks are driven by the EU's Russian asset decision and Israel's strikes on Lebanon. Elevated geopolitical severity suggests external instability is outpacing core financial stress.