Composite: 56.9% (Risky)
Regime: mixed
Geopolitical: 69.0% (Severe)
Market insight: The Financial Composite Gauge registered 52.9% (Risky), the Overall Gauge hit 56.9% (Risky), and the Geopolitical Layer is 69.0% (Severe). Geopolitical risk is driven by Israel-Gaza ceasefire violations and US seizure of oil tankers near Venezuela. Severe geopolitical stress contrasts with the lower, albeit still Risky, financial composite score.