Composite: 48.7% (Risky)
Regime: mixed
Geopolitical: 38.6% (Elevated)
Market insight: The Financial Composite Gauge registered 52.1% (Risky), the Overall Gauge hit 48.7% (Risky), and the Geopolitical Layer is 38.6% (Elevated). Geopolitical risk is driven by potential Ukraine-Trump peace talks and escalating Israel-Palestine violence. Elevated geopolitical concerns are contributing to the overall Risky band readings across both primary gauges.