Composite: 46.9% (Risky)
Regime: mixed
Geopolitical: 31.7% (Elevated)
Market insight: The Financial Composite Gauge is 52.0% (Risky), the Overall Gauge is 46.9% (Risky), and Geopolitical risk is 31.7% (Elevated). Key drivers are high Russian casualties in Ukraine and BYD's projected lead in the global EV market. The dual Risky readings suggest sustained market caution driven by elevated geopolitical instability.