Composite: 55.7% (Risky)
Regime: risk off
Geopolitical: 52.9% (Risky)
Market insight: The Financial Composite Gauge registered 56.6% (Risky), the Overall Gauge hit 55.7% (Risky), and the Geopolitical Layer is 52.9% (Risky). The primary drivers are the ongoing Russia-Ukraine conflict and escalating protests in Iran. Elevated systemic risk across all layers suggests continued market caution and defensive positioning.