Composite: 57.5% (Risky)
Regime: risk off
Geopolitical: 48.8% (Risky)
Market insight: Financial Composite hit 60.4% (Nearly Crash); Overall and Geopolitical layers are 57.5% and 48.8% (Risky). Geopolitical drivers are Trump's Iran armada claim and Russia targeting Ukraine's power grid. High geopolitical risk is pushing the Composite Gauge into the 60.4% Nearly Crash band.