Composite: 56.5% (Risky)
Regime: risk off
Geopolitical: 53.5% (Risky)
Market insight: The Financial Composite Gauge registered 57.5% (Risky), the Overall Gauge hit 56.5% (Risky), and the Geopolitical Layer is 53.5% (Risky). Escalating US-Iran rhetoric and a forming armada (95.0%) dominate risks, followed by the Nipah virus outbreak (42.2%). Extreme geopolitical tension suggests systemic risk, demanding defensive positioning and caution in equity exposure.