Composite: 61.1% (Nearly Crash)
Regime: risk off
Geopolitical: 50.6% (Risky)
Market insight: The Financial Composite was 64.6% and Overall 61.1%, both Nearly Crash; the Geopolitical Layer scored 50.6% (Risky). Top drivers include renewed Russian attacks on Ukrainian cities and Moscow's aid in repelling an ISIL attack in Niger. Despite the Geopolitical layer being only Risky, both major gauges remain firmly in the high-risk Nearly Crash band.