Composite: 58.5% (Risky)
Regime: risk off
Geopolitical: 60.1% (Severe)
Market insight: The Financial Composite Gauge registered 58.0% (Risky), the Overall Gauge hit 58.5% (Risky), and the Geopolitical Layer is 60.1% (Severe). Primary drivers include direct US-Israeli strikes on Iran and significant shipping threats within the Strait of Hormuz. This severe geopolitical pressure may trigger defensive positioning, potentially decoupling market performance from underlying financial metrics.