Composite: 67.2% (Nearly Crash)
Regime: risk off
Geopolitical: 61.1% (Severe)
Market insight: The Financial Composite Gauge registered 69.2% (Nearly Crash), the Overall Gauge hit 67.2% (Nearly Crash), and the Geopolitical Layer is 61.1% (Severe). Key drivers include the Trump administration’s Iran deadline and Houthi expansion into a wider Iranian conflict. These critical thresholds indicate severe systemic fragility as escalating Middle Eastern tensions threaten to destabilize global energy markets.