Daily risk briefing ·
Market crash risk on 29 November 2025: 46.3% (Risky)
vs previous day change −1.6 pts vs previous day vs 1 week earlier change +21.1 pts vs 1 week earlier
This briefing was published under methodology v1 (fixed thresholds, trend penalty, regime multiplier). Its numbers are kept as published and are not comparable with v2 readings. See the current methodology.
Game Over Gauge46.3%Broad stress is building (methodology v1).
Financial stress28.7%
Geopolitical risk70.5
Overall risk is 46.3% (Risky). The financial composite is 28.7% (Cautious), while the geopolitical composite is 70.5% (Severe).
Top geopolitical stressors
Intensified Israeli Military Operations and Human Rights Concerns in West Bank (21.4% weight)
US Halts Asylum Decisions, Signaling Policy Disruption (19.1% weight)
Political Instability in Ukraine Following High-Level Resignation (16.7% weight)
Key market indicators
| Indicator | Latest | 5D Δ | Score | Weight |
|---|---|---|---|---|
| US 10Y Treasury Yield (Nominal, %) | 4.00 | -0.06 | 33.33 | 20.00% |
| US 10Y TIPS Real Yield (%, CPI-adjusted) | 1.77 | -0.05 | 59.00 | 25.00% |
| US High Yield OAS (%, BofA ICE) | 3.00 | -0.19 | 0.00 | 30.00% |
| VIX (Implied Volatility) | 17.21 | -6.22 | 15.79 | 15.00% |
| 10Y Term Premium | 0.47 | -0.04 | 49.05 | 10.00% |
| Geopolitical Composite | 70.49 | n/a | 70.49 | 5.00% |
Chart values use methodology v2 (point-in-time backfill), so they differ from the v1 numbers published above.
Show data table
| Date | Total | Financial | Geopolitical | Band |
|---|---|---|---|---|
| 2025-12-12 | 35.4 | 31.9 | 55.3 | Cautious |
| 2025-12-11 | 39.6 | 36.7 | 56.1 | Cautious |
| 2025-12-10 | 45.8 | 43.1 | 61.2 | Cautious |
| 2025-12-09 | 45.3 | 41.7 | 65.7 | Cautious |
| 2025-12-08 | 39.9 | 35.5 | 65.0 | Cautious |
| 2025-12-05 | 42.6 | 37.7 | 70.5 | Cautious |
| 2025-12-04 | 47.1 | 41.4 | 79.1 | Cautious |
| 2025-12-03 | 50.4 | 45.0 | 81.4 | Risky |
| 2025-12-02 | 54.5 | 49.2 | 84.4 | Risky |
| 2025-12-01 | 52.0 | 46.9 | 81.4 | Risky |
| 2025-11-28 | 54.8 | 53.0 | 64.6 | Risky |
| 2025-11-27 | 50.4 | 50.5 | 50.1 | Risky |
| 2025-11-26 | 53.2 | 55.5 | 40.1 | Risky |
| 2025-11-25 | 56.3 | 60.2 | 33.9 | Risky |
| 2025-11-24 | 60.5 | 64.0 | 40.7 | Risky |
| 2025-11-21 | 59.9 | 65.7 | 27.1 | Risky |
| 2025-11-20 | 59.7 | 64.7 | 31.6 | Risky |
| 2025-11-19 | 60.5 | 65.8 | 30.1 | Risky |
| 2025-11-18 | 55.6 | 62.1 | 19.1 | Risky |
| 2025-11-17 | 51.6 | 57.0 | 21.0 | Risky |
| 2025-11-14 | 53.6 | 56.4 | 38.1 | Risky |
Not financial advice. Use the gauge as a risk thermometer, not a timing oracle.