macro/HIGH confidence

Risk Appetite Index

Weighted 0-100 composite from all Tier 1 sensor states.

LOW
2d stale
Since Mar 2, 2026

State History

NEUTRAL
RISK ON
EUPHORIA
RISK OFF
CAPITULATION
305 readings|0 state changes|LOW: 100%

State Definitions

NEUTRAL

Balanced risk appetite. No strong directional signal.

RISK ON

Constructive risk environment. Most sensors stable or supportive.

EUPHORIA

Extreme risk appetite. Complacency indicators elevated. Historically fragile.

RISK OFF

Defensive positioning. Several sensors showing stress. Caution warranted.

CAPITULATION

Extreme risk aversion. Multiple sensors in ELEVATED/SEVERE. Historically associated with cycle bottoms.

Sources

Read-only intelligence. Sensor states are diagnostic observations, not predictions.