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The #ceanalyst's #chartoftheday
Jump in Tail Risk yesterday
The tail-risk composite — which blends six independent stress signals into a single 0-100 percentile — jumped to 71.4 yesterday on an unusually large single-day move, crossing its own median for the first time in the current reading cycle. That places it in the upper half of its one-year range (which has run from near-zero to 95.6), signaling a meaningful step-up in aggregate stress rather than an extreme reading. The size of today's move, not the absolute level, is what makes this the chart of the day.
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