Market thermometer
Risk Score
A daily 0-100 score for how much risk we see in the US market. Based on 7 quantitative signals (volatility, credit spreads, breadth, etc.) plus a narrative read of financial X/Twitter.
The market is in a calm, healthy phase. No warning signals.
A good time to buy or hold. Invest as usual.
The score is steady vs recent weeks.
The detailed read
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Updated July 27, 2026
30-day history
Composite score per day
What does this score mean?
0-30 (Low risk): The broader market is healthy. Risk-on environment.
30-50 (Normal): Standard volatility. No extreme signals.
50-70 (Elevated): Stress in parts of the market. Be careful with new positions.
70-100 (High risk): Multiple crash signals are flashing. Think defensively.
This score is not a forecast. A high score means historically there has been more risk in the market — not that a crash will happen tomorrow. Use it as one of several inputs to your own decisions.