We're seeing a modest easing today, not a full risk-off pivot. Brent crude slipped to ~$87.84, the 10-year yield backed off to 4.65%, and VIX is calm at 14.92. But don't get too comfortable — inflation's still sticky, Middle East tension is real, crypto greed index is elevated, and tomorrow's Jackson Hole speech is a big wildcard.
The PSI reading at 61 captures all of this. It's a mixed picture: some relief on the surface, but underlying pressures haven't gone away. Stay disciplined, watch those levels, and don't assume the coast is clear just because volatility is muted. Event risk is still high.
The PSI reading at 61 captures all of this. It's a mixed picture: some relief on the surface, but underlying pressures haven't gone away. Stay disciplined, watch those levels, and don't assume the coast is clear just because volatility is muted. Event risk is still high.
