ThisTracks

The Economic Watch Desk

ThisTracks the Market

Should I Be Worried?

Week of September 24, 2026 · updated September 24, 2026

43 Normal

→ This week's reading is steady compared to last week.

This is a gauge, not a crystal ball. It reflects where economic stress indicators sit today — it does not predict what markets will do next.

What moved this week

VIX (volatility)

Currently: 14.21

VIX (volatility) eased this week (risk score -11), now at a risk reading of 33/100. How confident (or scared) people say they feel about their own finances — sentiment tends to move before spending does.

S&P 500 drawdown

Currently: -1.2% from 1y high

S&P 500 drawdown eased this week (risk score -10), now at a risk reading of 45/100. How far stocks have pulled back from their recent highs — a rough gauge of how nervous investors are right now.

Investment-grade spread

Currently: 0.77

Investment-grade spread eased this week (risk score -4), now at a risk reading of 13/100. When this widens, it gets more expensive for businesses and households to borrow — a leading sign that lenders are getting nervous.

What to do about it