ThisTracks the Market
Week of October 17, 2026 · updated October 17, 2026
↑ This week's reading is rising 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.
Currently: -2.0% from 1y high
S&P 500 drawdown got worse this week (risk score +35), now at a risk reading of 55/100. How far stocks have pulled back from their recent highs — a rough gauge of how nervous investors are right now.
Currently: 16.46
VIX (volatility) got worse this week (risk score +15), now at a risk reading of 54/100. How confident (or scared) people say they feel about their own finances — sentiment tends to move before spending does.
Currently: 3.23
High-yield credit spread got worse this week (risk score +10), now at a risk reading of 68/100. When this widens, it gets more expensive for businesses and households to borrow — a leading sign that lenders are getting nervous.