Market Intelligence
Market
Regime · sectors · events · digitalData as of
Oct 5, 2026 · 4:00 PM ET
Current regime
Volatility Transition
Neutral → Defensive · 82% confidence · since Sep 26, 2026
What changed
Volatility12.1% → 17.4%
LiquidityAmple → tightening
Cross-asset correlation0.47 → 0.62
Defensive leadershipRank 6 → rank 1
Momentum breadth68% → 47%
History
Mar 2025
Nov 2025
Jun 2026
Sep 2026
Risk-On Expansion
Mar 2025 · 8 months · Constructive
Broad participation, suppressed volatility, ample liquidity. Technology led with confirming breadth.
Late-Cycle
Nov 2025 · 7 months · Neutral
Leadership narrowed to megacap technology while credit stopped improving. Trend intact, quality falling.
Liquidity Stress
Jun 2026 · 2 months · Cautious
A funding shock briefly lifted correlation across all assets. Resolved without a change in leadership.
Volatility Transition
Sep 2026 · 1 month · Neutral → Defensive
Current regime. Volatility and correlation rising, liquidity tightening, defensive leadership emerging.