The Market Conditions Indices That We Propose Capture Stress

Market conditions indicators capture stress that is broad based across markets, or is it market specific? Only market condition indicators. For example, all the three indicators of marke conditions have spiked during the global financial crisis and the covin 19 crisis. But they also indicated materiot deteriorations of mark condition outside these most severe episdes. The trary mark condition indicator has been rising quickly since early 20 22.