The Market Pulse is a single 0–100 read of the market’s posture, built from six weighted drivers below. Higher = more constructive. It’s explainable: every point traces back to a driver you can inspect.
What’s driving it
Each driver is scored 0–100 and weighted into the composite.
Ample liquidity and steady fund flows keep a bid under risk assets.
Higher-for-longer policy keeps rate-sensitive sectors (utilities, real estate) under pressure.
Major indices hold above their 50- and 200-day averages — the primary trend is up.
Participation is healthy but increasingly concentrated in mega-cap leaders.
Large-cap multiples sit above their long-run average — limited margin for disappointment.
A calm volatility regime; no acute stress signals in credit or rates markets.
AI market brief
The overall read is constructive but not euphoric: liquidity and trend are doing the heavy lifting, while valuation and rates argue for selectivity rather than chasing.
Leadership remains concentrated in large-cap quality. Breadth is adequate but narrowing — a market that rewards owning the strongest balance sheets over the broadest basket.
The main risk to the thesis is a rates surprise: a hotter-than-expected inflation print would pressure the most rate-sensitive and richly-valued names first.
Structured read derived from the drivers. Becomes a live Claude-written brief once an Anthropic key is connected.
What to watch
- Inflation prints (CPI / PCE) — the single biggest swing factor for rates and multiples.
- Central-bank guidance (Fed / ECB) — tone matters more than the move itself.
- Breadth — whether participation broadens beyond mega-caps or narrows further.
How the signal is computed
Composite = weighted average of the six driver scores: Σ(score × weight) ÷ Σ(weight). See the full method in the Guide.