Financial Turbulence and Systemic Risk: Charts

For a thorough explanation of these indicators, click here.
Shaded areas indicate periods of recession as defined by NBER.
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Financial Turbulence

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WeekRaw TurbulencePercentile Since 1997
8/5/20249.6354.4%
7/29/202422.5489.2%
7/22/202414.7274.8%
7/15/20247.9344.9%
7/8/202410.8160.8%
7/1/202414.9975.5%
6/24/202415.4676.8%