2025-11-19 TACO Pressure Index Update: Elevated at 39.94
It is not a forecast of policy decisions; it is a structured way to monitor pressure building across markets. On 2025-11-19, the score printed 39.94/100 in the elevated regime, with equity signal and volatility doing most of the work.
Policy pressure tracker for 2025-11-19: the TACO Pressure Index closed at 39.94/100, signaling a elevated pressure regime as equity signal and volatility shaped the daily read. Includes charts, a component breakdown, and a narrative summary.
Pressure history
Composite score history
Trailing 51 sessions through 2025-11-19
Latest component scores
Today’s component breakdown
S&P 500 equity signal
60.94/100
A 5-session drawdown adds pressure. A 5-session rally adds relief and can partially offset the composite score.
VIX volatility pressure
58.55/100
Higher implied volatility usually means greater market stress.
Inflation expectations pressure
21.60/100
Inflation pressure reflects both the breakeven level and any fresh 5-session rise.
2Y Treasury rate pressure
18.67/100
Rates pressure reflects both the current 2Y level and any fresh 5-session rise.
Method in one paragraph
The TACO Pressure Index converts four live market inputs into comparable component scores and combines them into one composite reading. The equity leg is symmetric: 5-session drawdowns add pressure, while 5-session rallies add relief and can partially offset the total score. Rates, inflation, and volatility still combine a level component with a 5-session change component before the final result is grouped into LOW, ELEVATED, HIGH, and EXTREME regimes.