2025-11-21 TACO Pressure Index Update: Elevated at 30.01
The index is designed to approximate how market stress can build pressure for a softer policy posture. On 2025-11-21, the score printed 30.01/100 in the elevated regime, with volatility and equity signal doing most of the work.
Fresh macro pressure read for 2025-11-21: the TACO Pressure Index closed at 30.01/100, signaling a elevated pressure regime as volatility and equity signal shaped the daily read. Includes charts, a component breakdown, and a narrative summary.
Pressure history
Composite score history
Trailing 53 sessions through 2025-11-21
Latest component scores
Today’s component breakdown
VIX volatility pressure
48.29/100
Higher implied volatility usually means greater market stress.
S&P 500 equity signal
38.94/100
A 5-session drawdown adds pressure. A 5-session rally adds relief and can partially offset the composite score.
Inflation expectations pressure
19.20/100
Inflation pressure reflects both the breakeven level and any fresh 5-session rise.
2Y Treasury rate pressure
13.60/100
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.