World equities drawdown
Where developed-world shares sit on the path from a hot market to washout and repair, from price drawdown plus public volatility data. Research tool only — not financial advice (NFA).
World equities drawdown
Developed-world equities via the iShares MSCI World ETF (URTH), a labelled proxy for MSCI World. Drawdown from the all-time high sets the phase; VIX tilts the label one notch.
Loading global equities…
Phase = drawdown of URTH adjusted close from its all-time high (series starts 12 Jan 2012, so 15Y, 20Y and Max show the same span). Repair: still more than 12% below the high, at least 5% off the low since that high, and higher than three months ago — fear staying high is normal here. Sentiment tilt, one notch only, from VIX vs its own 5-year range: Hot market+ when VIX is in its lowest 10% (complacent), "Hot market but nervous" at the 75th percentile or above, Cooling with rising vol, Washout+ on a VIX spike (90th percentile or ≥30). Greed or low vol is a strength flag only, not a short signal. No top or bottom dates.
Price: iShares MSCI World ETF (URTH, NYSE Arca) adjusted close (dividends reinvested) via Yahoo Finance, used as a proxy — not MSCI index data. MSCI World is a trademark of MSCI Inc.; iShares is a trademark of BlackRock. No endorsement implied.
Sentiment: Chicago Board Options Exchange, CBOE Volatility Index: VIX, via FRED (VIXCLS). View on FRED → As of — (price).
Heuristic state from price and public sentiment. Not a psychology model. Not financial advice.