Chicago Fed National Financial Conditions Index (NFCI)
The St. Louis Fed’s Financial Stress Index (STLFSI3) is one index that is supposed to measure stress in the financial system. Its reading as of the May 19, 2022 update (reflecting data through May 13, 2022) is -.8100: source: Federal Reserve Bank of St. Louis, St. Louis Fed Financial Stress Index [STLFSI3], retrieved from FRED, …