The Fractal Market Hypothesis and Gambling - MUSI Shifts to Fragile

As expected, the Market Uncertainty State Indicator (MUSI) has shifted to a Fragile state as Equity Risk crossed its threshold.

Fragile markets are often tied to speculative behavior. Speculating in securities has historically been equated with gambling. But this cycle it appears that actual gambling has infiltrated the investment community, as the boundary between speculating in stocks and gambling in general has become blurred. Currently there is a move to add gambling platforms and "prediction" markets to investment sites.