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MACRO RADAR · May 8, 2026 · 03:15 UTC

· EXPANSION · Gauge: 32.5/100 • BTC:

MACRO RADAR · May 8, 2026, 03:15 UTC

(YoY -3.05%) US M2: $22.69T (YoY +4.57%) ▲ HY Credit Spreads:

Key indicators

US M2
$22.69T (YoY +4.57%)

Risk-on · Neutral

· EXPANSION · Gauge: 32.5/100 • BTC:

$79,303

• ETH:

$2,273

• SOL:

$87.8

• GOLD:

$4,708

SPY:

$731.58

(+1.1%) QQQ:

$694.94

(+2.0%) VIX:

17.1

(-1.8%) TLT:

$85.65

(+0.3%) DXY:

98.2

(+0.2%) OIL:

$95.61

(+0.6%)

Liquidity & Credit

▼ Global CB Liquidity:

$18.22t

(YoY -3.05%) US M2: $22.69T (YoY +4.57%) ▲ HY Credit Spreads:

278bps

CALM (5d: -6bps)

Notable Z-scores

▲ IG Credit Spread: -1.67σ — 2s10s Curve: -1.46σ — Fed Balance Sheet: +1.42σ — 30Y Mortgage Rate: +1.24σ — HY Credit Spread: -1.23σ

Overnight vs US Close

▲ NVDA: +14.7% ▼ BTC: -0.7% ▼ ETH: -0.7%

Top Movers

▲ SLV $71.60 (+8.6%) ▼ XLE $55.95 (-5.9%) ▲ LUNC $0.00009286 (+5.1%) ▲ STX $0.2604 (+4.6%) ▲ KWEB $29.52 (+3.5%) ▲ SMH $540 (+3.3%) ▲ ITA $223 (+3.3%) ▲ QNT $73.09 (+3.2%)

Hegemony Snapback

▲: 0.5/6 —

Normal

If the US topples adversarial regimes and reasserts hegemony, the multipolar mega-trade reverses — stronger dollar, weaker gold, short rates, and EM rotation unwinds — Oil: $100 (>$95) agentcanary.ai | Not financial advice