This chart shows the contribution of the financial beta to the CFSI. The financial beta measures the contribution of the banking sector to overall stock market volatility. This signals potential insolvency and the strain on bank profitability, relative to broader institutions.
Release: Cleveland Financial Stress Index
Federal Reserve Bank of Cleveland, Contributions to the Cleveland Financial Stress Index: Financial Beta [FINBETAD678FRBCLE], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/FINBETAD678FRBCLE/, July 3, 2015.