Lower than the Long run average
The Kansas City Feds measure of the stress in the US Financial system fell below the long run average in March.
Above is the chart of that index for your Friday afternoon pleasure. The big spike was of course leading up to – and during – the financial crisis of 2008. Note that the stress index was showing signs of trouble before the proverbial "s&$^ hit the fan".
How’s your financial stress? KC Feds stress of US financial system falls
