Option Market "Perspective" on 2026 US Stocks: 30% Chance of 10% Sharp Drop, Beware of "Misery Index"

According to the Zhifubao finance and economics APP, the latest analysis by TS Lombard economist Steven Blitz shows that the options market currently estimates that there is an 8-10% probability that the S&P 500 index will drop by 30% or more at some point in 2026.