@import url("https://fonts.googleapis.com/css2?family=DM+Mono:wght@400;500&family=DM+Sans:wght@400;500;600;700&family=Manrope:wght@400;500;600;700;800&display=swap");:root{--paper:#efeee8;--paper-light:#f8f7f2;--ink:#202a27;--ink-soft:#384440;--muted:#737b73;--line:#d9d9cf;--acid:#d1ee73;--acid-dark:#a9c64d;--red:#e86548;--teal:#5c958b;--mono:"DM Mono",monospace;--sans:"DM Sans",Arial,sans-serif;--display:"Manrope","DM Sans",Arial,sans-serif}*{box-sizing:border-box}html{scroll-behavior:smooth;scroll-padding-top:25px}body{margin:0;background:var(--paper);color:var(--ink);font-family:var(--sans);font-size:14px;-webkit-font-smoothing:antialiased}a,button,input,textarea{font:inherit}button{color:inherit}a:focus-visible,button:focus-visible,input:focus-visible,textarea:focus-visible{outline:3px solid var(--red);outline-offset:3px}button:disabled{cursor:not-allowed;opacity:.48}::-moz-selection{background:var(--acid);color:var(--ink)}::selection{background:var(--acid);color:var(--ink)}.workspace{min-height:100vh;display:grid;grid-template-columns:218px minmax(0,1fr)}.rail{position:sticky;top:0;height:100vh;padding:29px 20px 23px;background:var(--ink);color:#f1f0e8;display:flex;flex-direction:column;z-index:5}.brand{display:flex;gap:11px;align-items:center;text-decoration:none;color:#f7f7ef;font:800 13px/1.04 var(--display);letter-spacing:1.2px}.brand-glyph{height:34px;width:34px;display:grid;place-items:center;position:relative;background:var(--acid);color:var(--ink);font:800 22px/1 var(--display);transform:rotate(-4deg)}.brand-glyph i{position:absolute;height:7px;width:7px;right:-3px;top:-3px;background:var(--red);border:2px solid var(--ink)}.rail-label{display:flex;justify-content:space-between;margin:59px 0 13px;padding-bottom:9px;border-bottom:1px solid #45514b;color:#87918a;font:10px var(--mono);letter-spacing:.7px}.rail-label span{color:#66726a}.rail-nav{display:grid;gap:5px}.rail-nav a{display:flex;align-items:center;gap:11px;padding:12px 9px;color:#aab2a9;text-decoration:none;font-size:12px;transition:background .18s,color .18s}.rail-nav a.selected,.rail-nav a:hover{background:#2d3933;color:var(--acid)}.rail-nav a span{font:10px var(--mono);color:#77827a}.rail-nav a.selected span{color:var(--acid)}.rail-bottom{margin-top:auto}.live-indicator{display:flex;align-items:center;gap:8px;color:#b6b7a5;font:9px var(--mono);letter-spacing:.4px}.live-indicator i,.result-live i,.signal-dot{height:7px;width:7px;border-radius:100%;background:var(--red);box-shadow:0 0 0 3px #e8654825}.live-indicator.online i{background:var(--acid);box-shadow:0 0 0 3px #d1ee7320}.rail-bottom p{margin:10px 0 31px;color:#818a80;font:11px/1.65 var(--mono)}.edition{display:flex;gap:9px;align-items:center;padding-top:14px;border-top:1px solid #45514b;color:var(--acid);font:800 12px var(--display)}.edition span{color:#7f8980;font:8px/1.6 var(--mono);letter-spacing:.4px}.page{width:100%;max-width:1660px;margin:auto;padding:0 clamp(25px,5.2vw,84px);min-width:0}.masthead{height:72px;display:flex;align-items:center;justify-content:space-between;border-bottom:1px solid var(--line)}.back-top,.board-meta,.control-label,.counterfactual-body>span,.counterfactual-title,.crumb,.export-button,.fingerprint-foot,.footer-brand small,.impact-foot,.impact-rule,.juror-evidence>span,.juror-risk span,.juror-top,.note-top,.notional-box>span,.opening-foot,.overline,.quant-bottom,.quant-intro .section-index,.quant-metric small,.quant-metric>span,.quant-source,.range-captions,.result-cap,.scenario-dollar small,.scenario-footnote,.scenario-impact span,.scenario-meta,.section-index,.signal,.source-note,.text-action,.underneath-cap,.underneath-foot,.underneath-index,.underneath-loss,.underneath-weight{font-family:var(--mono)}.crumb{font-size:10px;letter-spacing:.8px;color:#6d776e}.crumb span{padding:0 8px;color:var(--red)}.masthead-right{gap:19px}.masthead-right,.signal{display:flex;align-items:center}.signal{gap:7px;color:#667168;font-size:9px;letter-spacing:.4px}.signal svg{color:var(--teal)}.export-button{display:flex;align-items:center;gap:7px;border:1px solid #bec2b7;background:transparent;padding:9px 11px;font-size:9px;letter-spacing:.35px;cursor:pointer;transition:.15s}.export-button:not(:disabled):hover{border-color:var(--ink);background:var(--ink);color:var(--paper-light)}.error-banner{margin-top:15px;padding:12px 14px;background:#f8ded7;border:1px solid #e4aa9d;color:#7f2c20;font-size:12px}.opening{display:grid;grid-template-columns:1fr .81fr;gap:clamp(35px,7vw,108px);padding:73px 0 51px;align-items:center}.overline{display:flex;align-items:center;gap:11px;color:#677166;font-size:9px;letter-spacing:1.05px}.overline-mark{height:8px;width:8px;background:var(--red);transform:rotate(45deg)}.overline-divider{height:1px;width:25px;background:#a8aba1}.opening h1{font:600 clamp(49px,6.1vw,88px)/.97 var(--display);letter-spacing:-.07em;margin:25px 0 20px}.fracture-header h2 em,.opening h1 em{color:var(--red);font-style:normal}.opening-deck{max-width:485px;color:#6d766d;font-size:15px;line-height:1.72;margin:0}.opening-foot{display:flex;gap:18px;margin-top:35px;font-size:8px;letter-spacing:.6px;color:#798177}.opening-foot span:last-child{color:#959990}.thesis-card{background:var(--paper-light);border:1px solid var(--line);padding:23px 24px 16px;box-shadow:8px 8px 0 #dfded5}.thesis-top{display:flex;align-items:center;justify-content:space-between}.thesis-top svg{color:var(--red)}.section-index{display:block;color:#82877c;font-size:9px;letter-spacing:.8px}.thesis-top h2{font:600 18px var(--display);letter-spacing:-.5px;margin:7px 0 17px}.thesis-card textarea{width:100%;min-height:129px;resize:vertical;background:#f0efe9;border:1px solid #dcddd4;padding:14px;color:#455049;font:13px/1.75 var(--sans)}.thesis-bottom{justify-content:space-between;gap:12px;margin-top:14px;color:#8b9087;font:9px var(--mono)}.text-action,.thesis-bottom{display:flex;align-items:center}.text-action{gap:7px;border:0;background:var(--ink);color:var(--acid);padding:11px 12px;font-size:9px;letter-spacing:.2px;cursor:pointer;white-space:nowrap}.text-action:hover:not(:disabled){background:var(--red);color:white}.thesis-suggestions{display:flex;align-items:flex-start;gap:11px;margin-top:14px}.thesis-suggestions>span{flex:0 0 auto;padding-top:7px;color:#858a80;font:8px var(--mono);letter-spacing:.35px}.thesis-suggestion-list{display:flex;flex-wrap:wrap;gap:6px}.thesis-suggestion-list button{border:1px solid #d9d9cf;background:transparent;padding:6px 8px;color:#59645c;font:8px/1.35 var(--mono);cursor:pointer;transition:background .16s,border-color .16s,color .16s}.thesis-suggestion-list button:hover{border-color:var(--ink);background:var(--ink);color:var(--acid)}.thesis-rule{display:flex;align-items:center;gap:7px;margin-top:21px;color:#93968d;font:8px var(--mono);letter-spacing:.3px}.thesis-rule i{height:1px;flex:1;background:#dcddd3}.signal-strip{min-height:83px;border-top:1px solid #c9cbc0;border-bottom:1px solid #c9cbc0;gap:24px}.signal-stamp,.signal-strip{display:flex;align-items:center}.signal-stamp{width:145px;justify-content:space-between;padding-right:20px;border-right:1px solid var(--line);font:8px/1.5 var(--mono);letter-spacing:.4px;color:#858a80}.signal-stamp svg{color:var(--red)}.holding-stamps{flex:1;flex-wrap:wrap}.holding-stamps,.holding-stamps>span{display:flex;align-items:center;gap:8px}.holding-stamps>span{padding:7px 9px;background:#e7e7df;font:10px var(--mono);color:#34403a}.holding-stamps small{font-size:8px;color:#899087}.signal-caption{min-width:158px;display:grid;grid-template-columns:8px 1fr;-moz-column-gap:8px;column-gap:8px;align-items:center;color:#667268;font:8px var(--mono);letter-spacing:.3px}.signal-caption .signal-dot{grid-row:span 2;height:6px;width:6px;background:var(--teal);box-shadow:none}.signal-caption small{grid-column:2;color:#969a91;font-size:8px;margin-top:4px;letter-spacing:0}.section-block{padding:77px 0 73px}.section-heading{display:flex;align-items:end;justify-content:space-between;gap:40px;margin-bottom:27px}.section-heading-main h2{font:600 clamp(32px,4vw,51px)/1.06 var(--display);letter-spacing:-.065em;margin:10px 0 0;max-width:620px}.section-heading>p{max-width:370px;margin:0 0 2px;color:#777e74;font-size:12px;line-height:1.7}.xray-layout{display:grid;grid-template-columns:1.2fr .8fr;gap:20px;align-items:stretch}.sector-board{background:var(--paper-light);border:1px solid var(--line);padding:21px 23px 15px}.board-meta{display:flex;justify-content:space-between;padding-bottom:14px;border-bottom:1px solid #e0e0d8;color:#899086;font-size:8px;letter-spacing:.5px}.sector-line{position:relative;width:100%;display:grid;grid-template-columns:minmax(130px,1.1fr) minmax(70px,1fr) 48px 16px;align-items:center;gap:13px;padding:13px 3px;border:0;border-bottom:1px solid #e7e6df;background:transparent;text-align:left;cursor:pointer}.sector-line.is-selected,.sector-line:hover{background:#efefe8}.sector-name{display:flex;align-items:center;gap:10px;color:#35413a;font-size:11px}.sector-name b{color:#a0a399;font:8px var(--mono)}.sector-track{height:5px;background:#e5e6dc;overflow:hidden}.sector-track i{display:block;height:100%;transition:width .35s ease}.sector-number{text-align:right;font:10px var(--mono);color:#36423b}.sector-arrow{color:var(--red);opacity:0;transition:opacity .15s,transform .15s}.sector-line.is-selected .sector-arrow,.sector-line:hover .sector-arrow{opacity:1;transform:translateX(2px)}.fingerprint-foot{display:flex;justify-content:space-between;gap:8px;padding-top:13px;color:#92978d;font-size:8px;letter-spacing:.25px}.fingerprint-foot span:first-child{color:#be5b44}.exposure-note{display:flex;flex-direction:column;background:#dfe1d8;border:1px solid #d2d4cb;padding:21px 22px 16px}.note-top{display:flex;justify-content:space-between;align-items:center;color:#82877c;font-size:8px;letter-spacing:.45px}.note-top svg{color:var(--red)}.note-lede{font:600 24px/1.12 var(--display);letter-spacing:-.05em;margin:16px 0}.security-list{border-top:1px solid #c9ccc1}.security-row{display:grid;grid-template-columns:23px minmax(66px,82px) minmax(0,1fr) 48px;gap:9px;align-items:center;padding:9px 0;border-bottom:1px solid #ced0c6}.security-rank{font:8px var(--mono);color:#a0a397}.security-row strong{font:600 11px var(--mono)}.security-row strong,.security-sector{min-width:0;overflow:hidden;text-overflow:ellipsis;white-space:nowrap}.security-sector{color:#82877e;font-size:10px}.security-row>b{text-align:right;font:10px var(--mono)}.overlap-note{display:flex;align-items:end;justify-content:space-between;margin-top:auto;padding-top:15px}.overlap-note>div:first-child{display:flex;flex-direction:column;gap:5px;font:8px var(--mono);color:#82877e}.overlap-note strong{font:600 27px var(--display);letter-spacing:-1px;color:var(--red)}.overlap-mini{display:flex;flex-direction:column;align-items:flex-end;gap:5px;color:#747d72;font:8px var(--mono)}.source-note{margin:13px 0 0;color:#989c91;font-size:7px;line-height:1.5}.fracture-section{position:relative;overflow:hidden;margin:0 calc(clamp(25px,5.2vw,84px) * -1);padding:65px clamp(25px,5.2vw,84px) 28px;background:var(--ink);color:#f0f0e7}.fracture-section:after{position:absolute;content:"";width:340px;height:340px;right:-180px;top:170px;border:1px solid #65716830;border-radius:50%;box-shadow:0 0 0 42px #65716812,0 0 0 86px #6571680d;pointer-events:none}.fracture-header{position:relative;z-index:1;display:flex;align-items:center;justify-content:space-between;min-height:194px;margin-bottom:31px}.light-index{color:#94a094}.fracture-header h2{margin:13px 0 12px;font:600 clamp(42px,5.5vw,69px)/.97 var(--display);letter-spacing:-.07em}.fracture-header h2 em{color:var(--acid)}.fracture-header p{max-width:500px;margin:0;color:#a6aea4;font-size:12px;line-height:1.75}.fracture-orbit{position:relative;width:220px;height:190px;margin-right:8%;flex:0 0 220px}.orbit-ring{position:absolute;border:1px solid #8793864f;border-radius:50%;transform:rotate(-28deg)}.ring-a{width:210px;height:99px;left:4px;top:48px}.ring-b{width:146px;height:188px;left:37px;top:2px;transform:rotate(44deg)}.orbit-ring:after{content:"";position:absolute;width:7px;height:7px;border-radius:50%;background:var(--red);right:13%;top:14%}.ring-b:after{background:var(--acid);left:13%;right:auto;top:79%}.orbit-center{position:absolute;top:53px;left:59px;width:102px;height:102px;border-radius:50%;background:var(--acid);color:var(--ink);display:flex;flex-direction:column;align-items:center;justify-content:center;box-shadow:0 0 0 8px #d1ee731a}.orbit-center span{font:8px/1.35 var(--mono);text-align:center;letter-spacing:.4px}.orbit-center strong{font:600 22px var(--display);letter-spacing:-1px}.orbit-label{position:absolute;color:#88948a;font:7px var(--mono);letter-spacing:.55px}.orbit-top{left:69px;top:0}.orbit-side{right:-20px;bottom:34px}.fracture-grid{position:relative;z-index:1;display:grid;grid-template-columns:1fr 1fr;gap:12px}.fracture-controls,.fracture-result,.fracture-underneath{border:1px solid #49564e;background:#26322d}.fracture-controls{padding:22px 23px 19px}.control-block+.control-block{margin-top:24px;padding-top:19px;border-top:1px solid #465149}.control-label{display:flex;justify-content:space-between;align-items:center;gap:10px;color:#a1ab9f;font-size:8px;letter-spacing:.55px}.control-label label{cursor:pointer}.sector-picker{display:flex;gap:6px;flex-wrap:wrap;margin-top:12px}.sector-picker button{padding:7px 9px;border:1px solid #4b5a4f;background:transparent;color:#aeb7ac;font-size:9px;cursor:pointer;transition:.15s}.sector-picker button:hover{border-color:#96a78a;color:#fff}.sector-picker button.active{background:var(--acid);border-color:var(--acid);color:var(--ink);font-weight:700}.shock-value{color:var(--red)}.limit-value,.shock-value{font:500 21px var(--display);letter-spacing:-.7px}.limit-value{color:var(--acid)}.range-input{display:block;width:100%;height:5px;margin:17px 0 8px;-webkit-appearance:none;-moz-appearance:none;appearance:none;background:linear-gradient(to right,var(--red) 0,var(--red) var(--range-progress),#566258 var(--range-progress),#566258 100%);cursor:pointer}.limit-range{background:linear-gradient(to right,var(--acid) 0,var(--acid) var(--range-progress),#566258 var(--range-progress),#566258 100%)}.range-input::-webkit-slider-thumb{height:15px;width:15px;-webkit-appearance:none;appearance:none;border-radius:0;transform:rotate(45deg);background:var(--red);border:2px solid var(--ink)}.limit-range::-webkit-slider-thumb{background:var(--acid)}.range-input::-moz-range-thumb{height:11px;width:11px;border:2px solid var(--ink);border-radius:0;transform:rotate(45deg);background:var(--red)}.limit-range::-moz-range-thumb{background:var(--acid)}.range-captions{display:flex;justify-content:space-between;color:#7c897f;font-size:7px;letter-spacing:.25px}.fracture-result{position:relative;padding:22px 23px 17px;background:#202a26}.result-cap{justify-content:space-between;gap:10px;color:#99a497;font-size:8px;letter-spacing:.5px}.result-cap,.result-live{display:flex;align-items:center}.result-live{gap:6px;color:#829085;font-size:7px}.result-live i{height:5px;width:5px;background:var(--acid);box-shadow:none}.result-number{margin:19px 0 3px;color:var(--acid);font:600 clamp(61px,7vw,91px)/.9 var(--display);letter-spacing:-.09em}.result-number small{font:500 27px var(--display);letter-spacing:-1px}.result-impossible{color:var(--red);font-size:51px;letter-spacing:-.07em}.result-desc{min-height:42px;max-width:450px;color:#a7b0a7;font-size:11px;line-height:1.65;margin:11px 0 20px}.result-desc b{color:#f1f1e7;font-weight:600}.fracture-suggestion{display:inline-flex;align-items:center;gap:7px;margin:-8px 0 13px;padding:8px 9px;border:1px solid #59675c;border-radius:2px;background:#2a3630;color:var(--acid);font:7px var(--mono);letter-spacing:.2px;cursor:pointer;transition:background .16s,border-color .16s}.fracture-suggestion:hover{border-color:var(--acid);background:#344238}.impact-rule{display:flex;justify-content:space-between;gap:10px;padding-top:13px;border-top:1px solid #465148;color:#87948a;font-size:7px;letter-spacing:.3px}.impact-rule strong{color:#a2ada0;font-weight:400}.impact-rule strong b{margin-left:6px;color:#f0f0e7;font:500 11px var(--mono)}.impact-track{position:relative;height:7px;margin:12px 0 5px;background:#465249}.impact-track i{display:block;height:100%;background:var(--red);transition:width .2s}.impact-track span{position:absolute;top:-4px;height:15px;width:1px;background:var(--acid);transition:left .2s}.impact-foot{color:#879188;font-size:7px}.impact-foot,.notional-box{display:flex;justify-content:space-between}.notional-box{align-items:center;margin-top:14px;padding:10px 11px;background:#2a3630}.notional-box>span{font-size:7px;letter-spacing:.3px;color:#98a295}.notional-box strong{color:#ff866d;font:600 16px var(--display)}.fracture-underneath{grid-column:1/-1;padding:18px 22px 13px}.underneath-cap{display:flex;justify-content:space-between;gap:8px;padding-bottom:11px;border-bottom:1px solid #49564e;color:#98a396;font-size:8px;letter-spacing:.45px}.underneath-list{display:grid;grid-template-columns:1fr 1fr;-moz-column-gap:30px;column-gap:30px}.underneath-row{display:grid;grid-template-columns:22px 49px minmax(35px,1fr) 43px 67px;align-items:center;gap:9px;min-height:39px;border-bottom:1px solid #3b4840}.underneath-index{font-size:8px;color:#718077}.underneath-row strong{font:500 10px var(--mono);color:#e6e8dc}.underneath-bar{height:4px;background:#46534a}.underneath-bar i{display:block;height:100%;background:var(--teal)}.underneath-loss,.underneath-weight{text-align:right;font-size:8px;color:#b5beb2}.underneath-loss{color:#ef8c75}.empty-underneath{grid-column:1/-1;color:#abb5a8;font-size:11px}.underneath-foot{display:flex;justify-content:space-between;margin-top:10px;color:#7e8b80;font-size:7px;letter-spacing:.35px}.method-note{position:relative;z-index:1;display:flex;gap:9px;margin:17px 2px 0;color:#859187;font-size:10px;line-height:1.6}.method-note svg{flex:0 0 14px;margin-top:1px;color:var(--acid)}.method-note b{color:#d4d9cd;font-weight:500}.scenario-grid{display:grid;grid-template-columns:repeat(5,minmax(0,1fr));border:1px solid var(--line);background:var(--paper-light)}.scenario-card{display:flex;flex-direction:column;text-align:left;min-height:232px;padding:16px 15px 14px;border:0;border-right:1px solid var(--line);background:transparent;cursor:pointer;transition:background .18s,transform .18s}.scenario-card:last-child{border-right:0}.scenario-active,.scenario-card:hover{background:#e3e5db}.scenario-card:hover{transform:translateY(-3px)}.scenario-meta{display:flex;align-items:center;justify-content:space-between;color:#8a8e83;font-size:7px;letter-spacing:.3px}.scenario-meta svg{color:var(--red)}.scenario-card h3{min-height:35px;margin:18px 0 6px;font:600 13px var(--display);letter-spacing:-.25px}.scenario-card>p{min-height:41px;margin:0;color:#858a80;font-size:10px;line-height:1.5}.scenario-bar{height:4px;background:#e2e2d9;margin-top:auto}.scenario-bar i{display:block;height:100%;background:var(--red);transition:width .2s}.scenario-impact{display:flex;align-items:baseline;justify-content:space-between;margin-top:10px}.scenario-impact strong{font:600 18px var(--display);letter-spacing:-.6px;color:#bc513d}.scenario-impact span{font-size:6px;letter-spacing:.2px;color:#969a8e}.scenario-dollar{margin-top:7px;color:#535e54;font:9px var(--mono)}.scenario-dollar small{font-size:7px;color:#979b90}.scenario-footnote{display:flex;align-items:center;gap:7px;margin:14px 0 0;color:#898e83;font-size:8px;letter-spacing:.1px}.scenario-footnote svg{color:#bf684e}.quant-section{display:grid;grid-template-columns:.66fr 1.34fr;gap:50px;padding:76px 0;background:#e4e5dc;border-top:1px solid #d0d2c8;border-bottom:1px solid #d0d2c8}.quant-intro h2{margin:15px 0;font:600 40px/.98 var(--display);letter-spacing:-.07em}.quant-intro>p{max-width:280px;color:#737b72;font-size:11px;line-height:1.75}.quant-source{display:block;margin-top:22px;color:#969a8f;font-size:7px;line-height:1.6}.quant-board{display:grid;grid-template-columns:1fr 1fr;border-top:1px solid #c5c9be;border-left:1px solid #c5c9be}.quant-metric{min-height:126px;display:flex;flex-direction:column;justify-content:center;padding:17px 19px;border-right:1px solid #c5c9be;border-bottom:1px solid #c5c9be}.quant-metric>span{color:#82887d;font-size:8px;letter-spacing:.3px}.quant-metric strong{margin:9px 0 3px;font:600 clamp(26px,3vw,37px) var(--display);letter-spacing:-1.8px;color:#26322c}.quant-metric small{color:#92978c;font-size:7px}.quant-bottom{grid-column:1/-1;display:flex;justify-content:space-between;flex-wrap:wrap;gap:10px;padding:14px 3px 0;color:#81877c;font-size:7px;letter-spacing:.2px}.quant-bottom b{margin-left:5px;color:#404b42;font-weight:500}.jury-section{padding:74px 0 83px}.market-evidence{margin:20px 0 15px;border:1px solid var(--line);background:#e5e5dc;padding:17px 19px 13px}.market-evidence-head{display:flex;justify-content:space-between;gap:14px;padding-bottom:12px;border-bottom:1px solid #cccec3;color:#85897e;font:7px var(--mono);letter-spacing:.45px}.macro-reading-list{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));border-bottom:1px solid #cccec3}.macro-reading{display:flex;flex-direction:column;gap:6px;padding:14px 13px 12px 0;color:inherit;text-decoration:none;border-right:1px solid #cccec3}.macro-reading+.macro-reading{padding-left:15px}.macro-reading:last-of-type{border-right:0}.headline-item small,.headline-item>span,.macro-reading small,.macro-reading>span{color:#85897e;font:7px var(--mono);letter-spacing:.15px}.macro-reading strong{color:#26322c;font:500 23px var(--display);letter-spacing:-.7px}.headline-list{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:0}.headline-item{display:flex;flex-direction:column;gap:8px;padding:14px 13px 11px 0;text-decoration:none;border-right:1px solid #cccec3;color:#26322c}.headline-item+.headline-item{padding-left:15px}.headline-item:last-of-type{border-right:0}.headline-item>strong{font:500 12px/1.4 var(--display)}.headline-item:hover>strong{color:#c9563d;text-decoration:underline;text-underline-offset:3px}.evidence-empty{grid-column:1/-1;margin:0;padding:14px 0;color:#7e8379;font-size:10px;line-height:1.6}.evidence-caveat{margin:0;padding-top:10px;border-top:1px solid #cccec3;color:#8d9187;font-size:8px;line-height:1.5}.jury-grid{display:grid;grid-template-columns:repeat(5,minmax(0,1fr));border:1px solid var(--line);background:var(--paper-light)}.juror{min-height:250px;padding:17px 14px 13px;border-right:1px solid var(--line);display:flex;flex-direction:column}.juror:last-child{border-right:0}.juror-top{display:flex;justify-content:space-between;align-items:center;color:#94988e;font-size:7px;letter-spacing:.3px}.juror-mark{font:500 17px var(--display);color:var(--red)}.juror-1 .juror-mark,.juror-4 .juror-mark{color:#829344}.juror h3{margin:18px 0 9px;font:600 14px var(--display);letter-spacing:-.35px}.juror>p{margin:0;color:#747c72;font-size:10px;line-height:1.65}.juror-evidence{margin-top:auto;padding-top:13px;color:#82887e;font-size:8px;line-height:1.5}.juror-evidence>span,.juror-risk span{display:block;margin-bottom:5px;color:#9a9d92;font-size:6px;letter-spacing:.55px}.juror-risk{display:flex;align-items:center;justify-content:space-between;margin-top:10px;padding-top:8px;border-top:1px solid #e2e2d9}.juror-risk span{margin:0}.juror-risk b{font:8px var(--mono);color:#bf5c45}.counterfactual{display:grid;grid-template-columns:.7fr 1.3fr;margin-top:15px;border:1px solid #c9cbc0;background:#e3e3d9}.counterfactual-title{display:flex;align-items:center;gap:10px;padding:18px;color:#737e72;font-size:8px;letter-spacing:.4px;border-right:1px solid #c9cbc0}.counterfactual-title svg{color:var(--red)}.counterfactual-body{padding:17px 20px}.counterfactual-body>span{color:#9a8172;font-size:7px;letter-spacing:.45px}.counterfactual-body p{margin:9px 0 0;color:#59645b;font-size:11px;line-height:1.5}.footer{display:grid;grid-template-columns:1fr 1.8fr auto;align-items:center;gap:27px;padding:19px 0 26px;border-top:1px solid var(--line)}.footer-brand{display:flex;align-items:center;gap:9px;font:700 9px var(--mono);letter-spacing:.4px}.footer-brand small{display:block;margin-top:3px;color:#898f84;font-size:6px;letter-spacing:.25px}.small-glyph{width:26px;height:26px;font-size:17px}.footer p{margin:0;color:#898e83;font-size:8px;line-height:1.6}.back-top{display:flex;align-items:center;gap:5px;border:0;background:transparent;color:#646f65;font-size:7px;white-space:nowrap;cursor:pointer}.back-top:hover{color:var(--red)}.loading-block{min-height:100px;display:flex;align-items:center;gap:11px;padding:20px;background:#e5e5dc;color:#777f74;font:9px var(--mono);letter-spacing:.35px}.loading-light{background:#26322d;color:#acb5a8}.loading-mark{height:26px;width:26px;display:grid;place-items:center;background:var(--acid);color:var(--ink);animation:rotate 2.4s linear infinite}@keyframes rotate{to{transform:rotate(1turn)}}.sr-only{position:absolute;width:1px;height:1px;padding:0;margin:-1px;overflow:hidden;clip:rect(0,0,0,0);white-space:nowrap;border:0}@media(max-width:1200px){.opening{gap:40px}.scenario-card{padding:13px 10px}.scenario-impact strong{font-size:16px}.juror{padding:15px 11px}.fracture-orbit{margin-right:2%}}@media(max-width:980px){.workspace{grid-template-columns:1fr}.rail{position:sticky;top:0;width:100%;height:auto;min-height:67px;padding:10px 21px;display:flex;flex-direction:row;align-items:center;justify-content:space-between}.brand{font-size:11px}.brand-glyph{width:31px;height:31px}.rail-bottom,.rail-label{display:none}.rail-nav{display:flex;gap:3px}.rail-nav a{padding:10px 9px;font-size:10px}.rail-nav a span{display:none}.page{max-width:none}.opening{padding-top:55px}.scenario-grid{grid-template-columns:repeat(3,1fr)}.scenario-card:nth-child(3){border-right:0}.scenario-card:nth-child(n+4){border-top:1px solid var(--line)}.jury-grid{grid-template-columns:repeat(3,1fr)}.juror:nth-child(3){border-right:0}.juror:nth-child(n+4){border-top:1px solid var(--line)}.fracture-grid{grid-template-columns:1fr 1fr}.fracture-underneath{grid-column:1/-1}.quant-section{gap:27px}}@media(max-width:700px){.market-evidence{padding:14px}.market-evidence-head{flex-direction:column;gap:6px}.headline-list,.macro-reading-list{grid-template-columns:1fr}.headline-item,.headline-item+.headline-item,.macro-reading,.macro-reading+.macro-reading{padding:12px 0;border-right:0;border-bottom:1px solid #cccec3}.headline-item:last-of-type,.macro-reading:last-of-type{border-bottom:0}.rail{align-items:flex-start;flex-wrap:wrap;gap:9px;padding:10px 16px}.rail-nav{order:2;width:100%;justify-content:space-between;overflow-x:auto}.rail-nav a{padding:7px 8px;white-space:nowrap}.rail-nav a span{display:inline}.brand{margin-right:auto}.page{padding:0 20px}.masthead{height:57px}.signal{display:none}.opening{grid-template-columns:1fr;padding:42px 0 37px;gap:30px}.opening h1{font-size:clamp(51px,12vw,75px)}.opening-deck{font-size:13px}.thesis-card{padding:19px}.signal-strip{align-items:flex-start;flex-wrap:wrap;gap:12px;padding:14px 0}.signal-stamp{width:auto;min-width:100%;border-right:0;border-bottom:1px solid var(--line);padding:0 0 9px}.signal-stamp svg{margin-right:2px}.holding-stamps{gap:5px}.holding-stamps>span{padding:6px}.signal-caption{min-width:100%;margin-top:4px}.section-block{padding:55px 0}.section-heading{display:block}.section-heading>p{margin-top:13px}.section-heading-main h2{font-size:39px}.xray-layout{grid-template-columns:1fr}.fracture-section{margin:0 -20px;padding:46px 20px 23px}.fracture-header{min-height:0;margin-bottom:24px}.fracture-header p{max-width:430px}.fracture-orbit{width:135px;height:130px;flex:0 0 135px;margin:0 0 0 8px;transform:scale(.75);transform-origin:center right}.fracture-header h2{font-size:49px}.fracture-grid{grid-template-columns:1fr}.fracture-underneath{grid-column:auto}.underneath-list{grid-template-columns:1fr}.underneath-row:nth-child(5){border-bottom:1px solid #3b4840}.scenario-grid{grid-template-columns:1fr 1fr}.scenario-card{min-height:212px;border-top:1px solid var(--line);border-right:1px solid var(--line)!important}.scenario-card:nth-child(2n){border-right:0!important}.scenario-card:nth-child(-n+2){border-top:0}.scenario-card:last-child{grid-column:1/-1;border-right:0!important}.quant-section{grid-template-columns:1fr;gap:22px;padding:51px 0}.quant-intro h2{font-size:36px}.quant-intro>p{max-width:450px}.quant-source{margin-top:12px}.jury-grid{grid-template-columns:1fr 1fr}.juror{min-height:245px;border-top:1px solid var(--line);border-right:1px solid var(--line)!important}.juror:nth-child(-n+2){border-top:0}.juror:nth-child(2n){border-right:0!important}.juror:last-child{grid-column:1/-1}.counterfactual{grid-template-columns:1fr}.counterfactual-title{border-right:0;border-bottom:1px solid #c9cbc0}.footer{grid-template-columns:1fr auto;gap:12px}.footer p{grid-row:2;grid-column:1/-1}.thesis-bottom{align-items:flex-start;flex-direction:column}.text-action{align-self:flex-end}.opening-foot{flex-wrap:wrap}}@media(max-width:430px){.masthead-right{gap:0}.export-button{padding:8px;font-size:8px}.crumb{font-size:8px}.fracture-orbit{display:none}.fracture-header h2{font-size:48px}.fracture-controls,.fracture-result{padding:17px 15px}.control-label{font-size:7px}.sector-picker button{font-size:8px;padding:6px 7px}.underneath-row{grid-template-columns:18px 41px minmax(20px,1fr) 37px 54px;gap:6px}.quant-bottom,.underneath-cap,.underneath-foot{font-size:6px}.quant-metric{padding:14px 12px;min-height:112px}.quant-metric strong{font-size:29px}.juror{padding:13px 10px}.juror h3{font-size:12px}.juror>p{font-size:9px}.signal-strip{min-height:0}.scenario-card{padding:13px 10px}.scenario-card h3{font-size:12px}.scenario-impact{display:block}.scenario-impact span{display:block;margin-top:3px}}@media(prefers-reduced-motion:reduce){*,:after,:before{scroll-behavior:auto!important;animation-duration:.01ms!important;animation-iteration-count:1!important;transition-duration:.01ms!important}}.page>section[id]{scroll-margin-top:28px}.tripwire-section{padding:68px 0 56px;border-top:1px solid var(--line);background:linear-gradient(180deg,#e8e8df 0,var(--paper) 100%)}.tripwire-heading{display:grid;grid-template-columns:1fr .78fr;gap:45px;align-items:end}.tripwire-heading h2{margin:11px 0 20px;font:600 clamp(38px,4.4vw,58px)/1 var(--display);letter-spacing:-.07em}.tripwire-heading h2 em{color:var(--red);font-style:normal}.tripwire-heading-side p{max-width:430px;margin:0 0 17px;color:#717a70;font-size:12px;line-height:1.75}.source-mode{display:flex;align-items:center;gap:8px;color:#9a6a57;font:8px var(--mono);letter-spacing:.35px}.source-mode i{width:7px;height:7px;flex:0 0 7px;border-radius:50%;background:#c77e58;box-shadow:0 0 0 3px #c77e581e}.source-mode.source-live{color:#477466}.source-mode.source-live i{background:#5c958b;box-shadow:0 0 0 3px #5c958b24}.tripwire-toolbar{display:flex;align-items:center;justify-content:space-between;gap:18px;margin:24px 0 13px;padding:12px 0;border-top:1px solid #d0d1c6;border-bottom:1px solid #d0d1c6}.tripwire-toolbar>div{display:flex;flex-direction:column;gap:4px;min-width:0}.tripwire-count{color:#555f56;font:8px var(--mono);letter-spacing:.4px}.tripwire-scope{color:#747d72;font-size:9px;line-height:1.45}.refresh-source{display:flex;align-items:center;justify-content:center;gap:7px;flex:0 0 auto;padding:9px 10px;border:1px solid #c6c9bf;border-radius:3px;background:transparent;color:#657064;font:8px var(--mono);cursor:pointer;white-space:nowrap}.refresh-source:not(:disabled):hover{background:var(--ink);border-color:var(--ink);color:var(--acid)}.refresh-source:disabled{opacity:.55;cursor:not-allowed}.tripwire-grid{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:12px;align-items:stretch}.tripwire-card{position:relative;display:flex;flex-direction:column;min-width:0;padding:18px 17px 14px;border:1px solid #d5d6cc;border-radius:4px;background:var(--paper-light);transition:border-color .18s,box-shadow .18s,transform .18s}.tripwire-card:before{position:absolute;content:"";height:4px;left:-1px;right:-1px;top:-1px;background:#c5c9b9}.tripwire-card.tripwire-selected,.tripwire-card:hover{border-color:#9ba88c;box-shadow:5px 5px 0 #d9dbce;transform:translateY(-2px)}.tripwire-card.tripwire-selected:before{background:var(--acid-dark)}.tripwire-card-top{display:flex;justify-content:space-between;gap:7px;color:#858a80;letter-spacing:.3px}.tripwire-card-top,.tripwire-status{align-items:center;font:7px var(--mono)}.tripwire-status{display:inline-flex;gap:5px;max-width:65%;padding:5px 6px;border-radius:2px;background:#ecece4;color:#70786e;white-space:nowrap}.tripwire-status i{width:5px;height:5px;flex:0 0 5px;border-radius:50%;background:#8e9887}.tripwire-status.status-hit{background:#f5ded7;color:#a34431}.tripwire-status.status-hit i{background:var(--red)}.tripwire-status.status-watch{background:#f3ead2;color:#98722c}.tripwire-status.status-watch i{background:#c79c44}.tripwire-status.status-clear{background:#e6efe4;color:#4f786b}.tripwire-status.status-clear i{background:var(--teal)}.tripwire-status.status-simulated{background:#e8e7d8;color:#7c6a34}.tripwire-status.status-simulated i{background:#c49b45}.tripwire-status.status-empty{background:#eeece4;color:#8b8170}.tripwire-status.status-empty i{background:#b8a37a}.tripwire-issuer{margin-top:17px;color:#334139;font:500 10px var(--mono);letter-spacing:.25px}.tripwire-issuer span{color:#747d72;font-weight:400}.tripwire-card h3{min-height:43px;margin:8px 0 7px;font:600 16px/1.22 var(--display);letter-spacing:-.4px}.tripwire-assumption{min-height:68px;margin:0 0 13px;color:#6f786d;font-size:10px;line-height:1.58}.evidence-source{min-width:0;margin-top:auto;padding:12px;border-radius:2px;background:var(--ink);color:#e9ece1}.evidence-source-title{display:flex;align-items:center;justify-content:space-between;gap:6px;color:#a8b2a5;font:7px var(--mono);letter-spacing:.3px}.evidence-source-title span{min-width:0;overflow-wrap:anywhere}.evidence-source-title .evidence-source-link{display:grid;place-items:center;flex:0 0 25px;width:25px;height:25px;margin:-6px;padding:6px;border-radius:2px;color:var(--acid);text-decoration:none;cursor:pointer;transition:background .16s,color .16s}.evidence-source-title .evidence-source-link:hover{background:var(--acid);color:var(--ink)}.evidence-source-title .evidence-source-link svg{display:block;flex:0 0 13px}.evidence-indicator{margin:9px 0 0;color:#ced5c8;font-size:9px;line-height:1.45}.evidence-reading{display:grid;grid-template-columns:minmax(0,1fr);align-items:start;gap:8px;margin:12px 0 10px}.evidence-reading strong{max-width:100%;color:var(--acid);font:600 29px/1.05 var(--display);letter-spacing:-1.2px;white-space:normal}.evidence-reading strong.reading-unavailable{color:#c3ccc0;font-size:12px;font-weight:500;letter-spacing:.35px}.evidence-reading strong.reading-simulated{color:var(--acid);font-size:29px;font-weight:600;letter-spacing:-1px}.evidence-reading span{min-width:0;color:#aab4a8;font-size:8px;line-height:1.5;overflow-wrap:anywhere}.evidence-reading span b{display:block;color:#d4dccf;font:7px var(--mono);letter-spacing:.25px}.evidence-reading span small{display:block;margin-top:4px;color:#aab4a8;font:7px/1.5 var(--sans)}.evidence-links{display:flex;flex-wrap:wrap;gap:8px 13px;padding-top:9px;border-top:1px solid #47534a}.evidence-links a{display:inline-flex;align-items:center;gap:4px;color:#c2cbbb;text-decoration:none;font:7px var(--mono)}.evidence-links a:hover{color:var(--acid)}.tripwire-controls{display:grid;gap:10px;padding:13px 1px 11px}.tripwire-controls label{display:grid;grid-template-columns:minmax(0,1fr) auto;align-items:center;gap:5px 10px;color:#737b72;font:7px var(--mono);letter-spacing:.25px}.tripwire-controls label span{min-width:0}.tripwire-controls label b{color:#39453d;font:500 10px var(--mono);white-space:nowrap}.tripwire-controls input{grid-column:1/-1;width:100%;height:5px;margin:3px 0;accent-color:var(--red);cursor:pointer}.tripwire-consequence{display:flex;align-items:center;justify-content:space-between;gap:7px;padding:10px 0;border-top:1px solid #e0e0d7;border-bottom:1px solid #e0e0d7;color:#747b72;font:7px var(--mono);letter-spacing:.15px}.tripwire-consequence>span{min-width:0}.tripwire-consequence strong{display:flex;align-items:center;gap:6px;color:#b64c38;font:500 10px var(--mono);white-space:nowrap}.tripwire-consequence strong b{font:600 14px var(--display);letter-spacing:-.3px}.tripwire-consequence strong i{height:1px;width:10px;background:#c88b78}.tripwire-caveat{min-height:54px;margin:10px 0 12px;color:#81877c;font-size:8px;line-height:1.55}.tripwire-actions{display:flex;align-items:center;justify-content:space-between;flex-wrap:wrap;gap:7px;margin-top:auto}.receipt-button,.tripwire-test{display:inline-flex;align-items:center;justify-content:center;gap:6px;min-height:32px;padding:7px 8px;border:1px solid var(--ink);border-radius:2px;background:var(--ink);color:var(--acid);font:7px var(--mono);letter-spacing:.15px;cursor:pointer;white-space:nowrap}.tripwire-test:hover{background:var(--red);border-color:var(--red);color:#fff}.receipt-button{border-color:#d2d4ca;background:transparent;color:#697368}.receipt-button:hover{border-color:#87917f;color:var(--ink)}.tripwire-footnote{display:flex;align-items:flex-start;gap:8px;margin:14px 0 0;color:#81867b;font-size:9px;line-height:1.6}.tripwire-footnote svg{flex:0 0 13px;margin-top:1px;color:#b16a52}.tripwire-error{margin:8px 0;padding:10px 12px;border:1px solid #e4aa9d;background:#f8ded7;color:#7f2c20;font-size:10px}@media(max-width:1150px){.tripwire-grid{grid-template-columns:repeat(2,minmax(0,1fr))}.tripwire-card:last-child{grid-column:1/-1}.tripwire-card:last-child .tripwire-assumption,.tripwire-card:last-child .tripwire-caveat{min-height:0}}@media(max-width:980px){.page>section[id]{scroll-margin-top:82px}}@media(max-width:700px){.thesis-suggestions{align-items:flex-start;flex-direction:column;gap:6px}.thesis-suggestions>span{padding-top:0}.tripwire-section{padding:52px 0 43px}.tripwire-heading{grid-template-columns:1fr;gap:0}.tripwire-heading h2{font-size:44px;margin-bottom:13px}.tripwire-heading-side p{margin-bottom:11px}.tripwire-toolbar{align-items:flex-start;gap:10px}.tripwire-scope{max-width:240px;line-height:1.4}.tripwire-grid{grid-template-columns:1fr}.tripwire-card:last-child{grid-column:auto}.tripwire-assumption,.tripwire-card h3,.tripwire-caveat{min-height:0}.tripwire-actions{justify-content:flex-start}.evidence-reading strong{font-size:30px}}@media(max-width:430px){.security-row{grid-template-columns:19px minmax(58px,72px) minmax(0,1fr) 42px;gap:6px}.security-row strong,.security-sector{font-size:9px}.tripwire-toolbar{flex-direction:column}.tripwire-toolbar>div{width:100%}.refresh-source{align-self:flex-start;white-space:normal}}