/* Market Seasonality design system
   Type: Geist (UI and headings), Geist Mono (all figures).
   Shape: cards and panels 14px, controls 10px, chips and pills fully round. Nothing else.
   Color: one accent (ochre) for highlights; blue/red only as up/down semantics. */
:root{--paper:#EEF1EC;--card:#F8FAF6;--card-2:#E6EBE5;--ink:#15212B;--muted:#55626A;--faint:#7B878D;--rule:#D3DAD3;--up:#1F5FA8;--down:#B5333F;--accent:#C98F1E;--accent-soft:#F2E3C2;--up-rgb:31,95,168;--down-rgb:181,51,63;--good:#2E7D4F;--shadow:0 1px 0 rgba(21,33,43,.04),0 8px 24px -16px rgba(21,33,43,.25);color-scheme:light}
@media (prefers-color-scheme:dark){:root:not([data-theme="light"]){--paper:#11181E;--card:#172129;--card-2:#1D2932;--ink:#E4EAE6;--muted:#9AA8AE;--faint:#77858C;--rule:#26333C;--up:#6FA3E8;--down:#E27A84;--accent:#E2B04A;--accent-soft:#3A3020;--up-rgb:111,163,232;--down-rgb:226,122,132;--good:#6CC28E;--shadow:0 1px 0 rgba(0,0,0,.2),0 10px 28px -18px rgba(0,0,0,.7);color-scheme:dark}}
:root[data-theme="dark"]{--paper:#11181E;--card:#172129;--card-2:#1D2932;--ink:#E4EAE6;--muted:#9AA8AE;--faint:#77858C;--rule:#26333C;--up:#6FA3E8;--down:#E27A84;--accent:#E2B04A;--accent-soft:#3A3020;--up-rgb:111,163,232;--down-rgb:226,122,132;--good:#6CC28E;--shadow:0 1px 0 rgba(0,0,0,.2),0 10px 28px -18px rgba(0,0,0,.7);color-scheme:dark}
*,*::before,*::after{box-sizing:border-box}
html{-webkit-text-size-adjust:100%}
body{margin:0;background:var(--paper);color:var(--ink);font:16px/1.6 Geist,system-ui,-apple-system,"Segoe UI",sans-serif;font-feature-settings:"ss01"}
.num,.mv,td,.kpi .v,.tape,.price,.metric,.trow b,.idate{font-family:"Geist Mono",ui-monospace,SFMono-Regular,Menlo,monospace;font-variant-numeric:tabular-nums}
a{color:var(--up);text-underline-offset:3px}
a:focus-visible,button:focus-visible,input:focus-visible,select:focus-visible,summary:focus-visible{outline:3px solid var(--accent);outline-offset:2px;border-radius:6px}
h1,h2,h3{font-weight:600;line-height:1.12;letter-spacing:-.025em;margin:0 0 .5em;text-wrap:balance}
h1{font-size:clamp(2rem,4.2vw,3rem)} h2{font-size:clamp(1.3rem,2.2vw,1.65rem);margin-top:2.2em} h3{font-size:1.08rem;letter-spacing:-.01em}
p{margin:0 0 1em;max-width:68ch}
.ph{font-size:1.1em;vertical-align:-.15em}
.wrap{max-width:1200px;margin:0 auto;padding:0 24px}
@media(max-width:600px){.wrap{padding:0 16px}}
.skip{position:absolute;left:-999px}.skip:focus{left:10px;top:10px;background:var(--card);padding:8px;z-index:9}

/* header */
header.site{border-bottom:1px solid var(--rule);background:color-mix(in srgb,var(--paper) 88%,transparent);backdrop-filter:saturate(1.4) blur(10px);-webkit-backdrop-filter:saturate(1.4) blur(10px);position:sticky;top:env(safe-area-inset-top,0px);z-index:5}
header.site .wrap{display:flex;align-items:center;gap:20px;height:64px}
.brand{font-weight:700;font-size:1.05rem;letter-spacing:-.02em;color:var(--ink);text-decoration:none;display:flex;align-items:center;gap:9px;white-space:nowrap}
.brand svg{width:26px;height:26px}
nav.main{display:flex;gap:4px;margin-left:auto}
nav.main a{color:var(--muted);text-decoration:none;font-size:.9rem;padding:6px 10px;border-radius:999px;transition:background .15s,color .15s}
nav.main a:hover{color:var(--ink);background:var(--card-2)}
nav.main a[aria-current="page"]{color:var(--ink);background:var(--card-2)}
.menu-btn{display:none;margin-left:auto;background:none;border:1px solid var(--rule);border-radius:10px;color:var(--ink);font:inherit;padding:6px 12px;cursor:pointer}
@media(max-width:960px){.menu-btn{display:block}nav.main{display:none;position:absolute;left:0;right:0;top:64px;background:var(--paper);border-bottom:1px solid var(--rule);flex-direction:column;gap:2px;padding:10px 16px 16px}nav.main.open{display:flex}nav.main a{padding:10px 12px}header.site .btn{display:none}}
.btn{display:inline-flex;align-items:center;gap:8px;background:var(--ink);color:var(--paper);padding:.66em 1.15em;border-radius:999px;text-decoration:none;border:0;font:inherit;font-weight:600;font-size:.95rem;cursor:pointer;line-height:1.2;white-space:nowrap;transition:transform .15s,opacity .15s}
.btn:hover{opacity:.92}.btn:active{transform:translateY(1px)}
.btn.ghost{background:transparent;color:var(--ink);box-shadow:inset 0 0 0 1.5px var(--rule)}
.btn.ghost:hover{box-shadow:inset 0 0 0 1.5px var(--ink)}
.btn.small{padding:.45em .95em;font-size:.86rem}

/* ticker */
.tape{border-bottom:1px solid var(--rule);overflow-x:auto;scrollbar-width:none;font-size:.78rem}
.tape::-webkit-scrollbar{display:none}
.tape ul{list-style:none;margin:0 auto;padding:7px 24px;display:flex;gap:22px;white-space:nowrap;max-width:1200px}
.tape a{color:var(--muted);text-decoration:none}.tape a:hover{color:var(--ink)}
.tape b{font-family:Geist,system-ui,sans-serif;font-weight:600;color:var(--ink);margin-right:6px}

main{padding-bottom:72px}
.crumbs{font-size:.8rem;color:var(--faint);margin:22px 0 10px}
.crumbs a{color:var(--faint);text-decoration:none}.crumbs a:hover{color:var(--ink)}
.lede{font-size:1.1rem;color:var(--muted);max-width:60ch}
.meta{color:var(--faint);font-size:.82rem}
.answer{background:var(--card);border:1px solid var(--rule);border-radius:14px;padding:16px 20px;margin:16px 0 24px;max-width:820px}
.answer p{margin:0}.answer p+p{margin-top:.5em}
.pos{color:var(--up);font-weight:600}.neg{color:var(--down);font-weight:600}.flat{color:var(--faint)}

/* hero */
.hero{display:grid;grid-template-columns:1.05fr .95fr;gap:48px;align-items:center;padding:56px 0 28px}
.hero h1{font-size:clamp(2.3rem,5vw,3.6rem);letter-spacing:-.035em;margin-bottom:.35em}
.hero h1 em{font-style:normal;color:var(--accent)}
.hero .lede{font-size:1.15rem;margin-bottom:22px}
.hero .cta{display:flex;gap:10px;flex-wrap:wrap}
.hero-card{position:relative}
.hero-card .icard{box-shadow:var(--shadow)}
.hero-card .stack{position:absolute;inset:14px -10px -10px 14px;border-radius:14px;background:var(--card-2);border:1px solid var(--rule);z-index:-1}
@media(max-width:900px){.hero{grid-template-columns:1fr;gap:28px;padding-top:32px}}

/* how it works */
.how{display:grid;grid-template-columns:repeat(3,1fr);gap:0;border:1px solid var(--rule);border-radius:14px;background:var(--card);margin:8px 0 8px}
.how div{padding:18px 20px;display:flex;gap:14px;align-items:flex-start}
.how div+div{border-left:1px solid var(--rule)}
.how .ph{font-size:1.5rem;color:var(--accent);flex:none;margin-top:2px}
.how b{display:block;font-size:.95rem}
.how span{font-size:.85rem;color:var(--muted)}
@media(max-width:760px){.how{grid-template-columns:1fr}.how div+div{border-left:0;border-top:1px solid var(--rule)}}

/* lens navigation */
.lensnav{display:flex;gap:8px;flex-wrap:wrap;margin:26px 0 4px}
.lensnav a{display:inline-flex;align-items:center;gap:7px;padding:7px 14px;border-radius:999px;background:var(--card);border:1px solid var(--rule);color:var(--ink);text-decoration:none;font-size:.88rem;transition:border-color .15s}
.lensnav a:hover{border-color:var(--ink)}
.lensnav a span{font-family:"Geist Mono",monospace;font-size:.78rem;color:var(--faint)}
.lensnav a[aria-current="page"]{background:var(--ink);color:var(--paper);border-color:var(--ink)}
.lensnav a[aria-current="page"] span{color:var(--paper);opacity:.7}

/* lens rows */
.lens{margin-top:40px}
.lens-head{display:flex;align-items:baseline;justify-content:space-between;gap:16px}
.lens-head h2{margin:0;display:flex;align-items:center;gap:10px}
.lens-head h2 .ph{color:var(--accent)}
.lens-head .more{font-size:.88rem;text-decoration:none;white-space:nowrap;display:inline-flex;gap:4px;align-items:center}
.lens-blurb{color:var(--muted);font-size:.92rem;margin:4px 0 14px}
.rail{display:grid;grid-template-columns:repeat(4,minmax(0,1fr));gap:14px}
.rail.cols-3{grid-template-columns:repeat(3,minmax(0,1fr))}.rail.cols-2{grid-template-columns:repeat(2,minmax(0,1fr))}.rail.cols-1{grid-template-columns:minmax(0,1fr) minmax(0,1fr)}
@media(max-width:1080px){.rail,.rail.cols-3{grid-template-columns:repeat(2,minmax(0,1fr))}}
@media(max-width:640px){.rail{display:flex;overflow-x:auto;scroll-snap-type:x mandatory;gap:12px;margin:0 -16px;padding:2px 16px 10px;scrollbar-width:none}.rail::-webkit-scrollbar{display:none}.rail .icard{flex:0 0 82%;scroll-snap-align:start}}
.grid-cards{display:grid;grid-template-columns:repeat(auto-fill,minmax(320px,1fr));gap:16px}

/* insight card */
.icard{display:flex;flex-direction:column;gap:10px;background:var(--card);border:1px solid var(--rule);border-radius:14px;padding:16px 16px 14px;text-decoration:none;color:var(--ink);transition:border-color .18s,transform .18s,box-shadow .18s;min-width:0}
.icard:hover{border-color:color-mix(in srgb,var(--ink) 35%,var(--rule));transform:translateY(-2px);box-shadow:var(--shadow)}
.icard h3{margin:0;font-size:1rem;line-height:1.3;letter-spacing:-.01em}
.ihead{display:flex;justify-content:space-between;align-items:center;gap:8px}
.ichip{display:inline-flex;align-items:center;gap:6px;font-size:.74rem;font-weight:600;color:var(--muted);background:var(--card-2);padding:3px 9px;border-radius:999px}
.ichip .ph{color:var(--accent)}
.idate{font-size:.72rem;color:var(--faint)}
.ibody{display:flex;align-items:flex-end;justify-content:space-between;gap:10px;margin-top:auto}
.metric{display:flex;flex-direction:column;min-width:0}
.mv{font-size:1.45rem;font-weight:500;letter-spacing:-.03em;line-height:1.1}
.ml{font-family:Geist,system-ui,sans-serif;font-size:.72rem;color:var(--faint);line-height:1.3;margin-top:3px;max-width:22ch}
.ivis{flex:none;width:46%;max-width:170px}
.icard.large .ivis{max-width:220px}
.fact1{margin:0;font-size:.8rem;color:var(--muted)}
.facts{list-style:none;margin:0;padding:0;display:flex;flex-wrap:wrap;gap:6px}
.facts li{font-size:.78rem;background:var(--card-2);border-radius:999px;padding:3px 10px;color:var(--muted)}
.cdetail{margin:0;font-size:.88rem;color:var(--muted);line-height:1.55}
.ifoot{display:flex;gap:10px;align-items:center;font-size:.74rem;color:var(--faint);border-top:1px solid var(--rule);padding-top:9px}
.ifoot span:first-child{min-width:0;overflow:hidden;white-space:nowrap;text-overflow:ellipsis}
.ifoot .go{margin-left:auto;color:var(--ink);transition:transform .18s}
.icard:hover .go{transform:translateX(3px)}
.icard.large{padding:20px}
.icard.large h3{font-size:1.12rem}

/* mini charts */
svg.mini{width:100%;height:auto;display:block;overflow:visible}
svg.mini .axis{stroke:var(--rule);stroke-width:1}
svg.mini rect.up{fill:rgba(var(--up-rgb),.55)}svg.mini rect.dn{fill:rgba(var(--down-rgb),.55)}svg.mini rect.hl{fill:var(--accent)}
svg.mini .lbl{font-size:9px;fill:var(--faint);font-family:Geist,sans-serif}
svg.mini polyline{fill:none;stroke-width:1.6;stroke-linejoin:round;stroke-linecap:round}
svg.mini .l-up{stroke:var(--up)}svg.mini .l-dn{stroke:var(--down)}svg.mini .l-acc{stroke:var(--accent)}
svg.mini .a-up{fill:rgba(var(--up-rgb),.09)}svg.mini .a-dn{fill:rgba(var(--down-rgb),.09)}
svg.mini .d-up{fill:var(--up)}svg.mini .d-dn{fill:var(--down)}svg.mini .d-acc{fill:var(--accent)}
.trio{display:flex;flex-direction:column;gap:5px;font-size:.72rem;color:var(--muted)}
.trow{display:grid;grid-template-columns:58px 1fr auto;gap:6px;align-items:center}
.trow span:first-child{white-space:nowrap;overflow:hidden;text-overflow:ellipsis}
.tbar i{display:block;height:6px;border-radius:999px}.tbar i.up{background:var(--up)}.tbar i.dn{background:var(--down)}
.trow b{font-size:.72rem;font-weight:500}

/* insight article */
.article{display:grid;grid-template-columns:minmax(0,1fr) 300px;gap:44px;align-items:start}
@media(max-width:980px){.article{grid-template-columns:1fr}}
.article h1{font-size:clamp(1.8rem,3.4vw,2.5rem)}
.article h2{font-size:1.15rem;margin-top:1.8em;display:flex;align-items:center;gap:8px}
.article h2 .ph{color:var(--accent)}
.glance{position:sticky;top:84px;display:flex;flex-direction:column;gap:14px}
.glance .box{background:var(--card);border:1px solid var(--rule);border-radius:14px;padding:16px}
.glance h3{font-size:.8rem;color:var(--faint);font-weight:600;margin:0 0 10px}
.glance dl{margin:0;display:grid;grid-template-columns:auto 1fr;gap:6px 12px;font-size:.86rem}
.glance dt{color:var(--faint)}.glance dd{margin:0;text-align:right}
.stat-strip{display:grid;grid-template-columns:repeat(auto-fit,minmax(150px,1fr));gap:10px;margin:18px 0 6px}
.stat{background:var(--card);border:1px solid var(--rule);border-radius:14px;padding:12px 14px}
.stat .k{font-size:.74rem;color:var(--faint)}
.stat .v{font-family:"Geist Mono",monospace;font-size:1.2rem;font-weight:500;letter-spacing:-.02em}
.history p{padding-left:14px;border-left:2px solid var(--accent-soft)}
details.sources{margin-top:28px;border-top:1px solid var(--rule);padding-top:12px}
details.sources summary{cursor:pointer;font-size:.82rem;color:var(--muted);font-weight:600;list-style:none;display:flex;align-items:center;gap:6px}
details.sources summary::-webkit-details-marker{display:none}
ol.src{margin:10px 0 0;padding-left:1.2em;font-size:.76rem;color:var(--faint);line-height:1.5}
ol.src li{margin-bottom:5px}
ol.src a{color:var(--muted)}
.cite{font-size:.72rem;color:var(--faint);white-space:nowrap}
.cite a{color:var(--faint)}

/* scenarios */
.scen{display:grid;grid-template-columns:repeat(auto-fit,minmax(220px,1fr));gap:12px;margin:12px 0}
.scen .sc{background:var(--card);border:1px solid var(--rule);border-radius:14px;padding:14px 16px;display:flex;flex-direction:column;gap:6px}
.scen h3{font-size:.98rem;margin:0}
.scen p{margin:0;font-size:.88rem;color:var(--muted)}
.scen ul{margin:2px 0 0;padding-left:1.1em;font-size:.82rem;color:var(--muted)}
.scen .test{margin-top:auto;font-size:.74rem;color:var(--faint);border-top:1px dashed var(--rule);padding-top:7px}
.scen-note{font-size:.8rem;color:var(--faint)}

/* tables */
.tablewrap{overflow-x:auto;margin:10px 0 8px;-webkit-overflow-scrolling:touch;border:1px solid var(--rule);border-radius:14px;background:var(--card)}
table{border-collapse:collapse;width:100%;font-size:.88rem}
table.wide{min-width:640px}
th,td{padding:9px 12px;border-bottom:1px solid var(--rule);text-align:right;white-space:nowrap}
tbody tr:last-child td{border-bottom:0}
th:first-child,td:first-child{text-align:left;font-family:Geist,system-ui,sans-serif}
td.l,th.l{text-align:left;white-space:normal;font-family:Geist,system-ui,sans-serif}
th{font-weight:600;color:var(--faint);font-size:.76rem;background:var(--card-2)}
tr.now td{background:var(--accent-soft)}
tbody tr:hover td{background:rgba(var(--up-rgb),.04)}

/* charts */
figure.chart{margin:12px 0 18px;background:var(--card);border:1px solid var(--rule);border-radius:14px;padding:14px}
figure.chart svg{width:100%;height:auto;display:block}
figure.chart text{font-family:Geist,system-ui,sans-serif}
figcaption{font-size:.76rem;color:var(--faint);margin-top:6px}
.spark{vertical-align:middle}
.heat{display:grid;gap:2px;font-size:.7rem;overflow-x:auto;margin:10px 0;font-family:"Geist Mono",monospace}
.heat-row{display:grid;grid-template-columns:48px repeat(12,minmax(38px,1fr));gap:2px}
.heat-row span{padding:5px 2px;text-align:center;border-radius:4px}
.heat-head span{color:var(--faint);font-weight:600;font-family:Geist,sans-serif}
.heat-row span[role=rowheader]{color:var(--faint);text-align:left}

/* snapshot */
.snap{display:grid;grid-template-columns:repeat(auto-fill,minmax(200px,1fr));gap:10px}
.snap a{display:flex;justify-content:space-between;align-items:center;gap:8px;background:var(--card);border:1px solid var(--rule);border-radius:14px;padding:10px 12px;text-decoration:none;color:var(--ink);transition:border-color .15s}
.snap a:hover{border-color:var(--ink)}
.snap .nm{font-size:.84rem;font-weight:600}
.snap .px{font-size:.76rem;color:var(--muted);font-family:"Geist Mono",monospace}
.kpis{display:grid;grid-template-columns:repeat(auto-fit,minmax(140px,1fr));gap:10px;margin:14px 0}
.kpi{background:var(--card);border:1px solid var(--rule);border-radius:14px;padding:10px 14px}
.kpi .k{font-size:.74rem;color:var(--faint)}
.kpi .v{font-size:1.1rem;font-weight:500}

/* generic */
.grid2{display:grid;grid-template-columns:1fr 1fr;gap:20px}
.grid3{display:grid;grid-template-columns:repeat(3,1fr);gap:16px}
.split{display:grid;grid-template-columns:minmax(0,2fr) minmax(0,1fr);gap:36px;align-items:start}
@media(max-width:860px){.grid2,.grid3,.split{grid-template-columns:1fr}}
.panel{background:var(--card);border:1px solid var(--rule);border-radius:14px;padding:18px 20px}
.panel h3{margin-top:0}
.panel.feature{background:var(--ink);color:var(--paper);border-color:var(--ink)}
.panel.feature p{color:color-mix(in srgb,var(--paper) 75%,transparent)}
.panel.feature .btn{background:var(--accent);color:#15212B}
.cta-band{display:flex;align-items:center;justify-content:space-between;gap:20px;flex-wrap:wrap}
.cta-band h3{margin:0 0 4px;font-size:1.15rem}
.cta-band p{margin:0}
aside.side .panel+.panel{margin-top:16px}
.tag{display:inline-flex;align-items:center;gap:5px;font-size:.74rem;padding:3px 10px;border-radius:999px;background:var(--card-2);color:var(--muted);text-decoration:none;white-space:nowrap}
a.tag:hover{color:var(--ink)}
.tag.live{background:var(--accent-soft);color:var(--ink)}
.tag.topic{background:var(--card-2)}
.tags{display:flex;flex-wrap:wrap;gap:6px;margin:8px 0}
.list{list-style:none;padding:0;margin:0}
.list li{display:flex;justify-content:space-between;gap:12px;padding:9px 0;border-bottom:1px solid var(--rule)}
.list li:last-child{border-bottom:0}
.cal li{display:grid;grid-template-columns:70px 1fr;gap:12px;justify-content:start;font-size:.9rem}
.cal .d{font-family:"Geist Mono",monospace;font-size:.82rem;color:var(--muted)}
.signal{font-size:.72rem;padding:2px 8px;border-radius:999px;background:var(--card-2);color:var(--muted);font-family:Geist,sans-serif}
.signal.strong{background:var(--ink);color:var(--paper)}
.signal.moderate{background:var(--accent-soft);color:var(--ink)}
.empty{border:1px dashed var(--rule);border-radius:14px;padding:22px;color:var(--muted);font-size:.9rem;text-align:center}

/* forms */
.chips{display:flex;flex-wrap:wrap;gap:8px;margin:10px 0 16px}
.chip{position:relative}
.chip input{position:absolute;opacity:0;width:1px;height:1px}
.chip span{display:inline-block;padding:6px 13px;border:1px solid var(--rule);border-radius:999px;cursor:pointer;font-size:.86rem;background:var(--card);transition:border-color .15s}
.chip span:hover{border-color:var(--ink)}
.chip input:checked+span{border-color:var(--ink);background:var(--ink);color:var(--paper)}
.chip input:focus-visible+span{outline:3px solid var(--accent);outline-offset:2px}
fieldset{border:0;padding:0;margin:0 0 14px}
legend{font-weight:600;margin-bottom:4px}
input[type=email],input[type=search],select{font:inherit;padding:.6em .85em;border:1px solid var(--rule);border-radius:10px;background:var(--paper);color:var(--ink);width:100%;max-width:440px}
.note{font-size:.88rem;padding:10px 14px;border-radius:10px;background:var(--card);border:1px solid var(--rule);margin-top:12px}
.note.ok{border-color:var(--good)}.note.err{border-color:var(--down)}
.consent{display:flex;gap:10px;align-items:flex-start;font-size:.88rem;max-width:62ch}
.consent input{margin-top:5px}
details.group{border-top:1px solid var(--rule);padding:8px 0}
details.group summary{cursor:pointer;font-weight:600}
.hidden{display:none!important}

.price{font-size:2rem;font-weight:500}
.disc{font-size:.76rem;color:var(--faint);border-top:1px solid var(--rule);padding-top:14px;margin-top:48px;max-width:90ch;line-height:1.5}
footer{border-top:1px solid var(--rule);padding:32px 0 44px;font-size:.84rem;color:var(--muted)}
footer .cols{display:grid;grid-template-columns:2fr 1fr 1fr 1fr;gap:28px}
@media(max-width:760px){footer .cols{grid-template-columns:1fr 1fr}}
footer a{color:var(--muted);text-decoration:none}footer a:hover{color:var(--ink)}
footer h4{margin:0 0 6px;color:var(--ink);font-size:.86rem}
footer ul{list-style:none;padding:0;margin:0;line-height:1.95}
.theme-toggle{margin-top:10px;background:none;border:1px solid var(--rule);border-radius:999px;color:var(--muted);font:inherit;font-size:.8rem;padding:4px 12px;cursor:pointer}
@media (prefers-reduced-motion:reduce){*{transition:none!important;animation:none!important;scroll-behavior:auto!important}.icard:hover{transform:none}}
@media print{header.site,.tape,footer,.btn{display:none}}
.glance a{text-decoration:none}.glance a:hover{text-decoration:underline}