
:root {
  --cobalt:#0B67D0; --cobalt-dark:#0757B8; --cobalt-lite:#4D9BFF;
  --cobalt-100:#D6E8FB; --cobalt-050:#EBF4FD;
  --navy:#0A1A30; --navy-2:#0E2138;
  --ink:#1d1d1f; --ink-soft:#424247; --ink-faint:#6e6e73;
  --paper:#ffffff; --surface:#F4F8FD; --rule:#ECECF0; --rule-mid:#D2D2D7;
  --good:#0D9E6E; --good-deep:#146C43; --warn:#DC2626; --amber:#9A6A12;
  --sans:"Inter",-apple-system,BlinkMacSystemFont,"Segoe UI",sans-serif;
  --mono:"JetBrains Mono",ui-monospace,Menlo,Consolas,monospace;
  --radius:12px; --shadow:0 1px 2px rgba(16,22,35,.04),0 14px 38px -32px rgba(16,22,35,.24);
}
* { box-sizing: border-box; }
html { scroll-behavior: smooth; }
body {
  margin: 0; background: var(--surface); color: var(--ink);
  font-family: var(--sans); line-height: 1.5; -webkit-font-smoothing: antialiased;
}
a { color: var(--cobalt); }
.muted { color: var(--ink-faint); }
.mono { font-family: var(--mono); }

.topbar {
  position: sticky; top: 0; z-index: 20;
  display: flex; align-items: center; justify-content: space-between; gap: 12px;
  padding: 10px 22px;
  background: rgba(10,26,48,.94);
  backdrop-filter: saturate(160%) blur(12px);
  border-bottom: 1px solid rgba(255,255,255,.08);
}
.topbar .brand { display: flex; align-items: center; gap: 10px; text-decoration: none; color: #fff; font-weight: 700; }
.topbar .brand img { height: 28px; width: auto; display: block; background: #fff; border-radius: 6px; padding: 2px 6px; }
.topbar .brand span { font-size: 13px; letter-spacing: -.01em; }
.topbar nav { display: flex; gap: 4px; flex-wrap: wrap; }
.topbar nav a {
  color: rgba(255,255,255,.72); text-decoration: none; font-size: 12px; font-weight: 600;
  padding: 6px 10px; border-radius: 999px;
}
.topbar nav a:hover { background: rgba(255,255,255,.08); color: #fff; }
.topbar nav a.on { background: var(--cobalt); color: #fff; }

.wrap { max-width: 1180px; margin: 0 auto; padding: 22px 18px 48px; }
.hero {
  background: linear-gradient(160deg, var(--navy), var(--navy-2));
  color: #fff; padding: 28px 0 22px;
}
.hero .wrap { padding-top: 0; padding-bottom: 8px; }
.eyebrow {
  font-family: var(--mono); font-size: 11px; letter-spacing: .12em;
  text-transform: uppercase; color: var(--cobalt-lite); margin: 0 0 8px;
}
.hero h1 { margin: 0 0 8px; font-size: clamp(22px, 4vw, 34px); letter-spacing: -.02em; line-height: 1.1; }
.hero p { margin: 0; color: rgba(255,255,255,.72); max-width: 70ch; font-size: 14px; }

.lenses { display: grid; grid-template-columns: repeat(3, 1fr); gap: 12px; margin: 18px 0 8px; }
.lens {
  background: var(--paper); border: 1px solid var(--rule); border-radius: var(--radius);
  box-shadow: var(--shadow); padding: 14px 16px;
}
.lens .k {
  font-family: var(--mono); font-size: 11px; letter-spacing: .1em; text-transform: uppercase;
  color: var(--cobalt); font-weight: 600; margin: 0 0 6px;
}
.lens .v { font-size: 15px; font-weight: 700; letter-spacing: -.01em; margin: 0 0 8px; }
.lens p { margin: 0; font-size: 13px; color: var(--ink-soft); line-height: 1.45; }

h2 { font-size: 13px; font-family: var(--mono); text-transform: uppercase; letter-spacing: .1em; color: var(--cobalt); margin: 28px 0 10px; }
h3 { margin: 0 0 8px; font-size: 18px; letter-spacing: -.01em; }
.card {
  background: var(--paper); border: 1px solid var(--rule); border-radius: var(--radius);
  box-shadow: var(--shadow); padding: 14px 16px; margin: 0 0 14px;
}
.card img.panel, .card img.dag {
  width: 100%; height: auto; border: 1px solid var(--rule); border-radius: 8px; background: #fff;
}
.dag-figure { position: relative; }
.dag-figure .dag-svg {
  width: 100%; height: auto; display: block; background: #fff;
  border: 1px solid var(--rule); border-radius: 8px;
}
.dag-toggle {
  display: flex; align-items: center; gap: .4rem; font-size: 13px;
  color: var(--ink-soft); margin: 0 0 8px; cursor: pointer; user-select: none;
}
.dag-toggle input { margin: 0; }
.dag-figure.story-only .edge-other,
.dag-figure.story-only .edge-other-label { display: none; }

.grid { display: grid; grid-template-columns: repeat(auto-fill, minmax(240px, 1fr)); gap: 12px; }
a.tile {
  display: block; text-decoration: none; color: inherit;
  background: var(--paper); border: 1px solid var(--rule); border-radius: var(--radius);
  box-shadow: var(--shadow); padding: 12px 14px;
}
a.tile:hover { border-color: var(--cobalt-100); }
a.tile .kicker { font-family: var(--mono); font-size: 11px; color: var(--ink-faint); margin: 0 0 4px; }
a.tile h3 { margin: 0 0 6px; font-size: 16px; }
a.tile p { margin: 0; font-size: 13px; color: var(--ink-soft); }
a.tile img { width: 100%; height: 88px; object-fit: cover; object-position: center top; border-radius: 8px; margin: 8px 0; border: 1px solid var(--rule); }

.table-wrap { overflow-x: auto; }
table.desk { width: 100%; border-collapse: collapse; font-size: 13px; background: #fff; border: 1px solid var(--rule); border-radius: 8px; overflow: hidden; }
table.desk th, table.desk td { padding: 8px 10px; border-bottom: 1px solid var(--rule); text-align: left; vertical-align: middle; }
table.desk th { background: var(--cobalt-050); font-size: 11px; text-transform: uppercase; letter-spacing: .06em; color: var(--ink-soft); }
table.desk td.num, table.desk th.num { text-align: right; font-family: var(--mono); font-variant-numeric: tabular-nums; }
table.desk tr:hover td { background: var(--cobalt-050); }
table.desk a { font-weight: 600; text-decoration: none; }
.dir-up { color: var(--warn); font-weight: 700; }
.dir-dn { color: var(--good-deep); font-weight: 700; }
.dir-flat { color: var(--ink-faint); }

.pill {
  display: inline-flex; align-items: center; font-size: 11px; font-weight: 700;
  padding: 3px 9px; border-radius: 999px; background: var(--surface); color: var(--ink-soft);
}
.stance-fair { background: #DCF2E7; color: var(--good-deep); }
.stance-cheap { background: #F6E9CB; color: var(--amber); }
.stance-very_cheap { background: #ffedd5; color: #9a3412; }
.stance-rich { background: #DBEBFB; color: var(--cobalt-dark); }
.stance-very_rich { background: #c7d2fe; color: #1e3a8a; }
.stance-unstable { background: #f3e8ff; color: #6b21a8; }
.badge { display: inline-block; font-size: 11px; font-weight: 700; padding: 2px 8px; border-radius: 999px; }
.badge-investment_grade { background: #d6e6f5; color: #1f4e79; }
.badge-high_yield { background: #fce4d6; color: #c45911; }
.badge-distressed { background: #f8d7da; color: #c00000; }

.cc-row { display: flex; flex-wrap: wrap; gap: 6px; margin: 8px 0 16px; }
.cc-row a.cc {
  font-family: var(--mono); font-size: 11px; font-weight: 600; text-decoration: none;
  color: var(--ink-soft); border: 1px solid var(--rule); background: #fff;
  padding: 4px 8px; border-radius: 999px;
}
.cc-row a.cc.on, .cc-row a.cc:hover { background: var(--cobalt); color: #fff; border-color: var(--cobalt); }

.jump { display: flex; gap: 8px; flex-wrap: wrap; margin: 0 0 14px; }
.jump a {
  font-size: 12px; font-weight: 600; text-decoration: none; color: var(--cobalt-dark);
  background: var(--cobalt-050); border: 1px solid var(--cobalt-100);
  padding: 6px 10px; border-radius: 999px;
}
.stats { display: grid; grid-template-columns: repeat(3, 1fr); gap: 10px; margin: 0 0 16px; }
.stat { background: #fff; border: 1px solid var(--rule); border-radius: 10px; padding: 12px 14px; }
.stat .k { font-size: 11px; text-transform: uppercase; letter-spacing: .08em; color: var(--ink-faint); font-weight: 600; }
.stat .v { font-family: var(--mono); font-size: 22px; font-weight: 500; letter-spacing: -.02em; margin-top: 4px; }
.stat .s { font-size: 12px; color: var(--ink-soft); margin-top: 2px; }

.callout { border-left: 4px solid var(--cobalt); background: var(--cobalt-050); padding: 12px 14px; border-radius: 0 10px 10px 0; margin: 0 0 12px; }
.callout.fair { border-left-color: var(--good); background: #dcfce7; }
.callout.cheap { border-left-color: #ca8a04; background: #fef9c3; }
.callout.very_cheap { border-left-color: #b45309; background: #ffedd5; }
.callout.rich { border-left-color: var(--cobalt); background: #dbeafe; }
.callout.very_rich { border-left-color: #1e3a8a; background: #c7d2fe; }
.callout .kicker { font-family: var(--mono); font-size: 11px; letter-spacing: .1em; text-transform: uppercase; font-weight: 700; }
.callout p { margin: 6px 0 0; }
.callout ul.why { margin: 8px 0 0 1.15rem; padding: 0; }
.callout ul.why li { margin: 4px 0; font-size: 14px; color: var(--ink); }

.btn {
  display: inline-block; font-size: 12px; font-weight: 600; text-decoration: none;
  background: var(--cobalt); color: #fff; padding: 8px 14px; border-radius: 999px; margin: 8px 8px 0 0;
}
.btn.ghost { background: #fff; color: var(--cobalt); border: 1px solid var(--cobalt-100); }

.section { scroll-margin-top: 64px; }

.forecast-drivers, .country-theme-embed {
  margin: 12px 0 0; padding: 12px; background: #f8fafc; border: 1px solid var(--rule); border-radius: 8px;
}
.forecast-drivers-label, .country-theme-embed-label { font-size: 13px; font-weight: 700; color: var(--cobalt-dark); margin: 0 0 6px; }
.fd-temporal { display: flex; flex-wrap: wrap; align-items: center; gap: 8px 12px; margin: 0 0 8px; padding: 6px 8px; background: #fff; border: 1px solid var(--rule); border-radius: 6px; }
.fd-temporal-label { font-size: 12px; font-weight: 600; }
svg.attn-spark { display: inline-block; background: #fff; border-radius: 3px; }
table.fd-tbl, table.panel-tbl, table.country-theme-tbl { width: 100%; border-collapse: collapse; font-size: 13px; }
table.fd-tbl th, table.fd-tbl td, table.panel-tbl th, table.panel-tbl td {
  border: 1px solid var(--rule); padding: 6px 8px; vertical-align: top;
}
table.fd-tbl thead th, table.panel-tbl thead th { background: var(--cobalt-050); text-align: left; font-size: 11px; }
table.fd-tbl td.num, table.panel-tbl td.num { text-align: right; font-variant-numeric: tabular-nums; }
table.fd-tbl td.fd-att { position: relative; min-width: 4.5rem; white-space: nowrap; }
table.fd-tbl .fd-att-val { position: relative; z-index: 1; font-weight: 600; }
table.fd-tbl .fd-att-bar { position: absolute; left: 0; top: 15%; bottom: 15%; background: rgba(11,103,208,.14); border-radius: 0 3px 3px 0; }
table.fd-tbl td.fd-type { font-weight: 600; white-space: nowrap; }
.fd-hint, .country-theme-embed-hint, .country-theme-embed-stats { font-size: 12px; color: var(--ink-faint); margin: 6px 0; }
table.panel-tbl tr.row-accelerating { background: #dcfce7; }
table.panel-tbl tr.row-decelerating { background: #fee2e2; }
table.panel-tbl tr.row-emerging { background: #dbeafe; }
table.panel-tbl tr.row-accelerating td.theme { border-left: 4px solid #16a34a; }
table.panel-tbl tr.row-decelerating td.theme { border-left: 4px solid #dc2626; }
table.panel-tbl tr.row-emerging td.theme { border-left: 4px solid #2563eb; }
table.panel-tbl .pos { color: #15803d; font-weight: 600; }
table.panel-tbl .neg { color: #b91c1c; font-weight: 600; }
table.panel-tbl .badge { margin-left: 6px; font-size: 10px; text-transform: uppercase; }
table.panel-tbl .badge-acc { background: #86efac; color: #14532d; }
table.panel-tbl .badge-dec { background: #fca5a5; color: #7f1d1d; }
table.panel-tbl .badge-em { background: #93c5fd; color: #1e3a8a; }
table.panel-tbl td.theme.has-tip { cursor: help; border-bottom: 1px dotted #94a3b8; }
table.panel-tbl a.theme-link { color: var(--cobalt-dark); font-weight: 650; text-decoration: none; }
table.panel-tbl a.theme-link:hover { text-decoration: underline; }

.story p { font-size: 15px; line-height: 1.55; color: var(--ink); margin: 0 0 12px; }
ul.arts { list-style: none; margin: 0; padding: 0; }
ul.arts li { padding: 12px 0; border-bottom: 1px solid var(--rule); }
ul.arts li:last-child { border-bottom: 0; }
ul.arts .art-hed { font-size: 15px; font-weight: 650; }
ul.arts .art-meta { font-size: 12px; margin-top: 3px; }
ul.arts .art-src { font-size: 12px; margin-top: 2px; }
ul.arts .excerpt { font-size: 14px; color: var(--ink-soft); margin: 6px 0 0; }
svg.share-spark { display: block; }

.contrib td.pos { color: var(--warn); font-weight: 650; }
.contrib td.neg { color: var(--good-deep); font-weight: 650; }

.foot {
  border-top: 1px solid var(--rule); padding: 18px 22px 40px;
  color: var(--ink-faint); font-size: 12px;
}
.note {
  font-size: 12px; color: var(--ink-faint); max-width: 80ch; margin: 8px 0 0;
}

@media (max-width: 860px) {
  .lenses, .stats { grid-template-columns: 1fr; }
  .topbar { flex-direction: column; align-items: flex-start; }
  .hero h1 { font-size: 22px; }
}
