@font-face{font-family:Research Sans;src:local('Helvetica Neue');font-display:swap}
:root{--bg:#fcfcfc;--surface:#f3f3f1;--ink:#080808;--muted:#646464;--line:#d5d5d1;--blue:#171717;--positive:#176047;--negative:#a53228;--neutral:#666;--display:'Research Sans','Helvetica Neue',Arial,sans-serif;--body:Arial,sans-serif;--mono:'SFMono-Regular',Consolas,'Liberation Mono',monospace;--max:1440px;--gutter:clamp(20px,4vw,64px);--s1:8px;--s2:16px;--s3:24px;--s4:40px;--s5:64px;--s6:96px}
*{box-sizing:border-box}html{scroll-behavior:smooth;scroll-padding-top:100px}body{margin:0;background:var(--bg);color:var(--ink);font:16px/1.55 var(--body);-webkit-font-smoothing:antialiased}a{color:inherit;text-decoration:none}button,input,select{font:inherit}button,a,input,select{touch-action:manipulation}button{cursor:pointer}button:disabled{cursor:default}a,button{transition:color .16s,background .16s,border-color .16s}a:hover{color:var(--blue)}:focus-visible{outline:2px solid var(--blue);outline-offset:5px}::selection{background:var(--blue);color:white}img,svg{max-width:100%}img{height:auto}h1,h2,h3,h4,p{margin:0}h1,h2,h3{font-family:var(--display);font-weight:500;line-height:1.06;letter-spacing:-.045em}h2{font-size:clamp(32px,4vw,58px)}h3{font-size:clamp(24px,2.6vw,36px)}p+p{margin-top:1em}.wrap{max-width:var(--max);margin:auto;padding:0 var(--gutter)}.meta,.tag,.filter,.nav a,.section-index,.button,.small-link{font:12px/1.5 var(--mono);letter-spacing:.035em;text-transform:uppercase}.meta{color:var(--muted)}.blue{color:var(--blue)}.muted{color:var(--muted)}.skip{position:fixed;top:-100px;background:var(--blue);color:#fff;padding:14px;z-index:50}.skip:focus{top:10px}.site-header{background:var(--bg);border-bottom:1px solid var(--line);position:sticky;top:0;z-index:20}.header-inner{height:82px;display:flex;align-items:center;justify-content:space-between;gap:24px}.brand{font-size:22px;font-weight:700;letter-spacing:-1px;display:flex;align-items:center;gap:12px}.brand-mark{height:20px;width:20px;background:var(--blue);color:white;display:grid;place-items:center;font:12px/1 var(--mono);letter-spacing:-1px}.nav{display:flex;gap:34px}.nav a{font-size:13px;padding:10px 0;border-bottom:1px solid transparent}.nav a[aria-current=page]{border-color:var(--blue);color:var(--blue)}.edition{color:var(--muted)}.hero{padding-top:38px}.hero-top{display:flex;justify-content:space-between}.hero h1{font-size:clamp(66px,10.5vw,153px);line-height:.91;letter-spacing:-.072em;color:var(--blue);padding:42px 0 46px;max-width:1100px}.hero h1 span{display:block}.hero h1 span:nth-child(2){margin-left:17%}.hero h1 span:nth-child(3){margin-left:7%}.hero-bottom{display:grid;grid-template-columns:1fr 1.32fr .55fr;border-top:1px solid var(--line);border-bottom:1px solid var(--line)}.hero-bottom>div{padding:28px 28px 32px 0}.hero-bottom>div+div{border-left:1px solid var(--line);padding-left:28px}.hero-summary{font-size:19px;line-height:1.5;max-width:510px}.hero-background{font-size:12px;line-height:1.85}.hero-link{display:flex;align-items:end;justify-content:space-between;gap:16px;color:var(--blue);font-size:16px}.arrow-square{width:46px;height:46px;display:grid;place-items:center;background:var(--blue);color:white;font-size:25px}.section{padding:70px 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16px;position:relative;display:block;background:var(--bg)}.chart-card:hover{background:#f0f0ed;color:var(--ink)}.chart-card:after{content:'↗';position:absolute;right:20px;top:18px;color:var(--blue);font-size:20px}.chart-card h3{font:13px/1.45 var(--mono);letter-spacing:.02em;text-transform:uppercase;padding-right:24px;min-height:38px}.chart-value{font-family:var(--display);font-size:40px;font-weight:500;letter-spacing:-.05em;font-variant-numeric:tabular-nums;line-height:1.2;margin:14px 0 3px}.chart-change{font:12px/1.5 var(--mono);color:var(--muted)}.sparkline{display:block;width:100%;height:88px;margin:16px 0}.card-foot{display:flex;align-items:center;justify-content:space-between;font:11px/1.5 var(--mono);color:var(--muted);gap:8px}.dark-section .chart-grid{border-color:#3d3d3d}.dark-section .chart-card{background:#111;color:white;border-color:#3d3d3d}.dark-section .chart-card:hover{background:#202020}.dark-section .chart-card:after{color:#f5f5f3}.dark-section .sparkline{color:#e5e5e1}.dark-section .chart-change,.dark-section .card-foot{color:#aaa}.snapshot-note{margin-top:20px;font:12px/1.5 var(--mono);color:var(--muted)}.research-grid{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));border-top:1px solid var(--line)}.research-card{padding:26px 28px 32px 0;min-height:310px;display:flex;flex-direction:column;gap:20px;border-bottom:1px solid var(--line)}.research-card+.research-card{border-left:1px solid var(--line);padding-left:28px}.research-card h3{font-size:31px}.research-card p{color:var(--muted);font-size:16px;line-height:1.55}.research-card .meta{margin-top:auto}.research-card .tag{color:var(--blue)}.research-card:hover h3{color:var(--blue)}.themes{display:grid;grid-template-columns:1fr 2fr;gap:40px;border-top:1px solid var(--line);padding:60px 0}.theme-list{display:grid;grid-template-columns:1fr 1fr}.theme-list a{display:flex;justify-content:space-between;align-items:center;padding:22px 0;border-bottom:1px solid var(--line);font-size:22px;letter-spacing:-.03em}.theme-list a:nth-child(odd){margin-right:30px}.theme-list span{font:12px var(--mono);color:var(--muted)}.writing-row{display:grid;grid-template-columns:170px 1fr 130px 20px;gap:24px;align-items:center;padding:28px 0;border-top:1px solid var(--line)}.writing-row h3{font-size:27px}.writing-row .meta{font-size:12px}.writing-row:last-child{border-bottom:1px solid var(--line)}.about-strip{display:grid;grid-template-columns:1fr 2fr;gap:40px;padding:60px 0;border-top:1px solid var(--line)}.about-strip p{max-width:650px;font-size:25px;letter-spacing:-.025em;line-height:1.4}.about-strip a{display:inline-block;margin-top:24px}.site-footer{border-top:1px solid var(--line);padding:32px 0 24px}.footer-top{display:flex;justify-content:space-between;gap:32px}.footer-links{display:flex;gap:26px}.footer-note{display:flex;justify-content:space-between;gap:30px;margin-top:36px;font-size:12px;color:var(--muted)}.page-intro{padding:48px 0 36px}.page-intro h1{font-size:clamp(62px,8vw,110px);margin:22px 0;color:var(--blue);letter-spacing:-.065em}.intro-row{display:flex;align-items:end;justify-content:space-between;gap:30px}.intro-row p{max-width:570px;font-size:18px;color:var(--muted)}.regime{border:1px solid var(--line);margin:0 0 38px}.regime-head{padding:14px 20px;border-bottom:1px solid var(--line);display:flex;justify-content:space-between;gap:15px}.regime-grid{display:grid;grid-template-columns:repeat(5,1fr)}.regime-cell{padding:20px;border-right:1px solid var(--line)}.regime-cell:last-child{border:0}.regime-cell strong{display:block;margin-bottom:7px;font-weight:400}.regime-cell span{font:12px var(--mono);color:var(--muted)}.filter-bar{display:flex;gap:8px;flex-wrap:wrap;margin:26px 0}.filter{border:1px solid var(--line);background:transparent;padding:10px 15px;font-size:12px}.filter:hover{border-color:var(--blue)}.filter[aria-pressed=true]{background:var(--blue);color:white;border-color:var(--blue)}.catalog-count{font:12px var(--mono);color:var(--muted);margin-bottom:18px}.note-box{border-left:2px solid var(--blue);padding:16px 24px;background:var(--surface);font-size:15px;color:var(--muted);margin:24px 0}.archive-list .research-card{border:0;padding:0;min-height:0}.archive-row{display:grid;grid-template-columns:190px 1fr 170px;gap:36px;padding:32px 0;border-top:1px solid var(--line)}.archive-row h2{font-size:33px;margin-bottom:12px}.archive-row p{max-width:650px;color:var(--muted)}.archive-row .tag{color:var(--blue)}.archive-row .right{text-align:right}.archive-empty{padding:32px 0}.chart-intro{padding-top:34px}.breadcrumbs{font:12px var(--mono);color:var(--muted);display:flex;gap:15px;flex-wrap:wrap}.chart-title{display:flex;justify-content:space-between;align-items:end;gap:40px;padding:30px 0}.chart-title h1{font-size:clamp(40px,5.4vw,74px);letter-spacing:-.055em;margin:14px 0 12px}.chart-title p{color:var(--muted);max-width:650px}.stat{text-align:right;white-space:nowrap}.stat strong{display:block;font-size:54px;font-weight:500;letter-spacing:-.05em;line-height:1.15;font-variant-numeric:tabular-nums}.stat .meta{display:block;margin-top:8px}.chart-workspace{border:1px solid var(--line);background:var(--bg);position:relative}.chart-controls{padding:14px 20px;display:flex;align-items:center;justify-content:space-between;gap:15px;border-bottom:1px solid var(--line);flex-wrap:wrap}.range-group{display:flex;gap:3px;flex-wrap:wrap}.range-button,.utility{font:12px var(--mono);padding:9px 12px;background:transparent;border:1px solid transparent;color:var(--ink)}.range-button:hover,.utility:hover{border-color:var(--line)}.range-button[aria-pressed=true]{color:white;background:var(--blue)}.utility{border-color:var(--line)}.utilities{display:flex;gap:8px;align-items:center}.utilities label{font:12px var(--mono)}.utilities select{max-width:170px;font-size:12px;background:var(--bg);border:1px solid var(--line);padding:8px}.chart-toolbar{padding:14px 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0}.context-nav{display:flex;flex-direction:column;gap:15px;align-items:start;position:sticky;top:115px;align-self:start;font:12px var(--mono);text-transform:uppercase}.context-sections{max-width:900px}.context-sections section{padding:0 0 36px;margin-bottom:32px;border-bottom:1px solid var(--line)}.context-sections h2{font-size:30px;margin-bottom:20px}.context-sections p{color:#454545;max-width:760px}.context-sections .read-placeholder{font-size:22px;color:var(--muted)}.context-sections ul{padding-left:20px}.context-sections a:not(.chart-card){text-decoration:underline;text-underline-offset:4px}.data-table-wrap{overflow:auto;width:100%;border:1px solid var(--line);margin-top:15px;max-height:360px}table{border-collapse:collapse;width:100%;font-size:14px}th,td{padding:12px 16px;text-align:left;border-bottom:1px solid var(--line)}th{font-weight:400;font:12px var(--mono);background:var(--surface)}td{font-variant-numeric:tabular-nums}details{margin-top:20px}summary{cursor:pointer}.article-heading{max-width:1020px;padding:48px 0 35px}.article-heading h1{font-size:clamp(43px,5.9vw,80px);margin:26px 0}.article-deck{font-size:21px;color:var(--muted);max-width:750px}.article-layout{display:grid;grid-template-columns:210px minmax(0,780px);gap:65px;padding:35px 0 70px;border-top:1px solid var(--line)}.article-aside{font:12px/1.7 var(--mono);color:var(--muted)}.article-aside strong{color:var(--ink);display:block;font-weight:400;margin:20px 0 10px}.article-aside a{display:block;margin-bottom:10px}.prose{font-size:18px;line-height:1.8;min-width:0;overflow-wrap:break-word}.prose h2{font-size:32px;margin:40px 0 20px;line-height:1.15}.prose h3{font-size:24px;margin:30px 0 15px}.prose p{margin-bottom:20px}.prose a{color:var(--blue);text-decoration:underline}.prose blockquote{margin:34px 0;border-left:2px solid var(--blue);padding:8px 0 8px 26px;font-size:26px;line-height:1.45;letter-spacing:-.025em}.prose blockquote p{margin:0}.prose ul,.prose ol{padding-left:24px}.prose img{display:block;width:100%;margin:30px 0;border:1px solid var(--line)}.prose table{line-height:1.5;font-size:14px}.prose .data-table-wrap{margin:25px 0;max-height:none}.about-grid{display:grid;grid-template-columns:1fr 1.5fr;gap:80px;padding:30px 0 90px}.about-photo{width:100%;max-width:370px;filter:grayscale(1)}.about-copy p{font-size:23px;line-height:1.5;letter-spacing:-.02em;margin-bottom:28px}.experience{border-top:1px solid var(--line);margin:40px 0}.experience>div{display:grid;grid-template-columns:1fr 1.2fr;padding:20px 0;border-bottom:1px solid var(--line);gap:20px}.experience span{color:var(--muted)}[hidden]{display:none!important}
@media(min-width:1600px){.hero h1{font-size:155px}}
@media(max-width:1050px){.edition{display:none}.hero h1{font-size:11.4vw}.chart-grid{grid-template-columns:repeat(2,minmax(0,1fr))}.hero-bottom{grid-template-columns:1fr 1.5fr}.hero-bottom>div:last-child{display:none}.research-card h3{font-size:27px}.chart-context{grid-template-columns:180px minmax(0,1fr);gap:32px}.article-layout{grid-template-columns:155px minmax(0,1fr);gap:35px}.archive-row{grid-template-columns:140px 1fr 120px;gap:25px}.about-grid{gap:40px}.stat strong{font-size:44px}}
@media(max-width:700px){.header-inner{height:auto;min-height:76px;gap:18px;flex-wrap:wrap;padding-top:17px;padding-bottom:17px}.brand{font-size:19px;gap:8px}.brand-mark{width:16px;height:16px;font-size:10px}.nav{gap:18px}.nav a{font-size:11px}.hero{padding-top:25px}.hero-top .meta:last-child{display:none}.hero h1{font-size:clamp(48px,12.5vw,86px);line-height:.98;padding:38px 0;letter-spacing:-.065em}.hero h1 span:nth-child(2){margin-left:13%}.hero h1 span:nth-child(3){margin-left:0}.hero-bottom{grid-template-columns:1fr}.hero-bottom>div{padding:20px 0}.hero-bottom>div+div{border-left:0;border-top:1px solid var(--line);padding-left:0}.hero-background{display:none}.hero-summary{font-size:18px}.section{padding:45px 0}.section-head{margin-bottom:24px}.section-title-row{align-items:start;gap:20px}.section-title-row .small-link{white-space:normal;font-size:11px;text-align:right;max-width:130px}.thesis,.themes,.about-strip{grid-template-columns:1fr;gap:24px}.thesis h2{font-size:37px}.thesis p{font-size:16px}.chart-card{padding:17px 14px 13px}.chart-card h3{font-size:11px;min-height:36px}.chart-card:after{right:12px;top:14px;font-size:17px}.chart-value{font-size:33px}.chart-change{font-size:11px}.sparkline{height:70px;margin:15px 0}.card-foot{font-size:10px;flex-wrap:wrap}.research-grid{grid-template-columns:1fr}.research-card,.research-card+.research-card{border-left:0;padding:24px 0;min-height:0;gap:16px}.research-card h3{font-size:32px}.research-card .meta{margin-top:7px}.themes{padding:40px 0}.theme-list a{font-size:18px;padding:17px 0}.theme-list a:nth-child(odd){margin-right:20px}.writing-row{grid-template-columns:1fr 24px;gap:9px;padding:23px 0}.writing-row h3{grid-column:1;grid-row:2;font-size:26px}.writing-row>.meta:nth-child(3){grid-column:1}.writing-row>span:last-child{grid-column:2;grid-row:2}.about-strip{padding:40px 0}.about-strip p{font-size:23px}.footer-top,.footer-note{flex-direction:column;gap:20px}.footer-links{font-size:14px}.footer-note{margin-top:24px}.page-intro{padding:30px 0}.page-intro h1{font-size:65px;margin:18px 0}.intro-row{display:block}.intro-row>.meta{margin-top:20px}.intro-row p{font-size:16px}.regime-grid{grid-template-columns:repeat(2,1fr)}.regime-cell{padding:15px;border-bottom:1px solid var(--line)}.regime-cell:last-child{grid-column:1/-1}.regime-head{padding:12px 15px;flex-wrap:wrap}.regime-head .meta{font-size:11px}.filter-bar{gap:6px}.filter{font-size:11px;padding:9px 11px}.archive-row{grid-template-columns:1fr;gap:14px;padding:26px 0}.archive-row h2{font-size:31px}.archive-row .right{text-align:left;display:flex;gap:20px}.chart-title{display:block;padding:24px 0}.chart-title h1{font-size:43px}.chart-title p{font-size:16px}.stat{text-align:left;margin-top:24px}.stat strong{font-size:42px}.chart-controls{padding:12px;gap:15px}.range-group{gap:1px}.range-button{padding:9px 10px}.utilities{flex-wrap:wrap}.utilities select{max-width:150px}.chart-toolbar{padding:12px;display:block}.chart-hover{margin-top:12px;font-size:11px}.chart-canvas{height:340px}.chart-caption{font-size:10px;flex-direction:column;gap:8px;padding:12px}.chart-context{grid-template-columns:1fr;padding:36px 0;gap:30px}.context-nav{position:static;flex-direction:row;flex-wrap:wrap;font-size:11px;gap:18px}.context-sections h2{font-size:27px}.context-sections .read-placeholder{font-size:21px}.article-heading{padding:30px 0}.article-heading h1{font-size:44px}.article-deck{font-size:19px}.article-layout{grid-template-columns:1fr;gap:25px;padding:25px 0 45px}.article-aside{border-bottom:1px solid var(--line);padding-bottom:20px}.article-aside .toc{display:none}.prose{font-size:17px;line-height:1.75}.prose h2{font-size:28px}.prose blockquote{font-size:23px;padding-left:20px}.about-grid{grid-template-columns:1fr;gap:30px;padding-bottom:40px}.about-photo{max-width:210px}.about-copy p{font-size:21px}.experience>div{font-size:15px}}
@media(max-width:400px){.header-inner{gap:10px}.nav{gap:12px}.nav a{font-size:10px}.brand{font-size:17px}.chart-value{font-size:29px}.hero h1{font-size:12.2vw}.theme-list{grid-template-columns:1fr}.theme-list a:nth-child(odd){margin-right:0}}
@media(prefers-reduced-motion:reduce){html{scroll-behavior:auto}*,*:before,*:after{transition:none!important;animation:none!important}}
.macro-intro{display:grid;grid-template-columns:1fr 1.7fr;column-gap:60px;padding:28px 0}.macro-intro>.meta{grid-column:1/-1}.macro-intro h1{font-size:90px;margin:15px 0 5px}.macro-intro .intro-row{gap:40px;align-items:center}.macro-intro .intro-row p{font-size:16px;max-width:420px}.chart-workspace.expanded{position:fixed;inset:16px;z-index:100;overflow:auto;padding:10px;box-shadow:0 0 0 100vmax #fcfcfc}.chart-workspace.expanded .chart-canvas{height:calc(100dvh - 220px);min-height:240px}
@media(max-width:1050px){.macro-intro{grid-template-columns:1fr 2fr;gap:20px}.macro-intro .intro-row>.meta{display:none}}
@media(max-width:700px){.macro-intro{display:block;padding:24px 0}.macro-intro h1{font-size:60px;margin:14px 0}.chart-workspace.expanded{inset:5px;padding:0}.chart-workspace.expanded .chart-canvas{height:calc(100dvh - 300px)}}
@media(max-width:700px){.nav a{font-size:12px}.nav{gap:18px}.header-inner{justify-content:space-between}.card-foot,.chart-change,.chart-caption,.chart-hover,.filter,.range-button{font-size:12px}.chart-card h3{font-size:12px}.section-title-row .small-link{font-size:12px}.context-nav{font-size:12px}.hero-top .meta{font-size:12px}}
@media(max-width:450px){.header-inner{padding-top:14px;padding-bottom:12px;gap:12px}.nav{width:100%;justify-content:space-between}.nav a{padding:5px 0}.brand{font-size:19px}.hero{padding-top:20px}}

/* Portrait-led homepage: one greeting and two routes into the work. */
.home-intro{padding-top:12px;padding-bottom:64px}
.home-paths{display:grid;grid-template-columns:1fr 1fr;border-top:1px solid var(--ink);border-bottom:1px solid var(--ink)}
.home-path{padding:26px 32px 28px 0;display:grid;gap:12px;transition:background .18s,color .18s}
.home-path+.home-path{border-left:1px solid var(--line);padding-left:32px;padding-right:0}
.path-title{display:flex;align-items:center;justify-content:space-between;gap:16px;font:500 clamp(28px,3.3vw,46px)/1.15 var(--display);letter-spacing:-.045em}
.path-title>span{font:300 32px/1 var(--body);transition:transform .18s}
.path-description{font-size:15px;color:var(--muted)}
.home-path:hover .path-title>span{transform:translate(3px,-3px)}
.home-path:hover .path-title{text-decoration:underline;text-underline-offset:8px;text-decoration-thickness:1px}
.home-macro{padding:64px 0 54px}.home-macro .chart-value{color:var(--bg)}
.home-section-deck{color:var(--muted);font-size:16px;line-height:1.45}
.dark-section .home-section-deck{color:#aaa}.dark-section :focus-visible{outline-color:#fff}
.home-macro .sparkline{color:#e5e5e1}
.home-articles{padding-top:64px;padding-bottom:72px}
.article-destinations{display:flex;gap:26px}
.home-more-articles{margin-top:40px}.home-more-articles>p{margin-bottom:18px}
.legend .compare i{background:repeating-linear-gradient(to right,#777 0 5px,transparent 5px 8px)}
@media(max-width:1050px){.home-intro{padding-bottom:48px}}
@media(max-width:700px){
  .home-intro{padding-top:16px;padding-bottom:36px}
  .home-path{padding:20px 16px 21px 0;gap:10px}.home-path+.home-path{padding-left:16px}
  .path-title{font-size:clamp(24px,4.8vw,33px);align-items:start;line-height:1.1}.path-title>span{font-size:24px}
  .home-path .meta{font-size:10px;letter-spacing:0}.path-description{font-size:13px;max-width:170px;line-height:1.5}
  .home-macro{padding:40px 0}.home-section-deck{display:none}
  .home-articles{padding:40px 0}.article-destinations{gap:18px}.article-destinations .small-link{font-size:11px}
  .home-articles .section-head{align-items:start}.home-articles .section-index{max-width:135px}
  .home-articles .section-index span{margin-right:12px}.home-more-articles{margin-top:32px}
}
@media(max-width:400px){.path-title{font-size:24px}.path-title>span{font-size:21px}.home-path .meta{font-size:9px}}

/* Editorial cover: legible type on the left, portrait on the right. */
.welcome-hero{background:#222322;color:#fcfcfc;overflow:hidden;position:relative;isolation:isolate;border-bottom:1px solid #414240}
.welcome-stage{height:clamp(550px,45vw,640px);position:relative;isolation:isolate}
.welcome-stage:before{content:'';position:absolute;left:65%;top:0;bottom:0;width:1px;background:#3b3c3a;z-index:0}
.welcome-copy{position:relative;padding-top:50px;z-index:3;width:61%;pointer-events:none}
.welcome-copy h1{font-size:28px;font-weight:400;line-height:1.2;letter-spacing:-.04em}
.welcome-lettering{margin-top:40px;font:600 clamp(116px,14.8vw,211px)/.87 var(--display);letter-spacing:-.065em;color:#f4f4ec}
.welcome-lettering>span{display:block;white-space:nowrap}
.welcome-lettering .welcome-ideas{font-family:Georgia,'Times New Roman',serif;font-style:italic;font-weight:400;font-size:.91em;letter-spacing:-.075em;margin-top:12px;color:#d8d9d0}
.welcome-rule{display:flex;align-items:center;gap:20px;width:clamp(260px,36vw,510px);margin-top:48px;color:#989b94;font:25px/1 var(--display)}
.welcome-rule:before{content:'';height:1px;background:#64665f;flex:1}
.welcome-portrait{position:absolute;left:76%;top:20px;width:auto;height:111%;max-width:none;transform:translateX(-50%);z-index:2;object-fit:contain;filter:grayscale(1) contrast(1.04) brightness(1.06);
clip-path:polygon(25.78% 100.00%,26.76% 95.90%,28.32% 92.09%,28.71% 83.79%,30.18% 76.46%,32.62% 69.82%,34.96% 68.07%,41.60% 64.36%,46.58% 61.52%,46.68% 56.45%,45.90% 52.93%,44.34% 51.27%,39.55% 50.49%,37.21% 49.22%,36.52% 47.17%,36.72% 44.34%,36.04% 42.77%,36.43% 41.41%,35.84% 40.04%,36.62% 38.38%,35.25% 36.52%,34.96% 34.96%,35.55% 33.50%,37.21% 30.96%,37.70% 29.59%,37.11% 28.81%,36.52% 27.64%,37.50% 27.15%,36.43% 25.98%,37.50% 22.85%,38.57% 19.14%,39.45% 17.48%,36.33% 14.75%,35.94% 13.28%,37.01% 12.21%,37.60% 9.28%,38.28% 6.84%,40.04% 5.27%,42.09% 4.79%,43.95% 4.10%,46.09% 4.10%,48.83% 3.61%,50.78% 4.49%,56.25% 4.98%,57.52% 4.69%,60.55% 4.69%,63.09% 6.25%,66.31% 9.67%,69.14% 11.33%,71.48% 12.50%,72.46% 14.16%,73.73% 17.48%,74.71% 21.48%,75.88% 23.54%,75.29% 23.93%,75.29% 26.46%,74.41% 29.10%,73.54% 32.13%,71.48% 35.55%,68.95% 40.23%,66.89% 43.46%,65.62% 46.88%,65.62% 49.71%,66.80% 51.95%,68.07% 52.54%,68.36% 53.81%,69.63% 56.15%,71.09% 56.45%,77.34% 60.74%,82.91% 64.75%,85.64% 68.07%,87.60% 74.51%,89.36% 81.45%,89.65% 85.74%,89.06% 87.89%,89.75% 92.29%,90.33% 100.00%)}
.home-intro{padding-top:4px;padding-bottom:54px}.home-paths{border-top:0}
@media(max-width:1050px){
 .welcome-stage{height:530px}.welcome-copy{padding-top:44px;width:63%}
 .welcome-lettering{font-size:15vw;margin-top:42px}
 .welcome-portrait{left:76%;height:111%;top:32px}
 .welcome-rule{margin-top:42px;width:38vw}
}
@media(max-width:700px){
 .welcome-stage{height:670px}.welcome-stage:before{display:none}
 .welcome-copy{width:100%;padding-top:30px}
 .welcome-copy h1{font-size:24px}
 .welcome-lettering{font-size:clamp(82px,17.5vw,122px);margin-top:30px;line-height:.87}
 .welcome-lettering .welcome-ideas{margin-top:6px}
 .welcome-portrait{left:53%;top:250px;height:520px}
 .welcome-rule{display:none}
 .home-intro{padding-top:0;padding-bottom:34px}
}
@media(max-width:400px){
 .welcome-stage{height:620px}
 .welcome-portrait{left:50%;top:238px;height:480px}
}

/* Publication, chart rails and daily editions share the same editorial grid. */
:root{--ease-editorial:cubic-bezier(.22,1,.36,1)}
.header-inner .nav{margin-left:auto;gap:clamp(18px,3vw,42px)}
.footer-note{margin-top:0}
.home-paths{grid-template-columns:repeat(4,minmax(0,1fr))}
.home-path,.home-path+.home-path{padding:25px 22px;gap:14px}
.home-path{grid-template-rows:auto 1fr auto}.home-path:first-child{padding-left:0}.home-path:last-child{padding-right:0}
.path-title{font-size:clamp(24px,2.4vw,34px);align-items:start;line-height:1.1}.path-title>span{font-size:25px}
.path-description{font-size:14px}.home-path .meta{font-size:10px}
.home-crypto{border-bottom:1px solid var(--line)}
.home-articles{border-bottom:1px solid var(--line)}
.serif-em{font:italic 400 1em/1 Georgia,serif;letter-spacing:-.065em}
.chart-rail{min-width:0}.rail-track{display:flex;overflow-x:auto;scroll-snap-type:x mandatory;scrollbar-width:none;overscroll-behavior-x:contain;border:1px solid var(--line);scroll-behavior:auto}
.rail-track::-webkit-scrollbar{display:none}.rail-track.is-gliding{scroll-snap-type:none}
.rail-track>.chart-card{flex:0 0 25%;scroll-snap-align:start;border-bottom:0;min-height:290px}
.rail-track>.chart-card:last-child{border-right:0}.dark-section .rail-track{border-color:#3d3d3d}
.rail-controls{display:flex;align-items:center;gap:14px;margin-top:24px}.rail-hint{margin-right:14px}.rail-hint span{margin-left:12px;font-size:20px}.rail-count{white-space:nowrap;min-width:75px;text-align:right}
.rail-progress{height:2px;flex:1;background:var(--line);overflow:hidden;margin-right:15px}.rail-progress i{display:block;height:100%;background:currentColor}
.rail-button{border:1px solid var(--line);border-radius:50%;height:42px;width:42px;padding:0;background:transparent;color:inherit;font-size:20px}.rail-button:not(:disabled):hover{background:var(--ink);color:var(--bg);border-color:var(--ink)}.rail-button:disabled{opacity:.3}.dark-section .rail-button{border-color:#555}.dark-section .rail-button:not(:disabled):hover{background:#eee;color:#111}.dark-section .rail-progress{background:#444}
.crypto-tile{padding:0;display:flex;flex-direction:column}.crypto-card-link{padding:22px 22px 12px;display:block;flex:1}.crypto-tile:after{pointer-events:none}.crypto-card-link:focus-visible{outline-offset:-4px}.crypto-tile .chart-value{font-size:clamp(27px,3vw,40px)}
.tile-attribution{padding:0 22px 15px;font:9px/1.5 var(--mono);color:var(--muted)}.tile-attribution a{text-decoration:underline;text-underline-offset:3px}.tile-attribution a:hover{color:var(--ink)}.crypto-library-note{max-width:850px;margin:28px 0 60px;font:12px/1.7 var(--mono);color:var(--muted)}
.crypto-source-bar{display:flex;gap:8px;align-items:center;flex-wrap:wrap;font:12px/1.5 var(--mono);padding:14px 0}.crypto-source-bar a{text-decoration:underline;text-underline-offset:3px}.crypto-source-bar>span{margin-left:auto;color:var(--muted)}
.crypto-series-toggles{display:flex;flex-wrap:wrap;gap:12px 24px;padding:18px 20px 6px;font:12px/1.4 var(--mono)}.crypto-series-toggles label{display:flex;align-items:center;gap:6px;cursor:pointer}.crypto-series-toggles input{accent-color:var(--ink);width:16px;height:16px}.crypto-series-toggles i{height:2px;width:16px}.crypto-hover{min-height:44px;margin:0;padding:12px 20px;white-space:normal;line-height:1.5}.crypto-navigation{display:flex;flex-wrap:wrap;gap:20px;align-items:center;padding:18px 0}
.crypto-table-section{padding:36px 0}.crypto-table-section h2{font-size:36px;margin-bottom:24px}.heatmap-scroll{overflow:auto}.return-heatmap{font:12px/1.4 var(--mono);min-width:850px}.return-heatmap caption{text-align:left;padding:12px 0;color:var(--muted)}.return-heatmap td,.return-heatmap th{text-align:center;padding:12px 9px;border:3px solid var(--bg)}.heat-positive{background:rgb(89 118 90 / var(--intensity));color:#101f11}.heat-negative{background:rgb(164 102 85 / var(--intensity));color:#381a15}
.editorial-feature{display:grid;grid-template-columns:1.35fr 1fr;gap:28px}
.editorial-card{display:flex;flex-direction:column;gap:18px;align-items:start;padding-bottom:26px;border-bottom:1px solid var(--line)}
.editorial-lead{grid-row:span 2;display:flex;flex-direction:column;gap:22px;padding-right:28px;border-right:1px solid var(--line)}
.editorial-card:not(.editorial-lead) .editorial-image{aspect-ratio:2.6}.editorial-image{position:relative;overflow:hidden;width:100%;background:#151515;aspect-ratio:1/1}.editorial-image img{height:100%;width:100%;object-fit:cover;filter:grayscale(1);transition:transform .8s var(--ease-editorial),filter .5s}.editorial-image>span{position:absolute;bottom:0;left:0;padding:6px 8px;font:9px/1.4 var(--mono);color:#eee;background:rgb(0 0 0 / .68)}
.editorial-lead .editorial-image{aspect-ratio:3/2}.editorial-copy{display:flex;flex-direction:column;gap:17px;min-width:0}.editorial-copy h3{font-size:clamp(25px,2.7vw,37px);line-height:1.06}.editorial-lead h3{font-size:clamp(33px,3.4vw,47px)}.editorial-copy p{color:var(--muted);font-size:17px;line-height:1.5}.editorial-foot{display:flex;gap:16px;align-items:center;justify-content:space-between;margin-top:10px}.editorial-foot>span:last-child{font-size:25px;color:var(--ink)}
.editorial-card:hover img{transform:scale(1.045)}.editorial-card:hover h3{text-decoration:underline;text-decoration-thickness:1px;text-underline-offset:5px}.editorial-type-art{width:100%;display:flex;flex-direction:row;align-items:center;gap:20px;justify-content:center;background:#e5e5df;color:#20221c;aspect-ratio:2.6;padding:16px;font:600 48px/.95 var(--display);letter-spacing:-.06em}.editorial-type-art>span:nth-child(2){font-size:32px;text-align:right;margin:10px 0}.editorial-type-art em{font:italic 24px/1 Georgia,serif;letter-spacing:-.04em}.home-more-articles .writing-row{padding:23px 0}.home-more-articles .writing-row h3{font-size:25px}
.will-reveal{opacity:.5;transform:translateY(14px);transition:opacity .7s var(--ease-editorial),transform .7s var(--ease-editorial)}.will-reveal.in-view{opacity:1;transform:none}
.market-teaser{display:grid;grid-template-columns:1.15fr 1fr;overflow:hidden;border:1px solid var(--line);background:#f0f0eb}.market-teaser-copy{padding:46px;display:flex;flex-direction:column;align-items:start;gap:24px}.market-teaser h3{font-size:clamp(35px,4.7vw,62px);line-height:1.03}.market-teaser-copy p{max-width:460px;color:var(--muted);font-size:18px}.market-teaser .small-link{margin-top:auto}.market-teaser-visual{position:relative;padding:35px;background:#e0e1d9;border-left:1px solid #cccfc4}.teaser-number{font:500 94px/.95 var(--display);letter-spacing:-.07em;margin:25px 0 8px}.teaser-number>span{font-size:.5em}.market-teaser-visual>p{font-size:14px}.market-teaser-visual .brief-trend{height:150px;margin-top:15px}.market-teaser:hover .small-link{padding-right:14px}.market-teaser .small-link{transition:padding .5s var(--ease-editorial)}
.archive-search{display:flex;align-items:center;justify-content:space-between;font:12px var(--mono);text-transform:uppercase;padding:18px 0;border-top:1px solid var(--line);border-bottom:1px solid var(--line);gap:25px}.archive-search input{font:15px var(--body);width:min(420px,65%);padding:13px;border:1px solid var(--line);background:transparent}.edition-row{display:grid;grid-template-columns:100px 1fr 35px;gap:40px;align-items:center;padding:35px 0;border-bottom:1px solid var(--line)}.edition-row time{display:flex;flex-direction:column;gap:4px;font:11px var(--mono);text-transform:uppercase}.edition-row time strong{font:500 58px/1 var(--display);letter-spacing:-.055em}.edition-row h2{font-size:36px;margin:12px 0}.edition-row p{color:var(--muted)}.edition-arrow{font-size:30px}
.brief-heading{padding:35px 0 0}.brief-dateline{display:flex;justify-content:space-between;gap:24px;align-items:center}.brief-heading h1{font-size:clamp(52px,7.4vw,106px);line-height:1;letter-spacing:-.06em;max-width:1000px;margin:42px 0 26px}.brief-heading>p{font-size:clamp(18px,2vw,24px);color:var(--muted);max-width:720px;line-height:1.4}.brief-status{display:flex;justify-content:space-between;gap:20px;margin-top:40px;border-top:1px solid var(--ink);padding:12px 0;font:11px/1.5 var(--mono);text-transform:uppercase;color:var(--muted)}
.brief-scoreboard{display:grid;grid-template-columns:repeat(4,minmax(0,1fr));background:#21231f;color:#fcfcf8}.brief-metric{padding:28px 24px;display:flex;flex-direction:column;gap:12px;border-right:1px solid #50534b}.brief-metric:last-child{border:0}.brief-metric>.meta{color:#c9cabe}.brief-metric>strong{font:500 clamp(32px,4vw,53px)/1 var(--display);letter-spacing:-.05em}.brief-metric>span:last-child{font:11px/1.5 var(--mono);color:#c9cabe}.brief-metric:hover{color:white;background:#30342b}
.evidence{display:inline-flex;border:1px solid currentColor;align-items:center;justify-content:center;width:19px;height:19px;font:10px/1 var(--mono);vertical-align:middle;flex-shrink:0;letter-spacing:0}.provenance-key{display:flex;align-items:center;gap:8px;font:10px/1.6 var(--mono);color:var(--muted);padding:14px 0;flex-wrap:wrap}.provenance-key .evidence:not(:first-child){margin-left:12px}.provenance-key a{margin-left:auto;border-bottom:1px solid var(--line)}
.brief-takeaways{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));margin:35px 0 55px}.brief-takeaways>div{padding:0 30px;border-right:1px solid var(--line)}.brief-takeaways>div:first-child{padding-left:0}.brief-takeaways>div:last-child{border:0;padding-right:0}.brief-takeaways h2{font-size:31px;margin:20px 0 14px}.brief-takeaways p{font-size:15px;color:var(--muted);line-height:1.6}
.brief-section{padding:20px 0 42px}.brief-section .section-head{border-top:1px solid var(--line);padding-top:24px}.brief-grid{display:grid;grid-template-columns:1fr 1fr;gap:24px}.brief-panel{background:#f1f1ec;border:1px solid #e0e1d8;padding:30px;min-width:0}.brief-panel h2{font-size:clamp(28px,3vw,42px);margin:18px 0 14px}.brief-panel>p{font-size:14px;color:var(--muted);max-width:500px}.brief-bars{margin:30px 0 24px;display:flex;flex-direction:column;gap:19px}.brief-bar-row{display:grid;grid-template-columns:120px 1fr 67px;align-items:center;gap:12px;font:12px/1.4 var(--mono)}.brief-bar-row>span{font:14px var(--body)}.brief-bar-row strong{text-align:right;font-weight:400;font-variant-numeric:tabular-nums}.brief-bar-track{height:24px;background:#e0e1da}.brief-bar-track i{height:100%;display:block;min-width:2px;background:#384434}.brief-bar-track i.negative{background:#a68b81}.chart-source{display:block;margin-top:20px;font:10px/1.7 var(--mono);text-decoration:underline;text-underline-offset:3px;color:var(--muted)}.chart-note{font:11px/1.7 var(--mono)!important;color:var(--muted);margin-top:16px}
.breadth-panel{grid-column:1/-1;display:grid;grid-template-columns:1fr 1.5fr;gap:60px;align-items:center;background:#20221f;color:#f7f7f0}.breadth-panel .meta,.breadth-panel p,.breadth-panel a{color:#c8cabf}.breadth-panel h2{margin-top:14px}.breadth-panel>div>p{font-size:13px;max-width:320px}.breadth-values{display:flex;justify-content:space-between;gap:20px}.breadth-values>span{display:flex;flex-direction:column;gap:8px;font:12px var(--mono)}.breadth-values>span:last-child{text-align:right}.breadth-values strong{font:500 68px/1 var(--display);letter-spacing:-.05em}.breadth-track{height:28px;background:#a89588;margin:20px 0}.breadth-track>i{display:block;height:100%;background:#d3d8c6;border-right:4px solid #20221f}
.brief-trend{display:block;width:100%;height:auto;max-height:240px;margin-top:22px;overflow:visible}.brief-trend text{font:11px var(--mono);fill:#676a60}.brief-line-legend{display:flex;gap:24px;font:12px var(--mono);margin-top:24px}.brief-panel details{font-size:13px}.brief-panel table caption{font:11px var(--mono)}
.rate-framework{margin-bottom:42px;padding:32px}.rate-title{display:flex;justify-content:space-between;align-items:center;gap:35px}.rate-title h2{margin:0}.rate-title p{font-size:16px;color:var(--muted);max-width:370px}.rate-scale{display:flex;position:relative;margin-top:95px}.rate-marker{position:absolute;bottom:100%;transform:translateX(-50%);display:flex;flex-direction:column;align-items:center;height:65px;gap:8px}.rate-marker strong{font:500 32px/1 var(--display);letter-spacing:-.04em;white-space:nowrap}.rate-marker i{height:24px;width:1px;background:var(--ink)}.rate-marker i:after{content:'';display:block;width:7px;height:7px;border-radius:50%;background:var(--ink);position:absolute;bottom:0;transform:translateX(-3px)}.rate-band{padding:16px 14px;border-top:5px solid #b2b7a9;border-right:1px solid #d0d3c7;display:flex;flex-direction:column;gap:14px;background:#e8eadf}.rate-band.selected{border-top-color:#242b21;background:#d3dac8}.rate-band strong{font-size:17px;font-weight:400}.rate-band .meta{font-size:10px}.rate-links{display:flex;justify-content:space-between;gap:20px;align-items:center;margin-top:18px}.rate-links .chart-source{margin:0}
.leadership-grid{display:grid;grid-template-columns:1fr 1fr;gap:25px}.leadership-column{padding:30px;background:#e9ecdf}.leadership-column.pressure{background:#ede6e2}.leadership-column h2{font-size:32px;margin-bottom:25px}.leadership-column>div{display:grid;grid-template-columns:27px 1fr 20px;gap:15px;align-items:center;padding:19px 0;border-top:1px solid #cbd0c0;font-size:18px}.leadership-column.pressure>div{border-color:#d4c6c0}
.scenario-grid{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));border:1px solid var(--line)}.scenario-grid article{padding:28px;border-right:1px solid var(--line)}.scenario-grid article:last-child{border:0}.scenario-grid article:first-child{background:#f0f1e9}.scenario-grid h2{font-size:33px;margin:24px 0}.scenario-grid dl{display:grid;grid-template-columns:45px 1fr;gap:10px;font:12px/1.5 var(--mono);padding:20px 0;border-block:1px solid var(--line)}.scenario-grid dd{margin:0}.scenario-grid dt{color:var(--muted)}.scenario-grid p{font-size:15px;color:var(--muted)}
.catalyst-list>div{display:grid;grid-template-columns:110px 1fr 1.4fr;gap:35px;padding:25px 0;border-top:1px solid var(--line);align-items:center}.catalyst-list h3{font-size:28px}.catalyst-list p{font-size:15px;color:var(--muted)}.brief-sources{border-top:1px solid var(--ink);padding:35px 0 60px}.brief-sources h2{font-size:32px;margin-bottom:22px}.brief-sources>p{max-width:850px;font:12px/1.8 var(--mono);color:var(--muted)}.brief-sources>div{display:flex;gap:18px;margin:25px 0;scroll-margin-top:100px}.brief-sources>div a,.brief-sources>div strong{font-size:14px;font-weight:400}.brief-sources>div p{font-size:12px;color:var(--muted);margin-top:7px;max-width:800px}.brief-sources>.small-link{display:inline-block;margin-top:25px}
@media(max-width:1100px){.editorial-card{grid-template-columns:130px minmax(0,1fr);gap:18px}.editorial-lead{display:flex;padding-right:22px}.editorial-feature{gap:22px}.editorial-type-art{font-size:37px;padding:13px}.editorial-type-art em{font-size:19px}.editorial-copy h3{font-size:28px}.editorial-lead h3{font-size:37px}.editorial-foot{font-size:10px}.home-path,.home-path+.home-path{padding:23px 18px}.path-title{font-size:27px}.path-description{font-size:13px}.market-teaser-copy{padding:32px}.market-teaser-visual{padding:30px}.brief-bar-row{grid-template-columns:105px 1fr 63px}.brief-panel{padding:24px}.brief-takeaways>div{padding-inline:22px}.brief-takeaways h2{font-size:27px}.rate-band strong{font-size:15px}.scenario-grid article{padding:22px}.scenario-grid h2{font-size:28px}}
@media(max-width:850px){.rail-track>.chart-card{flex-basis:50%}.home-paths{grid-template-columns:1fr 1fr}.home-path,.home-path+.home-path{padding:24px}.home-path:nth-child(odd){padding-left:0;border-left:0}.home-path:nth-child(-n+2){border-bottom:1px solid var(--line)}.home-path:last-child{padding-right:0}.header-inner{gap:15px}.header-inner .nav{gap:20px}.nav a{font-size:11px}.editorial-feature{grid-template-columns:1fr 1fr}.editorial-card{display:flex;flex-direction:column}.editorial-lead{grid-column:1/-1;grid-row:auto;border-right:0;padding-right:0;display:grid;grid-template-columns:1.2fr 1fr;align-items:center;gap:25px}.editorial-card:not(.editorial-lead) .editorial-image,.editorial-type-art{aspect-ratio:16/9}.editorial-type-art{font-size:56px;flex-direction:row;align-items:center;gap:10px}.editorial-type-art em{font-size:27px}.editorial-type-art>span:nth-child(2){font-size:40px}.editorial-copy h3{font-size:31px}.editorial-lead h3{font-size:34px}.market-teaser-copy{padding:26px}.market-teaser h3{font-size:40px}.brief-takeaways{gap:20px}.brief-takeaways>div{padding-inline:0;border:0}.brief-takeaways h2{font-size:25px}.brief-grid{gap:16px}.brief-bar-row{grid-template-columns:90px 1fr 60px;gap:8px}.brief-bar-row>span{font-size:12px}.brief-metric{padding:23px 15px}.brief-status{font-size:10px}.brief-scoreboard .meta{font-size:10px}.scenario-grid{grid-template-columns:1fr}.scenario-grid article{border-right:0;border-bottom:1px solid var(--line)}.scenario-grid h2{font-size:31px}.scenario-grid dl{grid-template-columns:60px 1fr}.rate-title{align-items:start}.rate-band{padding:13px 9px}.catalyst-list>div{grid-template-columns:80px 1fr;gap:20px}.catalyst-list p{grid-column:2}.breadth-panel{gap:30px}.breadth-values strong{font-size:54px}}
@media(max-width:600px){.header-inner{padding-top:14px;padding-bottom:7px;gap:8px}.header-inner .nav{width:100%;justify-content:space-between;gap:8px;margin-left:0;flex-wrap:wrap}.nav a{font-size:10px;padding:10px 0;letter-spacing:0}.brand{font-size:20px}.home-path,.home-path+.home-path{padding:22px 17px;gap:12px}.home-path:nth-child(odd){padding-left:0}.path-title{font-size:26px}.path-description{font-size:13px}.home-path .meta{font-size:9px}.rail-track>.chart-card{flex-basis:86%;min-height:310px}.rail-hint{display:none}.rail-progress{margin-right:0}.rail-controls{gap:12px}.rail-count{font-size:11px}.rail-button{width:42px;height:42px;flex-shrink:0}.rail-track .chart-card h3{font-size:13px}.rail-track .chart-value{font-size:42px}.rail-track .sparkline{height:90px}.rail-track .chart-card:not(.crypto-tile){padding:24px}.rail-track .crypto-card-link{padding:24px 24px 12px}.rail-track .tile-attribution{padding-left:24px}.crypto-grid{grid-template-columns:1fr 1fr}.crypto-card-link{padding:19px 14px 10px}.tile-attribution{padding:0 14px 16px;line-height:1.7}.crypto-tile .chart-value{font-size:29px}.crypto-tile h3{min-height:53px}.crypto-source-bar{font-size:10px}.crypto-source-bar>span{width:100%;margin:8px 0 0}.crypto-series-toggles{font-size:11px;padding:14px 12px 4px;gap:10px}.crypto-hover{padding:10px 12px;min-height:60px;font-size:11px}.crypto-navigation{gap:10px}.crypto-table-section h2{font-size:29px}.editorial-feature{gap:24px;grid-template-columns:1fr}.editorial-lead{display:flex;gap:22px}.editorial-card:not(.editorial-lead){display:grid;grid-template-columns:108px 1fr;gap:16px}.editorial-card:not(.editorial-lead) .editorial-image,.editorial-type-art{aspect-ratio:1}.editorial-copy h3{font-size:26px}.editorial-lead h3{font-size:35px}.editorial-type-art{display:flex;flex-direction:column;gap:0;font-size:30px;padding:10px}.editorial-type-art>span:nth-child(2){font-size:20px;margin:5px 0}.editorial-type-art em{font-size:17px}.editorial-foot{font-size:9px}.editorial-copy .tag{font-size:10px}.editorial-lead .editorial-foot{font-size:11px}.editorial-copy{gap:12px}.home-articles .section-index{max-width:none}.home-articles .section-head{gap:12px}.home-articles .small-link{font-size:11px}.home-more-articles .writing-row h3{font-size:24px}.market-teaser{grid-template-columns:1fr}.market-teaser-copy{padding:28px 24px;gap:20px}.market-teaser h3{font-size:40px}.market-teaser-copy p{font-size:16px}.market-teaser-visual{border-left:0;border-top:1px solid #cccfc4;padding:24px}.teaser-number{font-size:80px;margin:22px 0 6px}.market-teaser-visual .brief-trend{height:125px}.edition-row{grid-template-columns:62px 1fr 20px;gap:16px;align-items:start}.edition-row time strong{font-size:45px}.edition-row h2{font-size:28px}.edition-row p{font-size:14px}.edition-row .meta{font-size:10px}.edition-arrow{font-size:23px}.archive-search{align-items:start;flex-direction:column;gap:12px}.archive-search input{width:100%;font-size:16px}.brief-dateline{align-items:start;gap:15px}.brief-dateline .meta{font-size:10px;text-align:right}.brief-dateline .small-link{font-size:10px}.brief-heading h1{font-size:51px;margin:34px 0 20px}.brief-heading>p{font-size:18px}.brief-status{flex-direction:column;gap:7px;margin-top:28px}.brief-scoreboard{grid-template-columns:1fr 1fr}.brief-metric{padding:22px 17px;border-bottom:1px solid #50534b}.brief-metric:nth-child(2){border-right:0}.brief-metric strong{font-size:36px}.brief-metric:last-child{border-bottom:1px solid #50534b}.brief-metric>span:last-child{font-size:10px}.provenance-key{font-size:9px;gap:5px 7px}.provenance-key .evidence:not(:first-child){margin-left:3px}.provenance-key a{margin-left:0}.evidence{width:17px;height:17px;font-size:9px}.brief-takeaways{grid-template-columns:1fr;gap:24px;margin:25px 0 30px}.brief-takeaways>div{padding:0 0 20px;border-bottom:1px solid var(--line)}.brief-takeaways h2{font-size:29px;margin:12px 0}.brief-takeaways p{font-size:15px}.brief-grid{grid-template-columns:1fr;gap:16px}.brief-section{padding-bottom:28px}.brief-section .section-head{flex-wrap:wrap;gap:12px}.brief-section .section-head>.meta{font-size:10px}.brief-panel{padding:24px 20px}.brief-panel h2{font-size:31px}.brief-panel>p{font-size:13px}.brief-bar-row{grid-template-columns:93px 1fr 63px;gap:10px}.brief-bars{margin-top:26px;gap:18px}.brief-bar-track{height:22px}.breadth-panel{grid-template-columns:1fr;gap:24px}.breadth-values strong{font-size:61px}.rate-framework{padding:24px 20px}.rate-framework .section-head{flex-wrap:wrap;gap:12px}.rate-title{display:block}.rate-title h2{margin:15px 0}.rate-title p{font-size:14px}.rate-band{padding:14px 7px}.rate-band strong{font-size:11px;line-height:1.4}.rate-band .meta{font-size:8px;letter-spacing:0}.rate-scale{margin-top:80px}.rate-marker strong{font-size:28px}.rate-links{flex-direction:column;align-items:start}.rate-links .small-link{font-size:11px}.leadership-grid{grid-template-columns:1fr;gap:16px}.leadership-column{padding:24px}.leadership-column h2{font-size:30px}.leadership-column>div{font-size:16px;gap:9px}.catalyst-list>div{grid-template-columns:68px 1fr;gap:14px}.catalyst-list h3{font-size:26px}.catalyst-list p{font-size:14px}.brief-sources{padding-bottom:40px}.brief-sources h2{font-size:29px}.brief-sources>div a{overflow-wrap:anywhere}.brief-sources>p{font-size:11px}.footer-note{margin-top:0}}
@media(prefers-reduced-motion:reduce){.will-reveal{opacity:1;transform:none}.rail-track{scroll-behavior:auto}}
@media(max-width:850px){.home-paths{grid-template-columns:repeat(2,minmax(0,1fr))}.home-path{min-width:0}}
@media(max-width:600px){.path-title{display:block;position:relative;font-size:clamp(20px,6vw,26px)}.path-title>span{position:absolute;right:0;top:-27px;font-size:19px}.home-path .meta{padding-right:21px}.home-path .path-description{max-width:100%}.header-inner .nav a{min-height:38px;display:flex;align-items:center}.editorial-card:not(.editorial-lead) .editorial-type-art{width:108px}}
@media(max-width:600px){.brief-scoreboard{grid-template-columns:repeat(2,minmax(0,1fr))}.brief-metric{min-width:0;padding:22px 13px}.brief-metric>strong{font-size:clamp(26px,8vw,36px)}}
@media(max-width:360px){.header-inner .nav{display:grid;grid-template-columns:repeat(3,max-content)}.crypto-grid{grid-template-columns:1fr}.crypto-tile h3{min-height:36px}.crypto-tile .chart-value{font-size:38px}.crypto-card-link{padding:22px}.tile-attribution{padding:0 22px 18px}.rail-track>.chart-card{flex-basis:92%}.editorial-card:not(.editorial-lead){grid-template-columns:86px 1fr}.editorial-card:not(.editorial-lead) .editorial-type-art{width:86px}.editorial-copy h3{font-size:24px}}
.chart-change{min-height:36px}.crypto-card-link{display:flex;flex-direction:column}.crypto-card-link .card-foot{margin-top:auto}.crypto-tile h3{min-height:57px}.tile-attribution{min-height:38px}
@media(max-width:600px){.crypto-grid .crypto-tile h3{min-height:72px}.rail-track .crypto-tile h3{min-height:57px}}
@media(max-width:360px){.crypto-grid .crypto-tile h3{min-height:38px}}

#macro-grid{margin-bottom:clamp(44px,6vw,80px)}

/* Search stays above category filters as the chart libraries grow. */
.chart-library-search{display:flex;align-items:center;gap:24px;font:12px var(--mono,monospace);text-transform:uppercase;letter-spacing:.04em;margin:24px 0 20px}.chart-library-search input{flex:1;min-width:0;border:1px solid var(--line,#d5d5d1);background:transparent;padding:15px 18px;color:inherit;font:16px Arial,sans-serif;letter-spacing:0;text-transform:none}.chart-library-search input:focus{outline:2px solid #627660;outline-offset:2px}.crypto-series-toggles{max-height:180px;overflow:auto}.crypto-hover{min-height:44px;height:auto;white-space:normal}.chart-value{overflow-wrap:anywhere}@media(max-width:600px){.chart-library-search{display:block}.chart-library-search input{width:100%;display:block;margin-top:10px;box-sizing:border-box}}