/* The statement and the stake — the dated market analysis desk. */
.tabs{min-width:0;gap:22px}
.market-page{--market-blue:#8bb9fb;font-size:16px}
.market-page .eyebrow{font-size:12px;letter-spacing:1.5px}
.market-page .section-title{margin-top:48px;gap:20px}
.market-page .section-title h2{font-size:26px;letter-spacing:-.8px}
.market-page .section-title p{font-size:16px;line-height:1.65;margin-top:8px;max-width:920px}
.market-page .view-title{margin-top:0;margin-bottom:24px;align-items:flex-end}
.market-page .view-title h1{font-size:clamp(34px,3.5vw,52px);margin:10px 0 12px}
.market-page .snapshot-label{font-size:13px}
.market-page button{touch-action:manipulation}
.market-page .button{font-size:14px;min-height:44px;white-space:normal}
.market-page .market-game-link{font-size:14px;color:var(--mint);margin-top:12px;white-space:normal}
.market-asof{padding:15px 20px;border:1px solid #3c4939;border-left:3px solid var(--amber);background:#1d221c;display:flex;gap:18px;align-items:center;margin-bottom:22px;border-radius:5px;font-size:14px}
.market-asof strong{color:#e9bb95;white-space:nowrap;font-weight:600}
.market-asof span{color:#b4bdb2}
.leader-picker{display:grid;grid-template-columns:repeat(5,minmax(0,1fr));gap:10px;margin-bottom:20px;scroll-margin-top:24px}
.leader-button{position:relative;min-width:0;background:var(--panel);border:1px solid var(--border);border-radius:8px;padding:17px 16px 16px;text-align:left;transition:border-color .16s,background .16s}
.leader-button:hover{background:#222d26;border-color:#57665a}
.leader-button.active{border-color:var(--leader);background:#202a23;box-shadow:inset 0 3px var(--leader)}
.leader-company{display:flex;justify-content:space-between;align-items:center;font-size:14px;color:var(--leader);font-weight:650;gap:5px}
.leader-company span{font-size:12px;color:var(--muted);font-family:var(--mono);font-weight:400}
.leader-button>strong{font-size:19px;font-weight:650;display:block;margin-top:9px;letter-spacing:-.5px}
.leader-button-note{font-size:13px;display:block;color:var(--muted);margin-top:6px;line-height:1.5}
.statement-grid{display:grid;grid-template-columns:1.05fr 1fr;gap:20px;align-items:stretch}
.statement-card{padding:30px 32px;position:relative;overflow:hidden;border-top:2px solid var(--leader)}
.statement-top{display:flex;align-items:center;justify-content:space-between;gap:12px;color:var(--muted);font-size:13px;margin-bottom:22px}
.statement-top .eyebrow{color:var(--leader);font-weight:700}
.statement-card h2{font-size:30px;letter-spacing:-.9px}
.statement-en{font-size:14px;color:var(--muted);margin-top:3px}
.statement-card blockquote{margin:28px 0 16px;font-size:clamp(22px,2.5vw,34px);font-weight:600;line-height:1.35;color:var(--leader);letter-spacing:-.7px;overflow-wrap:anywhere}
.statement-card blockquote:before{content:'“'}
.statement-card blockquote:after{content:'”'}
.statement-meaning{font-size:17px;line-height:1.75;margin-bottom:24px;color:#d9e5da}
.statement-level{border-top:1px solid var(--border);padding-top:20px;display:flex;align-items:center;gap:11px;margin-bottom:14px;flex-wrap:wrap}
.statement-level>span{font-size:12px;letter-spacing:.4px;padding:3px 9px;border:1px solid #647367;color:var(--leader);border-radius:4px;white-space:nowrap}
.statement-level>strong{font-size:15px;font-weight:650}
#statement-commitment{font-size:16px;line-height:1.8;color:#bac8bd}
.statement-limit{font-size:14px;line-height:1.75;border-left:2px solid #63705f;padding-left:12px;margin-top:18px;color:#a2b0a5}
.market-links{display:flex;flex-wrap:wrap;gap:9px 18px;margin-top:22px}
.market-links a{font-size:13px;color:var(--muted);text-decoration:none;line-height:1.6}
.market-links a:hover{color:var(--mint);text-decoration:underline}
.interpretation-card{padding:24px 28px 28px;min-width:0}
.interpretation-tabs{display:flex;border-bottom:1px solid var(--border);gap:20px;margin-bottom:28px;overflow-x:auto}
.interpretation-tabs button{background:none;padding:5px 0 17px;font-size:15px;position:relative;white-space:nowrap;color:var(--muted)}
.interpretation-tabs button.active{color:var(--mint)}
.interpretation-tabs button.active:after{content:'';position:absolute;bottom:0;height:2px;left:0;right:0;background:var(--mint)}
.market-label{display:inline-flex;align-items:center;font-size:12px;line-height:1.55;color:var(--muted);border:1px solid var(--border);padding:4px 8px;border-radius:4px}
.market-label.reported{color:#a8c5eb;border-color:#3f5164}
.market-label.assumed{color:#dfbd98;border-color:#655641}
.market-label.calculated{color:var(--mint);border-color:#456354}
#interpretation-content>h3{font-size:24px;line-height:1.5;margin:18px 0 14px;letter-spacing:-.7px}
#interpretation-content>p{font-size:17px;line-height:1.9;color:#c7d3c9}
.market-counter{padding:20px 0;margin:20px 0;border-top:1px solid var(--border);border-bottom:1px solid var(--border)}
.market-counter>span{font-size:13px;font-weight:650;color:var(--mint);display:block;margin-bottom:9px}
.market-counter p{font-size:16px;color:var(--muted);line-height:1.8}
.hypotheses-list{margin-top:22px;display:grid;gap:20px}
.hypotheses-list>div{display:grid;grid-template-columns:29px 1fr;column-gap:10px;align-items:start}
.hypotheses-list>div>span{font-size:12px;color:#b89f80;font-family:var(--mono);padding-top:4px}
.hypotheses-list h3{font-size:18px}
.hypotheses-list p{grid-column:2;line-height:1.75;color:#b7c6ba;margin-top:6px;font-size:16px}
.market-page .market-caution{color:var(--muted);font-size:13px;line-height:1.75;margin-top:22px}
.market-checks{display:grid;gap:18px;margin-top:20px}
.market-checks>div{display:flex;gap:16px;align-items:flex-start}
.market-checks span{background:#233c2c;color:var(--mint);font-family:var(--mono);font-size:12px;border-radius:50%;width:28px;height:28px;flex-shrink:0;display:flex;align-items:center;justify-content:center}
.market-checks p{font-size:17px;line-height:1.75;color:#c3d4c7}
.market-method-note{display:flex;gap:18px;margin:24px 0 0;padding:0 2px;align-items:flex-start;font-size:14px;color:var(--muted);line-height:1.8}
.market-method-note strong{color:#c1d3c5;white-space:nowrap;font-weight:600}
.market-ledger{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:16px}
.market-news{padding:25px 24px;display:flex;flex-direction:column;min-width:0}
.market-news-top{display:flex;justify-content:space-between;gap:12px;align-items:flex-start;margin-bottom:19px}
.market-news time{font-family:var(--mono);color:var(--muted);font-size:13px;padding-top:4px;white-space:nowrap}
.market-news h3{font-size:20px;line-height:1.5;margin-bottom:14px}
.market-news>p{color:#bbc9be;font-size:16px;line-height:1.8}
.market-implication{border-top:1px solid var(--border);margin:20px 0 0;padding-top:17px}
.market-implication span{font-size:12px;color:var(--amber);font-weight:600}
.market-implication p{font-size:15px;color:var(--muted);line-height:1.8;margin-top:7px}
.market-news .market-links{margin-top:auto;padding-top:18px}
.exposure-table{width:100%;border-collapse:collapse;min-width:740px;text-align:left}
.exposure-table th,.exposure-table td{padding:20px 23px;border-bottom:1px solid var(--border);vertical-align:top;font-size:15px;line-height:1.85}
.exposure-table thead th{font-size:12px;color:var(--muted);font-weight:500;background:#1c261f;letter-spacing:.6px}
.exposure-table th:first-child{width:14%}
.exposure-table td:nth-child(2){width:26%}
.exposure-table td:nth-child(3){width:47%;color:#aebfb3}
.exposure-table td:last-child{white-space:nowrap;font-size:13px}
.exposure-table td>span{display:block;color:var(--muted);font-size:13px;margin-top:5px}
.exposure-table tr.selected{background:#223126}
.exposure-table tr:last-child td,.exposure-table tr:last-child th{border-bottom:0}
.exposure-table a{text-decoration:none;color:var(--muted)}
.exposure-table a:hover{color:var(--mint)}
.market-case-picker{display:grid;grid-template-columns:repeat(4,minmax(0,1fr));gap:10px;margin-bottom:17px}
.market-case-picker button{background:var(--panel);border:1px solid var(--border);border-radius:8px;text-align:left;padding:19px 18px;min-width:0}
.market-case-picker button>span{font:12px var(--mono);color:var(--subtle)}
.market-case-picker button strong{display:block;font-size:17px;line-height:1.65;margin-top:8px;font-weight:650;word-break:keep-all}
.market-case-picker button small{display:block;font-size:13px;color:var(--muted);line-height:1.65;margin-top:7px}
.market-case-picker button.active{border-color:var(--mint);background:#22372a}
.market-case-picker button:hover{border-color:#6b8e75}
.market-case-picker button.active>span{color:var(--mint)}
.market-scenario-panel{padding:24px}
.market-case-header{display:flex;align-items:center;justify-content:space-between;gap:30px;margin-bottom:20px}
.market-case-header p{font-size:16px;line-height:1.8;color:#c7d8cb;max-width:680px}
.horizon-buttons{display:flex;flex-shrink:0;background:#101913;border-radius:6px;padding:4px;gap:3px}
.horizon-buttons button{font-size:13px;background:transparent;padding:10px;color:var(--muted);border-radius:4px;white-space:nowrap}
.horizon-buttons button.active{color:var(--mint);background:#2c4032}
.market-effects{display:grid}
.market-effect-row{display:grid;grid-template-columns:210px 142px 1fr;align-items:center;gap:24px;width:100%;background:none;text-align:left;border-top:1px solid var(--border);padding:21px 10px;min-width:0}
.market-effect-row:hover{background:#24332a}
.market-effect-row.selected{background:#213027}
.effect-company{display:grid;grid-template-columns:9px 1fr;gap:2px 13px;align-items:center}
.effect-company i{width:7px;height:7px;border-radius:50%}
.effect-company strong{font-size:16px;font-weight:650}
.effect-company small{grid-column:2;font-size:12px;color:var(--muted)}
.effect-state{font-size:13px;padding:4px 8px;border-radius:4px;justify-self:start;border:1px solid transparent}
.effect-state.up{color:#a5ecc6;border-color:#3a674b;background:#22392a}
.effect-state.down{color:#efa977;border-color:#6a5138;background:#382c20}
.effect-state.mixed{color:#b6c1c8;border-color:#45525b;background:#242d32}
.effect-reason{font-size:16px;color:#bdcdc2;line-height:1.75;word-break:keep-all}
.valuation-grid{display:grid;grid-template-columns:350px 1fr;gap:20px}
.valuation-controls{padding:27px 25px}
.valuation-controls h3{font-size:20px;margin-bottom:30px}
.valuation-controls .slider-field{margin-bottom:28px}
.valuation-controls .slider-field strong{font-size:15px;color:#d3dfd3}
.valuation-controls .slider-field output{font-size:18px;color:var(--mint)}
.valuation-controls .slider-field small{font-size:13px;color:var(--muted);display:block;line-height:1.7;margin-top:8px}
.valuation-examples{display:grid;grid-template-columns:1fr 1fr;gap:7px}
.valuation-examples button{background:#202c23;border:1px solid var(--border);padding:10px 7px;border-radius:5px;font-size:13px;color:var(--muted);line-height:1.6;word-break:keep-all}
.valuation-examples button.active{border-color:#83b992;color:var(--mint);background:#284531}
.valuation-result{padding:28px 32px;min-width:0}
.valuation-top{display:flex;justify-content:space-between;align-items:flex-start;gap:20px}
.valuation-top h3{font-size:44px;line-height:1.4;letter-spacing:-1.8px;margin-top:7px;font-family:var(--mono)}
.valuation-top h3>span{color:var(--muted);font-size:24px;font-weight:400;letter-spacing:-1.4px}
.valuation-top>div:last-child{text-align:right}
.valuation-return{display:block;font-size:30px;color:var(--mint);font-family:var(--mono);line-height:1.5;margin-top:6px;letter-spacing:-1px}
.valuation-return.negative{color:var(--amber)}
#valuation-chart{width:100%;height:auto;display:block;margin:12px 0 15px;font-family:var(--font)}
#valuation-takeaway{font-size:18px;line-height:1.75;color:#d6e7da;min-height:64px}
.valuation-formula{font:17px/1.7 var(--mono);background:#111a14;border:1px solid var(--border);padding:14px 20px;border-radius:5px;color:var(--mint);margin-top:17px;overflow-wrap:anywhere}
.valuation-breakeven{color:var(--muted);font-size:14px;line-height:1.75;margin-top:13px}
.valuation-heatmap-panel{margin-top:18px}
.valuation-heatmap-panel>summary{display:flex;align-items:center;justify-content:space-between;padding:20px 25px;gap:18px;cursor:pointer}
.valuation-heatmap-panel>summary strong{font-size:16px;font-weight:600}
.valuation-heatmap-panel>summary span{font-size:13px;color:var(--muted)}
.valuation-heatmap-panel .table-scroll{padding:0 25px 25px}
.valuation-heatmap{width:100%;border-spacing:4px;min-width:680px;font-family:var(--mono);table-layout:fixed}
.valuation-heatmap caption{font-family:var(--font);text-align:left;font-size:13px;color:var(--muted);padding:0 0 15px}
.valuation-heatmap th{font-size:13px;color:#aebfb0;font-weight:500;padding:10px 7px;white-space:nowrap}
.valuation-heatmap th:first-child{font-family:var(--font)}
.valuation-heatmap td{padding:0}
.valuation-heatmap td button{width:100%;font-size:17px;padding:15px 5px;line-height:1.5;font-family:var(--mono);border-radius:4px;border:1px solid transparent}
.valuation-heatmap .negative{background:#3b2e22;color:#edb180}
.valuation-heatmap .positive{background:#244231;color:#a5ecc6}
.valuation-heatmap .neutral{background:#28322c;color:#b9c7bb}
.valuation-heatmap .selected{outline:2px solid var(--text);outline-offset:-3px}
.valuation-heatmap button:hover{border-color:var(--text)}
.media-readings{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:16px}
.media-reading{padding:25px 24px}
.media-reading h3{font-size:21px;line-height:1.5;margin:17px 0 13px}
.media-reading>p{font-size:16px;line-height:1.8;color:#b2c3b7}
.media-reading .reading-boundary{font-size:14px;color:var(--muted);border-top:1px solid var(--border);margin-top:21px;padding-top:16px}
.reading-boundary strong{font-weight:600;color:#c5d1c5;margin-right:8px}
.market-sources{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:10px}
.market-source{position:relative;display:block;text-decoration:none;border:1px solid var(--border);background:#151f18;padding:19px 33px 19px 19px;border-radius:6px;min-width:0}
.market-source:hover{border-color:#608d6b;background:#1c2c21}
.market-source>span:first-child{display:block;font-size:12px;color:var(--muted);margin-bottom:9px;line-height:1.7}
.market-source>strong{font-size:15px;font-weight:550;line-height:1.65;word-break:keep-all;display:block}
.market-source-arrow{position:absolute;right:15px;top:17px;color:var(--subtle);font-size:16px}
.broadcast #view-markets .section-title{display:flex}
.broadcast #view-markets .view-title{display:flex}
.broadcast[data-view="markets"] #broadcast-presets{display:none}
.broadcast #view-markets .leader-picker{scroll-margin-top:20px}
@media(min-width:1600px){.statement-grid{grid-template-columns:1fr 1fr}.statement-card,.interpretation-card{padding:32px 36px}}
@media(max-width:1200px){
  .topbar{gap:18px}.tabs{gap:15px}.tab{font-size:13px}
  .leader-button{padding:16px 12px}.leader-button>strong{font-size:17px}.leader-company{font-size:13px}
  .statement-card{padding:26px}.interpretation-card{padding:24px}.interpretation-tabs{gap:15px}.interpretation-tabs button{font-size:14px}
  .market-case-header{align-items:flex-start;flex-direction:column;gap:16px}
  .market-asof{align-items:flex-start;flex-direction:column;gap:3px}
  .market-effect-row{grid-template-columns:170px 125px 1fr;gap:18px}
  .valuation-grid{grid-template-columns:310px 1fr}.valuation-result{padding:25px}
}
@media(max-width:1000px){
  .leader-picker{grid-template-columns:repeat(5,minmax(148px,1fr));overflow-x:auto;padding:3px 1px 12px}
  .leader-company{flex-wrap:wrap}.leader-company span{display:none}
  .statement-grid{grid-template-columns:1fr 1fr;gap:14px}.statement-top{align-items:flex-start;flex-direction:column;gap:6px}
  .market-ledger,.media-readings{grid-template-columns:1fr;gap:12px}
  .market-news{display:grid;grid-template-columns:1fr 1fr;column-gap:30px}.market-news-top{grid-column:1/-1}
  .market-news h3{grid-column:1}.market-news>p{grid-column:1}.market-implication{grid-column:2;grid-row:2/4;margin-top:0;border-top:0;border-left:1px solid var(--border);padding:0 0 0 25px}
  .market-news .market-links{grid-column:1/-1}
  .market-case-picker{grid-template-columns:repeat(2,minmax(0,1fr))}
  .market-case-picker button{display:grid;grid-template-columns:23px 1fr;gap:5px 12px;align-items:baseline}.market-case-picker button strong{margin-top:0}.market-case-picker button small{grid-column:2;margin-top:0}
  .market-sources{grid-template-columns:1fr 1fr}
  .market-method-note{flex-direction:column;gap:4px}
  .valuation-grid{grid-template-columns:1fr}.valuation-controls{display:grid;grid-template-columns:1fr 1fr;column-gap:32px}.valuation-controls h3,.valuation-controls>.market-caution{grid-column:1/-1}.valuation-examples{grid-column:1/-1;grid-template-columns:repeat(4,1fr)}
}
@media(max-width:760px){
  .market-page .section-title{margin-top:37px;align-items:flex-start;flex-direction:column;gap:10px}
  .market-page .view-title{margin-top:0}.market-page .view-title h1{font-size:35px;letter-spacing:-1.7px}
  .market-page .section-title h2{font-size:23px}.market-page .section-title p{font-size:15px}
  .tabs{overflow-x:auto;gap:22px;min-width:0;padding:0 2px}.tab{font-size:14px;min-height:50px;flex-shrink:0}
  .statement-grid{grid-template-columns:1fr}.statement-top{flex-direction:row;align-items:center}
  .statement-card{padding:24px}.statement-card blockquote{font-size:28px}.statement-card h2{font-size:28px}
  .interpretation-card{padding:24px}.interpretation-tabs{gap:24px}.interpretation-tabs button{font-size:15px}
  .market-asof{padding:13px 15px;font-size:13px}.market-asof strong{white-space:normal}
  .market-news{display:flex}.market-implication{border-left:0;border-top:1px solid var(--border);padding:16px 0 0;margin-top:17px}
  .market-effect-row{grid-template-columns:1fr auto;padding:18px 12px;gap:11px 15px}.effect-reason{grid-column:1/-1;font-size:15px}.effect-company small{font-size:12px}
  .market-scenario-panel{padding:18px 14px}.market-case-header{padding:0 4px}.horizon-buttons{width:100%;justify-content:stretch}.horizon-buttons button{flex:1;white-space:normal;font-size:13px}
  .market-case-picker{gap:8px}.market-case-picker button{padding:15px 12px;column-gap:4px;grid-template-columns:20px 1fr}.market-case-picker button strong{font-size:15px}.market-case-picker button small{font-size:12px}
  .market-sources{grid-template-columns:1fr}.market-source{padding:19px 39px 19px 20px}
  .valuation-controls{padding:25px 22px;display:block}.valuation-examples{grid-template-columns:1fr 1fr}.valuation-result{padding:24px 20px}
  .valuation-top h3{font-size:36px}.valuation-top h3>span{font-size:19px}.valuation-return{font-size:25px}.valuation-top .market-label{font-size:11px}
  #valuation-takeaway{font-size:16px;min-height:0}.valuation-formula{font-size:15px;padding:12px 15px}
  .valuation-heatmap-panel>summary{padding:20px;align-items:flex-start;flex-direction:column;gap:5px}.valuation-heatmap-panel .table-scroll{padding:0 14px 20px}
}
@media(prefers-reduced-motion:reduce){.leader-button{transition:none}}