/* Analyze The Markets — editorial research-desk. Static, no build step. */

:root{
  --paper:#f2efe6;
  --paper-2:#eae6db;
  --ink:#16150f;
  --ink-soft:#57544a;
  --rule:rgba(22,21,15,.16);
  --rule-soft:rgba(22,21,15,.08);
  --up:#12694a;
  --down:#b4321f;
  --serif:"Instrument Serif",Georgia,serif;
  --mono:"IBM Plex Mono",ui-monospace,Menlo,monospace;
  --sans:"IBM Plex Sans",-apple-system,Segoe UI,sans-serif;
}

*{box-sizing:border-box}
html{scroll-behavior:smooth;scroll-padding-top:120px}

body{
  margin:0;
  background:var(--paper);
  color:var(--ink);
  font-family:var(--sans);
  font-size:17px;line-height:1.6;
  -webkit-font-smoothing:antialiased;
  overflow-x:hidden;
}

/* paper grain + hairline column grid */
body::before{
  content:"";position:fixed;inset:0;pointer-events:none;z-index:1;opacity:.5;
  background-image:url("data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' width='140' height='140'%3E%3Cfilter id='n'%3E%3CfeTurbulence type='fractalNoise' baseFrequency='.85' numOctaves='3'/%3E%3C/filter%3E%3Crect width='140' height='140' filter='url(%23n)' opacity='.32'/%3E%3C/svg%3E");
}

a{color:inherit}
h1,h2,h3{margin:0;font-weight:400}
p{margin:0}

.skip{position:absolute;left:-9999px;background:var(--ink);color:var(--paper);padding:10px 16px;z-index:100}
.skip:focus{left:0;top:0}

/* ---------------- ticker tape ---------------- */
.tape{
  position:sticky;top:0;z-index:40;
  background:var(--ink);color:var(--paper);
  border-bottom:1px solid var(--ink);
  overflow:hidden;white-space:nowrap;
  font-family:var(--mono);font-size:12.5px;letter-spacing:.04em;
}
.tape-track{display:inline-flex;padding:8px 0;animation:tape 42s linear infinite;will-change:transform}
@keyframes tape{to{transform:translateX(-50%)}}
.tape-track span{padding:0 22px;display:inline-flex;gap:8px;align-items:baseline}
.tape-track b{font-weight:500}
.tape-track i{font-style:normal}
.tape-track .u{color:#5fd6a4}
.tape-track .d{color:#ff8b73}

/* ---------------- masthead ---------------- */
.masthead{
  position:sticky;top:33px;z-index:39;
  display:flex;align-items:center;justify-content:space-between;gap:20px;
  padding:14px clamp(18px,5vw,54px);
  background:rgba(242,239,230,.9);
  backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);
  border-bottom:1px solid var(--rule);
}
.wordmark{
  display:flex;align-items:center;gap:11px;text-decoration:none;
  font-family:var(--serif);font-size:24px;letter-spacing:-.01em;
}
.wordmark svg{width:34px;height:21px;flex:none}
.wordmark em{font-style:italic;opacity:.55;padding:0 2px}
.masthead nav{display:flex;align-items:center;gap:clamp(14px,2.4vw,30px)}
.masthead nav a{
  font-family:var(--mono);font-size:12.5px;text-transform:uppercase;letter-spacing:.09em;
  text-decoration:none;color:var(--ink-soft);padding-bottom:2px;border-bottom:1px solid transparent;
  transition:color .2s,border-color .2s;
}
.masthead nav a:hover{color:var(--ink);border-color:var(--ink)}
.masthead nav .tg{
  display:inline-flex;align-items:center;gap:7px;
  background:var(--ink);color:var(--paper);
  padding:10px 18px;border:1px solid var(--ink);border-bottom-color:var(--ink);
  box-shadow:3px 3px 0 var(--ink);
  transition:transform .16s,box-shadow .16s;
}
.masthead nav .tg:hover{transform:translate(2px,2px);box-shadow:1px 1px 0 var(--ink);color:var(--paper)}
.masthead nav .tg svg{width:14px;height:14px}

/* ---------------- hero ---------------- */
.hero{padding:clamp(30px,5vw,54px) clamp(18px,5vw,54px) 0;position:relative;z-index:2}

.dateline{
  display:flex;flex-wrap:wrap;gap:clamp(14px,3vw,34px);align-items:center;
  padding-bottom:14px;border-bottom:2px solid var(--ink);
  font-family:var(--mono);font-size:12px;text-transform:uppercase;letter-spacing:.12em;color:var(--ink-soft);
}
.dateline b{font-weight:500;color:var(--ink)}
.live{margin-left:auto;display:inline-flex;align-items:center;gap:7px;color:var(--up)}
.live i{width:6px;height:6px;border-radius:50%;background:var(--up);animation:pulse 2s ease-in-out infinite}
@keyframes pulse{50%{opacity:.25}}

.hero-grid{
  display:grid;grid-template-columns:1.05fr .95fr;gap:clamp(24px,5vw,62px);
  padding:clamp(34px,6vw,70px) 0 clamp(30px,5vw,56px);
  align-items:center;
}

h1{
  font-family:var(--serif);
  font-size:clamp(46px,7.4vw,92px);
  line-height:.98;letter-spacing:-.02em;
}
h1 em{font-style:italic;position:relative}
h1 em::after{
  content:"";position:absolute;left:0;right:0;bottom:.1em;height:2px;background:var(--ink);
  transform:scaleX(0);transform-origin:left;animation:underline .9s .5s cubic-bezier(.2,.7,.3,1) forwards;
}
@keyframes underline{to{transform:scaleX(1)}}

.lede{margin-top:26px;max-width:46ch;font-size:clamp(16px,1.7vw,18.5px);color:var(--ink-soft)}

.hero-cta{margin-top:34px;display:flex;flex-direction:column;align-items:flex-start;gap:12px}

.btn{
  display:inline-flex;align-items:center;gap:10px;text-decoration:none;
  background:var(--ink);color:var(--paper);
  padding:15px 30px;
  font-family:var(--mono);font-size:13px;text-transform:uppercase;letter-spacing:.1em;
  border:1px solid var(--ink);
  box-shadow:5px 5px 0 var(--ink);
  transition:transform .16s,box-shadow .16s,background .2s;
}
.btn:hover{transform:translate(3px,3px);box-shadow:2px 2px 0 var(--ink);background:#000}
.btn:active{transform:translate(5px,5px);box-shadow:0 0 0 var(--ink)}
.btn.big{padding:20px 44px;font-size:14px}
.btn svg{width:17px;height:17px;flex:none}
.cta-sub{font-family:var(--mono);font-size:12px;color:var(--ink-soft)}

/* chart */
.chart-wrap{margin:0}
.chart-wrap svg{
  width:100%;height:auto;display:block;
  background:var(--paper-2);
  border:1px solid var(--rule);
}
.chart-wrap figcaption{
  margin-top:10px;font-family:var(--mono);font-size:11.5px;
  text-transform:uppercase;letter-spacing:.09em;color:var(--ink-soft);
}
.grid-line{stroke:var(--rule-soft);stroke-width:1}
.wick{stroke:var(--ink);stroke-width:1.2}
.up-c{fill:var(--up);stroke:var(--up)}
.dn-c{fill:var(--down);stroke:var(--down)}
.level{stroke:var(--ink);stroke-width:1.2;stroke-dasharray:5 4}
.level-label{font-family:var(--mono);font-size:10.5px;fill:var(--ink);letter-spacing:.06em}
.zone{fill:var(--up);opacity:.07}
.c{opacity:0;animation:pop .4s ease-out forwards}
@keyframes pop{to{opacity:1}}

/* figures strip */
.figures{
  display:grid;grid-template-columns:repeat(4,1fr);margin:0;
  border-top:1px solid var(--ink);border-bottom:1px solid var(--ink);
}
.figures>div{padding:22px 20px;border-left:1px solid var(--rule)}
.figures>div:first-child{border-left:0;padding-left:0}
.figures dt{font-family:var(--mono);font-size:11.5px;text-transform:uppercase;letter-spacing:.1em;color:var(--ink-soft)}
.figures dd{margin:8px 0 0;font-family:var(--serif);font-size:clamp(34px,4.6vw,52px);line-height:1}
.figures dd i{font-style:normal;color:var(--ink-soft);padding:0 1px}
.figures .free{color:var(--up)}

/* ---------------- sections ---------------- */
.section{
  padding:clamp(56px,8vw,104px) clamp(18px,5vw,54px) 0;
  max-width:1240px;margin:0 auto;position:relative;z-index:2;
}
.sec-head{display:flex;align-items:baseline;gap:18px;padding-bottom:22px;border-bottom:1px solid var(--rule)}
.sec-head .num{font-family:var(--mono);font-size:12px;letter-spacing:.14em;color:var(--ink-soft)}
.sec-head h2{font-family:var(--serif);font-size:clamp(30px,4.4vw,50px);letter-spacing:-.015em;line-height:1.05}

/* what you get — editorial list */
.list{list-style:none;margin:0;padding:0}
.list li{
  display:flex;flex-wrap:wrap;align-items:baseline;gap:8px 30px;
  padding:26px 0;border-bottom:1px solid var(--rule);
  transition:padding-left .25s;
}
.list li:hover{padding-left:12px}
.list b{font-family:var(--serif);font-weight:400;font-size:clamp(24px,3vw,34px);min-width:250px}
.list span{color:var(--ink-soft);font-size:16px;max-width:48ch}

/* how it works */
.steps{list-style:none;margin:0;padding:0;display:grid;grid-template-columns:repeat(auto-fit,minmax(240px,1fr))}
.steps li{padding:32px clamp(18px,2.4vw,32px) 34px 0;border-top:1px solid var(--rule)}
.steps span{font-family:var(--mono);font-size:11.5px;text-transform:uppercase;letter-spacing:.12em;color:var(--ink-soft)}
.steps h3{font-family:var(--serif);font-size:clamp(22px,2.6vw,28px);margin:12px 0}
.steps p{color:var(--ink-soft);font-size:16px;max-width:38ch}

/* closing */
.closing{
  margin:clamp(70px,10vw,130px) 0 0;
  padding:clamp(60px,9vw,110px) clamp(18px,5vw,54px);
  background:var(--ink);color:var(--paper);text-align:center;position:relative;z-index:2;
}
.closing h2{font-family:var(--serif);font-size:clamp(30px,5vw,60px);line-height:1.08;letter-spacing:-.02em}
.closing-lede{margin:20px auto 0;max-width:44ch;opacity:.7;font-size:16.5px}
.closing .btn{margin-top:34px;background:var(--paper);color:var(--ink);border-color:var(--paper);box-shadow:5px 5px 0 rgba(242,239,230,.35)}
.closing .btn:hover{background:#fff;box-shadow:2px 2px 0 rgba(242,239,230,.35)}
.closing-sub{margin-top:18px;font-family:var(--mono);font-size:12px;letter-spacing:.06em;opacity:.6}

/* sticky join bar — small screens only, where the hero button scrolls away */
.dock{display:none}
@media (max-width:760px){
  .dock{
    position:fixed;left:0;right:0;bottom:0;z-index:45;
    display:flex;align-items:center;justify-content:center;gap:10px;
    padding:17px 20px calc(17px + env(safe-area-inset-bottom));
    background:var(--ink);color:var(--paper);text-decoration:none;
    border-top:1px solid var(--ink);
    font-family:var(--mono);font-size:13px;text-transform:uppercase;letter-spacing:.1em;
  }
  .dock svg{width:17px;height:17px;flex:none}
  .dock:active{background:#000}
  .colophon{padding-bottom:110px}
}

/* colophon */
.colophon{
  padding:clamp(40px,6vw,64px) clamp(18px,5vw,54px);
  max-width:1240px;margin:0 auto;position:relative;z-index:2;
}
.colophon .mark{margin-bottom:16px}
.mark{font-family:var(--serif);font-size:26px;margin-bottom:16px}
.mark em{font-style:italic;opacity:.5;padding:0 2px}
.risk{font-size:13.5px;line-height:1.7;color:var(--ink-soft);max-width:78ch}
.risk b{color:var(--ink)}
.sig{margin-top:28px;padding-top:20px;border-top:1px solid var(--rule);font-family:var(--mono);font-size:11.5px;text-transform:uppercase;letter-spacing:.09em;color:var(--ink-soft)}
.sig a{color:var(--ink)}

/* staggered load-in */
.hero-copy,.chart-wrap,.figures{animation:fade .8s both}
.chart-wrap{animation-delay:.12s}
.figures{animation-delay:.24s}
@keyframes fade{from{opacity:0;transform:translateY(16px)}to{opacity:1;transform:none}}

/* ---------------- responsive ---------------- */
@media (max-width:900px){
  .hero-grid{grid-template-columns:1fr;gap:34px}
  .figures{grid-template-columns:repeat(2,1fr)}
  .figures>div:nth-child(3){border-left:0;padding-left:0}
  .figures>div:nth-child(n+3){border-top:1px solid var(--rule)}
  .list b{min-width:0;width:100%}
}
@media (max-width:640px){
  .masthead nav .nav-link{display:none}   /* joining is the only job up here */
  .live{margin-left:0}
  .btn{width:100%;justify-content:center;text-align:center}
}

@media (prefers-reduced-motion:reduce){
  *{animation:none!important;transition:none!important}
  html{scroll-behavior:auto}
  .c{opacity:1}
  h1 em::after{transform:scaleX(1)}
}