:root {
  --navy: #0F2A5C; --paper: #FAFAF9; --gold: #E0B83A; --oxblood: #C13C3C;
  --body: #374151; --muted: #6B7280; --border: #E5E7EB; --even: #F9FAFB;
  --font: Bierstadt, "Helvetica Neue", Inter, Arial, sans-serif;
}
* { box-sizing: border-box; margin: 0; padding: 0; }
html { scroll-behavior: smooth; }
body { background: var(--paper); color: var(--body); font-family: var(--font);
  font-size: 15px; line-height: 1.65; -webkit-font-smoothing: antialiased;
  font-feature-settings: "kern" 1, "liga" 1; }
a { color: var(--navy); text-decoration: underline; text-underline-offset: 2px; }
a:hover { color: var(--oxblood); }

/* masthead + nav */
.masthead { background: var(--navy); color: var(--paper); padding: 22px 32px;
  border-bottom: 2px solid var(--gold); }
.masthead-inner { max-width: 1080px; margin: 0 auto; display: flex;
  align-items: center; gap: 16px; flex-wrap: wrap; }
.mark { width: 42px; height: 42px; flex-shrink: 0; }
.wordmark-block { flex: 1; }
.wordmark { font-weight: 700; font-size: 19px; letter-spacing: -0.4px;
  color: var(--paper); line-height: 1; }
.tagline { font-size: 11px; font-weight: 600; letter-spacing: 1.8px;
  color: var(--gold); text-transform: uppercase; margin-top: 6px; }
.masthead .subscribe-btn { background: var(--gold); color: var(--navy); font-weight: 700;
  font-size: 12px; letter-spacing: 1.2px; text-transform: uppercase; text-decoration: none;
  padding: 10px 18px; white-space: nowrap; transition: transform .15s ease; }
.masthead .subscribe-btn:hover { color: var(--navy); transform: translateY(-1px); }
nav.site-nav { background: var(--navy); border-bottom: 1px solid rgba(250,250,249,.15);
  position: sticky; top: 0; z-index: 20; }
nav.site-nav .nav-inner { max-width: 1080px; margin: 0 auto; padding: 0 32px;
  display: flex; gap: 4px; flex-wrap: wrap; }
nav.site-nav a { color: var(--paper); text-decoration: none; font-size: 12px;
  font-weight: 600; letter-spacing: 1.2px; text-transform: uppercase;
  padding: 14px 14px; opacity: .8; border-bottom: 2px solid transparent; }
nav.site-nav a:hover { opacity: 1; color: var(--paper); }
nav.site-nav a.active { opacity: 1; border-bottom-color: var(--gold); }

/* hero */
.hero { background: var(--navy); color: var(--paper); padding: 72px 32px 80px;
  position: relative; overflow: hidden; }
.hero::before { content: ""; position: absolute; top: 0; left: 0; right: 0;
  height: 1px; background: linear-gradient(90deg, transparent, var(--gold), transparent);
  opacity: .4; }
.hero-inner { max-width: 880px; margin: 0 auto; }
.hero-eyebrow { display: inline-block; font-size: 11px; font-weight: 600;
  letter-spacing: 1.8px; text-transform: uppercase; color: var(--gold);
  padding-bottom: 8px; border-bottom: 1px solid var(--gold); margin-bottom: 28px; }
.hero h1 { font-weight: 700; font-size: 44px; letter-spacing: -0.8px;
  line-height: 1.12; color: var(--paper); margin-bottom: 24px; max-width: 760px; }
.hero .dek { font-size: 18px; line-height: 1.55; color: var(--paper); opacity: .88;
  max-width: 680px; margin-bottom: 36px; }
.hero-cta-row { display: flex; align-items: center; gap: 22px; flex-wrap: wrap; }
.btn-primary { background: var(--gold); color: var(--navy); border: none;
  padding: 14px 28px; font-family: var(--font); font-weight: 700; font-size: 13px;
  letter-spacing: 1.4px; text-transform: uppercase; text-decoration: none;
  cursor: pointer; transition: transform .15s ease, box-shadow .15s ease; }
.btn-primary:hover { color: var(--navy); transform: translateY(-1px);
  box-shadow: 0 8px 24px rgba(224,184,58,.25); }
.hero-meta { font-size: 12px; font-weight: 500; color: var(--paper); opacity: .7; }
.hero-link { color: var(--paper); font-size: 13px; font-weight: 600; text-decoration: none;
  border-bottom: 1px solid var(--gold); padding-bottom: 2px; }
.hero-link:hover { color: var(--gold); }

/* subscribe band */
.subscribe-band { background: var(--navy); color: var(--paper); padding: 72px 32px;
  border-top: 2px solid var(--gold); }
.subscribe-inner { max-width: 680px; margin: 0 auto; text-align: center; }
.subscribe-band .section-eyebrow { color: var(--gold); border-top-color: var(--gold); }
.subscribe-band h2 { color: var(--paper); text-align: center; margin: 0 auto 16px; }
.subscribe-band .dek { font-size: 16px; line-height: 1.6; color: var(--paper); opacity: .88;
  margin-bottom: 28px; }
.subscribe-proof { font-size: 13px; font-weight: 600; color: var(--gold);
  letter-spacing: .3px; margin-bottom: 22px; }
.subscribe-note { margin-top: 18px; font-size: 12px; color: var(--paper); opacity: .6; }
.embed-wrap { max-width: 460px; margin: 0 auto; }
.embed-wrap iframe { width: 100% !important; max-width: 100%; border: 0; }

/* section frame */
section.frame { max-width: 1080px; margin: 0 auto; padding: 64px 32px; }
.section-eyebrow { font-size: 11px; font-weight: 600; letter-spacing: 1.8px;
  text-transform: uppercase; color: var(--muted); padding-top: 12px;
  border-top: 1px solid var(--gold); display: inline-block; margin-bottom: 18px; }
h2 { font-weight: 600; font-size: 30px; letter-spacing: -0.5px; line-height: 1.2;
  color: var(--navy); margin-bottom: 20px; max-width: 760px; }
h3 { font-weight: 600; font-size: 20px; letter-spacing: -0.3px; color: var(--navy);
  margin-bottom: 12px; }
.section-lede { font-size: 17px; line-height: 1.6; color: var(--body);
  max-width: 720px; margin-bottom: 36px; }
p { margin-bottom: 16px; }
.meta-line { font-size: 13px; color: var(--muted); letter-spacing: .3px;
  margin-bottom: 28px; }

/* stat grid (P&L snapshot) */
.stat-grid { display: grid; grid-template-columns: repeat(4, 1fr); gap: 20px;
  margin: 8px 0 36px; }
.stat { border: 1px solid var(--border); background: #fff; padding: 22px 20px;
  position: relative; }
.stat::before { content: ""; position: absolute; top: 0; left: 0; width: 40px;
  height: 3px; background: var(--gold); }
.stat .label { font-size: 10px; font-weight: 600; letter-spacing: 1.6px;
  text-transform: uppercase; color: var(--muted); margin-bottom: 10px; }
.stat .value { font-size: 26px; font-weight: 700; color: var(--navy);
  letter-spacing: -0.5px; }
.stat .value.pos { color: var(--navy); }
.stat .value.neg { color: var(--oxblood); }

/* report table */
.report-table { width: 100%; border-collapse: collapse; margin: 8px 0 12px;
  font-size: 13px; }
.report-table th { background: var(--navy); color: var(--paper); font-size: 10px;
  font-weight: 600; letter-spacing: 1.5px; text-transform: uppercase;
  padding: 10px; text-align: left; }
.report-table th.r { text-align: right; }
.report-table td { padding: 10px 10px 4px 10px; vertical-align: top; }
.report-table td.r { text-align: right; }
.report-table .tk { color: var(--navy); font-weight: 700; }
.report-table .co { color: var(--muted); font-size: 11px; }
.report-table .num { color: var(--navy); font-weight: 600; }
.report-table .tier { color: var(--navy); font-weight: 600; }
.report-table .tier.flag { color: var(--oxblood); }
.report-table tr.sig td { padding: 0 10px 12px 10px; border-bottom: 1px solid var(--border);
  font-size: 11px; color: var(--muted); }
.report-table tr.sig .k { color: var(--navy); font-weight: 600; }
.report-table tr.total td { border-top: 2px solid var(--navy); border-bottom: none;
  font-weight: 700; color: var(--navy); padding-top: 12px; }
.report-table td.neg, .stat .value.neg { color: var(--oxblood); }

/* news verdict chips (match the report PDF) */
.chip { display: inline-block; font-size: 9px; font-weight: 700; letter-spacing: 1px;
  text-transform: uppercase; padding: 2px 8px; border-radius: 10px; margin-right: 8px;
  background: var(--navy); color: var(--paper); vertical-align: middle; }
.chip.good { background: var(--gold); color: var(--navy); }
.chip.earned { background: var(--oxblood); color: var(--paper); }

/* chart */
.chart-wrap { border-top: 1px solid var(--border); border-bottom: 1px solid var(--border);
  padding: 18px 0; text-align: center; margin: 24px 0; }
.chart-wrap img { display: block; margin: 0 auto; max-width: 100%; height: auto; }
.chart-cap { margin-top: 10px; font-size: 11px; color: var(--muted); }

/* downloads */
.downloads { display: flex; gap: 14px; flex-wrap: wrap; margin: 20px 0 8px; }
.download-pill { border: 1px solid var(--border); padding: 10px 16px; font-size: 12px;
  font-weight: 600; letter-spacing: .6px; text-decoration: none; color: var(--navy);
  background: #fff; }
.download-pill:hover { border-color: var(--navy); color: var(--navy); }

/* archive list */
.archive-list { list-style: none; }
.archive-list li { border-bottom: 1px solid var(--border); padding: 16px 0;
  display: flex; align-items: baseline; gap: 16px; }
.archive-list .kind { font-size: 10px; font-weight: 700; letter-spacing: 1.4px;
  text-transform: uppercase; color: var(--paper); background: var(--navy);
  padding: 4px 9px; flex-shrink: 0; }
.archive-list .kind.weekly { background: #1F3864; }
.archive-list .kind.monthly { background: var(--oxblood); }
.archive-list .date { font-weight: 600; color: var(--navy); text-decoration: none; }
.archive-list .date:hover { color: var(--oxblood); }
.archive-list .note { color: var(--muted); font-size: 13px; }

/* methodology sections */
.memo-section { max-width: 760px; margin-bottom: 28px; }
.memo-section h3 { padding-top: 12px; border-top: 1px solid var(--gold); }

/* disclaimer band */
.disclaimer-band { background: var(--navy); color: var(--paper); padding: 28px 32px; }
.disclaimer-band .inner { max-width: 1080px; margin: 0 auto; font-size: 12px;
  line-height: 1.6; opacity: .85; }
.disclaimer-band strong { color: var(--gold); }

/* footer */
footer { background: var(--navy); color: var(--paper); padding: 48px 32px 36px; }
.footer-inner { max-width: 1080px; margin: 0 auto; display: flex;
  justify-content: space-between; align-items: flex-start; flex-wrap: wrap; gap: 28px; }
.footer-brand { display: flex; align-items: center; gap: 14px; }
.footer-brand .mark { width: 34px; height: 34px; }
.footer-brand .wordmark { font-size: 16px; }
.footer-contact { font-size: 13px; color: var(--paper); opacity: .8; line-height: 1.7; }
.footer-contact a { color: var(--gold); text-decoration: none; }
.footer-rule { max-width: 1080px; margin: 28px auto 0;
  border-top: 1px solid rgba(250,250,249,.15); padding-top: 18px; font-size: 11px;
  font-weight: 600; letter-spacing: 1.8px; text-transform: uppercase;
  color: var(--paper); opacity: .5; text-align: center; }
.footer-rule .dot { color: var(--gold); margin: 0 10px; }

@media (max-width: 768px) {
  .masthead { padding: 18px 20px; }
  nav.site-nav .nav-inner { padding: 0 12px; }
  nav.site-nav a { padding: 12px 10px; letter-spacing: .8px; }
  .hero { padding: 56px 20px 64px; }
  .hero h1 { font-size: 30px; letter-spacing: -0.5px; }
  .hero .dek { font-size: 16px; }
  section.frame { padding: 48px 20px; }
  h2 { font-size: 25px; }
  .stat-grid { grid-template-columns: 1fr 1fr; gap: 14px; }
  .footer-inner { flex-direction: column; gap: 18px; }
}
@media (max-width: 420px) { .stat-grid { grid-template-columns: 1fr; } }