/* Styles belong to the new editorial pages; existing site media rules are preserved. */
:root {
  --ss-blue: #139acb;
  --ss-link: #08769e;
  --ss-magenta: #e6007a;
  --ss-ink: #17232d;
  --ss-muted: #53616d;
  --ss-line: #dfe6eb;
  --ss-wash: #f4f8fa;
}
* { box-sizing: border-box; }
[hidden] { display: none !important; }
html { scroll-behavior: smooth; }
body { margin: 0; background: #fff; color: var(--ss-ink); font-family: Arial, Helvetica, sans-serif; }
a { color: var(--ss-link); text-decoration-thickness: 1px; text-underline-offset: 3px; }
a:hover { color: #a70059; }
a:focus-visible, button:focus-visible, input:focus-visible, summary:focus-visible { outline: 3px solid var(--ss-link); outline-offset: 4px; }
button, input { font: inherit; }
button { cursor: pointer; }
.icon-definitions { display: none; }
img { max-width: 100%; height: auto; }
.skip-link { position: absolute; top: -100px; left: 20px; padding: 12px 18px; background: #fff; z-index: 2; }
.skip-link:focus { top: 12px; }
.site-header { border-bottom: 1px solid var(--ss-line); }
.site-header-inner { max-width: 1120px; margin: auto; padding: 27px 32px; display: flex; align-items: center; justify-content: space-between; gap: 26px; }
.brand { display: inline-flex; flex-shrink: 0; }
.brand img { display: block; width: 266px; }
.site-nav { display: flex; flex-wrap: wrap; align-items: center; gap: 25px; }
.site-nav a { color: var(--ss-muted); font-size: 14px; font-weight: 700; text-decoration: none; padding: 8px 0; }
.site-nav a:hover, .site-nav a[aria-current] { color: #a70059; }
.article-shell { width: min(100% - 64px, 860px); margin: 0 auto; }
.breadcrumbs { padding-top: 27px; margin-bottom: 38px; font-size: 12px; line-height: 1.8; color: var(--ss-muted); }
.breadcrumbs ol { display: flex; flex-wrap: wrap; gap: 0 9px; list-style: none; padding: 0; margin: 0; }
.breadcrumbs li + li::before { content: '/'; color: #a2acb3; margin-right: 9px; }
.breadcrumbs a { text-decoration: none; }
.breadcrumbs [aria-current] { color: var(--ss-muted); }
.article-kicker { display: flex; flex-wrap: wrap; align-items: center; gap: 11px; margin: 0 0 19px; color: #a70059; font-size: 12px; font-weight: 500; line-height: 1.8; letter-spacing: 1px; text-transform: uppercase; }
.article-kicker::before { content: ''; width: 24px; height: 3px; background: var(--ss-magenta); transform: translateY(-1px); }
.article-kicker span { color: #53616d; font-weight: 400; line-height: 1.8; letter-spacing: .8px; }
h1 { font-size: clamp(32px, 4.6vw, 51px); line-height: 1.1; letter-spacing: -1.7px; margin: 0 0 22px; max-width: 820px; text-wrap: balance; }
.article-deck { color: var(--ss-muted); font-size: 20px; line-height: 1.6; max-width: 780px; margin: 0 0 25px; }
.article-meta { display: flex; flex-wrap: wrap; align-items: center; gap: 16px 20px; padding: 0 0 23px; border-bottom: 1px solid var(--ss-line); }
.author { display: flex; align-items: center; gap: 10px; font-size: 13px; }
.author-mark { display: grid; place-items: center; width: 36px; height: 36px; border-radius: 50%; background: #faeef5; color: #a70059; font-size: 11px; font-weight: 800; }
.publication { display: flex; flex-wrap: wrap; gap: 7px 13px; color: var(--ss-muted); font-size: 12px; line-height: 1.7; }
.read-time { white-space: nowrap; }
.read-time::before { content: '\2022'; color: #8996a0; margin-right: 13px; }
.share-row { display: flex; flex-wrap: wrap; align-items: center; gap: 11px; margin-top: 18px; }
.share-label { font-size: 12px; color: var(--ss-muted); margin-right: 4px; }
.share-actions { display: flex; gap: 8px; }
.share-icon { display: inline-flex; align-items: center; justify-content: center; width: 40px; height: 40px; padding: 10px; border: 1px solid #d8e1e7; border-radius: 50%; background: #fff; color: #263b48; text-decoration: none; }
.share-icon:hover { color: #a70059; background: #fdf4f9; border-color: #e4b7d0; }
.share-icon svg { width: 18px; height: 18px; fill: currentColor; }
.share-status { font-size: 12px; color: var(--ss-muted); }
.copy-fallback { width: 100%; margin: 4px 0 0; }
.copy-fallback label { font-size: 13px; display: block; margin-bottom: 7px; }
.copy-fallback input { width: 100%; border: 1px solid var(--ss-line); border-radius: 4px; padding: 10px; color: var(--ss-ink); font-size: 14px; }
.preview-note { display: inline-block; color: #53616d; background: var(--ss-wash); font-size: 11px; padding: 5px 8px; border-radius: 3px; margin: 20px 0 0; }
.article-body { margin-top: 30px; font-size: 18px; line-height: 1.85; }
.article-body p, .article-body h2, .article-body h3, .article-body ul { max-width: 760px; }
.article-body p { margin: 0 0 22px; }
.article-body .opening { font-size: 20px; line-height: 1.8; color: #283b48; }
.article-body h2 { font-size: 27px; line-height: 1.3; letter-spacing: -.55px; margin: 42px 0 17px; text-wrap: balance; }
.article-body h3 { font-size: 20px; line-height: 1.4; margin: 30px 0 12px; }
.article-body ul { padding-left: 22px; margin-top: 0; }
.article-body li { margin-bottom: 13px; padding-left: 5px; }
.citation { font-size: 12px; font-weight: 700; margin-left: 3px; white-space: nowrap; }
.article-figure { margin: 32px 0; }
.article-chart { display: block; border: 1px solid #dce7ed; border-radius: 9px; overflow: hidden; background: #f6fafc; }
.article-chart img { display: block; width: 100%; }
figcaption { color: var(--ss-muted); font-size: 12px; line-height: 1.75; margin-top: 11px; max-width: 810px; }
.chart-data { color: var(--ss-muted); font-size: 12px; margin-top: 8px; }
.chart-data summary { cursor: pointer; color: var(--ss-link); text-decoration: underline; text-underline-offset: 3px; width: fit-content; }
.chart-data table { width: min(100%, 430px); margin-top: 10px; border-collapse: collapse; font-size: 13px; }
.chart-data th, .chart-data td { border-bottom: 1px solid var(--ss-line); padding: 8px; text-align: left; }
.market-take { border-left: 3px solid var(--ss-blue); background: #f3f8fb; padding: 21px 24px; margin: 30px 0 34px; }
.market-take .take-label { color: #08769e; font-size: 12px; line-height: 1.8; letter-spacing: 1px; text-transform: uppercase; font-weight: 500; margin: 0 0 12px; }
.market-take p:last-child { font-size: 17px; line-height: 1.75; margin: 0; }
.company-grid { display: grid; grid-template-columns: repeat(2, minmax(0, 1fr)); gap: 14px; margin: 25px 0; }
.company-card { border: 1px solid var(--ss-line); border-radius: 7px; padding: 19px 21px; }
.company-card h3 { margin: 0 0 4px; font-size: 17px; }
.company-card .ticker { font-size: 12px; color: var(--ss-link); font-weight: 700; margin: 0 0 11px; }
.company-card p { margin: 0; font-size: 14px; line-height: 1.75; }
.pull-quote { position: relative; border-top: 1px solid var(--ss-line); border-bottom: 1px solid var(--ss-line); margin: 36px 0; padding: 28px 22px 28px 35px; }
.pull-quote::before { content: '\201C'; position: absolute; top: 12px; left: 0; font-size: 55px; line-height: 1; color: var(--ss-magenta); }
.pull-quote blockquote { margin: 0 0 15px; }
.pull-quote blockquote p { font-size: 25px; line-height: 1.5; font-weight: 700; letter-spacing: -.35px; margin: 0; }
.pull-quote figcaption { margin: 0; font-size: 12px; line-height: 1.8; }
.pull-quote cite { font-style: normal; }
.watch-list strong { color: #233a4c; }
.article-sources { border-top: 1px solid var(--ss-line); margin-top: 40px; padding-top: 25px; }
.article-sources h2 { font-size: 20px; margin: 0 0 17px; }
.article-sources ol { margin: 0; padding-left: 21px; }
.article-sources li { color: var(--ss-muted); font-size: 13px; line-height: 1.8; padding-left: 6px; margin-bottom: 13px; overflow-wrap: anywhere; scroll-margin-top: 25px; }
.article-sources a { font-weight: 700; }
.source-note { display: block; color: var(--ss-muted); }
.closing-share { border-top: 1px solid var(--ss-line); margin-top: 29px; padding-top: 26px; }
.closing-share h2 { font-size: 18px; margin: 0; }
.closing-share .share-row { margin-top: 14px; }
.editorial-notice { margin-top: 26px; padding: 22px 24px; background: #f6f8fa; border: 1px solid #e5eaee; border-radius: 5px; font-size: 13px; line-height: 1.9; color: #455560; }
.editorial-notice p { margin: 0 0 8px; }
.editorial-notice p:last-child { margin-bottom: 0; }
.editorial-notice strong { color: #263b48; }
.site-footer { text-align: center; margin-top: 52px; padding: 26px 24px 30px; border-top: 1px solid var(--ss-line); color: var(--ss-muted); font-size: 12px; line-height: 1.9; }
.site-footer nav { display: flex; justify-content: center; flex-wrap: wrap; gap: 7px 18px; }
.site-footer p { margin: 14px 0 0; }
.category-intro { margin-bottom: 36px; }
.category-card { border-top: 1px solid var(--ss-line); padding: 26px 0; display: grid; grid-template-columns: 300px 1fr; gap: 28px; align-items: center; }
.category-card img { display: block; border: 1px solid var(--ss-line); border-radius: 6px; }
.category-card h2 { font-size: 26px; line-height: 1.25; letter-spacing: -.4px; margin: 0 0 13px; }
.category-card h2 a { color: var(--ss-ink); text-decoration: none; }
.category-card h2 a:hover { color: var(--ss-link); text-decoration: underline; }
.category-card .article-kicker { margin-bottom: 12px; font-size: 12px; }
.category-card p { font-size: 15px; line-height: 1.8; color: var(--ss-muted); margin: 0 0 15px; }
.category-card .card-meta { font-size: 12px; }
.category-card .read-article { font-size: 13px; font-weight: 700; }
@media (max-width: 700px) {
  .site-header-inner { padding: 21px 22px 18px; flex-direction: column; gap: 12px; }
  .brand img { width: 230px; }
  .site-nav { gap: 23px; justify-content: center; }
  .site-nav a { font-size: 12px; }
  .article-shell { width: calc(100% - 40px); }
  .breadcrumbs { padding-top: 19px; margin-bottom: 27px; font-size: 11px; }
  h1 { letter-spacing: -.8px; margin-bottom: 18px; }
  .article-deck { font-size: 17px; line-height: 1.7; margin-bottom: 21px; }
  .article-kicker { font-size: 10px; gap: 9px; letter-spacing: 1.1px; margin-bottom: 17px; }
  .article-meta { gap: 13px; padding-bottom: 18px; }
  .publication { width: 100%; font-size: 11px; gap: 3px 10px; }
  .read-time::before { margin-right: 10px; }
  .article-body { margin-top: 25px; font-size: 17px; line-height: 1.85; }
  .article-body .opening { font-size: 18px; }
  .article-body h2 { font-size: 24px; margin-top: 34px; }
  .article-figure { margin: 25px 0; }
  .market-take { padding: 18px; }
  .market-take p:last-child { font-size: 16px; }
  .company-grid { grid-template-columns: 1fr; gap: 11px; }
  .company-card { padding: 17px 18px; }
  .pull-quote { padding: 25px 8px 25px 27px; }
  .pull-quote blockquote p { font-size: 21px; }
  .editorial-notice { padding: 18px; }
  .category-card { grid-template-columns: 1fr; gap: 21px; }
  .category-card h2 { font-size: 25px; }
}
@media (prefers-reduced-motion: reduce) { html { scroll-behavior: auto; } }
@media print {
  .site-nav, .share-row, .skip-link, .preview-note { display: none; }
  .article-shell { width: 100%; }
  .site-header-inner { padding: 12px 0; }
  .company-grid { grid-template-columns: 1fr 1fr; }
  .company-card, .article-figure, .pull-quote, .editorial-notice { break-inside: avoid; }
  .article-body h2 { break-after: avoid; }
}

/* Compact newsletter placement for the new editorial pages. */
.newsletter-signup { width: min(100% - 40px, 860px); margin: 24px auto 0; padding: 19px 22px; border: 1px solid #eadce4; border-radius: 7px; background: #fffafd; display: grid; grid-template-columns: minmax(0, 1fr) minmax(0, 1.4fr); align-items: center; gap: 18px; }
.newsletter-copy h2 { font-size: 17px; line-height: 1.5; font-weight: 600; letter-spacing: -.2px; margin: 0 0 5px; }
.newsletter-copy p { font-size: 12px; line-height: 1.7; color: var(--ss-muted); margin: 0; }
.newsletter-form { display: grid; grid-template-columns: minmax(0, 1fr) auto; align-items: center; gap: 10px; min-width: 0; }
.newsletter-form input[type="email"] { width: 100%; min-width: 0; height: 46px; border: 0; border-top: 2px solid var(--ss-magenta); border-bottom: 2px solid var(--ss-magenta); border-radius: 0; background: #fff; padding: 0 10px; color: #a70059; font-size: 15px; }
.newsletter-form input[type="email"]:focus { outline: none; box-shadow: none; }
.newsletter-form input[type="email"]:focus-visible { border-color: #a70059; }
.newsletter-form input::placeholder { color: #a70059; opacity: 1; }
.newsletter-form button { border: 1px solid #b80062; border-radius: 6px; background: #e6007a; color: #fff; height: 46px; padding: 0 16px; font-size: 13px; font-weight: 600; white-space: nowrap; }
.newsletter-form button:hover { background: #b80062; }
.newsletter-label, .newsletter-bot-trap { position: absolute; width: 1px; height: 1px; overflow: hidden; clip-path: inset(50%); white-space: nowrap; }
.newsletter-bot-trap { left: -10000px; }
.newsletter-preview-message { grid-column: 1 / -1; margin: 0; font-size: 12px; line-height: 1.7; color: var(--ss-muted); }
@media (max-width: 700px) {
  .newsletter-signup { margin-top: 18px; padding: 15px 17px; grid-template-columns: 1fr; gap: 13px; }
  .newsletter-copy h2 { font-size: 16px; margin-bottom: 3px; }
  .newsletter-form { grid-template-columns: minmax(0, 1fr); gap: 9px; }
  .newsletter-form input[type="email"] { font-size: 16px; }
  .newsletter-form button { height: 42px; }
}
@media print { .newsletter-signup { display: none; } }