/* Twelve Research — warm paper gray, black type, square brackets. */

:root {
  --bg: #e2e1dc;
  --bg-raised: #eae9e5;
  --ink: #0a0a0a;
  --ink-2: #4a4945;
  --ink-3: #807e77;
  --rule: #c3c1ba;
  --rule-strong: #0a0a0a;
  --accent-bg: #0a0a0a;
  --accent-ink: #e2e1dc;
  --measure: 680px;
  --wide: 1080px;
  --sans: "Inter", "Helvetica Neue", Helvetica, Arial, sans-serif;
  color-scheme: light;
  --mono: "JetBrains Mono", ui-monospace, "SF Mono", Menlo, monospace;
}

* { box-sizing: border-box; }

html { -webkit-text-size-adjust: 100%; }

body {
  margin: 0;
  background: var(--bg);
  color: var(--ink);
  font-family: var(--sans);
  font-size: 17px;
  line-height: 1.6;
  font-feature-settings: "ss01", "cv11";
  -webkit-font-smoothing: antialiased;
  min-height: 100vh;
  display: flex;
  flex-direction: column;
}

main { flex: 1; }

a { color: inherit; text-decoration-thickness: 1px; text-underline-offset: 3px; }
a:hover { color: var(--ink-2); }

::selection { background: var(--ink); color: var(--bg); }

.wrap { width: 100%; max-width: var(--wide); margin: 0 auto; padding: 0 24px; }
.measure { max-width: var(--measure); margin: 0 auto; }

/* Brackets: the brand's one ornament. */
.br::before { content: "["; font-weight: 300; margin-right: 0.04em; }
.br::after  { content: "]"; font-weight: 300; margin-left: 0.04em; }

.label {
  font-family: var(--mono);
  font-size: 12px;
  letter-spacing: 0.04em;
  text-transform: uppercase;
  color: var(--ink-3);
}

/* ---------------- header */

.site-header {
  border-bottom: 1px solid var(--rule);
}
.site-header .wrap {
  display: flex;
  align-items: center;
  justify-content: space-between;
  gap: 24px;
  height: 64px;
}
.wordmark {
  font-size: 18px;
  font-weight: 500;
  letter-spacing: -0.01em;
  text-decoration: none;
  white-space: nowrap;
}
.nav { display: flex; align-items: center; gap: 22px; font-size: 14px; }
.wm-short { display: none; }
.nav a { text-decoration: none; color: var(--ink-2); white-space: nowrap; }
.nav a:hover, .nav a[aria-current="page"] { color: var(--ink); }
.nav .btn { color: var(--accent-ink); }

.btn {
  display: inline-flex;
  align-items: center;
  justify-content: center;
  gap: 8px;
  font: 500 14px/1 var(--sans);
  padding: 11px 18px;
  border: 1px solid var(--rule-strong);
  background: var(--accent-bg);
  color: var(--accent-ink);
  text-decoration: none;
  cursor: pointer;
  border-radius: 0;
  transition: opacity 0.15s;
}
.btn:hover { opacity: 0.85; color: var(--accent-ink); }
.btn.ghost { background: transparent; color: var(--ink); }
.btn.ghost:hover { background: var(--ink); color: var(--bg); opacity: 1; }
.btn.lg { font-size: 16px; padding: 15px 26px; }
.btn.block { width: 100%; }

/* ---------------- hero */

.hero {
  min-height: 62vh;
  display: flex;
  flex-direction: column;
  align-items: center;
  justify-content: center;
  text-align: center;
  padding: 96px 0 72px;
  border-bottom: 1px solid var(--rule);
}
.hero h1 {
  font-size: clamp(34px, 7.4vw, 88px);
  font-weight: 400;
  letter-spacing: -0.025em;
  line-height: 1;
  margin: 0;
  white-space: nowrap;
}
.hero h1 .br::before, .hero h1 .br::after { font-weight: 200; }
.hero p {
  margin: 32px auto 0;
  max-width: 520px;
  color: var(--ink-2);
  font-size: 18px;
}
.hero .actions { margin-top: 36px; display: flex; gap: 12px; flex-wrap: wrap; justify-content: center; }

/* ---------------- sections */

.section { padding: 72px 0; }
.section + .section { border-top: 1px solid var(--rule); }
.section-head {
  display: flex;
  justify-content: space-between;
  align-items: baseline;
  margin-bottom: 28px;
}
.section-head h2 { font-size: 15px; font-weight: 500; margin: 0; }
.section-head a { font-size: 14px; color: var(--ink-2); }

.page-title { padding: 72px 0 40px; }
.page-title h1 {
  font-size: clamp(36px, 5vw, 56px);
  font-weight: 400;
  letter-spacing: -0.025em;
  line-height: 1.05;
  margin: 0;
}
.page-title p { color: var(--ink-2); font-size: 18px; max-width: 560px; margin: 18px 0 0; }

/* ---------------- article list */

.post-list { list-style: none; margin: 0; padding: 0; border-top: 1px solid var(--rule-strong); }
.post-list li { border-bottom: 1px solid var(--rule); }
.post-list a {
  display: grid;
  grid-template-columns: 120px 1fr auto;
  gap: 24px;
  padding: 24px 0;
  text-decoration: none;
  align-items: baseline;
}
.post-list a:hover h3 { text-decoration: underline; text-underline-offset: 4px; text-decoration-thickness: 1px; }
.post-list a:hover { color: inherit; }
.post-list time { font-family: var(--mono); font-size: 12px; color: var(--ink-3); }
.post-list h3 { font-size: 21px; font-weight: 500; letter-spacing: -0.015em; line-height: 1.3; margin: 0 0 6px; }
.post-list p { margin: 0; color: var(--ink-2); font-size: 15px; }
.tags { display: flex; gap: 10px; flex-wrap: wrap; justify-content: flex-end; }
.tag { font-family: var(--mono); font-size: 11px; letter-spacing: 0.04em; text-transform: uppercase; color: var(--ink-2); white-space: nowrap; }
.tag.member { color: var(--ink); }

.empty { color: var(--ink-3); padding: 32px 0; }

/* ---------------- article */

.article-head { padding: 72px 0 36px; border-bottom: 1px solid var(--rule); margin-bottom: 44px; }
.article-head .meta { display: flex; gap: 16px; flex-wrap: wrap; margin-bottom: 22px; }
.article-head h1 {
  font-size: clamp(32px, 4.6vw, 50px);
  font-weight: 500;
  letter-spacing: -0.028em;
  line-height: 1.08;
  margin: 0;
}
.article-head .dek { font-size: 20px; line-height: 1.45; color: var(--ink-2); margin: 20px 0 0; }
.also-on { display: flex; gap: 18px; flex-wrap: wrap; margin-top: 26px; font-size: 14px; }
.also-on a { color: var(--ink-2); }

.prose { font-size: 18px; line-height: 1.7; }
.prose > * + * { margin-top: 1.1em; }
.prose p, .prose ul, .prose ol { margin-bottom: 0; }
.prose h2 { font-size: 24px; font-weight: 500; letter-spacing: -0.015em; line-height: 1.25; margin: 2em 0 0; }
.prose h3 { font-size: 19px; font-weight: 600; margin: 1.6em 0 0; }
.prose blockquote { margin-left: 0; margin-right: 0; padding-left: 20px; border-left: 2px solid var(--ink); color: var(--ink-2); }
.prose hr { border: 0; border-top: 1px solid var(--rule); margin: 2.4em 0; }
.prose img { max-width: 100%; height: auto; display: block; }
.prose code { font-family: var(--mono); font-size: 0.88em; background: var(--bg-raised); padding: 1px 5px; }
.prose table { width: 100%; border-collapse: collapse; font-size: 15px; font-variant-numeric: tabular-nums; display: block; overflow-x: auto; }
.prose th, .prose td { text-align: left; padding: 10px 14px 10px 0; border-bottom: 1px solid var(--rule); }
.prose th { font-weight: 600; border-bottom-color: var(--rule-strong); }
.prose td:not(:first-child), .prose th:not(:first-child) { text-align: right; }

.disclaimer { margin-top: 56px; padding-top: 20px; border-top: 1px solid var(--rule); font-size: 13px; line-height: 1.55; color: var(--ink-3); }

/* ---------------- paywall */

.fade { position: relative; }
.fade::after {
  content: "";
  position: absolute; left: 0; right: 0; bottom: 0; height: 140px;
  background: linear-gradient(to bottom, transparent, var(--bg));
  pointer-events: none;
}
.paywall {
  margin-top: 8px;
  border: 1px solid var(--rule-strong);
  padding: 40px 36px;
  text-align: center;
  background: var(--bg-raised);
}
.paywall h2 { font-size: 26px; font-weight: 500; letter-spacing: -0.02em; margin: 14px 0 10px; }
.paywall p { color: var(--ink-2); margin: 0 auto 26px; max-width: 420px; }
.paywall .signin { margin-top: 18px; font-size: 14px; color: var(--ink-2); }

/* ---------------- pricing */

.plan {
  max-width: 440px;
  border: 1px solid var(--rule-strong);
  padding: 40px 36px;
  background: var(--bg-raised);
}
.plan .price { font-size: 64px; font-weight: 400; letter-spacing: -0.04em; line-height: 1; margin: 18px 0 4px; }
.plan .price small { font-size: 18px; letter-spacing: 0; color: var(--ink-2); }
.plan ul { list-style: none; padding: 0; margin: 28px 0 32px; border-top: 1px solid var(--rule); }
.plan li { padding: 12px 0; border-bottom: 1px solid var(--rule); font-size: 15px; }
.plan li::before { content: "[+]"; font-family: var(--mono); font-size: 12px; margin-right: 10px; color: var(--ink-3); }
.plan .fine { font-size: 13px; color: var(--ink-3); margin: 16px 0 0; text-align: center; }

.two-col { display: grid; grid-template-columns: 1fr 440px; gap: 64px; align-items: start; padding-bottom: 96px; }
.two-col .prose { font-size: 17px; }

/* ---------------- forms */

.form { max-width: 420px; }
.form label { display: block; font-size: 14px; font-weight: 500; margin-bottom: 8px; }
.form input[type="email"] {
  width: 100%;
  font: 16px var(--sans);
  padding: 13px 14px;
  border: 1px solid var(--rule-strong);
  background: var(--bg-raised);
  color: var(--ink);
  border-radius: 0;
  margin-bottom: 14px;
}
.form input:focus { outline: 2px solid var(--ink); outline-offset: 2px; }
.form .hint { font-size: 14px; color: var(--ink-3); margin-top: 16px; }

.flash {
  border: 1px solid var(--rule-strong);
  padding: 12px 16px;
  font-size: 14px;
  margin: 24px 0 0;
  background: var(--bg-raised);
}

.panel { border-top: 1px solid var(--rule-strong); max-width: 560px; }
.panel .row { display: flex; justify-content: space-between; gap: 16px; padding: 16px 0; border-bottom: 1px solid var(--rule); font-size: 15px; }
.panel .row span:first-child { color: var(--ink-3); }
.panel-actions { display: flex; gap: 12px; flex-wrap: wrap; margin-top: 28px; }

/* ---------------- footer */

.site-footer { border-top: 1px solid var(--rule); padding: 36px 0 44px; margin-top: 96px; font-size: 13px; color: var(--ink-3); }
.site-footer .wrap { display: flex; justify-content: space-between; gap: 24px; flex-wrap: wrap; }
.site-footer nav { display: flex; gap: 20px; flex-wrap: wrap; }
.site-footer a { color: var(--ink-2); text-decoration: none; }
.site-footer a:hover { color: var(--ink); }
.site-footer .fine { flex-basis: 100%; max-width: 760px; line-height: 1.55; margin: 12px 0 0; }

/* ---------------- responsive */

@media (max-width: 860px) {
  .two-col { grid-template-columns: 1fr; gap: 40px; }
  .plan { max-width: none; }
}

@media (max-width: 900px) {
  .nav { gap: 16px; }
  .nav .hide-sm { display: none; }
}

@media (max-width: 560px) {
  .wm-full { display: none; }
  .wm-short { display: inline; }
}

@media (max-width: 640px) {
  body { font-size: 16px; }
  .wrap { padding: 0 16px; }
  .site-header .wrap { height: 56px; }
  .wordmark { font-size: 16px; }
  .nav { gap: 14px; font-size: 13px; }
  .nav .hide-sm { display: none; }
  .nav .btn { padding: 8px 12px; font-size: 13px; }
  .wordmark { font-size: 15px; }
  .hero { padding: 72px 0 56px; min-height: 52vh; }
  .hero h1 { font-size: 8.4vw; }
  .post-list a { grid-template-columns: 1fr; gap: 6px; padding: 20px 0; }
  .tags { justify-content: flex-start; }
  .prose { font-size: 17px; }
  .paywall, .plan { padding: 32px 20px; }
  .section { padding: 56px 0; }
}

@media (max-width: 440px) {
  .nav .hide-xs { display: none; }
}

/* ---------------- charts */

:root {
  --s1: #9c4f2a;        /* clay — primary series */
  --s2: #2f5f9e;        /* ink blue — comparison series */
  --s-ctx: #adaba4;     /* grey — context marks, no identity */
}

.dashboard-intro { max-width: 640px; color: var(--ink-2); margin: 0 0 40px; font-size: 17px; }
.dashboard-foot { font-size: 13px; color: var(--ink-3); margin: 32px 0 0; max-width: 640px; line-height: 1.55; }

.figure { margin: 0 0 48px; }
.figure figcaption { max-width: 640px; margin-bottom: 20px; }
.figure figcaption h3 { font-size: 21px; font-weight: 500; letter-spacing: -0.015em; line-height: 1.3; margin: 10px 0 8px; }
.figure figcaption p { margin: 0; color: var(--ink-2); font-size: 15px; line-height: 1.55; }

/* The plot scrolls sideways on narrow screens rather than shrinking its type. */
.figure-plot { overflow-x: auto; border-top: 1px solid var(--rule-strong); padding-top: 16px; }
.chart-svg { display: block; width: 100%; min-width: 620px; height: auto; }

.figure-pair { display: grid; grid-template-columns: repeat(2, minmax(0, 1fr)); gap: 48px; }
.figure-pair .chart-svg { min-width: 560px; }

/* SVG type and chrome, so the charts restyle with the site. */
.c-tick { font: 11px var(--mono); fill: var(--ink-3); }
.c-legend { font: 13px var(--sans); fill: var(--ink-2); }
.c-label { font: 500 14px var(--sans); fill: var(--ink); }
.c-sub { font: 12px var(--mono); fill: var(--ink-3); }
.c-annot { font: 500 13px var(--sans); fill: var(--ink); }
.c-axis-title { font: 500 13px var(--sans); fill: var(--ink-2); }
.c-foot { font: 11px var(--mono); fill: var(--ink-3); }
.c-grid { stroke: var(--rule); stroke-width: 1; }
.c-rule { stroke: var(--ink-3); stroke-width: 1; }
.c-annot-rule { stroke: var(--ink); stroke-width: 1; }
.chart-svg circle { transition: r 0.1s; }
.chart-svg circle:hover { r: 7; }

.figure-hint { display: none; font-size: 12px; color: var(--ink-3); margin: 10px 0 0; }
@media (max-width: 700px) { .figure-hint { display: block; } }

.figure-data { margin-top: 18px; border-top: 1px solid var(--rule); }
.figure-data summary { font: 500 13px var(--sans); color: var(--ink-2); cursor: pointer; padding: 12px 0; list-style-position: outside; }
.figure-data summary:hover { color: var(--ink); }
.figure-data table { width: 100%; border-collapse: collapse; font-size: 13px; font-variant-numeric: tabular-nums; }
.figure-data th, .figure-data td { text-align: left; padding: 7px 14px 7px 0; border-bottom: 1px solid var(--rule); }
.figure-data th { font-weight: 600; color: var(--ink-2); }
.figure-data td:not(:first-child), .figure-data th:not(:first-child) { text-align: right; }
.figure-source { font-size: 12px; color: var(--ink-3); margin: 14px 0 20px; }

@media (max-width: 1100px) {
  .figure-pair { grid-template-columns: minmax(0, 1fr); gap: 0; }
}

/* ---------------- live feed */

.feed { list-style: none; margin: 0; padding: 0; border-top: 1px solid var(--rule-strong); }
.alert { border-bottom: 1px solid var(--rule); padding: 20px 0 22px; }
.alert-head { display: flex; align-items: baseline; gap: 14px; flex-wrap: wrap; }
.alert-ticker { font: 600 19px/1 var(--sans); letter-spacing: -0.01em; }
.alert-action {
  font: 11px/1 var(--mono); text-transform: uppercase; letter-spacing: 0.08em;
  border-left: 2px solid var(--ink-3); padding: 2px 0 2px 7px; color: var(--ink-2);
}
.act-entry, .act-add { border-left-color: var(--s1); color: var(--ink); }
.act-trim, .act-exit { border-left-color: var(--s2); color: var(--ink); }
.alert-level { font: 13px var(--mono); color: var(--ink); }
.alert-head time { font: 11px var(--mono); color: var(--ink-3); margin-left: auto; }
.alert-sent { font: 11px var(--mono); color: var(--ink-3); }
.alert-thesis { margin: 12px 0 0; font-size: 16px; line-height: 1.6; }
.alert-rationale { margin: 10px 0 0; font-size: 15px; line-height: 1.6; color: var(--ink-2); }
.locked-text { color: var(--ink-3); font-size: 14px; }
.feed-compact .alert { padding: 16px 0; }
.live-strip .feed { max-width: 760px; }
.strip-tagline { max-width: 560px; color: var(--ink-2); font-size: 16px; margin: -8px 0 28px; }
.plan-tagline { font-size: 14px; line-height: 1.5; color: var(--ink-2); margin: 12px 0 0; }

/* ---------------- plans */

.plans { display: grid; grid-template-columns: repeat(2, minmax(0, 1fr)); gap: 24px; max-width: 840px; align-items: start; }
.plans .plan { max-width: none; }
.plan-feature { border-width: 2px; }
.plans-foot { font-size: 14px; color: var(--ink-3); margin: 28px 0 0; max-width: 840px; }
.upgrade-card { margin-bottom: 48px; }

/* ---------------- admin desk */

.admin-form { max-width: 560px; }
.admin-row { display: grid; grid-template-columns: 1.2fr 1fr 1fr; gap: 14px; }
.form select, .form textarea, .form input[type="tel"], .form input[type="text"], .form input:not([type]) {
  width: 100%; font: 16px var(--sans); padding: 13px 14px; border: 1px solid var(--rule-strong);
  background: var(--bg-raised); color: var(--ink); border-radius: 0; margin-bottom: 14px;
}
.form textarea { line-height: 1.55; resize: vertical; }
.form .check { display: flex; gap: 10px; align-items: flex-start; font-size: 14px; font-weight: 400;
  color: var(--ink-2); line-height: 1.5; margin: 4px 0 20px; }
.form .check input { margin-top: 3px; flex: none; }
.link-btn { background: none; border: 0; padding: 0; font: 11px var(--mono); color: var(--ink-3);
  text-decoration: underline; cursor: pointer; }
.link-btn:hover { color: var(--ink); }
.admin-recent { display: block; margin: 48px 0 16px; }
.sms-setup { margin-top: 56px; border-top: 1px solid var(--rule-strong); padding-top: 28px; max-width: 480px; }
.sms-setup h2 { display: block; margin: 0 0 16px; }
.sms-setup p { font-size: 15px; color: var(--ink-2); }

@media (max-width: 760px) {
  .plans { grid-template-columns: minmax(0, 1fr); }
  .admin-row { grid-template-columns: 1fr 1fr; }
  .admin-row > div:first-child { grid-column: 1 / -1; }
  .alert-head time { margin-left: 0; width: 100%; }
}

/* ---------------- portfolio */

:root { --up: #2f6b4a; --down: #a33a2b; }

.visually-hidden { position: absolute; width: 1px; height: 1px; overflow: hidden; clip: rect(0 0 0 0); white-space: nowrap; }

/* Direction is carried by the +/− sign as well as the colour. */
.up { color: var(--up); }
.down { color: var(--down); }

.book-summary { display: grid; grid-template-columns: repeat(4, minmax(0, 1fr)); gap: 20px;
  border-top: 1px solid var(--rule-strong); border-bottom: 1px solid var(--rule); padding: 18px 0 20px; margin-bottom: 4px; }
.book-summary div { display: flex; flex-direction: column; gap: 6px; }
.book-summary strong { font-size: 24px; font-weight: 500; letter-spacing: -0.02em; }
.book-summary small { font-size: 13px; font-weight: 400; }

table.book { width: 100%; border-collapse: collapse; font-size: 15px; font-variant-numeric: tabular-nums; }
table.book th { font: 11px var(--mono); text-transform: uppercase; letter-spacing: 0.04em; color: var(--ink-3);
  text-align: right; padding: 14px 0 10px; border-bottom: 1px solid var(--rule); font-weight: 400; }
table.book th:first-child { text-align: left; }
table.book td { padding: 14px 0; border-bottom: 1px solid var(--rule); text-align: right; }
table.book td:first-child { text-align: left; }
.book-ticker { font-weight: 600; font-size: 16px; }
.book-note { display: block; font-size: 13px; color: var(--ink-3); margin-top: 3px; }
.row-closed { color: var(--ink-3); }
.book-actions { white-space: nowrap; }
.book-actions details { display: inline-block; }
.book-actions summary { font: 11px var(--mono); color: var(--ink-3); cursor: pointer; }
.book-actions form { display: inline-flex; gap: 6px; align-items: center; margin-left: 8px; }
.book-actions input { font: 13px var(--sans); padding: 5px 7px; border: 1px solid var(--rule-strong);
  background: var(--bg); width: 90px; }
.book-foot { font-size: 12px; color: var(--ink-3); margin: 14px 0 0; }

.add-position { margin: 28px 0 0; border-top: 1px solid var(--rule); }
.add-position summary { font: 500 14px var(--sans); padding: 14px 0; cursor: pointer; }
.add-position .form { max-width: 560px; padding-bottom: 8px; }
.twelve-book { margin-top: 64px; }
.book-intro { color: var(--ink-2); font-size: 15px; max-width: 620px; margin: 0 0 20px; }
.readonly-book .book-actions { display: none; }
.took-it { display: inline-block; margin-top: 12px; font-size: 13px; color: var(--ink-2); }
.form .inline-input { font: 14px var(--sans); padding: 6px 8px; border: 1px solid var(--rule-strong);
  background: var(--bg); width: 90px; margin: 0 0 0 4px; flex: none; }
.form .check { flex-wrap: wrap; align-items: center; }
.form .check input[type="checkbox"] { margin-top: 0; }

@media (max-width: 700px) {
  .book-summary { grid-template-columns: repeat(2, minmax(0, 1fr)); gap: 16px; }
  table.book { font-size: 14px; }
  table.book th:nth-child(2), table.book td:nth-child(2),
  table.book th:nth-child(5), table.book td:nth-child(5) { display: none; }
}

/* ---------------- holding page */

.hero-soon { min-height: 70vh; }
.hero-soon .label { margin-bottom: 28px; }
.notify { display: flex; gap: 10px; margin: 36px auto 0; max-width: 440px; width: 100%; }
.notify input {
  flex: 1; font: 16px var(--sans); padding: 13px 14px; border: 1px solid var(--rule-strong);
  background: var(--bg-raised); color: var(--ink); border-radius: 0; min-width: 0;
}
.notify input:focus { outline: 2px solid var(--ink); outline-offset: 2px; }
.notify .btn { flex: none; }
.notify-fine { font-size: 13px; color: var(--ink-3); margin-top: 14px; }

@media (max-width: 560px) {
  .notify { flex-direction: column; }
  .notify .btn { width: 100%; }
}

/* ---------------- landing: the data as the decoration */

.hero-landing { position: relative; overflow: hidden; isolation: isolate; min-height: 76vh; padding-bottom: 120px; }
.hero-landing .wrap { position: relative; z-index: 1; }

.hero-backdrop {
  position: absolute; inset: 0; width: 100%; height: 100%;
  z-index: 0; pointer-events: none;
  /* clear behind the type, strongest along the bottom edge */
  -webkit-mask-image: linear-gradient(to bottom, transparent 40%, rgba(0,0,0,0.75) 68%, #000 86%);
  mask-image: linear-gradient(to bottom, transparent 40%, rgba(0,0,0,0.75) 68%, #000 86%);
}
.hero-dots circle { fill: var(--ink); opacity: 0.13; }
.hero-line { fill: none; stroke-width: 2.5; stroke-linecap: round; stroke-linejoin: round; opacity: 0.55; }
.hero-closed { stroke: var(--s1); }
.hero-open { stroke: var(--s2); }


/* ---------------- figures band */

.figures-band { background: var(--ink); color: var(--bg); padding: 56px 0 52px; }
.figures-row { display: grid; grid-template-columns: repeat(3, minmax(0, 1fr)); gap: 40px; }
.figure-stat { border-top: 1px solid rgba(226, 225, 220, 0.25); padding-top: 20px; }
.stat-value {
  font-size: clamp(36px, 4.6vw, 56px); font-weight: 400; letter-spacing: -0.035em;
  line-height: 1; display: flex; align-items: baseline; gap: 9px;
}
.stat-unit { font-size: 15px; letter-spacing: 0; opacity: 0.6; font-weight: 400; }
.stat-label { font-size: 15px; margin-top: 14px; }
.stat-foot { font: 11px var(--mono); letter-spacing: 0.04em; opacity: 0.55; margin-top: 6px; text-transform: uppercase; }
.figures-foot { font-size: 13px; opacity: 0.55; margin: 40px 0 0; max-width: 560px; }

@media (max-width: 760px) {
  .figures-row { grid-template-columns: minmax(0, 1fr); gap: 28px; }
  .figures-band { padding: 44px 0 40px; }
}

/* ---------------- published research */

.latest { padding-top: 64px; padding-bottom: 64px; }

.lead-post {
  display: block; color: inherit;
  border-top: 1px solid var(--rule-strong); padding: 26px 0 30px; position: relative;
}
.lead-post h3 a { text-decoration: none; }
.lead-actions { display: flex; gap: 12px; flex-wrap: wrap; margin-top: 26px; }
.lead-post::after {
  content: ""; position: absolute; left: 0; right: 0; bottom: 0; height: 1px;
  background: var(--ink); transform: scaleX(0); transform-origin: left;
  transition: transform 0.35s cubic-bezier(.22,.61,.36,1);
}
.lead-post:hover::after { transform: scaleX(1); }
.lead-date { font: 11px var(--mono); letter-spacing: 0.06em; text-transform: uppercase; color: var(--ink-3); }
.lead-post h3 {
  font-size: clamp(30px, 4.4vw, 46px); font-weight: 400; letter-spacing: -0.028em;
  line-height: 1.08; margin: 16px 0 0; max-width: 16ch;
}
.lead-post h3 a:hover { color: var(--s1); }
.lead-dek { font-size: 18px; line-height: 1.5; color: var(--ink-2); margin: 16px 0 0; max-width: 54ch; }


.post-index { list-style: none; margin: 8px 0 0; padding: 0; }
.post-index li { border-bottom: 1px solid var(--rule); }
.post-index li {
  display: grid; grid-template-columns: 150px 1fr auto; gap: 24px; align-items: baseline; padding: 18px 0;
}
.post-index-title { text-decoration: none; }
.post-index-ext { font: 11px var(--mono); color: var(--ink-3); text-decoration: none; white-space: nowrap; }
.post-index-ext:hover { color: var(--ink); }
.post-index time { font: 11px var(--mono); letter-spacing: 0.05em; text-transform: uppercase; color: var(--ink-3); }
.post-index-title { font-size: 19px; font-weight: 500; letter-spacing: -0.012em; }
.post-index-title:hover { text-decoration: underline; text-underline-offset: 4px; }
.post-index-dek { display: block; font-size: 15px; color: var(--ink-2); margin-top: 5px; }

@media (max-width: 640px) {
  .post-index li { grid-template-columns: 1fr; gap: 6px; }
  .lead-post h3 { max-width: none; }
}

/* ---------------- a post, read on the site */

.post-actions { margin-top: 26px; }
.substack-body figure { margin: 2em 0; }
.substack-body img { display: block; width: 100%; height: auto; max-width: 100%; }
.substack-body picture { display: block; }
.substack-body .image-link { display: block; }
.substack-body .image-caption, .substack-body figcaption {
  font-size: 14px; color: var(--ink-3); text-align: center; margin-top: 10px; line-height: 1.5;
}
.substack-body a { color: var(--ink); text-decoration-color: var(--s1); text-decoration-thickness: 1px; }
.substack-body blockquote { font-size: 19px; }

.post-end {
  margin-top: 64px; padding: 36px 32px; border: 1px solid var(--rule-strong); background: var(--bg-raised);
}
.post-end h2 { font-size: 26px; font-weight: 500; letter-spacing: -0.02em; margin: 12px 0 10px; }
.post-end p { color: var(--ink-2); margin: 0 0 24px; max-width: 46ch; }
.post-end-actions { display: flex; align-items: center; gap: 20px; flex-wrap: wrap; }
.post-end-link { font-size: 14px; color: var(--ink-2); }
.post-back { margin: 40px 0 0; font-size: 14px; }
.post-back a { color: var(--ink-2); text-decoration: none; }
.post-back a:hover { color: var(--ink); }
@media (max-width: 640px) { .post-end { padding: 28px 20px; } }