/* Bulls & Bears Capital — site styles (brand tokens: brand-system/BRAND-GUIDELINES.md) */
:root{--obsidian:#05080D;--midnight:#071525;--navy:#0A3261;--navy-bright:#1255A0;--graphite:#3B4048;--steel:#5B6775;--platinum:#D7DEE7;--gold:#D3A63A;--gold-ink:#B8862B;--ivory:#F5F7FA;--panel:#FFFFFF;--text:#111820;--text-2:#465362}
*{box-sizing:border-box}
html{scroll-behavior:smooth}
body{margin:0;background:var(--ivory);color:var(--text);font-family:"Manrope","Inter","Segoe UI",sans-serif;line-height:1.6;-webkit-font-smoothing:antialiased}
a{color:var(--navy-bright);text-decoration:none}a:hover{color:var(--navy)}
.wrap{max-width:1120px;margin:0 auto;padding:0 32px}
.row{display:flex;flex-wrap:wrap;align-items:center;justify-content:space-between;gap:16px}
.col{display:flex;flex-direction:column;gap:10px}
.eyebrow{margin:0;font-size:12px;font-weight:600;letter-spacing:.24em;text-transform:uppercase;color:var(--steel)}
.lead{margin:0;font-size:19px;color:var(--text-2);max-width:560px}
.hairline{width:64px;height:2px;background:var(--gold);margin-top:8px}

/* header */
.site-header{background:var(--panel);border-bottom:1px solid var(--platinum)}
.site-header .wrap{padding-top:18px;padding-bottom:18px}
.brand{display:flex;align-items:center;gap:14px;color:var(--text)}
.tile{display:flex;align-items:center;justify-content:center;width:44px;height:44px;border-radius:10px;background:var(--obsidian);overflow:hidden}
.tile img{display:block;width:44px;height:44px}
.wordmark{display:flex;flex-direction:column;gap:2px;line-height:1.1}
.w1{font-size:18px;font-weight:700;letter-spacing:.06em}.w2{font-size:10px;font-weight:600;letter-spacing:.32em;color:var(--steel)}
.navy{color:var(--navy)}.gold{color:var(--gold-ink)}.graphite{color:var(--graphite)}
nav a{color:var(--text-2);font-size:15px;font-weight:500;padding:10px 0}

/* hero */
.hero{position:relative;display:flex;flex-wrap:wrap;align-items:center;gap:48px;padding-top:96px;padding-bottom:80px;overflow:hidden}
.orbit-bg{position:absolute;right:-140px;top:-120px;width:620px;height:620px;opacity:.35;pointer-events:none;animation:orbit 80s linear infinite;transform-origin:50% 50%}
.hero-text{position:relative;flex:1 1 440px;min-width:0;display:flex;flex-direction:column;gap:20px}
.hero h1{margin:0;font-size:54px;line-height:1.08;font-weight:700;color:var(--navy);letter-spacing:-.01em}
.hero-art{position:relative;flex:1 1 420px;min-width:0;display:flex;justify-content:center}
.lockup{position:relative;width:100%;max-width:520px;aspect-ratio:16/9;border-radius:16px;overflow:hidden;box-shadow:0 28px 56px rgba(10,50,97,.18);animation:iris 1.4s cubic-bezier(.2,0,0,1) .5s both}
.lockup img{position:absolute;inset:0;width:100%;height:100%;object-fit:cover;display:block}
.lockup-orbit{position:absolute;inset:0;width:100%;height:100%}
.lockup-orbit .ring{transform-origin:290px 340px;animation:orbit 14s linear infinite}
.lockup-orbit .ring.slow{animation-duration:36s;animation-direction:reverse}
.lockup-orbit .pulse{transform-origin:290px 340px;animation:pulse 4s ease-in-out infinite}
.tile{position:relative}
.tile-orbit{position:absolute;left:-6px;top:-6px;width:56px;height:56px;pointer-events:none;animation:orbit 24s linear infinite;transform-origin:50% 50%}
.tile-orbit circle:first-child{opacity:.6}

/* insights */
.insights{background:var(--panel);border-top:1px solid var(--platinum);border-bottom:1px solid var(--platinum)}
.insights .wrap{padding-top:72px;padding-bottom:80px;display:flex;flex-direction:column;gap:36px}
.section-head{display:flex;flex-direction:column;gap:12px;max-width:760px}
.section-head h2{margin:0;font-size:34px;line-height:1.2;font-weight:700;color:var(--navy)}
.section-head .lead{font-size:17px;max-width:720px}
.grid{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:20px}
.grid.three{grid-template-columns:repeat(3,minmax(0,1fr))}
.card{position:relative;display:flex;flex-direction:column;gap:10px;background:var(--ivory);border:1px solid var(--platinum);border-radius:12px;padding:26px 24px 24px;color:var(--text);overflow:hidden;transition:transform .18s cubic-bezier(.2,0,0,1),box-shadow .18s cubic-bezier(.2,0,0,1)}
.card:hover{transform:translateY(-3px);box-shadow:0 18px 36px rgba(10,50,97,.10);color:var(--text)}
.card .label{font-size:12px;font-weight:600;letter-spacing:.2em;text-transform:uppercase;color:var(--steel)}
.card .title{font-size:20px;font-weight:700;line-height:1.3;color:var(--navy)}
.card .standfirst{font-size:15px;color:var(--text-2)}
.card .meta{margin-top:auto;padding-top:8px;font-size:13px;color:var(--steel)}
.card.featured{grid-column:span 2;background:var(--navy);border-color:var(--navy);padding:36px 32px 32px;min-height:300px;justify-content:flex-end}
.card.featured .label{color:#C7D3E3}.card.featured .title{font-size:30px;color:#FFFFFF;max-width:560px}.card.featured .standfirst{color:#D9E2EE;max-width:600px;font-size:16px}.card.featured .meta{color:#C7D3E3}
.card.featured .orbit{position:absolute;right:-90px;top:-110px;width:420px;height:420px;animation:orbit 90s linear infinite;transform-origin:50% 50%}
.card.featured:hover{box-shadow:0 22px 44px rgba(10,50,97,.28)}

/* article */
.article-page{padding-top:64px}
.article{max-width:760px;display:flex;flex-direction:column;gap:18px}
.article h1{margin:0;font-size:44px;line-height:1.12;font-weight:700;color:var(--navy);letter-spacing:-.01em}
.article .standfirst{margin:0;font-size:21px;color:var(--text-2);line-height:1.5}
.article .meta{margin:0;font-size:14px;color:var(--steel)}
.article .body{margin-top:8px;font-size:18px;line-height:1.75;color:var(--text)}
.article .body p{margin:0 0 22px}
.article .body h2{font-size:24px;line-height:1.3;font-weight:700;color:var(--navy);margin:36px 0 12px}
.more{padding-top:64px;padding-bottom:40px;display:flex;flex-direction:column;gap:20px;border-top:1px solid var(--platinum);margin-top:56px}
.back{margin:8px 0 0;font-size:15px;font-weight:500}

/* footer */
.site-footer{background:var(--panel);border-top:1px solid var(--platinum);margin-top:48px}
.site-footer .wrap{padding-top:28px;padding-bottom:40px;font-size:13px;color:var(--steel)}
.site-footer p{margin:0;max-width:760px}

/* motion */
@keyframes rise{from{opacity:0;transform:translateY(18px)}to{opacity:1;transform:none}}
@keyframes draw{from{width:0}to{width:64px}}
@keyframes orbit{from{transform:rotate(0)}to{transform:rotate(360deg)}}
@keyframes iris{from{clip-path:circle(0% at 24% 50%)}to{clip-path:circle(140% at 24% 50%)}}
@keyframes pulse{0%,100%{opacity:0;transform:scale(1)}50%{opacity:.9;transform:scale(1.35)}}
.rise{animation:rise .7s cubic-bezier(.2,0,0,1) both}
.d1{animation-delay:.1s}.d2{animation-delay:.22s}.d3{animation-delay:.34s}.d4{animation-delay:.46s}.d5{animation-delay:.58s}.d6{animation-delay:.7s}
.draw{animation:draw .9s cubic-bezier(.2,0,0,1) .6s both}
.reveal{opacity:0;transform:translateY(18px);transition:opacity .7s cubic-bezier(.2,0,0,1),transform .7s cubic-bezier(.2,0,0,1)}
.reveal.in{opacity:1;transform:none}
.grid .reveal:nth-child(2){transition-delay:.1s}.grid .reveal:nth-child(3){transition-delay:.2s}.grid .reveal:nth-child(4){transition-delay:.3s}.grid .reveal:nth-child(5){transition-delay:.4s}
@media (prefers-reduced-motion:reduce){.rise,.draw,.orbit-bg,.card .orbit,.lockup,.lockup-orbit .ring,.lockup-orbit .pulse,.tile-orbit{animation:none}.lockup{clip-path:none}.lockup-orbit .pulse{opacity:0}.rise{opacity:1}.draw{width:64px}.reveal{opacity:1;transform:none;transition:none}}

/* phone */
@media (max-width:860px){.grid,.grid.three{grid-template-columns:1fr}.card.featured{grid-column:auto;min-height:0}}
@media (max-width:760px){.hero{padding-top:56px;padding-bottom:48px}.hero h1{font-size:38px}.article h1{font-size:32px}.article .standfirst{font-size:18px}.article .body{font-size:17px}nav{display:none}.wrap{padding:0 20px}}