{
"market": "US",
"phase": "expansion",
"phaseLabel": "확장",
"confidence": "low",
"signals": [
"HY 스프레드 안정 (272bp)",
"수익률곡선 평탄화 (+0.42%)",
"금 급등 (YoY +37.3%)",
"CPI 3.7% — 인플레 동반 확장"
],
"sectorStrategy": {
"high": "overweight",
"moderate": "overweight",
"defensive": "neutral",
"low": "neutral"
},
"transition": {
"from": "expansion",
"to": "slowdown",
"progress": 25,
"triggered": [
"term_spread_flattening"
],
"pending": [
"hy_spread_widening",
"bei_overheating",
"vix_rising"
]
},
"quadrant": {
"quadrant": "reflation",
"quadrantLabel": "리플레이션",
"growth": "rising",
"growthSignal": 657323.0,
"inflation": "rising",
"inflationSignal": 25.52,
"assetImplication": {
"equity": "overweight",
"bond": "underweight",
"commodity": "overweight",
"gold": "neutral",
"tips": "overweight",
"cash": "underweight"
},
"confidence": "high",
"description": "성장 가속 + 물가 상승 — 원자재·EM 주식·TIPS 유리, 명목채 불리"
},
"computedAt": "2026-07-15T23:03:03.484687+00:00"
}