Regime: sideways. SPY trailing return: -0.1%, annualized vol: 13.1%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=508.53, end=507.97, trailing_return=-0.11%
Annualized volatility: 13.05%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.0620, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.0400, t10y3m_spread=-1.3800, breakeven_10y=2.1100, hy_oas=3.5700, ig_oas=1.0700, ted_spread=0.0900, mortgage_30y=6.7300, vix=27.8500

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: -0.11%
  Annualized volatility: 13.05%
  Macro: fed_funds=5.3300, vix=27.9
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +8.0%, annualized vol: 11.6%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=498.01, trailing_return=+7.99%
Annualized volatility: 11.63%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=312.3450, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.3900, t10y3m_spread=-1.3700, breakeven_10y=2.2800, hy_oas=3.2600, ig_oas=0.9900, ted_spread=0.0900, mortgage_30y=6.8800, vix=14.7400

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +7.99%
  Annualized volatility: 11.63%
  Macro: fed_funds=5.3300, vix=14.7
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +4.1%, annualized vol: 11.7%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=488.56, end=508.47, trailing_return=+4.07%
Annualized volatility: 11.70%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.1750, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.3700, t10y3m_spread=-0.9700, breakeven_10y=2.3400, hy_oas=3.1200, ig_oas=0.8900, ted_spread=0.0900, mortgage_30y=7.0900, vix=12.5500

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +4.07%
  Annualized volatility: 11.70%
  Macro: fed_funds=5.3300, vix=12.6
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +3.6%, annualized vol: 11.2%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=499.11, end=516.86, trailing_return=+3.56%
Annualized volatility: 11.21%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.1750, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.4700, t10y3m_spread=-1.0000, breakeven_10y=2.3200, hy_oas=3.1100, ig_oas=0.8900, ted_spread=0.0900, mortgage_30y=6.9400, vix=11.9300

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +3.56%
  Annualized volatility: 11.21%
  Macro: fed_funds=5.3300, vix=11.9
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +3.6%, annualized vol: 11.7%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=471.87, end=488.66, trailing_return=+3.56%
Annualized volatility: 11.69%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.0230, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.3400, t10y3m_spread=-0.8600, breakeven_10y=2.3900, hy_oas=3.4200, ig_oas=0.9500, ted_spread=0.0900, mortgage_30y=6.8800, vix=18.2100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +3.56%
  Annualized volatility: 11.69%
  Macro: fed_funds=5.3300, vix=18.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +8.0%, annualized vol: 14.7%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=530.83, end=573.05, trailing_return=+7.95%
Annualized volatility: 14.74%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1700, t10y3m_spread=-0.5200, breakeven_10y=2.3300, hy_oas=2.9200, ig_oas=0.8500, ted_spread=0.0900, mortgage_30y=6.4400, vix=18.2000

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +7.95%
  Annualized volatility: 14.74%
  Macro: fed_funds=4.8300, vix=18.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +9.4%, annualized vol: 11.3%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=539.60, end=590.08, trailing_return=+9.36%
Annualized volatility: 11.27%
Macro indicators: fed_funds_rate=4.5800, cpi_yoy=316.5280, unemployment=4.2000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.0900, t10y3m_spread=-0.3100, breakeven_10y=2.2800, hy_oas=2.6800, ig_oas=0.8100, ted_spread=0.0900, mortgage_30y=6.8400, vix=14.1000

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +9.36%
  Annualized volatility: 11.27%
  Macro: fed_funds=4.5800, vix=14.1
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +3.4%, annualized vol: 11.6%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=504.90, end=521.92, trailing_return=+3.37%
Annualized volatility: 11.56%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.0620, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.0800, t10y3m_spread=-1.4900, breakeven_10y=2.0400, hy_oas=3.7200, ig_oas=1.0600, ted_spread=0.0900, mortgage_30y=6.7300, vix=23.3900

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +3.37%
  Annualized volatility: 11.56%
  Macro: fed_funds=5.3300, vix=23.4
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +3.7%, annualized vol: 14.9%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=521.32, end=540.70, trailing_return=+3.72%
Annualized volatility: 14.94%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.7320, unemployment=4.1000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.0400, t10y3m_spread=-1.3500, breakeven_10y=2.1100, hy_oas=3.3100, ig_oas=0.9800, ted_spread=0.0900, mortgage_30y=6.3500, vix=20.7200

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +3.72%
  Annualized volatility: 14.94%
  Macro: fed_funds=5.3300, vix=20.7
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +2.4%, annualized vol: 15.9%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=545.01, end=557.82, trailing_return=+2.35%
Annualized volatility: 15.89%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1500, t10y3m_spread=-0.8300, breakeven_10y=2.2100, hy_oas=3.0400, ig_oas=0.9000, ted_spread=0.0900, mortgage_30y=6.1200, vix=20.4900

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +2.35%
  Annualized volatility: 15.89%
  Macro: fed_funds=4.8300, vix=20.5
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +5.1%, annualized vol: 12.0%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=557.82, end=586.50, trailing_return=+5.14%
Annualized volatility: 12.04%
Macro indicators: fed_funds_rate=4.3300, cpi_yoy=317.6040, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.3100, t10y3m_spread=0.3100, breakeven_10y=2.3400, hy_oas=2.8400, ig_oas=0.8100, ted_spread=0.0900, mortgage_30y=6.8500, vix=15.9500

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +5.14%
  Annualized volatility: 12.04%
  Macro: fed_funds=4.3300, vix=15.9
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +10.5%, annualized vol: 9.7%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=491.53, end=543.22, trailing_return=+10.52%
Annualized volatility: 9.68%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.2400, t10y3m_spread=-1.1700, breakeven_10y=2.3000, hy_oas=3.0500, ig_oas=0.9300, ted_spread=0.0900, mortgage_30y=6.7700, vix=14.9100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +10.52%
  Annualized volatility: 9.68%
  Macro: fed_funds=5.3300, vix=14.9
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +4.8%, annualized vol: 11.5%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=483.46, trailing_return=+4.83%
Annualized volatility: 11.49%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=310.9670, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.3200, t10y3m_spread=-1.1700, breakeven_10y=2.3200, hy_oas=3.3700, ig_oas=0.9600, ted_spread=0.0900, mortgage_30y=6.7700, vix=15.4200

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +4.83%
  Annualized volatility: 11.49%
  Macro: fed_funds=5.3300, vix=15.4
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +5.9%, annualized vol: 15.7%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=537.68, end=569.38, trailing_return=+5.90%
Annualized volatility: 15.73%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1300, t10y3m_spread=-0.6500, breakeven_10y=2.3300, hy_oas=2.9800, ig_oas=0.8400, ted_spread=0.0900, mortgage_30y=6.3200, vix=20.4600

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +5.90%
  Annualized volatility: 15.73%
  Macro: fed_funds=4.8300, vix=20.5
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +4.4%, annualized vol: 14.3%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=518.74, end=541.67, trailing_return=+4.42%
Annualized volatility: 14.31%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.0620, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.1600, t10y3m_spread=-1.4200, breakeven_10y=2.1200, hy_oas=3.3100, ig_oas=0.9800, ted_spread=0.0900, mortgage_30y=6.4900, vix=15.2300

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +4.42%
  Annualized volatility: 14.31%
  Macro: fed_funds=5.3300, vix=15.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +1.2%, annualized vol: 13.5%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=516.13, end=522.28, trailing_return=+1.19%
Annualized volatility: 13.50%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.0620, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.1100, t10y3m_spread=-1.4300, breakeven_10y=2.1100, hy_oas=3.5200, ig_oas=1.0500, ted_spread=0.0900, mortgage_30y=6.4700, vix=20.7100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +1.19%
  Annualized volatility: 13.50%
  Macro: fed_funds=5.3300, vix=20.7
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +6.5%, annualized vol: 10.0%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=559.64, end=596.11, trailing_return=+6.52%
Annualized volatility: 9.95%
Macro indicators: fed_funds_rate=4.5800, cpi_yoy=317.6040, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1400, t10y3m_spread=0.0200, breakeven_10y=2.3200, hy_oas=2.6900, ig_oas=0.7800, ted_spread=0.0900, mortgage_30y=6.6000, vix=14.6900

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +6.52%
  Annualized volatility: 9.95%
  Macro: fed_funds=4.5800, vix=14.7
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: bull. SPY trailing return: +10.0%, annualized vol: 11.1%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=507.42, trailing_return=+10.02%
Annualized volatility: 11.07%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=312.3450, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.2900, t10y3m_spread=-1.2100, breakeven_10y=2.3300, hy_oas=3.1100, ig_oas=0.9200, ted_spread=0.0900, mortgage_30y=6.8700, vix=13.1900

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +10.02%
  Annualized volatility: 11.07%
  Macro: fed_funds=5.3300, vix=13.2
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +6.1%, annualized vol: 11.8%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=558.85, end=592.74, trailing_return=+6.07%
Annualized volatility: 11.80%
Macro indicators: fed_funds_rate=4.3300, cpi_yoy=317.6040, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.2800, t10y3m_spread=0.2300, breakeven_10y=2.3500, hy_oas=2.8600, ig_oas=0.8100, ted_spread=0.0900, mortgage_30y=6.8500, vix=14.7300

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +6.07%
  Annualized volatility: 11.80%
  Macro: fed_funds=4.3300, vix=14.7
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +7.6%, annualized vol: 10.8%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=490.05, end=527.31, trailing_return=+7.60%
Annualized volatility: 10.81%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.1400, t10y3m_spread=-1.1200, breakeven_10y=2.2800, hy_oas=3.0800, ig_oas=0.9500, ted_spread=0.0900, mortgage_30y=6.7800, vix=18.4600

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +7.60%
  Annualized volatility: 10.81%
  Macro: fed_funds=5.3300, vix=18.5
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +4.4%, annualized vol: 10.8%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=510.74, end=533.29, trailing_return=+4.41%
Annualized volatility: 10.78%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.0440, unemployment=4.1000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.4500, t10y3m_spread=-1.2400, breakeven_10y=2.2300, hy_oas=3.2100, ig_oas=0.9600, ted_spread=0.0900, mortgage_30y=6.8700, vix=13.2000

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +4.41%
  Annualized volatility: 10.78%
  Macro: fed_funds=5.3300, vix=13.2
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +6.1%, annualized vol: 12.0%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=558.61, end=592.70, trailing_return=+6.10%
Annualized volatility: 11.98%
Macro indicators: fed_funds_rate=4.3300, cpi_yoy=317.6040, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.3000, t10y3m_spread=0.1900, breakeven_10y=2.3500, hy_oas=2.8600, ig_oas=0.8200, ted_spread=0.0900, mortgage_30y=6.7200, vix=14.2700

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +6.10%
  Annualized volatility: 11.98%
  Macro: fed_funds=4.3300, vix=14.3
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +8.8%, annualized vol: 10.3%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=547.57, end=595.98, trailing_return=+8.84%
Annualized volatility: 10.34%
Macro indicators: fed_funds_rate=4.5800, cpi_yoy=317.6040, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.0200, t10y3m_spread=-0.2900, breakeven_10y=2.2500, hy_oas=2.6600, ig_oas=0.8100, ted_spread=0.0900, mortgage_30y=6.6900, vix=13.5400

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +8.84%
  Annualized volatility: 10.34%
  Macro: fed_funds=4.5800, vix=13.5
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +3.0%, annualized vol: 15.6%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=533.60, end=549.83, trailing_return=+3.04%
Annualized volatility: 15.61%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.7320, unemployment=4.1000, gdp_growth_qoq=23478.5700, t10y2y_spread=0.0900, t10y3m_spread=-1.1400, breakeven_10y=2.1200, hy_oas=3.2100, ig_oas=0.9500, ted_spread=0.0900, mortgage_30y=6.2000, vix=18.2300

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +3.04%
  Annualized volatility: 15.61%
  Macro: fed_funds=5.3300, vix=18.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +12.2%, annualized vol: 9.3%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=488.66, end=548.45, trailing_return=+12.24%
Annualized volatility: 9.33%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.2700, t10y3m_spread=-1.2500, breakeven_10y=2.2400, hy_oas=3.1900, ig_oas=0.9200, ted_spread=0.0900, mortgage_30y=6.8900, vix=12.4600

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +12.24%
  Annualized volatility: 9.33%
  Macro: fed_funds=5.3300, vix=12.5
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: bull. SPY trailing return: +4.6%, annualized vol: 11.6%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=486.13, end=508.53, trailing_return=+4.61%
Annualized volatility: 11.63%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.1750, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.3700, t10y3m_spread=-0.9700, breakeven_10y=2.3300, hy_oas=3.1400, ig_oas=0.9000, ted_spread=0.0900, mortgage_30y=7.0900, vix=13.6000

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +4.61%
  Annualized volatility: 11.63%
  Macro: fed_funds=5.3300, vix=13.6
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +5.2%, annualized vol: 12.3%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=549.23, end=577.80, trailing_return=+5.20%
Annualized volatility: 12.28%
Macro indicators: fed_funds_rate=4.5800, cpi_yoy=316.5280, unemployment=4.2000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1300, t10y3m_spread=-0.2100, breakeven_10y=2.3400, hy_oas=2.7200, ig_oas=0.8000, ted_spread=0.0900, mortgage_30y=6.7800, vix=15.5800

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +5.20%
  Annualized volatility: 12.28%
  Macro: fed_funds=4.5800, vix=15.6
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +6.3%, annualized vol: 10.3%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=499.14, end=530.83, trailing_return=+6.35%
Annualized volatility: 10.32%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.2000, t10y3m_spread=-1.2500, breakeven_10y=2.2500, hy_oas=3.2000, ig_oas=0.9600, ted_spread=0.0900, mortgage_30y=6.7800, vix=17.6900

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +6.35%
  Annualized volatility: 10.32%
  Macro: fed_funds=5.3300, vix=17.7
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +4.7%, annualized vol: 10.8%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=500.68, end=524.19, trailing_return=+4.70%
Annualized volatility: 10.83%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.0440, unemployment=4.1000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.4200, t10y3m_spread=-1.1300, breakeven_10y=2.2700, hy_oas=3.1900, ig_oas=0.9100, ted_spread=0.0900, mortgage_30y=6.9900, vix=12.8500

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +4.70%
  Annualized volatility: 10.83%
  Macro: fed_funds=5.3300, vix=12.9
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +9.8%, annualized vol: 10.8%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=461.89, end=507.07, trailing_return=+9.78%
Annualized volatility: 10.82%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.0230, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.3200, t10y3m_spread=-1.0600, breakeven_10y=2.3600, hy_oas=3.2300, ig_oas=0.9200, ted_spread=0.0900, mortgage_30y=6.7900, vix=14.3300

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +9.78%
  Annualized volatility: 10.82%
  Macro: fed_funds=5.3300, vix=14.3
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +2.6%, annualized vol: 16.0%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=544.36, end=558.61, trailing_return=+2.62%
Annualized volatility: 16.00%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1300, t10y3m_spread=-0.9700, breakeven_10y=2.1900, hy_oas=3.0700, ig_oas=0.9200, ted_spread=0.0900, mortgage_30y=6.0800, vix=19.2600

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +2.62%
  Annualized volatility: 16.00%
  Macro: fed_funds=4.8300, vix=19.3
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +7.0%, annualized vol: 10.5%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=504.30, end=539.46, trailing_return=+6.97%
Annualized volatility: 10.53%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.2000, t10y3m_spread=-1.3200, breakeven_10y=2.2400, hy_oas=3.2500, ig_oas=0.9700, ted_spread=0.0900, mortgage_30y=6.7800, vix=16.3600

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +6.97%
  Annualized volatility: 10.53%
  Macro: fed_funds=5.3300, vix=16.4
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +5.1%, annualized vol: 15.9%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=534.10, end=561.24, trailing_return=+5.08%
Annualized volatility: 15.94%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=314.7320, unemployment=4.1000, gdp_growth_qoq=23478.5700, t10y2y_spread=0.2500, t10y3m_spread=-0.9500, breakeven_10y=2.1900, hy_oas=3.2100, ig_oas=0.9200, ted_spread=0.0900, mortgage_30y=6.0900, vix=15.3900

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +5.08%
  Annualized volatility: 15.94%
  Macro: fed_funds=4.8300, vix=15.4
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +5.0%, annualized vol: 15.7%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=542.37, end=569.57, trailing_return=+5.02%
Annualized volatility: 15.71%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.0800, t10y3m_spread=-0.7000, breakeven_10y=2.2800, hy_oas=2.9300, ig_oas=0.8300, ted_spread=0.0900, mortgage_30y=6.3200, vix=20.6400

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +5.02%
  Annualized volatility: 15.71%
  Macro: fed_funds=4.8300, vix=20.6
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +6.8%, annualized vol: 11.7%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=492.70, trailing_return=+6.83%
Annualized volatility: 11.71%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=310.9670, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.3700, t10y3m_spread=-1.1800, breakeven_10y=2.3300, hy_oas=3.3100, ig_oas=0.9800, ted_spread=0.0900, mortgage_30y=6.9000, vix=13.8400

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +6.83%
  Annualized volatility: 11.71%
  Macro: fed_funds=5.3300, vix=13.8
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +4.5%, annualized vol: 11.6%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=470.50, end=491.57, trailing_return=+4.48%
Annualized volatility: 11.62%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.0230, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.3000, t10y3m_spread=-0.7800, breakeven_10y=2.4300, hy_oas=3.3600, ig_oas=0.9500, ted_spread=0.0900, mortgage_30y=6.8800, vix=18.4000

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +4.48%
  Annualized volatility: 11.62%
  Macro: fed_funds=5.3300, vix=18.4
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +7.9%, annualized vol: 15.7%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=530.08, end=572.05, trailing_return=+7.92%
Annualized volatility: 15.72%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.0900, t10y3m_spread=-0.7000, breakeven_10y=2.2700, hy_oas=2.9000, ig_oas=0.8300, ted_spread=0.0900, mortgage_30y=6.3200, vix=19.5800

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +7.92%
  Annualized volatility: 15.72%
  Macro: fed_funds=4.8300, vix=19.6
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +10.4%, annualized vol: 10.4%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=537.48, end=593.28, trailing_return=+10.38%
Annualized volatility: 10.45%
Macro indicators: fed_funds_rate=4.5800, cpi_yoy=317.6040, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.0600, t10y3m_spread=-0.2600, breakeven_10y=2.2800, hy_oas=2.6600, ig_oas=0.8000, ted_spread=0.0900, mortgage_30y=6.8100, vix=13.3000

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +10.38%
  Annualized volatility: 10.45%
  Macro: fed_funds=4.5800, vix=13.3
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +9.8%, annualized vol: 10.8%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=506.51, trailing_return=+9.83%
Annualized volatility: 10.82%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.0230, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.3400, t10y3m_spread=-1.0600, breakeven_10y=2.3600, hy_oas=3.2300, ig_oas=0.9300, ted_spread=0.0900, mortgage_30y=6.7900, vix=14.6100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +9.83%
  Annualized volatility: 10.82%
  Macro: fed_funds=5.3300, vix=14.6
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +8.2%, annualized vol: 10.4%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=493.03, end=533.53, trailing_return=+8.21%
Annualized volatility: 10.37%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.1900, t10y3m_spread=-1.2400, breakeven_10y=2.2500, hy_oas=3.1300, ig_oas=0.9500, ted_spread=0.0900, mortgage_30y=6.7800, vix=16.6000

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +8.21%
  Annualized volatility: 10.37%
  Macro: fed_funds=5.3300, vix=16.6
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +9.2%, annualized vol: 9.9%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=498.71, end=544.36, trailing_return=+9.15%
Annualized volatility: 9.89%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.3200, t10y3m_spread=-1.1600, breakeven_10y=2.2600, hy_oas=3.2100, ig_oas=0.9200, ted_spread=0.0900, mortgage_30y=6.9500, vix=12.5100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +9.15%
  Annualized volatility: 9.89%
  Macro: fed_funds=5.3300, vix=12.5
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +7.5%, annualized vol: 14.7%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=533.53, end=573.36, trailing_return=+7.46%
Annualized volatility: 14.74%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1700, t10y3m_spread=-0.5400, breakeven_10y=2.3100, hy_oas=2.8800, ig_oas=0.8500, ted_spread=0.0900, mortgage_30y=6.4400, vix=18.3700

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +7.46%
  Annualized volatility: 14.74%
  Macro: fed_funds=4.8300, vix=18.4
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +9.2%, annualized vol: 11.3%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=503.46, trailing_return=+9.17%
Annualized volatility: 11.29%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=312.3450, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.3800, t10y3m_spread=-1.1800, breakeven_10y=2.3000, hy_oas=3.1000, ig_oas=0.9200, ted_spread=0.0900, mortgage_30y=6.7400, vix=13.8200

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +9.17%
  Annualized volatility: 11.29%
  Macro: fed_funds=5.3300, vix=13.8
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +6.8%, annualized vol: 12.0%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=492.44, trailing_return=+6.78%
Annualized volatility: 12.01%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=310.9670, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.4100, t10y3m_spread=-1.1900, breakeven_10y=2.3100, hy_oas=3.2300, ig_oas=0.9600, ted_spread=0.0900, mortgage_30y=6.9000, vix=13.7400

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +6.78%
  Annualized volatility: 12.01%
  Macro: fed_funds=5.3300, vix=13.7
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +7.9%, annualized vol: 11.5%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=497.59, trailing_return=+7.89%
Annualized volatility: 11.52%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=312.3450, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.4100, t10y3m_spread=-1.3800, breakeven_10y=2.2700, hy_oas=3.2600, ig_oas=0.9800, ted_spread=0.0900, mortgage_30y=6.8800, vix=15.2200

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +7.89%
  Annualized volatility: 11.52%
  Macro: fed_funds=5.3300, vix=15.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +2.6%, annualized vol: 15.9%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=548.45, end=562.89, trailing_return=+2.63%
Annualized volatility: 15.88%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.0500, t10y3m_spread=-0.7500, breakeven_10y=2.2300, hy_oas=2.8900, ig_oas=0.8700, ted_spread=0.0900, mortgage_30y=6.1200, vix=19.2100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +2.63%
  Annualized volatility: 15.88%
  Macro: fed_funds=4.8300, vix=19.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +5.5%, annualized vol: 10.6%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=507.07, end=535.11, trailing_return=+5.53%
Annualized volatility: 10.60%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.0440, unemployment=4.1000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.4100, t10y3m_spread=-1.2000, breakeven_10y=2.2600, hy_oas=3.2100, ig_oas=0.9600, ted_spread=0.0900, mortgage_30y=6.8600, vix=12.2400

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +5.53%
  Annualized volatility: 10.60%
  Macro: fed_funds=5.3300, vix=12.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +5.0%, annualized vol: 11.0%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=492.70, end=517.24, trailing_return=+4.98%
Annualized volatility: 11.04%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.1750, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.4300, t10y3m_spread=-1.0200, breakeven_10y=2.3300, hy_oas=3.1100, ig_oas=0.8900, ted_spread=0.0900, mortgage_30y=7.0200, vix=12.2900

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +4.98%
  Annualized volatility: 11.04%
  Macro: fed_funds=5.3300, vix=12.3
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +1.4%, annualized vol: 16.0%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=549.96, end=557.80, trailing_return=+1.43%
Annualized volatility: 15.95%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.0400, t10y3m_spread=-0.7400, breakeven_10y=2.2700, hy_oas=2.9500, ig_oas=0.8600, ted_spread=0.0900, mortgage_30y=6.1200, vix=22.6400

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +1.43%
  Annualized volatility: 15.95%
  Macro: fed_funds=4.8300, vix=22.6
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +10.7%, annualized vol: 10.9%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=510.64, trailing_return=+10.72%
Annualized volatility: 10.91%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=312.3450, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.3900, t10y3m_spread=-1.2600, breakeven_10y=2.3200, hy_oas=3.1500, ig_oas=0.9400, ted_spread=0.0900, mortgage_30y=6.7900, vix=13.0100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +10.72%
  Annualized volatility: 10.91%
  Macro: fed_funds=5.3300, vix=13.0
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: bull. SPY trailing return: +5.8%, annualized vol: 10.0%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=561.24, end=593.65, trailing_return=+5.77%
Annualized volatility: 10.00%
Macro indicators: fed_funds_rate=4.5800, cpi_yoy=317.6040, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1500, t10y3m_spread=0.0200, breakeven_10y=2.3100, hy_oas=2.7500, ig_oas=0.7900, ted_spread=0.0900, mortgage_30y=6.6000, vix=15.8700

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +5.77%
  Annualized volatility: 10.00%
  Macro: fed_funds=4.5800, vix=15.9
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: bull. SPY trailing return: +10.5%, annualized vol: 10.7%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=509.75, trailing_return=+10.53%
Annualized volatility: 10.73%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.0230, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.3900, t10y3m_spread=-1.1100, breakeven_10y=2.3500, hy_oas=3.1200, ig_oas=0.9300, ted_spread=0.0900, mortgage_30y=6.7900, vix=13.6500

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +10.53%
  Annualized volatility: 10.73%
  Macro: fed_funds=5.3300, vix=13.6
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +3.8%, annualized vol: 11.8%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=561.41, end=582.70, trailing_return=+3.79%
Annualized volatility: 11.76%
Macro indicators: fed_funds_rate=4.3300, cpi_yoy=317.6040, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.2200, t10y3m_spread=0.1800, breakeven_10y=2.2900, hy_oas=2.8600, ig_oas=0.8200, ted_spread=0.0900, mortgage_30y=6.7200, vix=18.3600

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +3.79%
  Annualized volatility: 11.76%
  Macro: fed_funds=4.3300, vix=18.4
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +7.2%, annualized vol: 12.1%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=522.28, end=559.78, trailing_return=+7.18%
Annualized volatility: 12.12%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=316.5280, unemployment=4.2000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1400, t10y3m_spread=-0.3400, breakeven_10y=2.2800, hy_oas=2.8700, ig_oas=0.8600, ted_spread=0.0900, mortgage_30y=6.7200, vix=21.9800

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +7.18%
  Annualized volatility: 12.12%
  Macro: fed_funds=4.8300, vix=22.0
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +2.3%, annualized vol: 15.6%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=535.46, end=547.57, trailing_return=+2.26%
Annualized volatility: 15.60%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.7320, unemployment=4.1000, gdp_growth_qoq=23478.5700, t10y2y_spread=0.0400, t10y3m_spread=-1.3800, breakeven_10y=2.0500, hy_oas=3.3900, ig_oas=0.9900, ted_spread=0.0900, mortgage_30y=6.2000, vix=17.0700

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +2.26%
  Annualized volatility: 15.60%
  Macro: fed_funds=5.3300, vix=17.1
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +3.4%, annualized vol: 15.6%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=533.29, end=551.24, trailing_return=+3.37%
Annualized volatility: 15.62%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.7320, unemployment=4.1000, gdp_growth_qoq=23478.5700, t10y2y_spread=0.0700, t10y3m_spread=-1.3300, breakeven_10y=2.0900, hy_oas=3.3200, ig_oas=0.9800, ted_spread=0.0900, mortgage_30y=6.2000, vix=17.1400

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +3.37%
  Annualized volatility: 15.62%
  Macro: fed_funds=5.3300, vix=17.1
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +5.4%, annualized vol: 12.3%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=549.99, end=579.91, trailing_return=+5.44%
Annualized volatility: 12.28%
Macro indicators: fed_funds_rate=4.5800, cpi_yoy=316.5280, unemployment=4.2000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1200, t10y3m_spread=-0.2300, breakeven_10y=2.3400, hy_oas=2.6900, ig_oas=0.8000, ted_spread=0.0900, mortgage_30y=6.7800, vix=16.3500

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +5.44%
  Annualized volatility: 12.28%
  Macro: fed_funds=4.5800, vix=16.4
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +11.9%, annualized vol: 11.3%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=529.22, end=591.94, trailing_return=+11.85%
Annualized volatility: 11.30%
Macro indicators: fed_funds_rate=4.5800, cpi_yoy=317.6040, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.0500, t10y3m_spread=-0.4000, breakeven_10y=2.2600, hy_oas=2.7400, ig_oas=0.8300, ted_spread=0.0900, mortgage_30y=6.8100, vix=13.5100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +11.85%
  Annualized volatility: 11.30%
  Macro: fed_funds=4.5800, vix=13.5
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: bull. SPY trailing return: +10.7%, annualized vol: 10.9%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=510.64, trailing_return=+10.72%
Annualized volatility: 10.91%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=312.3450, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.3900, t10y3m_spread=-1.2600, breakeven_10y=2.3200, hy_oas=3.1200, ig_oas=0.9300, ted_spread=0.0900, mortgage_30y=6.7900, vix=13.0100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease


Regime: sideways. SPY trailing return: +6.2%, annualized vol: 10.2%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=506.40, end=537.70, trailing_return=+6.18%
Annualized volatility: 10.18%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.3100, t10y3m_spread=-1.0400, breakeven_10y=2.3000, hy_oas=3.2300, ig_oas=0.9300, ted_spread=0.0900, mortgage_30y=6.8600, vix=12.0300

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +6.18%
  Annualized volatility: 10.18%
  Macro: fed_funds=5.3300, vix=12.0
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +5.1%, annualized vol: 11.0%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=493.35, end=518.74, trailing_return=+5.14%
Annualized volatility: 11.02%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.1750, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.4100, t10y3m_spread=-1.0400, breakeven_10y=2.3200, hy_oas=3.0700, ig_oas=0.8900, ted_spread=0.0900, mortgage_30y=7.0200, vix=11.8600

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +5.14%
  Annualized volatility: 11.02%
  Macro: fed_funds=5.3300, vix=11.9
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +3.5%, annualized vol: 12.2%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=487.56, end=504.85, trailing_return=+3.55%
Annualized volatility: 12.15%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.1750, unemployment=3.9000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.3500, t10y3m_spread=-0.9800, breakeven_10y=2.3200, hy_oas=3.0600, ig_oas=0.8800, ted_spread=0.0900, mortgage_30y=7.2200, vix=13.2300

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +3.55%
  Annualized volatility: 12.15%
  Macro: fed_funds=5.3300, vix=13.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +7.5%, annualized vol: 12.8%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=519.71, end=558.63, trailing_return=+7.49%
Annualized volatility: 12.75%
Macro indicators: fed_funds_rate=4.8300, cpi_yoy=315.6310, unemployment=4.1000, gdp_growth_qoq=23586.5420, t10y2y_spread=0.1200, t10y3m_spread=-0.3600, breakeven_10y=2.3300, hy_oas=2.8800, ig_oas=0.8600, ted_spread=0.0900, mortgage_30y=6.7200, vix=23.1600

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +7.49%
  Annualized volatility: 12.75%
  Macro: fed_funds=4.8300, vix=23.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +6.7%, annualized vol: 14.4%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=513.46, end=548.08, trailing_return=+6.74%
Annualized volatility: 14.40%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.0620, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.2000, t10y3m_spread=-1.4500, breakeven_10y=2.0700, hy_oas=3.2100, ig_oas=0.9700, ted_spread=0.0900, mortgage_30y=6.4900, vix=14.6500

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +6.74%
  Annualized volatility: 14.40%
  Macro: fed_funds=5.3300, vix=14.6
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +3.5%, annualized vol: 11.0%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=498.01, end=515.26, trailing_return=+3.46%
Annualized volatility: 10.99%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.0440, unemployment=4.1000, gdp_growth_qoq=23286.5080, t10y2y_spread=-0.4100, t10y3m_spread=-1.1100, breakeven_10y=2.3300, hy_oas=3.1700, ig_oas=0.8800, ted_spread=0.0900, mortgage_30y=7.0300, vix=13.1100

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +3.46%
  Annualized volatility: 10.99%
  Macro: fed_funds=5.3300, vix=13.1
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +9.8%, annualized vol: 11.0%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=461.19, end=506.48, trailing_return=+9.82%
Annualized volatility: 11.00%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=312.3450, unemployment=3.9000, gdp_growth_qoq=23082.1190, t10y2y_spread=-0.3200, t10y3m_spread=-1.2200, breakeven_10y=2.3200, hy_oas=3.1500, ig_oas=0.9300, ted_spread=0.0900, mortgage_30y=6.8700, vix=13.2400

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +9.82%
  Annualized volatility: 11.00%
  Macro: fed_funds=5.3300, vix=13.2
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +6.2%, annualized vol: 14.3%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=517.22, end=549.07, trailing_return=+6.16%
Annualized volatility: 14.27%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.0620, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.1300, t10y3m_spread=-1.4700, breakeven_10y=2.0700, hy_oas=3.2700, ig_oas=0.9800, ted_spread=0.0900, mortgage_30y=6.4900, vix=16.2700

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +6.16%
  Annualized volatility: 14.27%
  Macro: fed_funds=5.3300, vix=16.3
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +9.3%, annualized vol: 9.6%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=496.18, end=542.37, trailing_return=+9.31%
Annualized volatility: 9.64%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.1500, t10y3m_spread=-1.1600, breakeven_10y=2.2900, hy_oas=3.0200, ig_oas=0.9300, ted_spread=0.0900, mortgage_30y=6.7700, vix=14.7200

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +9.31%
  Annualized volatility: 9.64%
  Macro: fed_funds=5.3300, vix=14.7
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: bull. SPY trailing return: +7.9%, annualized vol: 14.4%. Allocation: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease.

Question:
Market indicator: SPY
Price history (60 days): start=510.19, end=550.54, trailing_return=+7.91%
Annualized volatility: 14.42%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.0620, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.0900, t10y3m_spread=-1.4400, breakeven_10y=2.1300, hy_oas=3.1900, ig_oas=0.9600, ted_spread=0.0900, mortgage_30y=6.4600, vix=15.8600

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: bull; Allocations: equities: increase, bonds: decrease, commodities: neutral, real_estate: increase, cryptocurrency: increase, cash: decrease

Explanation:
Regime classification:
  Trailing 60-day return: +7.91%
  Annualized volatility: 14.42%
  Macro: fed_funds=5.3300, vix=15.9
  → Regime: bull

Allocation rationale for bull regime:
  Equities: increase (risk-on)
  Bonds: decrease ()
  Commodities: neutral ()
  Real_Estate: increase (risk-on)
  Cryptocurrency: increase (risk-on)
  Cash: decrease ()


Regime: sideways. SPY trailing return: +0.9%, annualized vol: 13.7%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=517.19, end=522.01, trailing_return=+0.93%
Annualized volatility: 13.73%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=314.0620, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.1100, t10y3m_spread=-1.3900, breakeven_10y=2.1000, hy_oas=3.4900, ig_oas=1.0500, ted_spread=0.0900, mortgage_30y=6.4700, vix=20.3700

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +0.93%
  Annualized volatility: 13.73%
  Macro: fed_funds=5.3300, vix=20.4
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +9.0%, annualized vol: 9.5%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=493.40, end=537.68, trailing_return=+8.97%
Annualized volatility: 9.52%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.2400, t10y3m_spread=-1.1800, breakeven_10y=2.3200, hy_oas=3.0900, ig_oas=0.9300, ted_spread=0.0900, mortgage_30y=6.7700, vix=16.5200

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +8.97%
  Annualized volatility: 9.52%
  Macro: fed_funds=5.3300, vix=16.5
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)


Regime: sideways. SPY trailing return: +11.8%, annualized vol: 9.5%. Allocation: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase.

Question:
Market indicator: SPY
Price history (60 days): start=487.85, end=545.46, trailing_return=+11.81%
Annualized volatility: 9.52%
Macro indicators: fed_funds_rate=5.3300, cpi_yoy=313.5690, unemployment=4.2000, gdp_growth_qoq=23478.5700, t10y2y_spread=-0.2600, t10y3m_spread=-1.2700, breakeven_10y=2.2600, hy_oas=3.0900, ig_oas=0.9300, ted_spread=0.0900, mortgage_30y=6.8900, vix=14.4800

Part A: Identify the current market regime. Choose from: bull, bear, sideways, crisis.

Part B: For each of the six asset classes (Equities, Bonds, Commodities, Real Estate, Cryptocurrency, Cash), recommend whether to increase, decrease, or maintain the current allocation.

Answer: Regime: sideways; Allocations: equities: neutral, bonds: neutral, commodities: neutral, real_estate: neutral, cryptocurrency: decrease, cash: increase

Explanation:
Regime classification:
  Trailing 60-day return: +11.81%
  Annualized volatility: 9.52%
  Macro: fed_funds=5.3300, vix=14.5
  → Regime: sideways

Allocation rationale for sideways regime:
  Equities: neutral ()
  Bonds: neutral ()
  Commodities: neutral ()
  Real_Estate: neutral ()
  Cryptocurrency: decrease ()
  Cash: increase (defensive)