{
"market": "US",
"phase": "slowdown",
"phaseLabel": "둔화",
"confidence": "medium",
"signals": [
"HY 스프레드 안정 (287bp)",
"수익률곡선 평탄화 (+0.45%)",
"VIX 상승 (20.7)",
"금 급등 (YoY +27.9%)",
"CPI 3.7% — 인플레 동반 확장"
],
"sectorStrategy": {
"defensive": "overweight",
"moderate": "neutral",
"high": "underweight",
"low": "neutral"
},
"transition": {
"from": "slowdown",
"to": "contraction",
"progress": 33,
"triggered": [
"gold_surging"
],
"pending": [
"vix_spiking",
"term_spread_inverted"
]
},
"quadrant": {
"quadrant": "reflation",
"quadrantLabel": "리플레이션",
"growth": "rising",
"growthSignal": 657323.0,
"inflation": "rising",
"inflationSignal": 25.52,
"assetImplication": {
"equity": "overweight",
"bond": "underweight",
"commodity": "overweight",
"gold": "neutral",
"tips": "overweight",
"cash": "underweight"
},
"confidence": "high",
"description": "성장 가속 + 물가 상승 — 원자재·EM 주식·TIPS 유리, 명목채 불리"
},
"computedAt": "2026-07-30T23:18:00.362395+00:00"
}