{
"version": "v19",
"asOf": "2026-06-18",
"kr": {
"market": "KR",
"phase": "recovery",
"phaseLabel": "회복",
"confidence": "high",
"signals": [
"CLI 급등 (+1.10)"
],
"sectorStrategy": {
"high": "overweight",
"moderate": "overweight",
"defensive": "neutral",
"low": "neutral"
},
"transition": null,
"quadrant": {
"quadrant": "stagflation",
"quadrantLabel": "스태그플레이션",
"growth": "falling",
"growthSignal": -20.0,
"inflation": "rising",
"inflationSignal": 0.94,
"assetImplication": {
"equity": "underweight",
"bond": "underweight",
"commodity": "overweight",
"gold": "overweight",
"tips": "overweight",
"cash": "overweight"
},
"confidence": "high",
"description": "성장 둔화 + 물가 상승 — 금·TIPS·현금 방어, 주식·채권 불리"
},
"computedAt": "2026-06-17T23:32:44.073462+00:00"
},
"us": {
"market": "US",
"phase": "slowdown",
"phaseLabel": "둔화",
"confidence": "medium",
"signals": [
"HY 스프레드 안정 (271bp)",
"수익률곡선 평탄화 (+0.29%)",
"금 급등 (YoY +37.3%)",
"CPI 4.3% — 물가 과열, 둔화 전조"
],
"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": 662678.0,
"inflation": "rising",
"inflationSignal": 26.71,
"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": "2026-06-17T23:32:44.175719+00:00"
},
"sectorTailwind": {
"automotive": {
"kr": 0.4,
"us": -0.3,
"blended": 0.12
},
"biotech": {
"kr": 0.0,
"us": 0.2,
"blended": 0.08
},
"chemicals": {
"kr": 0.3,
"us": -0.2,
"blended": 0.1
},
"construction": {
"kr": 0.5,
"us": -0.4,
"blended": 0.14
},
"display": {
"kr": 0.3,
"us": -0.2,
"blended": 0.1
},
"energy": {
"kr": 0.3,
"us": 0.1,
"blended": 0.22
},
"finance": {
"kr": 0.4,
"us": -0.1,
"blended": 0.2
},
"it_software": {
"kr": 0.4,
"us": 0.1,
"blended": 0.28
},
"retail": {
"kr": 0.3,
"us": -0.2,
"blended": 0.1
},
"semiconductor": {
"kr": 0.5,
"us": -0.2,
"blended": 0.22
},
"shipbuilding": {
"kr": 0.3,
"us": -0.1,
"blended": 0.14
},
"steel": {
"kr": 0.4,
"us": -0.3,
"blended": 0.12
}
}
}