{"version":"v1","generatedAt":"2026-10-28T08:17:20.078Z","recordDate":"2026-10-26","headline":"Cloudy (money is available but pricey), margin clear of the line, reading of 2026-10-26. Funding pressure 90 is 14 above its pause line of 76, so the pause applies; risk appetite 53 is 9 above its pause line of 44. The data is live and current.","freshness":{"fetchedAt":"2026-10-28T02:00:51.622Z","recordAgeDays":2,"live":true,"fallback":false,"nextCallDue":"2026-11-02T14:00:00.000Z"},"automation":{"ready":true,"refusal":null},"conditions":{"key":"DEFENSIVE","label":"Cloudy","meaning":"money is available but pricey"},"confidence":{"label":"HIGH","percent":69,"meaning":"The margin: how far the scores sit from the line where conditions change. It is not a probability. Pages print it as \"Margin\"."},"scores":{"tightness":{"label":"Funding pressure","value":90,"meaning":"money is hard to raise","pause":{"line":76,"distance":14,"side":"above","met":true},"resume":{"line":66,"distance":24,"side":"above","met":false},"change":{"line":70,"distance":20,"side":"above"},"previous":90,"delta":0,"perWeek":0,"moved":[]},"riskAppetite":{"label":"Risk appetite","value":53,"meaning":"investors are selective about risk","pause":{"line":44,"distance":9,"side":"above","met":false},"resume":{"line":54,"distance":1,"side":"below","met":false},"change":{"line":50,"distance":3,"side":"above"},"previous":56,"delta":-3,"perWeek":-0.8,"moved":[{"source":"curve","label":"the yield curve","points":-3}]}},"change":{"direction":"deteriorating","regimeChanged":false,"comparedWith":{"recordDate":"2026-09-30","label":"Sep 30"},"days":26,"note":null,"summary":"Since Sep 30, the resume line is no longer met for Roadmap, because risk appetite fell below 54.","crossed":[{"moved":"resumeLost","areas":["product-tempo"],"because":[{"score":"riskAppetite","line":54,"direction":"fell"}]}]},"guidance":{"call":"Conditions are tightening. Commit to what protects income you have; new bets wait for cheaper money.","doNow":["Fixing pricing and simplifying your plans","Keeping the customers you have","Using fewer vendors"],"avoidNow":["New market expansion","Low-margin tiers","Speculative R&D"],"flipConditions":["Funding pressure at or below 70","Risk appetite at or below 50"]},"scoringBasis":{"key":"record","label":"Scored on the record's inputs","warning":"Startup-market inputs would put risk appetite at 42, below its change line.","notCounted":[{"score":"riskAppetite","inputs":"startup-market inputs","value":42,"published":53,"line":"its change line"}]},"use":{"summary":"Informational only. Not investment, legal, tax or employment advice, and not a forecast.","humanReview":"Not for use as the sole or determinative basis for decisions affecting individuals (hiring, termination, compensation, promotion). Human review is required.","policy":"https://whether.work/acceptable-use-policy"},"links":{"brief":"https://whether.work/brief.md","full":"https://whether.work/api/agent?cadence=weekly","trust":"https://whether.work/trust"}}