{"action":"Conditions are tightening. Commit to what protects income you have; new bets wait for cheaper money.","stance":"Cloudy","postureWithStage":"Cloudy","regime":"DEFENSIVE","confidence":"HIGH","guardrail":"Funding pressure is above 76 or risk appetite falls below 44. Funding pressure is 90 now.","reversalTrigger":"Funding pressure falls 20 pts from 90 to 70 or below, or risk appetite falls 3 pts from 53 to 50 or below.","decisionShift":"Since Sep 30, the resume line is no longer met for Roadmap, because risk appetite fell below 54. Conditions change if: Funding pressure falls 20 pts from 90 to 70 or below, or risk appetite falls 3 pts from 53 to 50 or below.","revisitDecisions":true,"actionStripItems":[{"area":"Only replace people who leave, and hire for roles you can't deliver without","threshold":"Funding pressure is above 76 or risk appetite falls below 44. Funding pressure is 90 now.","reversal":"Funding pressure falls below 66 and risk appetite is above 54"},{"area":"Before you approve any optional spend, work out how long it takes to pay back","threshold":"Funding pressure is above 76. Funding pressure is 90 now.","reversal":"Funding pressure falls below 66 and the payback figures still hold"},{"area":"If you're planning to raise, get your materials ready now so you decide when to go out","threshold":"Risk appetite falls below 44 or funding pressure is above 76. Funding pressure is 90 now.","reversal":"Risk appetite is above 54 and funding pressure falls below 66"},{"area":"Keep the core roadmap on schedule, and ship what customers can use this quarter first","threshold":"Risk appetite falls below 44 or two weekly readings in a row come in weaker","reversal":"Risk appetite is above 54 and the weekly reading holds or improves"},{"area":"Keep only the experiments you can stop within a week, each with a review date","threshold":"Risk appetite falls below 44 or funding pressure is above 76. Funding pressure is 90 now.","reversal":"Risk appetite is above 54 and funding pressure falls below 66"}],"watchItems":["Funding pressure falls 20 pts from 90 to 70 or below, or risk appetite falls 3 pts from 53 to 50 or below."],"weeklyMemoLines":["Conditions tightened this week.","Commit to what protects income you have; new bets wait for cheaper money.","Conditions could change next week, so keep hiring, roadmap, and spend decisions reversible until the next live weekly refresh. Funding pressure is above 76 or risk appetite falls below 44. Funding pressure is 90 now."]}