{"code":"us.equity.spx","node":{"code":"us.equity.spx","name":"S&P 500","plain":"US stock market","unit":"index","freq":"D","kind":"fetched","source":{"publisher":"FRED, Federal Reserve Bank of St. Louis","url":"https://fred.stlouisfed.org/series/SP500","keyShown":"SP500"},"last":{"date":20260923,"value":7706.03,"ingestedAt":1790269399}},"consumers":{"gauges":[{"key":"risk_appetite","label":"Appetite for risk","weight":30,"sign":1,"transform":"vs_200d"}],"indicators":[{"key":"stock_bond_correlation","plainName":"Whether bonds are diversifying shares","role":"input","formula":"60-observation Pearson correlation of daily S&P 500 returns and a DGS10 bond proxy, where bond r ≈ −7 × Δyield + yield ÷ 252"}],"tripwires":[],"positions":[{"slug":"own-america","title":"Own America, but no more than the world already gives you","test":"S&P 500 versus its 200-day average"}]}}