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        "1mo": {
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      },
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        "1wk": {
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        "1mo": {
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      },
      "NFP": {
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      "PCE": {
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        "1mo": {
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      },
      "PPI": {
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      },
      "RETAIL_SALES": {
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        "1wk": {
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        "1mo": {
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      },
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        "1wk": {
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        "2wk": {
          "n": 26,
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        "1mo": {
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      },
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        "1wk": {
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        "2wk": {
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        "1mo": {
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      },
      "NFP": {
        "1d": {
          "n": 78,
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        },
        "1wk": {
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        },
        "2wk": {
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        "1mo": {
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      },
      "PCE": {
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        "1wk": {
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        "2wk": {
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        "1mo": {
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      },
      "PPI": {
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        "1wk": {
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        "2wk": {
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        "1mo": {
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          "t": 1.94
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      },
      "RETAIL_SALES": {
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          "n": 76,
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        "1wk": {
          "n": 75,
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          "t": -0.24
        },
        "2wk": {
          "n": 75,
          "mean": -0.037,
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          "t": -0.09
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        "1mo": {
          "n": 75,
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      }
    }
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        "2wk": {
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        "1mo": {
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      },
      "hawkish": {
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          "n": 180,
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        "1wk": {
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          "mean": 0.146,
          "wr": 57.2,
          "t": 1.03
        },
        "2wk": {
          "n": 180,
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          "wr": 58.3,
          "t": 2.13
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        "1mo": {
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          "t": 1.73
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      },
      "neutral": {
        "1d": {
          "n": 869,
          "mean": 0.05,
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        "1wk": {
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          "mean": 0.248,
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        "2wk": {
          "n": 869,
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        "1mo": {
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          "mean": 0.908,
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          "t": 7.49
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      }
    },
    "OOS": {
      "dovish": {
        "1d": {
          "n": 201,
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        },
        "1wk": {
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        },
        "2wk": {
          "n": 201,
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          "wr": 70.6,
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        },
        "1mo": {
          "n": 197,
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      },
      "hawkish": {
        "1d": {
          "n": 225,
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          "t": -1.41
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        "1wk": {
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          "mean": 0.224,
          "wr": 57.7,
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        },
        "2wk": {
          "n": 221,
          "mean": 0.428,
          "wr": 62.0,
          "t": 1.97
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        "1mo": {
          "n": 221,
          "mean": 0.85,
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          "t": 2.62
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      },
      "neutral": {
        "1d": {
          "n": 391,
          "mean": 0.145,
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        "1wk": {
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          "mean": 0.33,
          "wr": 59.8,
          "t": 2.48
        },
        "2wk": {
          "n": 389,
          "mean": 0.447,
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          "t": 2.39
        },
        "1mo": {
          "n": 388,
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          "t": 5.37
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      }
    }
  },
  "test2b_ic": {
    "1d": {
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      "IS_t": -1.25,
      "IS_n": 1225,
      "OOS_IC": -0.1165,
      "OOS_t": -3.35,
      "OOS_n": 817
    },
    "1wk": {
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      "IS_t": -0.8,
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      "OOS_IC": -0.0621,
      "OOS_t": -1.77,
      "OOS_n": 814
    },
    "2wk": {
      "IS_IC": 0.0012,
      "IS_t": 0.04,
      "IS_n": 1225,
      "OOS_IC": -0.0775,
      "OOS_t": -2.21,
      "OOS_n": 811
    },
    "1mo": {
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      "IS_t": -0.67,
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      "OOS_IC": -0.0663,
      "OOS_t": -1.88,
      "OOS_n": 806
    }
  },
  "test3_magnitude_ic": {
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      "OOS_IC": 0.0438
    },
    "1wk": {
      "IS_IC": 0.0644,
      "OOS_IC": -0.0026
    },
    "2wk": {
      "IS_IC": 0.0585,
      "OOS_IC": 0.0482
    },
    "1mo": {
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      "OOS_IC": 0.1059
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  },
  "test4_cpi": {
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          "mean": -0.338,
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          "t": -0.92
        },
        "hawkish_1wk": {
          "n": 14,
          "mean": 0.46,
          "wr": 50.0,
          "t": 0.86
        },
        "hawkish_2wk": {
          "n": 14,
          "mean": 0.922,
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          "t": 1.76
        },
        "hawkish_1mo": {
          "n": 14,
          "mean": 1.885,
          "wr": 71.4,
          "t": 2.39
        },
        "dovish_1d": {
          "n": 12,
          "mean": 0.234,
          "wr": 75.0,
          "t": 1.21
        },
        "dovish_1wk": {
          "n": 12,
          "mean": 0.08,
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        },
        "dovish_2wk": {
          "n": 12,
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        },
        "dovish_1mo": {
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        },
        "neutral_1d": {
          "n": 79,
          "mean": 0.116,
          "wr": 59.5,
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        },
        "neutral_1wk": {
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          "mean": 0.509,
          "wr": 69.6,
          "t": 2.68
        },
        "neutral_2wk": {
          "n": 79,
          "mean": 0.383,
          "wr": 68.4,
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        },
        "neutral_1mo": {
          "n": 79,
          "mean": 1.136,
          "wr": 73.4,
          "t": 3.0
        },
        "reversal_ic": -0.099,
        "reversal_t": -1.01
      },
      "OOS": {
        "hawkish_1d": {
          "n": 17,
          "mean": 0.071,
          "wr": 52.9,
          "t": 0.47
        },
        "hawkish_1wk": {
          "n": 17,
          "mean": 0.239,
          "wr": 64.7,
          "t": 0.41
        },
        "hawkish_2wk": {
          "n": 17,
          "mean": -0.024,
          "wr": 64.7,
          "t": -0.02
        },
        "hawkish_1mo": {
          "n": 17,
          "mean": 0.184,
          "wr": 64.7,
          "t": 0.12
        },
        "dovish_1d": {
          "n": 19,
          "mean": 0.468,
          "wr": 68.4,
          "t": 2.07
        },
        "dovish_1wk": {
          "n": 19,
          "mean": 0.733,
          "wr": 63.2,
          "t": 1.65
        },
        "dovish_2wk": {
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          "mean": 0.999,
          "wr": 68.4,
          "t": 1.86
        },
        "dovish_1mo": {
          "n": 19,
          "mean": 1.735,
          "wr": 73.7,
          "t": 1.6
        },
        "neutral_1d": {
          "n": 35,
          "mean": 0.444,
          "wr": 60.0,
          "t": 1.32
        },
        "neutral_1wk": {
          "n": 35,
          "mean": -0.25,
          "wr": 45.7,
          "t": -0.62
        },
        "neutral_2wk": {
          "n": 35,
          "mean": 0.453,
          "wr": 62.9,
          "t": 0.72
        },
        "neutral_1mo": {
          "n": 35,
          "mean": 1.495,
          "wr": 71.4,
          "t": 1.8
        },
        "reversal_ic": -0.196,
        "reversal_t": -1.66
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    },
    "n_total": 176,
    "n_hawkish": 31,
    "n_dovish": 31,
    "n_neutral": 114
  },
  "test5_nfp": {
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        "wr": 59.3
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      "hawkish_2wk": {
        "n": 27,
        "mean": 0.74,
        "wr": 66.7
      },
      "dovish_1wk": {
        "n": 20,
        "mean": -0.004,
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      },
      "dovish_2wk": {
        "n": 20,
        "mean": 0.424,
        "wr": 65.0
      },
      "neutral_1wk": {
        "n": 69,
        "mean": 0.304,
        "wr": 55.1
      },
      "neutral_2wk": {
        "n": 69,
        "mean": 0.389,
        "wr": 60.9
      }
    },
    "OOS": {
      "hawkish_1wk": {
        "n": 24,
        "mean": -0.086,
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      },
      "hawkish_2wk": {
        "n": 24,
        "mean": 0.196,
        "wr": 58.3
      },
      "dovish_1wk": {
        "n": 21,
        "mean": 1.056,
        "wr": 71.4
      },
      "dovish_2wk": {
        "n": 21,
        "mean": 0.573,
        "wr": 66.7
      },
      "neutral_1wk": {
        "n": 33,
        "mean": 0.457,
        "wr": 57.6
      },
      "neutral_2wk": {
        "n": 32,
        "mean": -0.144,
        "wr": 56.2
      }
    }
  },
  "test6_curve": {
    "1d": {
      "IS_IC": -0.0001,
      "OOS_IC": 0.0396
    },
    "1wk": {
      "IS_IC": -0.024,
      "OOS_IC": 0.022
    },
    "2wk": {
      "IS_IC": 0.0047,
      "OOS_IC": -0.0349
    },
    "1mo": {
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      "OOS_IC": -0.0223
    }
  },
  "test7_vix": {
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        "n": 114,
        "mean": 0.201,
        "wr": 57.9
      },
      "fear_1wk": {
        "n": 114,
        "mean": 0.574,
        "wr": 59.6
      },
      "fear_2wk": {
        "n": 114,
        "mean": 0.707,
        "wr": 61.4
      }
    },
    "OOS": {
      "fear_1d": {
        "n": 105,
        "mean": 0.085,
        "wr": 56.2
      },
      "fear_1wk": {
        "n": 103,
        "mean": -0.301,
        "wr": 54.4
      },
      "fear_2wk": {
        "n": 101,
        "mean": 0.78,
        "wr": 68.3
      }
    }
  },
  "test8_regime": {
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      "low_dovish": {
        "1wk": {
          "n": 191,
          "mean": 0.056,
          "wr": 58.6,
          "t": 0.28
        },
        "2wk": {
          "n": 191,
          "mean": 0.282,
          "wr": 66.5,
          "t": 0.97
        }
      },
      "low_hawkish": {
        "1wk": {
          "n": 205,
          "mean": 0.105,
          "wr": 56.6,
          "t": 0.68
        },
        "2wk": {
          "n": 205,
          "mean": 0.199,
          "wr": 57.6,
          "t": 0.9
        }
      },
      "mid_dovish": {
        "1wk": {
          "n": 39,
          "mean": 1.336,
          "wr": 82.1,
          "t": 4.6
        },
        "2wk": {
          "n": 39,
          "mean": 0.972,
          "wr": 64.1,
          "t": 1.85
        }
      },
      "mid_hawkish": {
        "1wk": {
          "n": 34,
          "mean": 0.108,
          "wr": 61.8,
          "t": 0.35
        },
        "2wk": {
          "n": 34,
          "mean": 0.376,
          "wr": 58.8,
          "t": 0.82
        }
      }
    },
    "OOS": {
      "high_dovish": {
        "1wk": {
          "n": 124,
          "mean": 0.423,
          "wr": 62.9,
          "t": 2.35
        },
        "2wk": {
          "n": 124,
          "mean": 1.22,
          "wr": 74.2,
          "t": 5.71
        }
      },
      "high_hawkish": {
        "1wk": {
          "n": 139,
          "mean": 0.435,
          "wr": 62.6,
          "t": 2.7
        },
        "2wk": {
          "n": 139,
          "mean": 0.832,
          "wr": 67.6,
          "t": 3.9
        }
      },
      "mid_dovish": {
        "1wk": {
          "n": 23,
          "mean": 0.247,
          "wr": 47.8,
          "t": 0.42
        },
        "2wk": {
          "n": 23,
          "mean": 0.299,
          "wr": 52.2,
          "t": 0.43
        }
      },
      "mid_hawkish": {
        "1wk": {
          "n": 24,
          "mean": -0.406,
          "wr": 29.2,
          "t": -0.77
        },
        "2wk": {
          "n": 23,
          "mean": -0.132,
          "wr": 43.5,
          "t": -0.19
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      }
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  "test10_intraday": {
    "note": "5-min Polygon data not available for full period"
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  "metadata": {
    "run_date": "2026-03-21 11:01",
    "start_date": "2010-01-01",
    "end_date": "2026-03-15",
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    "oos_events": 817,
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    "oos_period": "2019-09-12 \u2192 2026-03-12",
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      "spx_fwd_1d_pct": -1.523,
      "spx_fwd_1wk_pct": NaN,
      "spx_fwd_2wk_pct": NaN,
      "spx_fwd_1mo_pct": NaN
    },
    {
      "release_date": "2026-03-12",
      "release_name": "PPI",
      "series_id": "PPIACO",
      "two_y_change_bp": 12.0,
      "ten_y_change_bp": 6.0,
      "spread_change_bp": -6.0,
      "vix_change": 3.06,
      "reaction": "hawkish",
      "reaction_magnitude_bp": 12.0,
      "rate_regime": "mid",
      "fed_funds": 3.64,
      "spx_day_ret_pct": -1.523,
      "spx_fwd_1d_pct": -0.606,
      "spx_fwd_1wk_pct": NaN,
      "spx_fwd_2wk_pct": NaN,
      "spx_fwd_1mo_pct": NaN
    },
    {
      "release_date": "2026-03-12",
      "release_name": "CLAIMS",
      "series_id": "ICSA",
      "two_y_change_bp": 12.0,
      "ten_y_change_bp": 6.0,
      "spread_change_bp": -6.0,
      "vix_change": 3.06,
      "reaction": "hawkish",
      "reaction_magnitude_bp": 12.0,
      "rate_regime": "mid",
      "fed_funds": 3.64,
      "spx_day_ret_pct": -1.523,
      "spx_fwd_1d_pct": -0.606,
      "spx_fwd_1wk_pct": NaN,
      "spx_fwd_2wk_pct": NaN,
      "spx_fwd_1mo_pct": NaN
    }
  ]
}