{"correlations":{"oil_tasi":-0.089,"dxy_gold":0.259,"yields_stocks":-0.56,"vix_spy":0.074},"divergences":[{"pair":"Oil vs TASI","status":"DIVERGING","detail":"Oil +6.9% vs TASI -2.3% (1 month). Oil moved higher — watch for TASI catch-up or oil mean-reversion."}],"risk_appetite":"RISK_ON","risk_appetite_signals":{"vix_level":"Low — risk-on environment","credit_spreads":"Credit spreads stable","safe_haven_flows":"Gold falling, 10Y yield falling"}}