"use client"; import { useMarketOutlookSections, visibleCount } from "@/stores/market-outlook-sections-store"; import { HeavyTruckSalesChart } from "./HeavyTruckSalesChart"; import { ManufacturingPmiChart } from "./ManufacturingPmiChart"; import { MarketRotationPanel } from "./MarketRotationPanel"; import { RotationSignalAlert } from "./RotationSignalAlert"; import { MacroCommentaryPanel } from "./MacroCommentaryPanel"; import { MarketConditionStrip } from "./MarketConditionStrip"; import { SeasonalityPanel } from "./SeasonalityPanel"; import { InfoTooltip } from "./InfoTooltip"; import { SectionCollapse } from "./SectionCollapse"; /** * Market Outlook — market condition, relative leadership, seasonality, macro context. */ export function MarketOutlookPanel() { const open = useMarketOutlookSections((s) => s.open); const expandAll = useMarketOutlookSections((s) => s.expandAll); const collapseAll = useMarketOutlookSections((s) => s.collapseAll); const numVisible = visibleCount(open); return (

Market Outlook

Market regime, relative sector leadership, seasonal context, and macro indicators.

{numVisible}/5 sections open
What it is: Relative performance of sector and style ETFs versus the broad market (SPY).
Why it matters: Shows where strength is concentrating across the market.
How to read it: Positive relative return means outperformance versus SPY; negative means underperformance. Start with the one-month column. } >

Values are relative to the broad market (SPY), not absolute returns and not measured fund flows.

Leadership alerts

What it is: Historical monthly patterns and recurring high-attention market dates.
Why it matters: Certain windows (Fed decisions, jobs, inflation prints) tend to raise volatility.
How to read it: Historical averages are context only; any given year can diverge. } >

Near-term and structural commentary from public economic data (growth, inflation, labor, rates).

What it is: Monthly US heavy truck sales (FRED HTRUCKSSAAR).
Why it matters: A real-economy activity gauge that often turns before broader slowdowns or recoveries.
How to read it: Focus on multi-month direction rather than a single print. } >

Source: FRED ( HTRUCKSSAAR ).

What it is: Federal Reserve industrial production: manufacturing (IPMAN).
Why it matters: Hard output measure of the goods-producing economy.
How to read it: Multi-month direction indicates expansion or contraction in factory activity. } >

Source: FRED ( IPMAN ).

); }