'use client' import { useState } from 'react' export function TradingReports() { const [generatedReport, setGeneratedReport] = useState(null) const [loading, setLoading] = useState(false) // Sample macro report in HTML const sampleReport = ` The Macroverse — Late Business Cycle Analysis
Late-cycle indicators confirm fragile growth environment. Markets pricing recession risk. Initial claims below 300K threshold. Watch April-October 2026 as key weakness window. Bitcoin already discounting late-cycle weakness.

THE MACROVERSE

February 25, 2026

⚠️ ASSESSMENT ALERT: LATE BUSINESS CYCLE — RECESSION WINDOW: 2026-2028
S&P 500
6,909
▲ 0.8%
Initial Claims
206K
SAFE
Unemployment
4.1%
WATCH
Fed Funds
4.5%
▼
Bitcoin
$64,500
▼ 50% ATH
Gold
$2,940
▲

01 — Where We Are in the Cycle

Early Expansion
Mid Cycle
Late Cycle ◀️
Contraction

02 — The Negative Feedback Loop

03 — The Risk Cascade

●
COMPLETED
Altcoins
●
IN PROGRESS
Bitcoin
◉
APPROACHING
Equities
○
PENDING
Energy/Metals

04 — Positioning

✅
ENERGY (XLE)

Historically last to fall. Late-cycle defensive.

✅
CASH

Dry powder for distressed buying.

❌
ALTCOINS

Already in bear market.

⏳
BITCOIN

Pricing late-cycle weakness.

Analysis derived from macro research. Data sources: J.P. Morgan, RSM US, Deloitte, Fidelity.

This report is for educational purposes only. Past cycle behavior is instructive but not deterministic. Not investment advice. Do your own research.
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