{"id":437,"date":"2026-01-05T18:47:44","date_gmt":"2026-01-05T18:47:44","guid":{"rendered":"https:\/\/www.blackholdcapital.com\/?page_id=437"},"modified":"2026-01-05T18:51:52","modified_gmt":"2026-01-05T18:51:52","slug":"analisis-macroeconomico","status":"publish","type":"page","link":"https:\/\/www.blackholdcapital.com\/es\/analisis-macroeconomico\/","title":{"rendered":"An\u00e1lisis Macroecon\u00f3mico"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\r\n\r\n\r\n\r\n\r\nAn\u00e1lisis Macroecon\u00f3mico \u2014 BlackHold Capital<\/title>\r\n<meta name=\"description\" content=\"An\u00e1lisis macroecon\u00f3mico profesional: inflaci\u00f3n, tipos, empleo, liquidez y ciclos. Calendario econ\u00f3mico en grande, heatmaps y terminal en vivo con pantalla completa por widget.\" \/>\r\n\r\n<style>\r\n\/* =========================================================\r\n BLACKHOLD CAPITAL \u2014 MACRO ULTRA (Elementor-safe)\r\n Wrapper: .bhc-macro\r\n========================================================= *\/\r\n.bhc-macro, .bhc-macro *{ box-sizing:border-box; }\r\n.bhc-macro{\r\n font-family: ui-sans-serif, system-ui, -apple-system, \"Segoe UI\", Roboto, Inter, Arial, sans-serif;\r\n color:#0b1220;\r\n background:#fff;\r\n overflow-x:hidden;\r\n\r\n --bg:#ffffff;\r\n --panel:#ffffff;\r\n --soft:#f6f8ff;\r\n --soft2:#eef3ff;\r\n --text:#0b1220;\r\n --muted:#5f6b7a;\r\n --muted2:#7d8898;\r\n --line:rgba(15,23,42,.10);\r\n\r\n --brand:#2f6bff;\r\n --brand2:#1f54ff;\r\n\r\n --shadow:0 28px 120px rgba(2,6,23,.12);\r\n --shadow2:0 10px 26px rgba(2,6,23,.06);\r\n\r\n --r:18px;\r\n --r2:28px;\r\n --max:1200px;\r\n\r\n --ease:cubic-bezier(.2,.8,.2,1);\r\n --dur:820ms;\r\n\r\n --mx: 0px;\r\n --my: 0px;\r\n}\r\n.bhc-macro a{ color:inherit; text-decoration:none; }\r\n.bhc-macro .container{ width:min(var(--max), calc(100% - 44px)); margin:0 auto; }\r\n\r\n\/* ====== Top progress bar ====== *\/\r\n.bhc-macro .progress{\r\n position: sticky;\r\n top:0;\r\n z-index:99999;\r\n height: 3px;\r\n background: rgba(15,23,42,.06);\r\n}\r\n.bhc-macro .progress > i{\r\n display:block;\r\n height:100%;\r\n width: 0%;\r\n background: linear-gradient(90deg, var(--brand2), var(--brand));\r\n box-shadow: 0 12px 40px rgba(47,107,255,.35);\r\n border-radius: 999px;\r\n}\r\n\r\n\/* ====== HERO \/ AURORA ====== *\/\r\n.bhc-macro .hero{\r\n position:relative;\r\n padding:78px 0 28px;\r\n overflow:hidden;\r\n background:\r\n radial-gradient(1200px 700px at 30% -10%, rgba(47,107,255,.10), transparent 55%),\r\n linear-gradient(180deg, rgba(47,107,255,.08), rgba(255,255,255,0) 55%);\r\n}\r\n.bhc-macro .aurora{\r\n position:absolute;\r\n inset:-240px -240px auto -240px;\r\n height: 820px;\r\n pointer-events:none;\r\n transform: translate3d(var(--mx), var(--my), 0);\r\n transition: transform .14s linear;\r\n}\r\n.bhc-macro .aurora:before{\r\n content:\"\";\r\n position:absolute;\r\n inset:0;\r\n background:\r\n radial-gradient(closest-side at 18% 30%, rgba(47,107,255,.30), transparent 62%),\r\n radial-gradient(closest-side at 82% 22%, rgba(47,107,255,.18), transparent 64%),\r\n radial-gradient(closest-side at 55% 82%, rgba(47,107,255,.12), transparent 66%);\r\n opacity:.85;\r\n}\r\n.bhc-macro .blob{\r\n position:absolute;\r\n width: 520px; height: 520px;\r\n border-radius: 50%;\r\n background: radial-gradient(circle at 30% 30%, rgba(47,107,255,.28), rgba(47,107,255,.06) 55%, transparent 70%);\r\n opacity:.8;\r\n animation: bhc-float 10s var(--ease) infinite;\r\n}\r\n.bhc-macro .blob.b1{ left:-120px; top: 140px; animation-duration: 13s; }\r\n.bhc-macro .blob.b2{ right:-160px; top: 40px; animation-duration: 15s; opacity:.7; }\r\n.bhc-macro .blob.b3{ left: 32%; top: 300px; animation-duration: 17s; opacity:.5; }\r\n@keyframes bhc-float{\r\n 0%,100%{ transform: translate3d(0,0,0) scale(1); }\r\n 50%{ transform: translate3d(18px,-18px,0) scale(1.04); }\r\n}\r\n\r\n\/* ====== Hero grid ====== *\/\r\n.bhc-macro .heroGrid{\r\n position:relative;\r\n z-index:1;\r\n display:grid;\r\n grid-template-columns: 1.15fr .85fr;\r\n gap: 18px;\r\n align-items:start;\r\n}\r\n\r\n\/* ====== Chips \/ internal links ====== *\/\r\n.bhc-macro .toplinks{ display:flex; gap:10px; flex-wrap:wrap; margin: 0 0 16px; }\r\n.bhc-macro .chip{\r\n display:inline-flex; align-items:center; gap:10px;\r\n padding: 10px 12px;\r\n border-radius: 999px;\r\n border: 1px solid rgba(15,23,42,.10);\r\n background: rgba(255,255,255,.92);\r\n box-shadow: var(--shadow2);\r\n font-weight: 900;\r\n font-size: 12px;\r\n color: var(--muted);\r\n transition: transform .2s var(--ease), background .2s var(--ease);\r\n}\r\n.bhc-macro .chip:hover{ transform: translateY(-2px); background: rgba(47,107,255,.08); }\r\n.bhc-macro .dot{\r\n width:8px; height:8px;\r\n border-radius:50%;\r\n background: linear-gradient(180deg, var(--brand), var(--brand2));\r\n box-shadow: 0 0 0 3px rgba(47,107,255,.14);\r\n}\r\n\r\n\/* ====== Typography ====== *\/\r\n.bhc-macro h1{\r\n margin: 10px 0 10px;\r\n font-size: clamp(42px, 5vw, 68px);\r\n line-height: 1.03;\r\n letter-spacing: -0.058em;\r\n}\r\n.bhc-macro .accent{\r\n background: linear-gradient(90deg, var(--brand2), var(--brand));\r\n -webkit-background-clip:text;\r\n background-clip:text;\r\n color: transparent;\r\n}\r\n.bhc-macro .lead{\r\n margin:0 0 16px;\r\n color: var(--muted);\r\n font-size: 16px;\r\n line-height: 1.95;\r\n max-width: 96ch;\r\n}\r\n\r\n\/* ====== Buttons ====== *\/\r\n.bhc-macro .cta{ display:flex; gap:10px; flex-wrap:wrap; align-items:center; }\r\n.bhc-macro .btn{\r\n display:inline-flex; align-items:center; justify-content:center; gap:10px;\r\n padding:12px 14px;\r\n border-radius: 999px;\r\n border: 1px solid rgba(15,23,42,.10);\r\n background:#fff;\r\n box-shadow: var(--shadow2);\r\n font-weight: 950;\r\n font-size: 13px;\r\n transition: transform .2s var(--ease), box-shadow .2s var(--ease), background .2s var(--ease);\r\n white-space:nowrap;\r\n}\r\n.bhc-macro .btn:hover{ transform: translateY(-2px); box-shadow: 0 26px 90px rgba(2,6,23,.10); }\r\n.bhc-macro .btn-solid{\r\n border-color: rgba(47,107,255,.35);\r\n background: linear-gradient(180deg, rgba(47,107,255,.98), rgba(31,84,255,.90));\r\n color:#fff;\r\n box-shadow: 0 30px 110px rgba(47,107,255,.25);\r\n}\r\n.bhc-macro .btn-ghost{\r\n border-color: rgba(47,107,255,.22);\r\n background: linear-gradient(180deg, rgba(47,107,255,.10), rgba(47,107,255,.04));\r\n}\r\n\r\n\/* ====== Premium Hero Card + sheen ====== *\/\r\n.bhc-macro .heroCard{\r\n border-radius: var(--r2);\r\n border: 1px solid rgba(15,23,42,.10);\r\n background:#fff;\r\n box-shadow: var(--shadow);\r\n overflow:hidden;\r\n position:relative;\r\n}\r\n.bhc-macro .heroCard:after{\r\n content:\"\";\r\n position:absolute;\r\n inset:-120px;\r\n background: linear-gradient(115deg, transparent 35%, rgba(255,255,255,.65) 45%, transparent 55%);\r\n transform: translateX(-55%);\r\n opacity:.0;\r\n}\r\n.bhc-macro .heroCard.is-tilt:after{ animation: bhc-sheen 2.6s var(--ease) infinite; opacity:.12; }\r\n@keyframes bhc-sheen{\r\n 0%{ transform: translateX(-65%) rotate(0.001deg); }\r\n 60%{ transform: translateX(65%) rotate(0.001deg); }\r\n 100%{ transform: translateX(65%) rotate(0.001deg); }\r\n}\r\n.bhc-macro .heroCardTop{\r\n padding: 14px 16px;\r\n border-bottom: 1px solid rgba(15,23,42,.08);\r\n display:flex; align-items:center; justify-content:space-between; gap: 10px;\r\n background: linear-gradient(180deg, rgba(47,107,255,.14), rgba(47,107,255,.04));\r\n}\r\n.bhc-macro .heroCardTop strong{ font-weight: 1000; font-size: 13px; letter-spacing:.02em; }\r\n.bhc-macro .pill{\r\n padding: 8px 10px;\r\n border-radius: 999px;\r\n border: 1px solid rgba(47,107,255,.22);\r\n background: rgba(47,107,255,.10);\r\n font-weight: 1000;\r\n font-size: 12px;\r\n}\r\n.bhc-macro .heroCardBody{ padding: 16px; }\r\n.bhc-macro .miniGrid{ display:grid; grid-template-columns: 1fr 1fr; gap: 10px; }\r\n.bhc-macro .mini{\r\n border-radius: 16px;\r\n border: 1px solid rgba(15,23,42,.10);\r\n background: var(--soft);\r\n padding: 12px;\r\n transition: transform .2s var(--ease), box-shadow .2s var(--ease);\r\n}\r\n.bhc-macro .mini:hover{ transform: translateY(-2px); box-shadow: var(--shadow2); }\r\n.bhc-macro .mini .k{ font-size: 10px; letter-spacing:.14em; text-transform:uppercase; font-weight: 950; color: var(--muted2); }\r\n.bhc-macro .mini .v{ margin-top: 6px; font-weight: 1000; font-size: 15px; letter-spacing:-0.01em; }\r\n.bhc-macro .note{ margin: 12px 0 0; color: var(--muted); font-size: 13px; line-height: 1.7; }\r\n\r\n\/* ====== Layout (Sidenav) ====== *\/\r\n.bhc-macro .layout{\r\n display:grid;\r\n grid-template-columns: 290px 1fr;\r\n gap: 18px;\r\n padding: 18px 0 0;\r\n}\r\n.bhc-macro .side{\r\n position: sticky;\r\n top: 18px;\r\n align-self: start;\r\n border-radius: var(--r2);\r\n border: 1px solid rgba(15,23,42,.10);\r\n background: #fff;\r\n box-shadow: var(--shadow2);\r\n overflow:hidden;\r\n}\r\n.bhc-macro .sideTop{\r\n padding: 14px 16px;\r\n border-bottom: 1px solid rgba(15,23,42,.08);\r\n background: linear-gradient(180deg, rgba(47,107,255,.12), rgba(47,107,255,.03));\r\n}\r\n.bhc-macro .sideTop .t{\r\n font-weight: 1000;\r\n font-size: 12px;\r\n letter-spacing: .14em;\r\n text-transform: uppercase;\r\n color: var(--muted2);\r\n}\r\n.bhc-macro .sideNav{ padding: 10px; display:grid; gap:8px; }\r\n.bhc-macro .sideNav a{\r\n padding: 10px 12px;\r\n border-radius: 14px;\r\n border: 1px solid rgba(15,23,42,.08);\r\n background:#fff;\r\n color: var(--muted);\r\n font-weight: 900;\r\n font-size: 13px;\r\n transition: .2s var(--ease);\r\n}\r\n.bhc-macro .sideNav a:hover{\r\n background: rgba(47,107,255,.10);\r\n color: var(--text);\r\n transform: translateY(-1px);\r\n}\r\n.bhc-macro .sideNav a.active{\r\n background: linear-gradient(180deg, rgba(47,107,255,.18), rgba(47,107,255,.07));\r\n border-color: rgba(47,107,255,.28);\r\n color: var(--text);\r\n}\r\n\r\n\/* Tabs *\/\r\n.bhc-macro .tabs{\r\n margin-top: 14px;\r\n display:flex;\r\n gap:10px;\r\n flex-wrap:wrap;\r\n}\r\n.bhc-macro .tabBtn{\r\n padding: 10px 12px;\r\n border-radius: 999px;\r\n border: 1px solid rgba(15,23,42,.10);\r\n background:#fff;\r\n box-shadow: var(--shadow2);\r\n font-weight: 950;\r\n font-size: 13px;\r\n color: var(--muted);\r\n cursor:pointer;\r\n transition: transform .2s var(--ease), background .2s var(--ease), box-shadow .2s var(--ease);\r\n}\r\n.bhc-macro .tabBtn:hover{ transform: translateY(-2px); box-shadow: 0 26px 90px rgba(2,6,23,.10); }\r\n.bhc-macro .tabBtn.active{\r\n background: linear-gradient(180deg, rgba(47,107,255,.18), rgba(47,107,255,.07));\r\n border-color: rgba(47,107,255,.28);\r\n color: var(--text);\r\n}\r\n.bhc-macro .tabPanel{ display:none; }\r\n.bhc-macro .tabPanel.active{ display:block; }\r\n\r\n\/* Sections *\/\r\n.bhc-macro section{ padding: 46px 0; }\r\n.bhc-macro .kicker{\r\n font-size: 12px;\r\n letter-spacing:.18em;\r\n text-transform:uppercase;\r\n font-weight: 950;\r\n color: var(--muted2);\r\n}\r\n.bhc-macro h2{\r\n margin: 10px 0 10px;\r\n font-size: clamp(26px, 3vw, 44px);\r\n letter-spacing: -0.03em;\r\n}\r\n.bhc-macro .sub{\r\n margin: 0;\r\n color: var(--muted);\r\n line-height: 1.95;\r\n font-size: 15px;\r\n max-width: 95ch;\r\n}\r\n\r\n\/* Cards *\/\r\n.bhc-macro .cards{\r\n margin-top: 18px;\r\n display:grid;\r\n grid-template-columns: repeat(3, 1fr);\r\n gap: 14px;\r\n}\r\n.bhc-macro .card{\r\n border-radius: var(--r2);\r\n border: 1px solid rgba(15,23,42,.10);\r\n background:#fff;\r\n box-shadow: var(--shadow2);\r\n padding: 18px;\r\n position:relative;\r\n overflow:hidden;\r\n transition: transform .25s var(--ease), box-shadow .25s var(--ease);\r\n will-change: transform;\r\n transform-style: preserve-3d;\r\n}\r\n.bhc-macro .card:before{\r\n content:\"\";\r\n position:absolute;\r\n inset:-120px -120px auto -120px;\r\n height: 280px;\r\n background: radial-gradient(closest-side at 30% 40%, rgba(47,107,255,.18), transparent 65%);\r\n opacity:0;\r\n transition: opacity .25s var(--ease);\r\n}\r\n.bhc-macro .card:hover{ box-shadow: var(--shadow); }\r\n.bhc-macro .card:hover:before{ opacity:1; }\r\n.bhc-macro .card h3{ margin: 6px 0 8px; font-size: 16px; font-weight: 1000; position:relative; z-index:1; }\r\n.bhc-macro .card p{ margin:0; color: var(--muted); line-height: 1.8; font-size: 14px; position:relative; z-index:1; }\r\n\r\n\/* Panels *\/\r\n.bhc-macro .grid2{\r\n margin-top: 18px;\r\n display:grid;\r\n grid-template-columns: 1fr 1fr;\r\n gap: 14px;\r\n}\r\n.bhc-macro .panel{\r\n border-radius: var(--r2);\r\n border: 1px solid rgba(15,23,42,.10);\r\n background:#fff;\r\n box-shadow: var(--shadow2);\r\n overflow:hidden;\r\n position:relative;\r\n}\r\n.bhc-macro .panel:after{\r\n content:\"\";\r\n position:absolute;\r\n inset:-140px;\r\n background: linear-gradient(115deg, transparent 35%, rgba(255,255,255,.7) 45%, transparent 55%);\r\n transform: translateX(-55%);\r\n opacity:.0;\r\n pointer-events:none;\r\n}\r\n.bhc-macro .panel.is-tilt:after{ animation: bhc-sheen 3.1s var(--ease) infinite; opacity:.10; }\r\n.bhc-macro .panelTop{\r\n padding: 14px 16px;\r\n border-bottom: 1px solid rgba(15,23,42,.08);\r\n background: linear-gradient(180deg, rgba(47,107,255,.12), rgba(47,107,255,.03));\r\n display:flex; align-items:center; justify-content:space-between; gap:10px;\r\n}\r\n.bhc-macro .panelTop .t{ font-weight: 1000; font-size: 13px; letter-spacing:.02em; }\r\n.bhc-macro .tag{\r\n padding: 8px 10px;\r\n border-radius: 999px;\r\n border: 1px solid rgba(15,23,42,.10);\r\n background: var(--soft2);\r\n font-weight: 950;\r\n font-size: 12px;\r\n color: var(--muted);\r\n}\r\n.bhc-macro .panelBody{ padding: 16px; }\r\n.bhc-macro ul.clean{\r\n margin:0;\r\n padding: 0 0 0 18px;\r\n color: var(--muted);\r\n line-height: 1.95;\r\n font-size: 14px;\r\n}\r\n.bhc-macro ul.clean li{ margin: 7px 0; }\r\n.bhc-macro .callout{\r\n margin-top: 14px;\r\n border-radius: 18px;\r\n border: 1px solid rgba(47,107,255,.18);\r\n background: linear-gradient(180deg, rgba(47,107,255,.13), rgba(47,107,255,.05));\r\n padding: 14px;\r\n color: var(--muted);\r\n line-height: 1.9;\r\n font-size: 14px;\r\n}\r\n\r\n\/* Widgets *\/\r\n.bhc-macro .widget{\r\n margin-top: 16px;\r\n border-radius: var(--r2);\r\n border: 1px solid rgba(15,23,42,.10);\r\n background:#fff;\r\n box-shadow: var(--shadow2);\r\n overflow:hidden;\r\n}\r\n.bhc-macro .widgetHead{\r\n padding: 14px 16px;\r\n border-bottom: 1px solid rgba(15,23,42,.08);\r\n display:flex; align-items:center; justify-content:space-between; gap:10px;\r\n background: linear-gradient(180deg, rgba(47,107,255,.12), rgba(47,107,255,.03));\r\n}\r\n.bhc-macro .widgetHead .t{ font-weight: 1000; font-size: 13px; letter-spacing:.02em; }\r\n.bhc-macro .widgetActions{ display:flex; gap:10px; align-items:center; }\r\n.bhc-macro .iconBtn{\r\n width:40px; height:40px;\r\n display:grid; place-items:center;\r\n border-radius: 999px;\r\n border: 1px solid rgba(15,23,42,.10);\r\n background:#fff;\r\n box-shadow: var(--shadow2);\r\n cursor:pointer;\r\n transition: transform .2s var(--ease), box-shadow .2s var(--ease);\r\n}\r\n.bhc-macro .iconBtn:hover{ transform: translateY(-2px); box-shadow: 0 26px 90px rgba(2,6,23,.10); }\r\n.bhc-macro .widgetBody{ background:#fff; min-height: 120px; }\r\n.bhc-macro .widgetBody.big{ min-height: 760px; }\r\n.bhc-macro .widgetBody.big2{ min-height: 680px; }\r\n\r\n\/* TradingView container *\/\r\n.bhc-macro .tradingview-widget-container{ width:100%; margin:0; }\r\n.bhc-macro .tradingview-widget-copyright{ display:none !important; }\r\n.bhc-macro .blue-text{ display:none !important; }\r\n\r\n\/* MQL5 calendar wrapper *\/\r\n.bhc-macro .calendarWrap{\r\n width:100%;\r\n height: 760px;\r\n}\r\n.bhc-macro .calendarWrap > div,\r\n.bhc-macro .calendarWrap iframe{\r\n width:100% !important;\r\n height:100% !important;\r\n border:0 !important;\r\n}\r\n\r\n\/* CTA band *\/\r\n.bhc-macro .ctaBand{\r\n margin-top: 18px;\r\n border-radius: var(--r2);\r\n border: 1px solid rgba(47,107,255,.18);\r\n background: linear-gradient(180deg, rgba(47,107,255,.14), rgba(47,107,255,.05));\r\n box-shadow: 0 28px 110px rgba(47,107,255,.18);\r\n padding: 18px;\r\n display:flex;\r\n align-items:center;\r\n justify-content:space-between;\r\n gap: 14px;\r\n flex-wrap:wrap;\r\n position:relative;\r\n overflow:hidden;\r\n}\r\n.bhc-macro .ctaBand:before{\r\n content:\"\";\r\n position:absolute;\r\n inset:-140px -160px auto -160px;\r\n height: 360px;\r\n background: radial-gradient(closest-side at 50% 45%, rgba(47,107,255,.28), transparent 66%);\r\n pointer-events:none;\r\n}\r\n.bhc-macro .ctaBand h3{\r\n margin:0;\r\n font-size: 16px;\r\n font-weight: 1000;\r\n position:relative;\r\n z-index:1;\r\n}\r\n.bhc-macro .ctaBand p{\r\n margin: 6px 0 0;\r\n color: var(--muted);\r\n font-size: 14px;\r\n line-height: 1.7;\r\n position:relative;\r\n z-index:1;\r\n max-width: 92ch;\r\n}\r\n\r\n\/* FAQ *\/\r\n.bhc-macro .faqGrid{\r\n margin-top: 18px;\r\n display:grid;\r\n grid-template-columns: 1fr 1fr;\r\n gap: 14px;\r\n}\r\n.bhc-macro details{\r\n border-radius: var(--r2);\r\n border: 1px solid rgba(15,23,42,.10);\r\n background:#fff;\r\n box-shadow: var(--shadow2);\r\n padding: 16px;\r\n}\r\n.bhc-macro summary{ cursor:pointer; font-weight: 1000; list-style:none; }\r\n.bhc-macro details p{ margin: 10px 0 0; color: var(--muted); line-height: 1.95; font-size: 14px; }\r\n\r\n\/* Reveal *\/\r\n.bhc-macro .reveal{\r\n opacity: 0;\r\n transform: translateY(18px);\r\n transition: opacity var(--dur) var(--ease), transform var(--dur) var(--ease);\r\n will-change: opacity, transform;\r\n}\r\n.bhc-macro .reveal.is-visible{ opacity: 1; transform: translateY(0); }\r\n.bhc-macro .stagger.is-visible > *:nth-child(1){ transition-delay: 70ms; }\r\n.bhc-macro .stagger.is-visible > *:nth-child(2){ transition-delay: 140ms; }\r\n.bhc-macro .stagger.is-visible > *:nth-child(3){ transition-delay: 210ms; }\r\n\r\n\/* Fullscreen modal *\/\r\n.bhc-macro .fsOverlay{\r\n position:fixed; inset:0;\r\n background: rgba(2,6,23,.62);\r\n display:none;\r\n z-index: 9998;\r\n backdrop-filter: blur(10px);\r\n -webkit-backdrop-filter: blur(10px);\r\n}\r\n.bhc-macro .fsModal{\r\n position:fixed;\r\n inset: 14px;\r\n display:none;\r\n z-index: 9999;\r\n border-radius: 28px;\r\n border: 1px solid rgba(255,255,255,.22);\r\n background: rgba(255,255,255,.96);\r\n box-shadow: 0 38px 170px rgba(2,6,23,.32);\r\n overflow:hidden;\r\n}\r\n.bhc-macro .fsTop{\r\n padding: 12px 14px;\r\n display:flex;\r\n justify-content:space-between;\r\n align-items:center;\r\n gap:10px;\r\n background: linear-gradient(180deg, rgba(47,107,255,.14), rgba(47,107,255,.04));\r\n border-bottom: 1px solid rgba(15,23,42,.10);\r\n}\r\n.bhc-macro .fsTitle{ font-weight: 1000; font-size: 13px; letter-spacing:.02em; }\r\n.bhc-macro .fsClose{\r\n width:42px; height:42px;\r\n border-radius: 999px;\r\n border: 1px solid rgba(15,23,42,.10);\r\n background:#fff;\r\n box-shadow: var(--shadow2);\r\n cursor:pointer;\r\n font-size: 18px;\r\n display:grid; place-items:center;\r\n transition: transform .2s var(--ease), box-shadow .2s var(--ease);\r\n}\r\n.bhc-macro .fsClose:hover{ transform: translateY(-2px); box-shadow: 0 26px 90px rgba(2,6,23,.10); }\r\n.bhc-macro .fsBody{ height: calc(100% - 66px); background:#fff; overflow:hidden; padding: 0; }\r\n.bhc-macro .fsSlot{ height:100%; }\r\n\r\n\/* Responsive *\/\r\n@media (max-width: 980px){\r\n .bhc-macro .heroGrid{ grid-template-columns: 1fr; }\r\n .bhc-macro .layout{ grid-template-columns: 1fr; }\r\n .bhc-macro .side{ position:relative; top:auto; }\r\n .bhc-macro .cards{ grid-template-columns: 1fr; }\r\n .bhc-macro .grid2{ grid-template-columns: 1fr; }\r\n .bhc-macro .faqGrid{ grid-template-columns: 1fr; }\r\n .bhc-macro .fsModal{ inset: 10px; }\r\n}\r\n@media (prefers-reduced-motion: reduce){\r\n .bhc-macro .blob,\r\n .bhc-macro .heroCard:after,\r\n .bhc-macro .panel:after{ animation:none !important; }\r\n .bhc-macro .reveal{ transition:none !important; opacity:1 !important; transform:none !important; }\r\n}\r\n<\/style>\r\n<\/head>\r\n\r\n<body>\r\n<div class=\"bhc-macro\" id=\"bhc-macro\">\r\n\r\n <div class=\"progress\" aria-hidden=\"true\"><i id=\"bhcProg\"><\/i><\/div>\r\n\r\n <!-- HERO -->\r\n <header class=\"hero\" id=\"top\">\r\n <div class=\"aurora\" aria-hidden=\"true\"><\/div>\r\n <div class=\"blob b1\" aria-hidden=\"true\"><\/div>\r\n <div class=\"blob b2\" aria-hidden=\"true\"><\/div>\r\n <div class=\"blob b3\" aria-hidden=\"true\"><\/div>\r\n\r\n <div class=\"container\">\r\n <div class=\"heroGrid\">\r\n <div class=\"reveal\">\r\n <div class=\"toplinks\">\r\n <a class=\"chip\" href=\"https:\/\/www.blackholdcapital.com\/\"><span class=\"dot\"><\/span> Inicio<\/a>\r\n <a class=\"chip\" href=\"https:\/\/www.blackholdcapital.com\/mercados\/\"><span class=\"dot\"><\/span> Mercados<\/a>\r\n <a class=\"chip\" href=\"https:\/\/www.blackholdcapital.com\/estrategia\/\"><span class=\"dot\"><\/span> Estrategia<\/a>\r\n <a class=\"chip\" href=\"https:\/\/www.blackholdcapital.com\/gestion-del-riesgo\/\"><span class=\"dot\"><\/span> Riesgo<\/a>\r\n <a class=\"chip\" href=\"https:\/\/www.blackholdcapital.com\/plan-de-trading\/\"><span class=\"dot\"><\/span> Plan<\/a>\r\n <\/div>\r\n\r\n <div class=\"chip\" style=\"width:max-content\"><span class=\"dot\"><\/span> An\u00e1lisis macro \u00b7 inflaci\u00f3n, tipos, empleo y liquidez<\/div>\r\n\r\n <h1>La macro decide el viento. <span class=\"accent\">T\u00fa<\/span> decides la vela.<\/h1>\r\n\r\n <p class=\"lead\">\r\n El an\u00e1lisis macroecon\u00f3mico en BlackHold Capital es un sistema:\r\n <strong>ciclo \u2192 pol\u00edtica monetaria \u2192 datos \u2192 reacci\u00f3n \u2192 posicionamiento<\/strong>.\r\n Terminal con calendario econ\u00f3mico en grande y m\u00f3dulos ampliables a pantalla completa.\r\n <\/p>\r\n\r\n <div class=\"cta\">\r\n <a class=\"btn btn-solid\" href=\"#calendario\">Ver calendario<\/a>\r\n <a class=\"btn btn-ghost\" href=\"#framework\">Ver framework<\/a>\r\n <a class=\"btn\" href=\"#terminal\">Abrir terminal<\/a>\r\n <\/div>\r\n\r\n <div class=\"tabs\" aria-label=\"Tabs\">\r\n <button class=\"tabBtn active\" data-tab=\"tab-framework\" type=\"button\">Framework<\/button>\r\n <button class=\"tabBtn\" data-tab=\"tab-datos\" type=\"button\">Datos<\/button>\r\n <button class=\"tabBtn\" data-tab=\"tab-cal\" type=\"button\">Calendario<\/button>\r\n <button class=\"tabBtn\" data-tab=\"tab-terminal\" type=\"button\">Terminal<\/button>\r\n <\/div>\r\n <\/div>\r\n\r\n <aside class=\"heroCard reveal js-tilt\">\r\n <div class=\"heroCardTop\">\r\n <strong>Checklist macro<\/strong>\r\n <span class=\"pill\">Ciclo<\/span>\r\n <\/div>\r\n <div class=\"heroCardBody\">\r\n <div class=\"miniGrid\">\r\n <div class=\"mini\"><div class=\"k\">Inflaci\u00f3n<\/div><div class=\"v\">CPI \/ Core<\/div><\/div>\r\n <div class=\"mini\"><div class=\"k\">Tipos<\/div><div class=\"v\">Fed \/ ECB<\/div><\/div>\r\n <div class=\"mini\"><div class=\"k\">Empleo<\/div><div class=\"v\">NFP \/ UE<\/div><\/div>\r\n <div class=\"mini\"><div class=\"k\">Liquidez<\/div><div class=\"v\">Risk-on\/off<\/div><\/div>\r\n <\/div>\r\n <p class=\"note\">La macro no predice. Te posiciona con ventaja.<\/p>\r\n <\/div>\r\n <\/aside>\r\n <\/div>\r\n\r\n <!-- Ticker (dark transparente) -->\r\n <div class=\"widget reveal\" style=\"margin-top:16px\" data-fs-title=\"Radar de mercado (Ticker)\" data-fs-id=\"wTicker\">\r\n <div class=\"widgetHead\">\r\n <div class=\"t\">Radar macro (en vivo)<\/div>\r\n <div class=\"widgetActions\">\r\n <button class=\"iconBtn js-fullscreen\" type=\"button\" aria-label=\"Pantalla completa\">\u2922<\/button>\r\n <\/div>\r\n <\/div>\r\n <div class=\"widgetBody\" id=\"wTicker\" style=\"min-height:84px\">\r\n <!-- TradingView Widget BEGIN -->\r\n <div class=\"tradingview-widget-container\">\r\n <div class=\"tradingview-widget-container__widget\"><\/div>\r\n <div class=\"tradingview-widget-copyright\"><a href=\"https:\/\/www.tradingview.com\/\" rel=\"noopener nofollow\" target=\"_blank\"><span class=\"blue-text\"><\/span><\/a><\/div>\r\n <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-ticker-tape.js\" async>\r\n {\r\n \"symbols\": [\r\n { \"proName\": \"FOREXCOM:SPXUSD\", \"title\": \"S&P 500 Index\" },\r\n { \"proName\": \"FOREXCOM:NSXUSD\", \"title\": \"US 100 Cash CFD\" },\r\n { \"proName\": \"FX_IDC:EURUSD\", \"title\": \"EUR to USD\" },\r\n { \"proName\": \"BITSTAMP:BTCUSD\", \"title\": \"Bitcoin\" },\r\n { \"proName\": \"BITSTAMP:ETHUSD\", \"title\": \"Ethereum\" }\r\n ],\r\n \"showSymbolLogo\": false,\r\n \"isTransparent\": true,\r\n \"displayMode\": \"adaptive\",\r\n \"colorTheme\": \"dark\",\r\n \"locale\": \"en\"\r\n }\r\n <\/script>\r\n <\/div>\r\n <!-- TradingView Widget END -->\r\n <\/div>\r\n <\/div>\r\n\r\n <\/div>\r\n <\/header>\r\n\r\n <div class=\"container\">\r\n <div class=\"layout\">\r\n\r\n <!-- SIDENAV -->\r\n <aside class=\"side reveal\">\r\n <div class=\"sideTop\"><div class=\"t\">MACRO<\/div><\/div>\r\n <nav class=\"sideNav\" aria-label=\"Men\u00fa interno\">\r\n <a href=\"#framework\" class=\"js-nav\">Framework<\/a>\r\n <a href=\"#datos\" class=\"js-nav\">Datos clave<\/a>\r\n <a href=\"#calendario\" class=\"js-nav\">Calendario<\/a>\r\n <a href=\"#terminal\" class=\"js-nav\">Terminal<\/a>\r\n <a href=\"#faq\" class=\"js-nav\">FAQ<\/a>\r\n <\/nav>\r\n <\/aside>\r\n\r\n <main>\r\n <!-- TAB: FRAMEWORK -->\r\n <div class=\"tabPanel active\" id=\"tab-framework\">\r\n <section id=\"framework\">\r\n <div class=\"reveal\">\r\n <div class=\"kicker\">FRAMEWORK<\/div>\r\n <h2>C\u00f3mo se analiza macro (sin humo)<\/h2>\r\n <p class=\"sub\">\r\n No es \u201cver noticias\u201d. Es entender el motor que mueve los flujos:\r\n inflaci\u00f3n \u2192 tipos \u2192 liquidez \u2192 expectativas \u2192 reacci\u00f3n del precio.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"cards reveal stagger\">\r\n <div class=\"card js-tilt\">\r\n <h3>1) Ciclo<\/h3>\r\n <p>Expansi\u00f3n, desaceleraci\u00f3n, recesi\u00f3n o recuperaci\u00f3n. El ciclo cambia la lectura de todo.<\/p>\r\n <\/div>\r\n <div class=\"card js-tilt\">\r\n <h3>2) Pol\u00edtica monetaria<\/h3>\r\n <p>Tipos, guidance y balance. La narrativa es importante, pero manda la liquidez.<\/p>\r\n <\/div>\r\n <div class=\"card js-tilt\">\r\n <h3>3) Datos (impacto real)<\/h3>\r\n <p>No todos los datos valen igual. Importa el contexto y la sorpresa vs expectativa.<\/p>\r\n <\/div>\r\n <\/div>\r\n\r\n <div class=\"grid2 reveal\">\r\n <div class=\"panel js-tilt\">\r\n <div class=\"panelTop\"><div class=\"t\">Se\u00f1ales \u201cRisk On\u201d<\/div><div class=\"tag\">flujo<\/div><\/div>\r\n <div class=\"panelBody\">\r\n <ul class=\"clean\">\r\n <li>Descenso de inflaci\u00f3n (core)<\/li>\r\n <li>Tipos estabilizando \/ bajando<\/li>\r\n <li>Spreads cr\u00e9dito relaj\u00e1ndose<\/li>\r\n <li>Volatilidad comprimiendo<\/li>\r\n <\/ul>\r\n <div class=\"callout\"><strong>Lectura:<\/strong> condiciones para equity\/cripto m\u00e1s fuertes.<\/div>\r\n <\/div>\r\n <\/div>\r\n <div class=\"panel js-tilt\">\r\n <div class=\"panelTop\"><div class=\"t\">Se\u00f1ales \u201cRisk Off\u201d<\/div><div class=\"tag\">defensa<\/div><\/div>\r\n <div class=\"panelBody\">\r\n <ul class=\"clean\">\r\n <li>Inflaci\u00f3n repunta \/ sticky<\/li>\r\n <li>Tipos m\u00e1s altos m\u00e1s tiempo<\/li>\r\n <li>Spreads ampli\u00e1ndose<\/li>\r\n <li>VIX \/ volatilidad subiendo<\/li>\r\n <\/ul>\r\n <div class=\"callout\"><strong>Lectura:<\/strong> mercado m\u00e1s selectivo, m\u00e1s stops y menos tama\u00f1o.<\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/section>\r\n <\/div>\r\n\r\n <!-- TAB: DATOS -->\r\n <div class=\"tabPanel\" id=\"tab-datos\">\r\n <section id=\"datos\">\r\n <div class=\"reveal\">\r\n <div class=\"kicker\">DATOS CLAVE<\/div>\r\n <h2>Qu\u00e9 mirar (y qu\u00e9 ignorar)<\/h2>\r\n <p class=\"sub\">\r\n El profesional no mira 200 indicadores. Mira los que cambian expectativas.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"cards reveal stagger\">\r\n <div class=\"card js-tilt\"><h3>Inflaci\u00f3n<\/h3><p>CPI\/Core, PCE, precios servicios. Cambia el ritmo de tipos.<\/p><\/div>\r\n <div class=\"card js-tilt\"><h3>Empleo<\/h3><p>NFP, salarios, paro. Afecta la narrativa de recorte\/subida.<\/p><\/div>\r\n <div class=\"card js-tilt\"><h3>Crecimiento<\/h3><p>PMI, GDP, ventas. Confirma ciclo y m\u00e1rgenes empresariales.<\/p><\/div>\r\n <\/div>\r\n\r\n <div class=\"ctaBand reveal\">\r\n <div>\r\n <h3>Macro sin gesti\u00f3n del riesgo no sirve<\/h3>\r\n <p>La macro te da direcci\u00f3n. El riesgo decide si sobrevives al ruido.<\/p>\r\n <\/div>\r\n <a class=\"btn btn-solid\" href=\"https:\/\/www.blackholdcapital.com\/gestion-del-riesgo\/\">Ir a Gesti\u00f3n del riesgo<\/a>\r\n <\/div>\r\n <\/section>\r\n <\/div>\r\n\r\n <!-- TAB: CALENDARIO -->\r\n <div class=\"tabPanel\" id=\"tab-cal\">\r\n <section id=\"calendario\">\r\n <div class=\"reveal\">\r\n <div class=\"kicker\">CALENDARIO<\/div>\r\n <h2>Calendario econ\u00f3mico (en grande)<\/h2>\r\n <p class=\"sub\">\r\n No se opera a ciegas. Aqu\u00ed tienes eventos macro en un m\u00f3dulo amplio y ampliable a pantalla completa.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"widget reveal\" data-fs-title=\"Calendario econ\u00f3mico (MQL5) \u2014 Pantalla completa\" data-fs-id=\"wCal\">\r\n <div class=\"widgetHead\">\r\n <div class=\"t\">Calendario econ\u00f3mico<\/div>\r\n <div class=\"widgetActions\">\r\n <button class=\"iconBtn js-fullscreen\" type=\"button\" aria-label=\"Pantalla completa\">\u2922<\/button>\r\n <\/div>\r\n <\/div>\r\n <div class=\"widgetBody big\" id=\"wCal\">\r\n <div class=\"calendarWrap\">\r\n <div id=\"economicCalendarWidget\"><\/div>\r\n <div class=\"ecw-copyright\" style=\"display:none\">\r\n <a href=\"https:\/\/www.mql5.com\/?utm_source=calendar.widget&utm_medium=link&utm_term=economic.calendar&utm_content=visit.mql5.calendar&utm_campaign=202.calendar.widget\" rel=\"noopener nofollow\" target=\"_blank\">\r\n MQL5 Algo Trading Community\r\n <\/a>\r\n <\/div>\r\n <script async type=\"text\/javascript\" data-type=\"calendar-widget\" src=\"https:\/\/www.tradays.com\/c\/js\/widgets\/calendar\/widget.js?v=15\">\r\n {\"width\":\"100%\",\"height\":\"100%\",\"mode\":\"2\",\"fw\":\"html\"}\r\n <\/script>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n <div class=\"grid2\">\r\n <div class=\"panel reveal js-tilt\">\r\n <div class=\"panelTop\"><div class=\"t\">Regla de oro<\/div><div class=\"tag\">disciplina<\/div><\/div>\r\n <div class=\"panelBody\">\r\n <ul class=\"clean\">\r\n <li>Antes del dato: define escenario A\/B<\/li>\r\n <li>No entrar por FOMO en la primera vela<\/li>\r\n <li>Reducir tama\u00f1o o esperar confirmaci\u00f3n<\/li>\r\n <li>Si no hay plan, no hay trade<\/li>\r\n <\/ul>\r\n <\/div>\r\n <\/div>\r\n <div class=\"panel reveal js-tilt\">\r\n <div class=\"panelTop\"><div class=\"t\">Qu\u00e9 eventos importan<\/div><div class=\"tag\">prioridad<\/div><\/div>\r\n <div class=\"panelBody\">\r\n <ul class=\"clean\">\r\n <li>Inflaci\u00f3n (CPI\/PCE)<\/li>\r\n <li>Empleo (NFP, salarios)<\/li>\r\n <li>Tipos \/ conferencias<\/li>\r\n <li>PMI \/ GDP (seg\u00fan ciclo)<\/li>\r\n <\/ul>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/section>\r\n <\/div>\r\n\r\n <!-- TAB: TERMINAL -->\r\n <div class=\"tabPanel\" id=\"tab-terminal\">\r\n <section id=\"terminal\">\r\n <div class=\"reveal\">\r\n <div class=\"kicker\">TERMINAL<\/div>\r\n <h2>Contexto de mercado (heatmaps + FX)<\/h2>\r\n <p class=\"sub\">\r\n Macro tambi\u00e9n es correlaci\u00f3n: equity, d\u00f3lar, FX y apetito por riesgo.\r\n <\/p>\r\n <\/div>\r\n\r\n <!-- Heatmap SPX500 -->\r\n <div class=\"widget reveal\" data-fs-title=\"Mapa de calor \u00b7 Acciones (SPX500)\" data-fs-id=\"wHeatmap\">\r\n <div class=\"widgetHead\">\r\n <div class=\"t\">Mapa de calor \u00b7 Acciones<\/div>\r\n <div class=\"widgetActions\">\r\n <button class=\"iconBtn js-fullscreen\" type=\"button\" aria-label=\"Pantalla completa\">\u2922<\/button>\r\n <\/div>\r\n <\/div>\r\n <div class=\"widgetBody big\" id=\"wHeatmap\">\r\n <!-- TradingView Widget BEGIN -->\r\n <div class=\"tradingview-widget-container\">\r\n <div class=\"tradingview-widget-container__widget\"><\/div>\r\n <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-stock-heatmap.js\" async>\r\n {\r\n \"exchanges\": [],\r\n \"dataSource\": \"SPX500\",\r\n \"grouping\": \"sector\",\r\n \"blockSize\": \"market_cap_basic\",\r\n \"blockColor\": \"change\",\r\n \"locale\": \"en\",\r\n \"symbolUrl\": \"\",\r\n \"colorTheme\": \"light\",\r\n \"hasTopBar\": false,\r\n \"isDataSetEnabled\": false,\r\n \"isZoomEnabled\": true,\r\n \"hasSymbolTooltip\": true,\r\n \"width\": \"100%\",\r\n \"height\": \"760\"\r\n }\r\n <\/script>\r\n <\/div>\r\n <!-- TradingView Widget END -->\r\n <\/div>\r\n <\/div>\r\n\r\n <!-- FX Cross + FX Heat -->\r\n <div class=\"grid2\">\r\n <div class=\"widget reveal\" data-fs-title=\"Cruces Forex (Cross Rates)\" data-fs-id=\"wFxCross\">\r\n <div class=\"widgetHead\">\r\n <div class=\"t\">Cruces Forex<\/div>\r\n <div class=\"widgetActions\">\r\n <button class=\"iconBtn js-fullscreen\" type=\"button\" aria-label=\"Pantalla completa\">\u2922<\/button>\r\n <\/div>\r\n <\/div>\r\n <div class=\"widgetBody big\" id=\"wFxCross\">\r\n <!-- TradingView Widget BEGIN -->\r\n <div class=\"tradingview-widget-container\">\r\n <div class=\"tradingview-widget-container__widget\"><\/div>\r\n <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-forex-cross-rates.js\" async>\r\n {\r\n \"width\": \"100%\",\r\n \"height\": \"760\",\r\n \"currencies\": [\"EUR\",\"USD\",\"JPY\",\"GBP\",\"CHF\",\"AUD\",\"CAD\",\"NZD\"],\r\n \"isTransparent\": false,\r\n \"colorTheme\": \"light\",\r\n \"locale\": \"es\",\r\n \"backgroundColor\": \"#ffffff\"\r\n }\r\n <\/script>\r\n <\/div>\r\n <!-- TradingView Widget END -->\r\n <\/div>\r\n <\/div>\r\n\r\n <div class=\"widget reveal\" data-fs-title=\"Mapa de calor Forex\" data-fs-id=\"wFxHeat\">\r\n <div class=\"widgetHead\">\r\n <div class=\"t\">Mapa de calor Forex<\/div>\r\n <div class=\"widgetActions\">\r\n <button class=\"iconBtn js-fullscreen\" type=\"button\" aria-label=\"Pantalla completa\">\u2922<\/button>\r\n <\/div>\r\n <\/div>\r\n <div class=\"widgetBody big\" id=\"wFxHeat\">\r\n <!-- TradingView Widget BEGIN -->\r\n <div class=\"tradingview-widget-container\">\r\n <div class=\"tradingview-widget-container__widget\"><\/div>\r\n <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-forex-heat-map.js\" async>\r\n {\r\n \"width\": \"100%\",\r\n \"height\": \"760\",\r\n \"currencies\": [\"EUR\",\"USD\",\"JPY\",\"GBP\",\"CHF\",\"AUD\",\"CAD\",\"NZD\",\"CNY\"],\r\n \"isTransparent\": false,\r\n \"colorTheme\": \"light\",\r\n \"locale\": \"es\",\r\n \"backgroundColor\": \"#ffffff\"\r\n }\r\n <\/script>\r\n <\/div>\r\n <!-- TradingView Widget END -->\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n <div class=\"ctaBand reveal\">\r\n <div>\r\n <h3>Macro + t\u00e9cnico + riesgo = ventaja<\/h3>\r\n <p>Si la macro te pone en el lado correcto del mercado, el t\u00e9cnico te da timing y el riesgo te mantiene vivo.<\/p>\r\n <\/div>\r\n <div style=\"display:flex;gap:10px;flex-wrap:wrap;position:relative;z-index:1\">\r\n <a class=\"btn btn-ghost\" href=\"https:\/\/www.blackholdcapital.com\/analisis-tecnico\/\">An\u00e1lisis t\u00e9cnico<\/a>\r\n <a class=\"btn btn-ghost\" href=\"https:\/\/www.blackholdcapital.com\/plan-de-trading\/\">Plan<\/a>\r\n <a class=\"btn btn-solid\" href=\"https:\/\/www.blackholdcapital.com\/mercados\/\">Mercados<\/a>\r\n <\/div>\r\n <\/div>\r\n <\/section>\r\n <\/div>\r\n\r\n <!-- FAQ -->\r\n <section id=\"faq\">\r\n <div class=\"reveal\">\r\n <div class=\"kicker\">FAQ<\/div>\r\n <h2>Preguntas frecuentes<\/h2>\r\n <p class=\"sub\">Macro para operar: claro, usable y sin humo.<\/p>\r\n <\/div>\r\n\r\n <div class=\"faqGrid reveal\">\r\n <details>\r\n <summary>\u00bfLa macro sirve para intrad\u00eda?<\/summary>\r\n <p>S\u00ed, como filtro: eventos, volatilidad y direcci\u00f3n general. El timing es t\u00e9cnico.<\/p>\r\n <\/details>\r\n <details>\r\n <summary>\u00bfQu\u00e9 dato importa m\u00e1s?<\/summary>\r\n <p>Depende del ciclo. En inflaci\u00f3n alta, CPI\/PCE y tipos pesan m\u00e1s. En recesi\u00f3n, empleo y cr\u00e9dito.<\/p>\r\n <\/details>\r\n <details>\r\n <summary>\u00bfC\u00f3mo usar el calendario?<\/summary>\r\n <p>Define escenarios antes del evento. Evita entrar en la primera vela. Espera confirmaci\u00f3n.<\/p>\r\n <\/details>\r\n <details>\r\n <summary>\u00bfPor qu\u00e9 pantalla completa?<\/summary>\r\n <p>Porque analizar requiere espacio. Movemos el widget real al modal y lo devolvemos sin romper la est\u00e9tica.<\/p>\r\n <\/details>\r\n <\/div>\r\n\r\n <div class=\"ctaBand reveal\">\r\n <div>\r\n <h3>Si no entiendes el ciclo, el mercado te arrastra<\/h3>\r\n <p>En BlackHold Capital trabajamos con proceso, no con impulsos.<\/p>\r\n <\/div>\r\n <a class=\"btn btn-solid\" href=\"https:\/\/www.blackholdcapital.com\/\">Volver a Inicio<\/a>\r\n <\/div>\r\n <\/section>\r\n\r\n <\/main>\r\n <\/div>\r\n <\/div>\r\n\r\n <!-- FULLSCREEN MODAL -->\r\n <div class=\"fsOverlay\" id=\"fsOverlay\" aria-hidden=\"true\"><\/div>\r\n <div class=\"fsModal\" id=\"fsModal\" role=\"dialog\" aria-modal=\"true\" aria-label=\"Pantalla completa\">\r\n <div class=\"fsTop\">\r\n <div class=\"fsTitle\" id=\"fsTitle\">Pantalla completa<\/div>\r\n <button class=\"fsClose\" id=\"fsClose\" type=\"button\" aria-label=\"Cerrar\">\u00d7<\/button>\r\n <\/div>\r\n <div class=\"fsBody\">\r\n <div class=\"fsSlot\" id=\"fsSlot\"><\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n<\/div>\r\n\r\n<script>\r\n(function(){\r\n const root = document.getElementById('bhc-macro');\r\n if(!root) return;\r\n\r\n \/\/ Scroll progress\r\n const prog = document.getElementById('bhcProg');\r\n function onScroll(){\r\n const doc = document.documentElement;\r\n const scrollTop = doc.scrollTop || document.body.scrollTop;\r\n const height = (doc.scrollHeight - 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