{
  "matrix_name": "Global Macro Correlations (2020-2024 Regime)",
  "assets": ["S&P 500", "US 10Y Yield", "USD Index (DXY)", "Gold", "Bitcoin", "Oil (WTI)"],
  "correlations": [
    {"pair": ["S&P 500", "US 10Y Yield"], "value": -0.65, "regime": "Inflationary"},
    {"pair": ["S&P 500", "US 10Y Yield"], "value": 0.40, "regime": "Growth Shock (Deflationary)"},
    {"pair": ["USD Index", "Gold"], "value": -0.80, "note": "Strong inverse relationship"},
    {"pair": ["Bitcoin", "S&P 500"], "value": 0.75, "note": "High Beta Tech proxy"},
    {"pair": ["Oil", "USD Index"], "value": -0.40, "note": "Commodity currency effect"}
  ],
  "lead_lag": [
    {"driver": "US 10Y Yield", "follower": "Growth Stocks", "lag": "Immediate"},
    {"driver": "Copper", "follower": "Emerging Markets", "lag": "3 Months"}
  ]
}