curl -X GET -H "x-api-key: $SECAPI_API_KEY" -H "secapi-version: 2026-03-19" "https://api.secapi.ai/v1/factors/macro-sensitivity?country=US&scenario_key=higher_for_longer&factors=VALUE,QUALITY,MOMENTUM&response_mode=compact"

{
  "object": "factor_macro_sensitivity",
  "responseMode": "compact",
  "id": "factor_macro_sensitivity_US_higher_for_longer",
  "asOf": "2026-07-24",
  "country": "US",
  "scenarioKey": "higher_for_longer",
  "rows": [
    {
      "factorKey": "VALUE",
      "indicatorKey": "policy_rate",
      "macroShockKey": "higher_for_longer",
      "sensitivity": -0.42,
      "direction": "headwind",
      "confidence": "medium",
      "rationale": "Higher discount rates can pressure long-duration value exposures and slow multiple expansion.",
      "observationCount": null,
      "methodology": "macro_regime_overlay_v1"
    },
    {
      "factorKey": "QUALITY",
      "indicatorKey": "credit_spread",
      "macroShockKey": "higher_for_longer",
      "sensitivity": 0.31,
      "direction": "tailwind",
      "confidence": "medium",
      "rationale": "Balance-sheet quality can matter more when financing conditions tighten.",
      "observationCount": null,
      "methodology": "macro_regime_overlay_v1"
    }
  ],
  "topTailwinds": [
    "QUALITY"
  ],
  "topHeadwinds": [
    "VALUE"
  ],
  "limitations": [
    "Scenario output is an explainable research overlay, not a point-in-time empirical regression."
  ],
  "summaryMd": "Under the higher-for-longer scenario, QUALITY screens as a relative tailwind and VALUE as a relative headwind.",
  "requestId": "req_2ZK8Q1W9F4M6P7R3",
  "traceparent": "00-4bf92f3577b34da6a3ce929d0e0e4736-00f067aa0ba902b7-01"
}