Possible scenario
Crackdown Deepens
25% Chance
The central government treats the protests as a security challenge and expands arrests under public-order and unlawful-assembly provisions. This outcome is plausible because the detention of Cockroach Party figures suggests a willingness to use coercive tools before the courts settle the voter-roll dispute.
Initial impacts
- Market volatility Up
- Riskier companies' borrowing costs Up
- 10-year Treasury yield Down
- US dollar Up
Secondary impacts
- Finance -1.1%
- Technology -0.8%
Portfolio impact
S&P 500-0.7%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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