Possible scenario
Rapid Military Escalation
20% Chance
Russia accelerates the basing plan and uses the deployment to expand strike options against western Ukraine and NATO supply corridors. This is less likely than a limited deployment because it raises alliance-response risks, but Russia’s missile production rate makes a sharper escalation plausible.
Initial impacts
- Riskier companies' borrowing costs Up
- Market volatility Up
- 10-year Treasury yield Down
- Bitcoin Down
- Oil prices Up
- US dollar Up
Secondary impacts
- Technology
Portfolio impact
S&P 500-2.0%
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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