Possible scenario
Cease-Fire Framework Advances
42% Chance
Putin's acceptance leads to a workable cease-fire framework rather than a final peace treaty. The most likely near-term path is a freeze in major combat operations, monitored implementation talks, prisoner exchanges, and phased discussion of sanctions relief.
Initial impacts
- Riskier companies' borrowing costs Down
- Market volatility Down
- 10-year Treasury yield Up
- Oil prices Down
- Copper Up
- US dollar Down
Secondary impacts
- Finance
Portfolio impact
S&P 500+1.9%
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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