Accusation Loses Momentum

The most likely outcome is that Sen. Eric Schmitt’s perjury accusation weakens after the reviewed texts fail to support a concrete contradiction in Jack Smith’s testimony. Republican offices may continue criticizing Smith’s conduct, but the factual basis for a formal perjury case becomes harder to sustain.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.