Possible scenario
Direct Base Retaliation
25% Chance
Iran follows through on its threat by targeting U.S. bases or logistics hubs in the Gulf with missiles or drones. The U.S. is likely to answer with additional strikes on Iranian military assets, creating a sharper but still potentially bounded escalation.
Initial impacts
- Riskier companies' borrowing costs Up
- Market volatility Up
- 10-year Treasury yield Down
- Oil prices Up
- US dollar Up
Secondary impacts
- Energy +2.9%
Portfolio impact
S&P 500-1.3%
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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