Possible scenario
Uncontrolled Domestic Collapse
22% Chance
Iran's fiscal and currency crisis outruns the state's administrative capacity, triggering payment failures and open elite disputes. This remains more likely to be an economic and political rupture than an immediate external war, but markets would price higher oil and risk premiums.
Initial impacts
- Riskier companies' borrowing costs Up
- Market volatility Up
- 10-year Treasury yield Down
- Oil prices Up
- US dollar Up
Secondary impacts
- Energy +3.5%
- Finance
Portfolio impact
S&P 500-1.7%
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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