Possible scenario
Diplomatic De-escalation
20% Chance
Omani and possibly U.N. mediation creates a narrow path back to truce talks despite the airport deaths. This outcome is less likely than retaliation or a contained investigation, but both Saudi Arabia and the Houthis have reasons to avoid a prolonged exchange that damages airports, shipping, and energy infrastructure.
Initial impacts
- Market volatility Down
- Riskier companies' borrowing costs Down
- Oil prices Down
Secondary impacts
- Consumer Services +0.6%
- Energy -0.4%
Tickers
Portfolio impact
S&P 500+0.3%
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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