Possible scenario
Conventional Kyiv Barrage
45% Chance
Russia follows the diplomat warning with a large but conventional missile and drone campaign against Kyiv command, power, bridge, and rail targets. This is the most likely path because the warning resembles prior efforts to reduce diplomatic fallout before high-intensity strikes while avoiding direct NATO casualties.
Initial impacts
- Riskier companies' borrowing costs Up
- Market volatility Up
- 10-year Treasury yield Down
- Oil prices Up
- US dollar Up
Secondary impacts
- Consumer Cyclicals -1.2%
Portfolio impact
S&P 500-1.2%
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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