Possible scenario
Major Fire Damage
20% Chance
One or more brush fires escape early containment and damage neighborhoods or commercial property. The immediate market reaction is concentrated in California-exposed utilities and, to a lesser extent, insurers with property exposure in the state.
Secondary impacts
- Utilities -3.2%
- Finance -0.6%
Tickers
- EIX-7.4%
- PCG-6.7%
Portfolio impact
S&P 500-0.1%
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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