Possible scenario
Consensus Candidate Emerges
22% Chance
If Johnson and Stefanik split the conference, Republicans may turn to a more traditional leadership figure to avoid another spectacle like the 2023 speaker fight. Steve Scalise or Tom Emmer could present themselves as steadier managers for a minority caucus.
Initial impacts
- Market volatility Down
- Riskier companies' borrowing costs Down
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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