Humanitarian Response Expands

The most likely path is a larger UN, IOM, Djiboutian, and Ethiopian humanitarian response focused on recovery, survivor care, and family tracing. The death toll may rise modestly as missing passengers are found, but the event remains primarily a humanitarian crisis rather than a market-moving geopolitical shock.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.