Managed Attrition Narrative

Iranian leaders absorb the political cost of the disclosure by framing the missile crews as wartime martyrs rather than evidence of operational failure. Supreme National Security Council messaging emphasizes resilience, while the IRGC avoids a major immediate retaliation because its missile force has already suffered heavy attrition.

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