Possible scenario
Plot Becomes Operational
25% Chance
The most dangerous near-term risk is that Iranian intelligence or proxy networks move from threats to action against U.S. officials, former officials, or diplomatic personnel. Even if disrupted, confirmation of an active operation would harden U.S. policy and raise geopolitical risk premia.
Initial impacts
- Market volatility Up
- Riskier companies' borrowing costs Up
- 10-year Treasury yield Down
- Oil prices Up
- US dollar Up
Secondary impacts
- Energy +1.7%
Portfolio impact
S&P 500-0.9%
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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