Guarded Continuity

Mehrdad Akhlaghi uses his missile-program credentials to reassure parliament and the IRGC while avoiding immediate steps that force an Israeli or U.S. response. This is the base case because the confirmation vote was overwhelming and Tehran still has incentives to preserve deterrence without inviting another strike.

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