Possible scenario
Managed Diplomatic Drawdown
45% Chance
Western governments reduce their footprint in Kyiv but keep ambassadors, security teams, and crisis staff in Ukraine. This is the most likely near-term outcome because embassies have prior evacuation playbooks from 2022 and can shift operations west without severing diplomatic presence.
Initial impacts
- Market volatility Up
- Riskier companies' borrowing costs Up
- 10-year Treasury yield Down
- Oil prices Up
- US dollar Up
Secondary impacts
- Energy +0.4%
- Industrials
Portfolio impact
S&P 500-0.4%
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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