Possible scenario
Administration Runs Clock
30% Chance
The Trump administration resists repayment and relies on procedural delay, internal legal opinions and partisan gridlock. This outcome is plausible because the dollar amount is politically salient but not large enough to force immediate market or fiscal consequences.
Portfolio impact
S&P 5000.0%
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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