Possible scenario
Extended Toss-Up
18% Chance
The race remains effectively tied through late October and Election Day, with neither candidate able to create separation. Given the 51%-49% poll and Texas's partisan baseline, a prolonged toss-up is realistic if turnout models and late persuasion remain unstable.
Initial impacts
- Market volatility Up
- Riskier companies' borrowing costs Up
- 10-year Treasury yield Down
Secondary impacts
- Finance -0.2%
Portfolio impact
S&P 500-0.2%
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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