Possible scenario
Miller Takes Control
35% Chance
Stephen Miller is the most ideologically aligned option and has already accumulated broad White House influence. If Trump prioritizes loyalty, immigration enforcement, and internal discipline over congressional management, Miller becomes the leading successor to Susie Wiles.
Initial impacts
- Market volatility Up
- Riskier companies' borrowing costs Up
- 10-year Treasury yield Down
Secondary impacts
- Technology -0.2%
- Consumer Cyclicals -0.2%
- Business Services +0.1%
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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