Possible scenario
Ukraine Retaliates Locally
25% Chance
Ukraine is likely to answer the attack with limited strikes on Russian military logistics, air-defense positions, or depots supporting operations in Donetsk. This would keep the war inside its current escalation band while increasing short-term geopolitical risk premia.
Initial impacts
- Market volatility Up
- 10-year Treasury yield Down
- Oil prices Up
Secondary impacts
- Industrials +0.4%
Tickers
- +0.4%
Portfolio impact
S&P 500-0.1%
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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