Possible scenario
Maryland Program Upheld
25% Chance
A narrower majority could conclude that the Constitution does not forbid race-neutral admissions tools merely because officials were aware of racial effects. This would preserve flexibility for school districts after the Court’s 2023 college-admissions ruling, especially where policies use income, geography, or lottery elements rather than explicit racial classifications.
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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