Ukraine nuclear scenarios: black enough for you?

A nuclear strike on Ukraine would open the door to the pit; our readers guessed how markets would fare, with surprising results

This article is part of’s series of crowdsourced scenario-generation exercises. Click here to download a pdf of the full results.

Earlier editions of’s scenario exercises have surprised participants with the severity of some of the possible outcomes. In our latest – and bleakest – scenario, the surprise for some is that the computed outcomes are so mild.

More than 50 readers joined the exercise, offering their take on stock index levels, oil prices and bond yields in the

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