📈 Markets & Finance risk-off · 6–18 months
A what‑if from the future

What if Golden Dome missile-defense program ignites a space/sensor spending boom?

The US 'Golden Dome' homeland missile-defense initiative funds interceptors, space sensors and C2, lifting RTX, L3Harris, Lockheed and space-defense suppliers.

36%
our model probability
over 6–18 months
prediction markets — wisdom of the crowd
loading live odds…
Empirically anchored 36% · 90% range 19–54% · 40 analogues · measured class defense 84% in 18 mo · 3% held back for the unknown
how we built this number — every step
Measured class rate — defense ≈1.2155/yr → 84% in 18 mo84%
Analyst prior · editorial share 48% of the class40%
Pooled · weight 87%38%
Crowd — no liquid market
Reserve 3% · no extremizing (×1.0)38%
Published36%

The class rate is measured from our dated, sourced event library (decade-normalized Poisson — the full table is public at base_rates.json). The variant’s share within its class is the analyst’s editorial call, published so you can audit it. A wider range means thinner precedent. Full recipe: methodology · scored at Reality Check.

The butterfly cascade

How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.

Resolution timeline — how this probability is moving

Our model's odds (gold) over time vs the crowd's (Polymarket, blue), from the past toward the 6–18 months horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. The gold path is an illustrative reconstruction anchored to today's estimate — real dated events, not a live re-estimate history.

loading the timeline…

What it would mean

If this plays out, it is a risk-off shock. The US 'Golden Dome' homeland missile-defense initiative funds interceptors, space sensors and C2, lifting RTX, L3Harris, Lockheed and space-defense suppliers. The trigger decomposes into signed root‑shocks — Defense spending ▲ · Geopolitical risk ▲ · Risk appetite ▲ — which propagate through our causal graph to the markets below.

If it happens — the markets it would move

Biggest moves first. Projected moves are cascade-model priors; hist A–B% = what comparable past events actually did (measured abnormal returns), and model prior · unmeasured marks markets with no analogue backing yet. Tap any market for its price history.

MarketClassProjected move
1Volatility (VIX) VIXon Hyperliquid 📈 chartVol▲ +4.2%
hist -0.5–+7.79%
2Nasdaq 100 NDXon Hyperliquid 📈 chartIndex▼ -1.4%
hist -0.85–-0.48%
3Lockheed LMT 📈 chartEquity▲ +1.3%
hist -0.43–+2.66%
4Northrop NOC 📈 chartEquity▲ +1.2%
hist -0.29–+2.17%
5RTX RTXon Hyperliquid 📈 chartEquity▲ +1.0%
hist -0.89–+0.92%
6Tech sector XLK 📈 chartEquity▼ -0.9%
hist -0.64–-0.05%
7S&P 500 SPXon Hyperliquid 📈 chartIndex▼ -0.8%
hist -0.62–+0.09%
8Semiconductors SMHon Hyperliquid 📈 chartEquity▼ -0.7%
hist -0.6–-0.14%
9Gold XAUon Hyperliquid 📈 chartCommodity▲ +0.5%
hist +0.11–+0.39%
10Nvidia NVDAon Hyperliquid 📈 chartEquity▼ -0.5%
hist -1.47–+0.3%
11AMD AMDon Hyperliquid 📈 chartEquity▼ -0.5%
hist -0.67–+0.65%
12Broadcom AVGOon Hyperliquid 📈 chartEquity▼ -0.5%
hist -1.19–+3.61%
13Micron MUon Hyperliquid 📈 chartEquity▼ -0.5%
hist -2.78–+0.81%
14TSMC TSMon Hyperliquid 📈 chartEquity▼ -0.5%
hist -0.55–-0.06%

Probable recommendation

If the scenario above plays out, the probable cross‑asset positioning → a scenario‑conditional read, not personalized investment advice
Cash / hedgeRaise cash and hold the long hedges above; this scenario is net risk-off.
For a common-man portfolio: A typical stock-heavy portfolio is at risk. Consider trimming equities, raising cash, and a small gold hedge.
Also moves (not yet on Hyperliquid): Lockheed +1.3% · Northrop +1.2% · Tech sector -0.9% · High-yield credit -0.3% · Financials -0.2% · JPMorgan -0.2%

Historical precedent — what analogous events actually did

Across 40 analogous events (overlap‑weighted), as abnormal returns — market beta stripped, so it's the event's own effect, not the market backdrop. Shown at 20 days (persistent) and 5 days (immediate); ↺ fades = the two horizons disagree. Confidence = consistency × sample × significance.

Israel strikes Iran — Operation Rising Lion 2025-06 China retaliates to Liberation Day: 34% tariffs + rare-earth controls 2025-04 OPEC abandons output defense, opting for market share vs US shale 2014-11 Soviet August coup attempt against Gorbachev 1991-08 Cuban Missile Crisis 1962-10 Operation Sindoor: India strikes Pakistan after Pahalgam attack 2025-05 Gold tops $3,000 for the first time amid tariff and rate-cut fears 2025-03 October 2024 Iranian ballistic-missile attack on Israel 2024-10 Hezbollah pager and device explosions across Lebanon 2024-09 Nikkei 225 record single-day rebound 2024-08 Trump 'Taiwan should pay for defense' chip selloff 2024-07 Ukrainian drone strikes hit Russian refineries, lifting crude and gasoline 2024-03 Wagner Group mutiny against the Kremlin 2023-06 China fires ballistic missiles into Japan's EEZ during Taiwan drills 2022-08 Saudi-Russia oil price war 2020-03 Chinese yuan breaks 7 per dollar; US names China manipulator 2019-08 India's Balakot airstrike inside Pakistan 2019-02 Pulwama attack ignites India-Pakistan crisis 2019-02 Bitcoin Cash hash war capitulation 2018-11 Turkish lira crisis 2018-08 North Korea sixth nuclear test 2017-09 North Korea 'fire and fury' nuclear scare 2017-08 Egyptian revolution / Mubarak uprising 2011-01 2008 global rice crisis: Thai benchmark tops $1,000/ton 2008-04 Iraq invasion 2003 relief rally 2003-03 2001 Indian Parliament attack 2001-12 US airline stocks plunge ~40% on first trading day after 9/11 2001-09 Kargil War begins 1999-05 Hong Kong HKMA market intervention against speculators 1998-08 Hong Kong defends the peg with sky-high HIBOR 1997-10 Thai baht float / start of the Asian financial crisis 1997-07 Third Taiwan Strait Crisis 1996-03 Black Wednesday / ERM crisis 1992-09 Operation Desert Storm begins 1991-01 Tiananmen Square crackdown 1989-06 1986 oil price collapse 1986-02 Reagan assassination attempt 1981-03 Gold peaks at $850 1980-01 Iran hostage crisis / US freezes Iranian assets 1979-11 JFK assassination 1963-11
AssetHistory saysAbnormal (20d · 5d)HitnConfidencevs cascade
AVGO AVGOLONG+3.4% · 5d -0.9% ↺ fades64%21 0.26⚠ differs
MRVL MRVLSHORT-0.3% · 5d -3.1%68%25 0.26✓ matches cascade
Volatility VIXLONG+5.2% · 5d +1.5%64%33 0.25✓ matches cascade
High-yield credit HYGSHORT-0.6% · 5d -0.1%66%22 0.25✓ matches cascade
INTC INTCSHORT-3.1% · 5d -1.7%63%36 0.24✓ matches cascade
MU MUSHORT-2.4% · 5d -3.4%58%35 0.13✓ matches cascade
XLF XLFSHORT-0.2% · 5d -0.3%58%26 0.13✓ matches cascade
QCOM QCOMSHORT-1.2% · 5d -2.0%58%31 0.13✓ matches cascade
RTX RTXSHORT-1.4% · 5d -1.4%56%38 0.12⚠ differs
NVDA NVDASHORT-1.1% · 5d -4.1%58%26 0.12✓ matches cascade
JPM JPMLONG+0.9% · 5d -0.5% ↺ fades57%36 0.12⚠ differs
10y yield DGS10LONG+4bp · 5d +6bp56%38 0.12·
ASML ASMLSHORT-2.5% · 5d -2.8%56%30 0.09✓ matches cascade
US dollar DXYLONG+0.0% · 5d +0.2%55%38 0.09✓ matches cascade

Methodology. Probability and impact are anchored to history and scored against what actually happens — wins and losses, in public, at Reality Check. Crowd odds live from Polymarket & Kalshi. By Vikas Singh, Quantitative Strategist. Updated 2026-07-03.