What if Industrial slowdown craters diesel and gasoil demand?
A manufacturing and construction downturn slashes industrial diesel and gasoil consumption, swelling distillate stocks and dragging crude lower; the demand loss compounds the structural surplus.
how we built this number — every step
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.
What it would mean
If this plays out, it is a mixed shock. A manufacturing and construction downturn slashes industrial diesel and gasoil consumption, swelling distillate stocks and dragging crude lower; the demand loss compounds the structural surplus. The trigger decomposes into signed root‑shocks — Diesel ▼ · Industrial demand ▼ · Oil demand ▼ · Recession signal ▲ — 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.
| Market | Class | Projected move | |
|---|---|---|---|
| 1 | Freeport (copper) FCX 📈 chart | Equity | ▼ -0.3% hist -1.1–+1.72% · other way +0.45% (n=11) |
| 2 | WTI crude CLon Hyperliquid 📈 chart | Commodity | ▼ -0.3% hist -0.64–+0.88% · other way -1.54% (n=11) |
| 3 | Financials XLF 📈 chart | Equity | ▼ -0.2% hist -1.3–+0.27% · other way +1.86% (n=11) |
| 4 | Solana SOLon Hyperliquid 📈 chart | Crypto | ▼ -0.2% hist -4.3–+4.88% · other way +3.67% (n=8) |
| 5 | High-yield credit HYG 📈 chart | Rate | ▼ -0.2% hist -0.52–+0.79% · other way -0.58% (n=11) |
| 6 | Copper XCUon Hyperliquid 📈 chart | Commodity | ▼ -0.1% hist -1.63–+0.43% · other way -0.14% (n=11) |
| 7 | MicroStrategy MSTRon Hyperliquid 📈 chart | Equity | ▼ -0.2% hist -1.53–+3.49% · other way +8.68% (n=11) |
Probable recommendation
Historical precedent — what analogous events actually did
Across 36 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.
| Asset | History says | Abnormal (20d · 5d) | Hit | n | Confidence | vs cascade |
|---|---|---|---|---|---|---|
| 10y yield DGS10 | SHORT | -6bp · 5d +1bp ↺ fades | 68% | 36 | 0.31 | · |
| XLF XLF | SHORT | -1.1% · 5d -0.5% | 66% | 28 | 0.28 | ✓ matches cascade |
| XCU XCU | SHORT | -1.4% · 5d -0.8% | 62% | 28 | 0.24 | ✓ matches cascade |
| Gold XAU | LONG | +1.1% · 5d -0.1% ↺ fades | 62% | 28 | 0.24 | · |
| MSTR MSTR | LONG | +3.4% · 5d -4.4% ↺ fades | 56% | 28 | 0.10 | ⚠ differs |
| US dollar DXY | LONG | +0.2% · 5d +0.1% | 53% | 36 | 0.05 | · |
| FCX FCX | LONG | +1.9% · 5d +1.3% | 50% | 28 | 0.00 | ⚠ differs |
| CL CL | LONG | +1.0% · 5d -1.2% ↺ fades | 44% | 28 | 0.00 | ⚠ differs |
| SOL SOL | LONG | +5.4% · 5d -6.9% ↺ fades | 50% | 11 | 0.00 | ⚠ differs |
| High-yield credit HYG | LONG | +0.9% · 5d -0.3% ↺ fades | 50% | 26 | 0.00 | ⚠ differs |
| Volatility VIX | SHORT | -2.0% · 5d -0.1% | 48% | 29 | 0.00 | · |
| Bitcoin BTC | LONG | +1.5% · 5d -2.9% ↺ fades | 38% | 18 | 0.00 | · |