What if Hormuz and the Red Sea are disrupted simultaneously and overwhelm rerouting capacity?
Concurrent disruption of two major maritime chokepoints (e.g. Hormuz plus Red Sea) overwhelms rerouting capacity, spiking freight, oil and insurance in a compound supply shock.
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 0–6 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 risk-off shock. Concurrent disruption of two major maritime chokepoints (e.g. Hormuz plus Red Sea) overwhelms rerouting capacity, spiking freight, oil and insurance in a compound supply shock. The trigger decomposes into signed root‑shocks — Geopolitical risk ▲ · Inflation surprise ▲ · Oil supply risk ▲ · Risk appetite ▼ · Trade tension ▲ — 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 | Volatility (VIX) VIXon Hyperliquid 📈 chart | Vol | ▲ +10.8% hist +3.62–+7.03% · other way -3.16% (n=12) |
| 2 | Nasdaq 100 NDXon Hyperliquid 📈 chart | Index | ▼ -6.8% hist -3.65–-2.04% · other way -0.58% (n=12) |
| 3 | Tech sector XLK 📈 chart | Equity | ▼ -5.0% hist -3.08–-1.58% · other way -0.48% (n=12) |
| 4 | Semiconductors SMHon Hyperliquid 📈 chart | Equity | ▼ -3.8% hist -2.4–-1.41% · other way +0.56% (n=12) |
| 5 | Brent crude BRENTon Hyperliquid 📈 chart | Commodity | ▲ +3.6% hist +0.14–+2.22% · other way -3.86% (n=12) |
| 6 | MicroStrategy MSTRon Hyperliquid 📈 chart | Equity | ▼ -3.5% hist -3.09–+0.73% · other way +30.65% (n=12) |
| 7 | S&P 500 SPXon Hyperliquid 📈 chart | Index | ▼ -2.9% hist -2.99–-0.46% · other way +1.53% (n=12) |
| 8 | WTI crude CLon Hyperliquid 📈 chart | Commodity | ▲ +2.8% hist -1.51–+1.74% · other way -3.53% (n=12) |
| 9 | Nvidia NVDAon Hyperliquid 📈 chart | Equity | ▼ -3.0% hist -4.83–+0.15% · other way +1.2% (n=12) |
| 10 | Solana SOLon Hyperliquid 📈 chart | Crypto | ▼ -2.6% hist -1.53–-0.47% · other way -2.2% (n=12) |
| 11 | TSMC TSMon Hyperliquid 📈 chart | Equity | ▼ -2.8% hist -2.82–-0.38% · other way +1.09% (n=12) |
| 12 | AMD AMDon Hyperliquid 📈 chart | Equity | ▼ -2.5% hist -2.04–-0.39% · other way -0.85% (n=12) |
| 13 | Broadcom AVGOon Hyperliquid 📈 chart | Equity | ▼ -2.5% hist -1.9–+0.36% · other way -2.41% (n=12) |
| 14 | Micron MUon Hyperliquid 📈 chart | Equity | ▼ -2.5% hist -1.58–-0.86% · other way +1.98% (n=12) |
Probable recommendation
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.
| Asset | History says | Abnormal (20d · 5d) | Hit | n | Confidence | vs cascade |
|---|---|---|---|---|---|---|
| HOOD HOOD | LONG | +8.3% · 5d +0.8% | 74% | 17 | 0.43 | ⚠ differs |
| COIN COIN | LONG | +10.6% · 5d +3.7% | 74% | 17 | 0.41 | ⚠ differs |
| CNY CNY | SHORT | -0.8% · 5d -0.2% | 69% | 34 | 0.38 | ✓ matches cascade |
| BABA BABA | SHORT | -2.7% · 5d -2.6% | 68% | 31 | 0.32 | ✓ matches cascade |
| AMD AMD | SHORT | -0.9% · 5d -0.8% | 68% | 35 | 0.29 | ✓ matches cascade |
| XCU XCU | SHORT | -0.6% · 5d -0.6% | 67% | 34 | 0.27 | ✓ matches cascade |
| NVDA NVDA | SHORT | -3.1% · 5d -5.0% | 65% | 34 | 0.25 | ✓ matches cascade |
| 10y yield DGS10 | LONG | +12bp · 5d +7bp | 62% | 39 | 0.23 | ✓ matches cascade |
| AUD AUD | SHORT | -1.1% · 5d -0.3% | 64% | 34 | 0.22 | ✓ matches cascade |
| CL CL | SHORT | -2.5% · 5d -1.9% | 63% | 34 | 0.21 | ⚠ differs |
| KWEB KWEB | SHORT | -1.5% · 5d -1.0% | 62% | 31 | 0.21 | ✓ matches cascade |
| SOL SOL | LONG | +0.4% · 5d -6.8% ↺ fades | 66% | 17 | 0.20 | ⚠ differs |
| ETH ETH | SHORT | -2.9% · 5d -4.5% | 63% | 27 | 0.20 | ✓ matches cascade |
| USDJPY USDJPY | LONG | +1.4% · 5d +0.3% | 61% | 34 | 0.20 | ✓ matches cascade |