BUILD A SCENARIOThree quick choices

What happens
if this changes?

Choose one starting force. We’ll follow its most important effects and show you why the usual story can break.

WHAT CHANGED?Choose another concept ↗

Same change.
Different world.

The reason and the prior expectation can matter more than the headline move.

WHAT KIND OF ENVIRONMENT?See all six regimes ↗
WAS IT EXPECTED?

When are
you looking?

Effects appear only after their modeled lag. A missing result may simply not have arrived yet.

FED POLICY RATE RISES · SOFT LANDING · A FEW MONTHS

Follow the
strongest signals.

These are the largest visible pressures at this horizon, not forecasts. Pick one to understand the argument behind it.

STARTING FORCE↑Fed FundsFed Funds +100 bps
→

Yield Curve
moves down. Usually.

Soft landing changes the balance of forces. A higher 2Y flattens the 10Y-minus-2Y curve.

A model uncertainty band, not a formal forecast probability. Learn more−95 bps to −25 bpsA qualitative evidence and uncertainty classification, not a probability. Learn morevery-highWhen the modeled pathway has had enough time to appear. Learn moreImmediate
Why could this be wrong? +

↳ The 10Y rises more.

↳ The 2Y rises more.

↑ Back to results
WANT THE FULL SYSTEM?

Go deeper
when you’re ready.

Stack shocks, choose any of 20 concepts, compare all six regimes, inspect every connection, and stress-test the assumptions.

Open the full Model Lab ↗Explore concepts and terminologyLearn how Knock On works