An impact chain states how a security development transmits into economic exposure or civilian impact, one step at a time, and grades how firmly each step is established. The grading is the point: a mechanism Vigil assesses as likely is shown differently from one that is documented, and a step can never be graded more firmly than the step it depends on.
Risk context, not investment advice. These records explain mechanisms and state how firmly each link is established. They contain no prices, tickers, named securities, forecasts or recommendations, and nothing here should be read as a view on any asset.