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Geopolitics

Putin out as President of Russia by June 30?

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Bulls Say, Bears Say

Bulls Say

Sudden health crisis or elite coup could rapidly destabilize Putin's grip on power

Prolonged Ukraine war failures have historically triggered unexpected leadership collapses

Palace intrigue among oligarchs and security services remains an ever-present wildcard

Bears Say

At 2% probability, markets already price this as near-impossible within the timeframe

Putin has consolidated control over military, FSB, and political institutions for 25 years

No credible opposition movement, elite defection, or health crisis is currently signaled

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