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Will US withdraw from NATO by...?

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Bulls Say, Bears Say

Bulls Say

Trump administration has repeatedly questioned NATO's value and burden-sharing

Executive action could bypass Congressional opposition on alliance commitments

Slight 1-day price uptick suggests marginal renewed interest in this outcome

Bears Say

Congress passed bipartisan legislation making unilateral NATO withdrawal harder

No concrete withdrawal steps have been initiated or signaled

At 12¢, market consensus strongly rejects this outcome by year-end