President Lee Jae-myung’s Democratic Party holds a clear majority in the National Assembly, making it structurally difficult for the opposition People Power Party to secure the two-thirds vote required for impeachment. Recent polling shows his approval rating fluctuating in the mid-to-high 30s to low 40s, with no sustained collapse that would shift cross-party support. Opposition criticism has centered on budget debates, suspended criminal cases, and judicial nominations, but these have produced routine parliamentary friction rather than viable impeachment momentum. A 2026 petition drive reached signature thresholds yet stalled without committee advancement. Traders appear to view the combination of institutional barriers, party arithmetic, and absence of acute catalysts as preserving the current trajectory through the end of 2026.