Lee Jae-myung’s position as South Korea’s president remains firmly entrenched nearly a year into his term, with traders assigning just a 7% chance of removal in 2026. His Democratic Party holds a legislative majority that blocks any realistic impeachment path, while constitutional protections have suspended prior legal proceedings. Recent actions, including the April 2026 supplementary budget to address the energy crisis from Middle East conflicts and continued outreach to North Korea under the peace coexistence framework, reinforce policy continuity and public focus on economic recovery. Absent sudden health issues, major scandals, or an unforeseen opposition surge, these structural and political factors sustain the market’s strong expectation of stability through the year.