Milei’s decisive victory in Argentina’s October 2025 midterm elections, where his La Libertad Avanza coalition expanded its congressional bench substantially, has anchored trader expectations that he will complete his term through 2027. This legislative buffer has enabled continued pursuit of austerity measures and reforms while blunting opposition efforts at impeachment or censure, even as approval ratings have fluctuated near 35-40 percent amid persistent inflation concerns and isolated corruption cases involving aides. Fragmented rivals have struggled to convert public fatigue into a viable removal path. Late-stage developments such as major new scandals, a sharp economic reversal, or health-related incapacity remain the primary variables that could still shift removal odds within the resolution window.