
The internet tried to diagnose the president by hashtag.
Then he popped up in the Oval and moved Space Command.
We’re pricing the risk with markets, not wishcasting. Here’s the signal, stripped of sludge.
Why the frenzy lit up
A brief public lull plus recycled bruise pics plus doom-scroll rumor loops. Perfect storm for bad takes.
What actually happened
On-camera Oval appearance. Space Command announcement. Rumors ate pavement.
The medical paper trail
Latest on-record physician memos this year; nothing new or damning in public docs.
Market read: Kalshi
“Out in 2025?” sits low single-digits. Tail risk, not base case.
Market read: Polymarket
Similar single-digit pricing. Headlines jiggle; facts move.
Intraday noise
“Resign today” side contracts spike on rumor, fade when cameras roll.
What would actually move odds
Verified hospitalization. A physician memo with new clinical facts. Transfer of duties. A dated resignation timeline.
Why the rumors persist
Sparse medical detail + visibility gaps = content-farm catnip. Markets price paperwork, not posts.
Base case
Odds stay single-digits and drift unless new, documented info lands.
Prediction
He finishes 2025. If that changes, it shows up first in an official memo — then in prices.