Traders price "Nothing" at 99.9% for May because the month lacked scheduled high-stakes elections, major legislative votes, confirmation hearings, or acute geopolitical escalations that typically move prediction markets. No unexpected diplomatic breakthroughs, court rulings, or executive actions emerged to alter the baseline stability. This aligns with historical patterns of lower event density outside peak political cycles. While late-breaking developments such as sudden sanctions announcements, treaty signings, or leadership transitions remain theoretically possible until final resolution, none materialized to shift the overwhelming consensus.