Former Israeli leaders Naftali Bennett and Yair Lapid have launched a new political party named Beyachad. This move signals a significant realignment of the opposition, aiming to challenge Prime Minister Benjamin Netanyahu's long-standing tenure.
The formation of Beyachad is seen as a concrete step by the "change bloc" to consolidate its forces. While specific election timelines remain uncertain, prediction markets are factoring in potential shifts, with a contract related to Netanyahu's departure by June 30 currently trading at 6% YES. This indicates a low but present trader expectation for a significant political development by that date.
Bennett and Lapid previously served together in a coalition government that ultimately dissolved. Their renewed partnership suggests a determined effort to present a unified front against the current leadership. Betting on Netanyahu's departure by June 30 at current market prices offers a substantial potential return, contingent on the opposition's sustained unity and the materialization of early elections or a coalition crisis before the deadline.