Academy Securities has a crack at what it means.
Academy has published two brief SITREPS on the events of the past 48 hours in Russia. We are having multiple discussions on the subject attempting to sort through the possibilities and you should expect another SITREP on this “incredible” development. “Incredible” from the standpoint that virtually no one saw it coming, that it is the first real “challenge” to Putin and that somehow, Belarus apparently played the role of mediator.
For now, some key takeaways are:
