JP Morgan Strategist: Biden Will Drop Out Of 2024 Race Due To Poor Health
(Steve Watson) JP Morgan Asset Management strategist Michael Cembalest has predicted that Joe Biden will not make it to the 2024 election in November and will drop out of the race due to poor health.
Cembalest suggests that Biden will exit the race “sometime between Super Tuesday and the November election.”
Super Tuesday is on the 5th of March, as 16 states and territories are scheduled to hold primaries and caucuses.
Cembalest predicts that Americans will look on as Biden “passes the torch to a replacement candidate named by the Democratic National Committee.”
The strategist notes that “Biden has a low approval rating for a President with ~10% job creation since his inauguration.”
Biden was seen this past weekend having to be led on and off stage by his wife for a 32 minute rant about Donald Trump and his supporters, the only thing he has done for more than a fortnight. He also looked completely lost after arriving in Delaware upon the conclusion of the speech.
Trump himself recently said that he expects neither Biden nor Kamala Harris to be his opponent come November.
The JP Morgan strategist’s prediction came as part of a list of “top ten possible surprises for 2024,” which also included the suggestion that cities in New York, Texas, Pennsylvania, Wisconsin and Tennessee, could suffer rolling electricity blackouts because of natural gas shortages,
Cembalest also foresees the introduction of a new inhaled COVID vaccine.
