JPMorgan Strategist Predicts Biden May Withdraw from 2024 Presidential Race
Concerns over Biden's age and low approval ratings cited as potential reasons for withdrawal, with the Democratic National Committee to name a replacement candidate if necessary.
- Michael Cembalest, a top strategist at JPMorgan, predicts that President Joe Biden may withdraw from the 2024 presidential race between Super Tuesday and the November election, citing health reasons.
- Cembalest's prediction is part of his list of 'top ten possible surprises for 2024'.
- Biden's low approval ratings and concerns over his age have been cited as potential reasons for his withdrawal.
- If Biden were to drop out, the Democratic National Committee would name a replacement candidate.
- Despite these predictions, Biden has previously announced his intention to seek re-election and has dismissed concerns about his age.