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Top JPMorgan Strategist Predicts Joe Biden Will Drop Out Of 2024 Presidential Race

Top JPMorgan Strategist Predicts Joe Biden Will Drop Out Of 2024 Presidential Race

NDTV
Tuesday, January 09, 2024 10:03:03 AM UTC

JPMorgan strategist said President Biden would drop out from the race "sometime between Super Tuesday and the November election, citing health reasons."

A top JPMorgan strategist has predicted that US President Joe Biden will drop out of the 2024 presidential race, Fox Business reported. JPMorgan Asset Management strategist Michael Cembalest said President Biden would drop out from the race "sometime between Super Tuesday and the November election, citing health reasons." Notably, Mr. Cembalest is the Chairman of Market and Investment Strategy for J.P. Morgan Asset and Wealth Management.

The full prediction states that ''President Biden withdraws sometime between Super Tuesday and the November election, citing health reasons. Biden passes the torch to a replacement candidate named by the Democratic National Committee.'' 

Super Tuesday is set for March 5, with 16 states and territories holding their primaries and caucuses on that day.

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