In a surprising turn of events, JPMorgan strategist Michael Cemblast has made a bold prediction that President Joe Biden will withdraw from the 2024 presidential race on health grounds. Cemblast, known for his unconventional forecasts, lists this as the third among his “surprise” predictions for the upcoming year.
The strategist speculates that Biden will make this decision following Super Tuesday, a crucial point in the primary election process when numerous states hold their elections and caucuses.
Health Concerns and Democratic Decision-Making
Cemblast suggests that President Biden will attribute his withdrawal to poor health and allow the Democratic National Committee (DNC) to determine his replacement for the 2024 election.
This prediction comes amid concerns about Biden’s age and recent instances that have fueled speculation about his state of mind, such as a moment of apparent confusion during an event in Valley Forge, Pennsylvania.
Michael Cemblast, a heavyweight at JPMorgan, points to President Biden’s low approval rating, despite a reported 10 percent job creation since his inauguration.
Cemblast notes that this approval rating may be influenced by the coincidental timing of Biden’s inauguration with the rollout of COVID-19 vaccines and the reopening of the U.S. economy.
The JPMorgan strategist also emphasizes the impact of President Biden’s poor polling numbers on his decision. A recent survey by the New York Times and Siena College revealed that only 37 percent of respondents trust Biden with the economy. These trust issues, particularly in economic matters, may further contribute to the challenges faced by the President.
Read more: Gas Prices Predicted To Plummet In 2024
Concerns Over Joe Biden Age
David Axelrod, a key figure in Barack Obama’s 2008 election win, has expressed concerns about Biden’s age, stating that it is a significant issue hanging over him. While Axelrod believes Biden could still win against Donald Trump, the age factor poses a unique challenge.
Longtime political strategist John B. Judis echoes these concerns, highlighting that Biden’s lack of a commanding or charming presence on the political stage may alienate certain demographics, particularly young voters.
As speculation surrounding President Biden’s potential withdrawal from the 2024 election gains momentum, the dynamics of the political landscape may undergo significant shifts.
Whether or not Cemblast’s prediction comes to fruition, the concerns raised about Biden’s health, approval ratings, and age underscore the complex challenges faced by the Democratic Party as they navigate the path to the next presidential election.
Read more: Woman Sues Dentist Over Extensive Procedures In One Sitting
