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J.P. Morgan Analyst Predicts Timing of When Biden Will Drop Out, How He Will Be Replaced
Red State ^ | 01/07/2024 | Nick Arama

Posted on 01/07/2024 10:35:43 PM PST by SeekAndFind

One of J.P. Morgan strategist Michael Cembalest's predictions on his list of "Ten Surprises for 2024" is getting a lot of attentwidion beyond just folks interested in the market and investing. 

It's because Cembalest's third predicted "surprise" is that Joe Biden will pull out of the election between Super Tuesday and November, for health reasons.


pic.twitter.com/QvUyY1ZJBI— Dr. Nickarama (@nickaramaOG) January 7, 2024

Super Tuesday is the day that you have a lot of the states holding primaries and caucuses. This year, that's March 5. 

Cembalest says that after Biden steps down due to health, the Democratic National Committee will name a replacement to whom to pass the torch.

Biden has a low approval rating for a President with ~10% job creation since his inauguration, although that figure is the by-product of his inauguration coinciding with the rollout of COVID vaccines and a reopening US economy.

If you look at the chart above you can see how low Biden is, the lowest approval of anyone occupying the office at this point since inauguration, 1051 days. Cembalest notes the "job creation" number, but that it really isn't attributable to Biden because it's the people returning to work with the reopening of the economy after COVID. So people know that it isn't due to anything Biden has done. Meanwhile, they know that the things he has done have hurt the economy, like spending leading to more inflation. That's why he gets such low marks for the economy because people don't think he knows what the heck he is doing and because Bidenflation has been crushing them. They know how much more they've had to pay out of their pockets under Biden as opposed to under Trump. 

There are reasons to think that's not out in left field, particularly as the reality of how bad Joe's condition has become more and more apparent over the last couple of months. 

People are already nervous as Biden continues to wallow in the approval-level basement. We've seen folks like David Axelrod and James Carville say maybe he should get out for the good of the party. I wrote earlier about how Barack Obama is getting nervous about Joe's chances. He's reportedly concerned about the strength of former President Donald Trump and he doesn't think Biden's campaign has their act fully together yet. 


David Axelrod Has More to Say About Biden's Chances - The Powers That Be Should Listen

Report: Obama Worried About 2024 Biden Campaign, Aides Dish on Tension Between Camps


So who would that leave us with? While he predicts how the person will be selected, he doesn't predict who that will be. I suppose the presumed person would be Kamala Harris for a host of reasons. But California Gov. Gavin Newsom has certainly been posturing. Not only would Joe have to go for that, but Kamala as well. If anyone is as unpopular as Biden, it probably would be Kamala. So the DNC may figure that Newsom is their better bet to win. He's a horrible choice -- but they don't have any good choices. 



TOPICS: Government; Politics; Society
KEYWORDS: 2024; biden; dropout; jpmorgan
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To: SeekAndFind

Joe will leave whenever Obozo tells him to.


21 posted on 01/08/2024 2:10:58 AM PST by chopperk
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To: dennisw

Nice deconstruction. Thanks for pointing out......
<><>Biden at Valley Forge spoke of “concerned” Democrats fighting to protect the “right to vote”.......
<><>even as power-hungry Dems across the nation are denying MAGA Americans their right to vote.

Desperate candidate Biden was telling citizens they “had to vote Democrat” to “preserve democracy,” at the same time he knew Democrat power-mongers were next door, plotting to remove a GOP congressman from the ballot in Pennsylvania.

Getting the popular Trump off the ballot so Biden can hang on to power is the name of the game.


22 posted on 01/08/2024 2:12:40 AM PST by Liz (Actor/Sen Fred Thompson:"After being in DC, I often long for Hollywood's realism and sincerity.")
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To: Liz

Hakeem Jeffries Gets BURIED Under an Avalanche WRT His Blathering about ‘Election Denial’
Twitchy ^ | Grateful Calvin
Posted on 1/8/2024, 2:22:44 AM by Impala64ssa

Listening to leftist politicians repeatedly talk about ‘election deniers’ and ‘protecting our democracy’ has long grown tiresome.

At this point, it is more ham-fisted and comical than the newly anointed Emperor Palpatine in Star Wars ranting about how much he loves democracy after he manipulated the entire galaxy into making him an omnipotent tyrant.

This is kind of appropriate since the word hypocrisy comes from the Greek ‘hypokrisis’ (ὑπόκρισις) which, roughly translated means ‘jealous and misleading play-acting.’
Demosthenes was the first person to rail against letting ‘hypokrites’ become politicians. It’s too bad we aren’t heeding his words nearly 2,500 years later.

But the hypocritical Democrats don’t seem to care too much about any of that, so they keep trotting out the same old, tired talking points, especially when the date Jan. 6 comes around on the calendar.

snip


23 posted on 01/08/2024 2:23:00 AM PST by Liz (Actor/Sen Fred Thompson:"After being in DC, I often long for Hollywood's realism and sincerity.")
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To: SeekAndFind

I don’t know what the Dems are worried about. They’ve raked in 5 or 10 million dummy voters to explain away 5 or 10 million mail-in ballots. Not to mention the dead voters.
Nor would it be the first time a dead guy won an election.

2024 is a slam dunk for the rat party. They will probably take Congress while they’re at it, and that’s when the shooting — won’t start.

They’ll enjoy the evil fruits a little while before China takes over.

Some folks detest pessimism but I don’t see optimists, ostriches or old folks on the barricades. In fact, nobody’s on the barricades. There are no barricades.

By November there might not even be poll watchers.

The American Revolution was won with God, guns and gonads. Just saying.


24 posted on 01/08/2024 2:24:35 AM PST by Buttons12 ( )
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To: dennisw

Biden’s speech is NOTHING BUT PROJECTION!! The Dems are ALWAYS GUILTY of what they accuse Republicans of doing!!


25 posted on 01/08/2024 2:55:46 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Liz

ALL PROJECTION!


26 posted on 01/08/2024 2:57:28 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: HamiltonJay

I agree, I just believe they’re going to find some way to ditch Kamala and replace her with Hillary before that happens.

I have always thought they’re going to replace Kamala with Hillary and then retire Slow Joe before the election. Because that’s the only way she ever gets to be the first lady president. Which she desperately wants, and is actively running for right now. That explains why she’s been on the TV so much lately


27 posted on 01/08/2024 3:24:53 AM PST by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: Brooklyn Attitude

I predict that President “Drop Box” will be the next Democrat elected. 100 million votes are already filled out and waiting to be delivered.


28 posted on 01/08/2024 3:44:47 AM PST by PA-RIVER ( )
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To: The Great RJ

Most black voters, but very few whites, know that Kamala is not black but Tamil Hindu, without a spec of African DNA


29 posted on 01/08/2024 4:24:47 AM PST by PIF (They came for me and mine ... now its your turn)
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To: SeekAndFind

The pardon of Joe and Hunter, and its timing, also has to be dealt with. Perhaps Joe resigns, Kamala assumes office. She pardons Hunter, Joe, and possible others who may be in jeopardy under a Republican administration (Majorkas, Wray, Garland). She then announces she isn’t running. The DNC puts Newsomeforward as the POTUS candidate and a minority or female becomes the VP candidate. Here’s a long shot on a historic “bipartisan” ticket — Newsom for POTUS and Nikki Haley as VP to run against Trump.


30 posted on 01/08/2024 4:58:41 AM PST by Soul of the South (The past is gone and cannot be changed. Tomorrow can be a better day if we work on it now.)
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To: HamiltonJay

You are correct.

We will


31 posted on 01/08/2024 5:03:17 AM PST by Chickensoup
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To: chajin

“The dirty little secret, which is neither little nor a secret, is that it doesn’t matter who the Dem nominee is, because the policies will be exactly the same regardless; all that matters is who looks best on the stump and on TV.”

Also, it doesn’t matter who it is because the demons who stole the 2020 election will do it again in 2024. Having a candidate is theater; any candidate will do.


32 posted on 01/08/2024 5:11:18 AM PST by MayflowerMadam ("A coward dies a thousand times before his death, but the valiant taste of death but once.")
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To: SeekAndFind

Get ready for Big Mike


33 posted on 01/08/2024 5:18:32 AM PST by 38special (I should've said something earlier)
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To: HamiltonJay

“Once hi accepts the nomination at the convention and he drops out the dnc can just name a nominee without a single vote cast. This has been the plan all along as far as I can guess.”

Yup. And that candidate will not have to travel the country gladhanding people, won’t have to debate or fundraise. The announcement alone is all the PR the “chosen one” will need. Meanwhile, they will be hammering Trump mercilessly.


34 posted on 01/08/2024 5:37:25 AM PST by EQAndyBuzz ( "Free Palestine" is the new "Heil Hitler!")
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To: SeekAndFind

For the record, my dog picked two days before the ballots are created to give the company time to update the selection choices. Want to find out who the replacement will be, just check with a local election office as they will receive the name. My bet is that name is already in a file somewhere.


35 posted on 01/08/2024 5:39:14 AM PST by EQAndyBuzz ( "Free Palestine" is the new "Heil Hitler!")
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To: The Great RJ

Maybe Haley should just change parties and make it official.


36 posted on 01/08/2024 5:40:23 AM PST by EQAndyBuzz ( "Free Palestine" is the new "Heil Hitler!")
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To: The Great RJ

Nope. “Having Joe drop out for health reasons begs the question as to when exactly did he become incapacitated.”

Perhaps you mean to say “Having Joe drop out for health reasons begs the question BE ASKED as to when exactly did he become incapacitated.”

Or maybe, “Having Joe drop out for health reasons begs the question of his even having a health condition.”

Begging a question means the conclusion assumes the truth of a unstated and unproven premise.

So spake Mr. Pedantic. :)

Back to your excellent post.

As to the Werewolf of Cali. I fear too many think California is just awesome, dude. Most of them pay no income taxes or are ultra-wealthy, with a smattering of True Believers(r) in the leftist pabulum they’re fed daily. And that hair of his. It’s perfect.

Best!


37 posted on 01/08/2024 5:41:03 AM PST by Strident ("Hi, my name is Joe and I am powerless over making $#!7 up")
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To: dennisw

Excellent piece by Jonathan Turley.


38 posted on 01/08/2024 5:46:24 AM PST by Jane Long (What we were told was a conspiracy theory in ‘20 is now fact. Land of the sheep, home of the knaves)
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To: SeekAndFind

Chart on the left looks like fake news, having Pres Trump’s approval and job creation lower than obarky’s.

Maybe I’m reading it wrong.


39 posted on 01/08/2024 5:48:11 AM PST by Jane Long (What we were told was a conspiracy theory in ‘20 is now fact. Land of the sheep, home of the knaves)
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To: SeekAndFind

Newt Gingrich was on “Sunday Morning Futures” yesterday, and said this will never happen. He says that Biden is too committed to running again to quit now. He thinks that Biden has all the money and delegates needed to keep the nomination regardless of his infirmities. Only Jill could stop him, and she wants it more than he does. Newt said that the Black vote would destroy any non-Kamala nomination based on her skin color only. That leaves the choice between her and Biden. Neither is a winning combination.


40 posted on 01/08/2024 6:02:42 AM PST by norwaypinesavage (The power of the press is not in what it includes, rather, it's in that which is omitted.)
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