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Joe Biden will drop out of 2024 presidential race, top JPMorgan strategist predicts
NY Post ^ | Jan. 8, 2024, 11:39 a.m. ET | Ariel Zilber

Posted on 01/09/2024 7:45:30 AM PST by Red Badger

President Biden will not run for re-election during a tumultuous year that will see parts of the country suffer rolling blackouts, the release of an inhaled COVID vaccine and a boycott over driverless cars, a top JPMorgan Chase strategist predicted.

Michael Cembalest, who heads the market and investment strategy unit in the Wall Street bank’s asset management division, made the shocking forecasts in his list of ‘Ten Surprises’ for 2024 over the weekend.

Tops among the budding Nostradamus’ prophesies was that 81-year-old Biden will drop out of the race “sometime between Super Tuesday and the November election, citing health concerns.”

“Super Tuesday” refers to the March 5 presidential primaries and caucuses that will be held in more than a dozen states, including California, Texas, Massachusetts, Vermont and North Carolina.

The winner of the “Super Tuesday” contests is considered the heavy favorite to eventually capture the party’s nomination for president.

Cembalest issued his predictions in newsletter as a tribute to former JPMorgan market strategist Byron Wien, who had made 10 prognostications every year for nearly four decades before his death last year at age 90.

Also on Cembalest’s list was that Americans will reject self-driving electric vehicles following several accidents that have roiled San Francisco, and a warning that blackouts will strike New York, Texas, Pennsylvania, Wisconsin and Tennessee due to a natural gas shortage.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Politics/Elections
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1 posted on 01/09/2024 7:45:30 AM PST by Red Badger
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To: Red Badger

More accurately, Biden will not be permitted to run in 2024.


2 posted on 01/09/2024 7:47:04 AM PST by ArtDodger
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To: Red Badger

What I’ve thought all along.

The strategy is to not give the right any time to focus on who the nominee will actually be......and taterhead is in on it


3 posted on 01/09/2024 7:48:05 AM PST by V_TWIN (America...so great even the people that hate it refuse to leave!)
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To: Red Badger

Texas produces 30 billion sq ft of natural gas per day, not sure they will have shortages.


4 posted on 01/09/2024 7:48:11 AM PST by Jolla
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To: Red Badger

Yes, most would agree at his time. Big Mike is my guess for his replacement.


5 posted on 01/09/2024 7:48:30 AM PST by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: Red Badger

I think Joe will take it as far as the convention. After that, the DNC can just select whomever they want as a replacement.

Ballot printing may be a problem with a new name chosen at the last minute, but I bet they have a plan for that already worked out.


6 posted on 01/09/2024 7:49:10 AM PST by ClearCase_guy
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To: ArtDodger
More accurately, Biden will not be permitted to run in 2024.

Why do you think Obama just recently visited the WH to chat with Biden. Believe me, it's not to help him and his campaign, it's to convince him he needs to step aside for the good of the party. Just like Biden did with Breyer.

7 posted on 01/09/2024 7:49:25 AM PST by 1Old Pro
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To: Red Badger
Biden will drop out of the race “sometime between Super Tuesday and the November election, citing health concerns.”

He might drop out 11/4/2024?

8 posted on 01/09/2024 7:50:08 AM PST by lasereye
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To: Huskrrrr

Could be; stranger things have happened. My bet is on Newsom, the highly dyslexic tool of the left.


9 posted on 01/09/2024 7:51:04 AM PST by drwoof
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To: V_TWIN

https://webcache.googleusercontent.com/search?q=cache:75zXd7zDO_gJ:https://www.washingtonpost.com/politics/2024/01/08/andy-beshear-pac-kentucky/&hl=en&gl=us


10 posted on 01/09/2024 7:51:21 AM PST by Red Badger (Homeless veterans camp in the streets while l aliens are put up in hotels.....................)
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To: 1Old Pro

Sure. Give him a chance to drop out on his own, or Jill the chance to drop him out. If not, well then, start squeezing.


11 posted on 01/09/2024 7:51:57 AM PST by ArtDodger
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To: Red Badger

The DNC is going to try a “bait and switch” by having Joe take all the “bad” and then drop out last min.


12 posted on 01/09/2024 7:52:02 AM PST by taxcontrol (The choice is clear - either live as a slave on your knees or die as a free citizen on your feet.)
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To: drwoof
My bet is on Newsom, the highly dyslexic tool of the left.

The DNC simply wants a vassal so they can continue to run things, as they do now.

13 posted on 01/09/2024 7:53:04 AM PST by 1Old Pro
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To: Jolla

We did during the Big Freeze in 2021


14 posted on 01/09/2024 7:54:24 AM PST by L,TOWM (An upraised middle finger is my virtue signal.)
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To: Red Badger

Agree that Biden will be dumped. Also just how he and Harris are replaced without primaries will be interesting to observe. It will be an exercise of raw power by the Democrat elites.


15 posted on 01/09/2024 7:54:57 AM PST by allendale
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To: 1Old Pro

Did they ask Breyer to retire from the court early or did they just announce his retirement for him, leaving the angry Breyer fuming that he could either accept it and go peacefully or go against his party?


16 posted on 01/09/2024 7:55:09 AM PST by desertsolitaire ( M)
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To: Red Badger

He’ll drop out of the race without even knowing it.


17 posted on 01/09/2024 7:55:50 AM PST by fwdude (.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)
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To: Red Badger
Michelle (Big Mike) 0bama is set to take over for Traitor Joe.
18 posted on 01/09/2024 7:55:57 AM PST by The Sons of Liberty (What's Worse: A PROVEN TRAITOR willing to sell out to our enemies, or a cacklin' Ho?)
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To: drwoof

Newsom would also solve the Kamala Harris problem, since the president and VP can’t be from the same state. Where to park Kamala will be a minor but interesting question since the left usually takes care of its own. Harvard is looking for a new president and Kamala has the necessary qualifications: black, female, stupid, a party lining hack prepared to lie on command. A perfect fit.


19 posted on 01/09/2024 7:56:38 AM PST by sphinx
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To: 1Old Pro

Correct, and Newsom is perfect for the role, unable to read for himself. Just the kind of guy we need when the chips are down, and WWIII is about to grab high gear. He’s telegenic, glib, and smart. Women, and some men, swoon. Again, look at the interview with Hannity...


20 posted on 01/09/2024 7:58:58 AM PST by drwoof
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