New York Post 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.”
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