"2024 Election Shock: JPMorgan Strategist Predicts Biden's Departure"

JPMorgan strategist Michael Cembalest predicts that President Joe Biden could drop out of the 2024 election due to health reasons between Super Tuesday and November, potentially being replaced by a candidate named by the Democratic National Committee. Concerns over Biden's low approval ratings and advanced age have plagued his campaign, with recent polls suggesting a tight rematch between Biden and former President Donald Trump. However, Biden has brushed aside comments on his age, emphasizing his wisdom and experience. It remains unclear who would take over from Biden if he does drop out, and representatives for JPMorgan Asset Management and Biden have not immediately responded to requests for comment.