Investment Manager's Exclusive: Joe Biden Faces Pressure Amid Debate Performance - How Will This Impact Financial Markets?
U.S. President Joe Biden's upcoming television interview with ABC News's George Stephanopoulos is crucial after his shaky debate against Donald Trump. Biden's visit to Madison, Wisconsin aims to rally Democratic voters and show he's still fit to run for re-election.
Despite Biden's insistence on staying in the race, pressure mounts for him to step aside for Vice President Kamala Harris. Polls show Trump leading, with some Democrats calling for Biden to quit. Biden's $50 million ad blitz in July and campaign stops in battleground states aim to regain ground lost to Trump.
Biden's recent Fourth of July tribute and meeting with Democratic governors reveal his determination to improve. Allies believe he can address concerns, but Harris remains a strong alternative if Biden drops out. Trump's campaign is already targeting Harris, anticipating a potential Biden replacement.
Analysis: Biden's performance and potential replacement impact financial markets as uncertainty grows. Investors should monitor developments closely for potential market shifts based on the election outcome. The upcoming interview could provide clarity on Biden's future, influencing investment decisions.