Resignation of President Biden for health reasons    President Biden withdraws sometime between Super Tuesday and the November election, cit...

JP Morgan 2024 Predictions




Resignation of President Biden for health reasons   
President Biden withdraws sometime between Super Tuesday and the November election, citing health reasons. Biden passes the torch to a replacement candidate named by the Democratic National Committee. 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. 

1. The US dollar remains stable

2. The DoJ/FTC win a big antitrust case

3. President Biden withdraws from the November election

4. The driverless car backlash is coming

5. Broadly syndicated loan losses rise above private credit losses for the first time

6. Argentine dollarization will fail if implemented

7. Russian invasion of Ukraine drags on with no ceasefire in 2024

8. Despite storm clouds over US regional banks, their stock will do well

9. Due to retirement of dispatchable power, major cities will face electricity outages and/or natural gas outages

10. Researchers will complete work on an inhaled Covid vaccine

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