Just 18% of Americans say President Biden should run for reelection in 2024, according to the latest Yahoo News/YouGov poll — the lowest number to date. Nearly two-thirds (64%) say he should bow out. And for the first time, more Democrats now say Biden should pass on a second term (41%) than say he should pursue one (35%). The survey of 1,672 U.S. adults, which was conducted from July 8 to July 11, represents perhaps the starkest evidence to date of the president’s deteriorating position… Source link
Read More »There’s a nearly 75% chance the Fed triggers a US recession within 2 years, which could cost Biden re-election, new study says
President Joe Biden.MANDEL NGAN/AFP via Getty Images There’s a 72% chance the Federal Reserve could cause a recession by 2024, Bloomberg Economics says. In February, the same models forecasted nearly zero chance of a downturn by that time. The latest forecast came after the central bank made its largest interest rate hike since 1994 to combat inflation. The odds that the US economy will fall into a recession by early 2024 have soared to nearly three-in-four in just a few months as the Federal… Source link
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