US politics – Meeting of top Democrats doesn’t resolve question of Biden to stay or go

July 3, 2024
-FCHFX

July 03, 2024 at 12:31AM
First, the non-political bit:

A big question for markets right now. If Biden stays on it seems to gift the Presidency to Trump. Most market analysts expect this’ll lead to higher deficits, higher inflation, and a lower US dollar.

OK, onto the politics. Axios:

A pre-planned meeting of the Democratic Policy and Communications Committee (DPCC)

Much of the meeting was taken up by members expressing their irritation and misgivings toward Biden and his team

Rep. Lloyd Doggett (D-Texas) alerted members of his statement calling for Biden to withdraw from the presidential race

Here is the link, ungated, to the Axios report.

What a mess. These folks need to sort it out if they want to stay in the contest.

Trump is doing well just letting this all play out.

This article was written by Eamonn Sheridan at www.forexlive.com.

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