Bidens Diminishing Reelection Prospects

President Biden is facing significant challenges in his reelection bid. He is experiencing low approval ratings, with even a majority of Democrats preferring he not run. Concerns about his age and performance have led to speculation about his potential withdrawal from the race. This has been exacerbated by the perception that he is losing support from key groups like labor unions, despite a favorable economic outlook. As a result, betting markets now heavily favor Donald Trump in the upcoming election.