Bidens Fading Reelection Prospects

President Biden is facing extremely low approval ratings and a lack of confidence from his own party, with many Democrats hoping he will drop out of the 2024 presidential race. Despite a strong economy, Biden`s performance and recent illness have fueled a narrative of decline, leading to speculation that he may be replaced as the Democratic nominee. This lack of confidence extends beyond the Democratic party, as evidenced by the Teamsters Union president`s appearance and praise of Donald Trump at the Republican convention. Despite Biden`s historically pro-union stance, this action signals a potential shift in support from a key demographic. Prediction markets and polls reflect this sentiment, indicating a strong likelihood of Trump winning the 2024 election and suggesting that Biden`s political career is nearing its end.