Michael Chamberrest, a strategist at JPMorgan Asset Management, announced his “Top 10 Expected Surprises in 2024,” including the prediction that President Biden will have a health crisis between Super Tuesday and the November election. It was predicted that he would withdraw from the presidential election due to the above reasons. This election is one of many unpredictable headwinds that could affect the economy and investors’ portfolios in 2024.
New York Times columnist and City University of New York professor Paul Krugman joins Yahoo Finance to discuss the economic impact of the 2024 election and everything beyond.
“I’ve been looking closely at the consumer sentiment numbers, and what I see is that Democrats are feeling increasingly good about the economy and are reacting in the way we expect 2023 to be a really good year. Based on these predictions, the Nobel laureate is cautious. For Republicans, “That doesn’t matter. All that matters is that we have a Democrat in the White House. That’s why they say the economy is terrible. That doesn’t change. Changing the name on the front of the ticket doesn’t change that.” Please change. ”
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Editor’s note: This article was written by Nicholas Jacobino.