The knives continue to come out for Biden

Read full post at forexlive.com

The
betting
markets
are
increasingly
wary
of
Biden’s
ability
to
stay
in
the
race.

Ultimately,
the
choice
comes
down
to
him
but
every
day
there
is
a
new
name
calling
for
him
to
step
down.
A
House
Democrat
from
Michigan
today

said
he
should
leave
the
race
as
the
chorus
continues
to
grow.

The
New
York
Times

reports
some
heavy
hitters
are
plotting
behind
the
scenes:

Some
longtime
aides
and
advisers
to
President
Biden
have
become
increasingly
convinced
that
he
will
have
to
step
aside
from
the
campaign,
and
in
recent
days
they
have
been
trying
to
come
up
with
ways
to
persuade
him
that
he
should,
according
to
three
people
briefed
on
the
matter.

Critical
for
him
to
have
any
chance
at
survival
will
be
a
press
conference
today
at
6:30
pm
ET.
If
he
fumbles
it,
we
could
be
seeing
some
major
pressure.

A
separate
NYT

report
says
Biden’s
campaign
is
quietly
testing
the
strength
of
a
Kamala
Harris
Presidential
campaign.
If
Biden
drops
out,
there
is
a
good
chance
that
it
turns
into
a
short,
open
campaign
ahead
of
the
Aug
19
DNC
rather
than
a
coronation
for
Harris.

While
some
of
Mr.
Biden’s
top
aides
have
quietly
argued
that
Ms.
Harris
could
not
win
the
election,
donors
and
other
outside
supporters
of
the
vice
president
believe
she
might
be
in
a
stronger
position
after
the
debate,
and
could
be
a
more
energetic
communicator
of
the
party’s
message.

Ultimately
though,
the
only
person
that
can
take
Biden
off
the
ticket
is
him
and
he
will
need
to
be
convinced
that
he
can’t
win.

Update:
Now
Axios

reports
that
Trump
is
expected
to
face
a
‘deluge’
of
calls
from
House
Democrats
for
him
to
drop
out.
So
far,
11
House
members
and
Sen.
Peter
Welch
have
publicly
called
for
him
to
drop
out.

“I
think
people
are
just
waiting
until
after
the
[NATO
summit]
is
done,
regardless
of
how
he
does
…
They
just
don’t
want
to
take
away
from
his
discussions
with
world
leaders,”
said
one
person
considering
calling
for
him
to
drop
out.