Last night's presidential debate between President Joe Biden and former President Donald Trump has sparked discussions about Biden's performance, which many deemed underwhelming. Clayton Allen, Eurasia Group Director for the United States, joins Catalysts to analyze the debate's aftermath.
Allen acknowledges Biden's struggle during the debate, noting that expectations were higher for the incumbent. While Trump had his own missteps, Allen suggests these are less significant to the overall narrative. The key takeaway, according to Allen, is that "Biden looks old, and he looks weaker than he did going in."
Addressing speculation about Biden being replaced as the Democratic candidate, Allen says: "The democratic establishment is the wrong place to look. It's the Biden family cellphone plan. Somebody on that cellphone plan is the only individual capable of convincing President Biden to step aside. If anyone else could've done it, they probably would've already tried."
For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
This post was written by Angel Smith