U.S. Economic Stock Market Outlook

Biden, as expected, gave up the presidential race

Tmarket 2024. 7. 22. 08:30
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Biden, as expected, gave up the presidential race and announced the transfer to Harris, the vice president. It is important to consider what the stock market will look like, but before Biden makes this decision, I first think of his human anguish and remorse. In 2008, a complementary characterization of Obama, a black candidate in his mid-40s and somewhat inferior political career, made him a running mate for a six-term senator from Delaware in his mid-60s and a white man.

And the gay marriage issue ahead of Obama's re-election, which became a social issue and when Obama hesitated due to the awareness of the election, Biden made remarks that seemed to favor it without consulting Obama, changing the presidential candidate to Hillary because Obama did not actively support Biden in the final years of his term. Biden must have felt betrayed by this. Hillary lost the election to Trump and became the oldest president in the U.S. at age 78, but she became the first president to give up the re-election race due to her old age.

I've always argued that Biden's abandonment of the primary was due to the depletion of donations rather than the urging of supporters to give up due to anxiety about cognitive ability. The depletion of donations may be the first reason, but Biden must have felt betrayed and remorseful once again for Obama, who turned around and put a knife in his back, his lifelong political partner.

The U.S. is still a white male society. I think handing over the nomination to Harris, who is black and a woman, is somehow the last act of old people who claim that no one can be except me. The market will be affected by the U.S. presidential election until November. Still, it makes me think about two things that God has given humans fairly with Biden's resignation, rather than the mayor's move. 24 hours a day and death... Memento Mori.

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