#JPMorgan strategist predicts Joe Biden will drop out of the 2024 race

President Joe Biden may not be on November's ballot papers, says JPMorgan Asset Management strategist Michael Cembalest.

Cembalest predicted Biden would drop out from the race "sometime between Super Tuesday and the November election, citing health reasons."

Super Tuesday is set for March 5, with 16 states and territories holding their primaries and caucuses on that day.

Biden, Cembalest wrote, would then be replaced by a "candidate named by the Democratic National Committee."