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Bloomberg Daybreak: Asia Edition

Biden Pushes Back, French Election Aftermath, Inflation Outlook

Jul 9, 2024
Guests discuss rumors about Biden's health and defiance, French election aftermath, and inflation outlook. Insights on political developments in France and the US, rate cut possibility in September, mega tech companies in economic uncertainty, and investment outlook on China and Japan.
32:12

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Quick takeaways

  • President Biden faces resistance over health concerns and reaffirms determination to remain the nominee.
  • France's election results potentially pave the way for a stable centrist or moderate left government coalition, ensuring support for Ukraine.

Deep dives

Concerns Over President Biden's Health and Defiant Response

Questions and concerns regarding President Biden's health have arisen, with reports of a neurologist, potentially a Parkinson's specialist, visiting the White House. The White House refused to confirm if the doctor met with President Biden, sparking further speculation. Despite acknowledging routine physicals showing no indication of impairment, Democrats expressed worries about Biden's health due to observable verbal slips. Biden remains defiant, dismissing calls for additional testing and asserting his stance to remain the nominee, facing resistance and tepid support within his party.

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