United States | Dem dilemmas

Momentum against Joe Biden is mounting again

After a brief lull, pressure is growing to replace him as the Democratic nominee

US President Joe Biden walks on the South Lawn of the White House in Washington, DC, on July 15th 2024
A matter of timePhotograph: Getty Images
|New York

WINSTON CHURCHILL’S maxim that “nothing in life is so exhilarating as to be shot at without result” has a political corollary: when a presidential candidate survives an assassination attempt, it can have a rallying effect. Exhilarated Republicans made a display of this in Milwaukee, where the party formally chose Donald Trump as its presidential nominee.

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When markets ignore politics

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