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Harris ’well-positioned’ to capture Democratic nomination: UBS

Jovi Ho
Jovi Ho • 6 min read
Harris ’well-positioned’ to capture Democratic nomination: UBS
While Biden’s withdrawal resets the contest, the dynamics of the election “will not change as much as one might expect”. Photo: Bloomberg
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What comes next after US President Joe Biden’s announcement that he is ending his re-election bid? With Biden’s endorsement, Vice-President Kamala Harris is “well-positioned” to capture the nomination, says Tan Min Lan, head of the Asia Pacific investment office at UBS Global Wealth Management.

However, she still must convince convention delegates, who are no longer bound to support Biden, that she is the individual best-positioned to defeat the Republican nominee in November. 

“We expect her to emphasise the continuity of Biden’s platform, her service as vice-president, and her ability to appeal to women, younger voters and voters of color,” says Tan in a July 22 note.

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