This is a

CBS I on the world. I'm John Bachelor.

I welcome Jim McTague, Washington editor, a long time for Barron's magazine.

Now he's in Lancaster County, the best one in the keystone state the critical state for the presidential contest in a few months time

The presidential contest is topsy-turvy these last days since the uneven

presentation by the President of the United States is the first debate, some hours passed. The headline in the Wall Street Journal tells part of the turmoil.

No one's pushing me out, Biden says, as pressure from Democrats grows.

Subhead, President is looking to reassure lawmakers, governors, and his own staff in the wake of a disastrous debate.

Jim, I welcome you because in that list of reassuring, there was no mention of the market.

The market is watching both candidates very closely for signals which way to go in 25 and the market likes to discount ahead of time.

That's fine, I understand it. However, we're keen on your thoughts about a Trump trade and a Biden trade at this point looking forward.

I mention also that the Wall Street Journal polling shows a surprising gap opening up between the two candidates

though they're roughly the same age they're no longer polling anywhere close to

each other. Trump expands lead over Biden after debate as age worries grow.

Jim and I are both senior citizens.

We worry about age all the time.

However, Jim, I report that Donald Trump has opened a six-point lead over President Biden among voters

nationally, 80% saying that the president is too old to run for a second term.

Okay, what is the market doing about it? Since the beginning of the third

quarter I've seen remarkable recovery by the tax pushing higher into nosebleed

territory. Is there a Biden trade? Is there a Trump trade for

the second half of the year? Good evening to you, Jim.

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