Biden's Re-Election Prospects Tied to Economic Confidence The White House is optimistic about the recent rise in economic sentiment, which could potentially benefit President Biden's chances for re-election. However, experts caution that it's too early to predict the impact on the election, as various economic risks still loom. Despite the positive consumer sentiment, models forecasting election outcomes based on economic data currently suggest a close race in November. Factors such as inflation and the overall economic outlook will continue to play a crucial role in shaping voters' perceptions and decisions.