A pro-Trump investor has claimed that "it is already over" for the US president Joe Biden.
Joe Biden and Donald Trump will be going head-to-head in the US election in November in the first rematch election in almost 70 years.
However, investor Scott Bessen has thrown his weight behind Trump and claimed that the US public "doesn't trust" Biden.
Speaking to Steven Edgington on GBN America, Bessen said: "I think unfortunately for Joe Biden, it's probably already over in terms of the American people are not going to trust him with the economy after this great inflation.
Scott Bessen claimed that wages are down for American workers
GBNA
"It was a choice and they chose central planning. It hasn't worked out. Household net worth has increased by zero since Biden came into office. It was up about 17 per cent in Trump's first three years.
"Real wages are down for American workers. So again, if you're in that top 20 per cent it's fantastic. There was a recent study out that shows if you have a stock portfolio of $500,000 or more, your consumer confidence is at a new record high since 2000.
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"If you have a stock portfolio of $10,000 or less, you are at 2012 levels of consumer confidence. So I mean, people people are already voting."
Edginton asked him: "How do you assess the state of the economy between now and November?"
He responded: "Well, I'd say it's more of the same. We've got a two-tier economy in the US where the top 20 per cent is doing great.
"It's very bifurcated. If you own equities, if you own your home. If you have assets you've never done better. And then if you're in the bottom 50 per cent mortgage rates are up. Inflation's up.
He spoke to Steven Edgington about the upcoming election on GBNA
GBNA
"Car loans are up, so you're getting squeezed. So it's really bifurcated. And the US is running this gigantic budget deficit five six. If you use IMF numbers it's an 8.8 per cent budget deficit. We've never had this before or during peacetime or during a non-recessionary period.
"So it's very difficult for the economy to go down when we're spending this much money.
"Traditionally when there's an incumbent running his economic apparatus pushes a lot of money into the system. And that is happening now at a level that I've never seen and I'm an economic historian."
He claimed that it "is already over for Joe Biden"
GBNA
Last week Biden had a marginal 2 percentage point lead over Trump in the race to win the November presidential election, following Trump's historic conviction by a jury on charges he falsified business records to cover up a hush money payment to a porn star, according to a Reuters/Ipsos poll that closed on Friday.
Some 41 per cent of registered voters in the two-day poll, carried out in the hours after Trump's conviction by a Manhattan jury on Thursday, said they would vote for Biden, a Democrat, if the election were held today, while 39 per cent picked former President Trump.
Some 20 per cent of voters in the poll said they had not picked a candidate, were leaning toward third-party options or might not vote at all in the November 5 election.
