Earlier, Bloomberg signaled he's "still looking at" running for president, but people close to him say that the only way he could even go down that path is if Biden's fortunes suffer so much that he drops out before or during the early stages of the primary.
Bloomberg could then enter the race as one of the rare moderates with enough name recognition and campaign funding to make a run.
Forbes estimates his net worth at $51 billion, and he was planning to spend over $100 million on a campaign for president if he ran.
Biden didn't drop out, but he really felt the burn. The issue of Ukraine and Hunter Biden, will occupy his time and energy all through. The Democrats Impeachment process against Trump will hurt Biden's chances much more.
While Elizabeth Warren enjoyed the weakness of Biden, then she felt the burn from Bloomberg.
No wonder the great welcoming from Elizabeth to Mike.
Just a thought.