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Biden to officially accept nomination Thursday night

Yahoo Finance’s Rick Newman joins The Final Round to discuss what to expect from the final of the Democratic National Convention.

Video Transcript

- Big night ahead for us. Rick Newman already is popping his popcorn. I mean, Rick, what do you think? Do you think this has been better than it would've been in real life, the virtual nature of it?

RICK NEWMAN: I think it has been better in some ways. You know, they're keeping-- every segment is very short, which I think is a good thing. I mean, I don't know how many people watching at home really felt juiced by all those long-winded speeches. You know, I think the longest speech has been no more than 20 minutes. And that's been only a couple of them, probably the two Obamas. Most have been very short.

I think the Democrats have done a pretty good job on the messaging. I thought last night, for example, when they highlighted the 11-year-old girl whose mother got deported by the Trump administration, I mean, that clearly put some sympathetic faces on the issue, which is exactly what the Democrats want.

I keep saying, you know, it all depends on whether there are any persuadable voters out there who are taking this all in. And we don't know that, of course. Seems like the audience has been a little bit smaller than it has been in the past, at least on TV. More people are probably streaming. But this needs to reach people who still haven't made up their mind or might even be thinking they're going to vote for Trump and then say, well, I kind of like what the Democrats are doing, and come back to the blue side.

We have no idea if that's happening. And that's the only thing that will really matter at the end of the day here.

- Hey, Rick, my question to you, though, is we've been talking about the fact that, obviously, this is such an unprecedented situation. So when we think about Biden's speech, tonight does it carry even more weight given the fact that most the majority of his campaigning has been halted because of the pandemic? So people haven't gotten nearly as many opportunities to hear him speak and to hear him lay out exactly what he wants in his presidency.

RICK NEWMAN: Yeah, you know what, Sean, as a matter of fact, I have done some reporting on that very issue this week. And I think there's a good chance Biden is going to stay in Delaware. My assumption was kind of that, once he became the official nominee at the convention, he would maybe start doing some limited travel, kind of like what President Trump is doing, and at least show up in some important states, and cities, and, you know, not have big campaign events, but maybe talk to people on airport runways, outside, the way Trump has been doing.

And people close to the Biden campaign are signaling that he is not going to do that. They say, look, even when you have limited travel, you're still putting people on airplanes and putting people at risk. You're asking dozens or hundreds of people to be involved in an event when they're going to be in close contact with each other. And he's not going to do that.

So I'm not really sure how to think of this. You know, under normal circumstances, it would obviously be a huge liability that Biden is basically running kind of a two-state campaign. He's staying in Delaware. And every now and then, he goes into Philadelphia, crosses the border into Pennsylvania, and then makes a day trip, and comes home. Maybe voters will forgive him for that and they'll understand that he's doing that for, you know, what he says are health and safety reasons.

I don't know. But I think maybe you're right, Sean, that every time Biden has the chance to get a national audience, it's more important than it would normally be. Because people are just not going to see him that much for the next 75 days.

- Rick, what do you think the Republican National Convention is going to be like? How will it be different here?

RICK NEWMAN: Well, we know how different the personalities are between Joe Biden and Donald Trump. We know what their differences on issues are as well. It's a probably-- I mean, you have to imagine that the Republican convention is going to be much more about Donald Trump, Donald Trump, Donald Trump, all week long. Because that is the kind of person he is. I mean, he just wants the focus to be on him. Whereas the Democrats, I think, have been pretty effective at looking at everybody who's part of the effort, all the former presidential candidates who have spoken the last couple of nights, and more are going to speak tonight, all the coalitions of different types of voters.

But, you know, Trump is a good showman. And my guess is he will probably have something that is entertaining or at least surprising. I mean, he surprises us on almost a daily basis, whether it's a good surprise or a bad surprise. So I think we'll have something to talk about next week. We just don't know--

- I have no doubt that that is the case. We will Rick Newman, great to see you. Shawna Smith, thanks for letting me be your co-host.