Biden's prospects are dimmed after taking a 'gut punch' in Iowa, and he might not see a strong showing until South Carolina

Associated Press

• Former Vice President Joe Biden's campaign is reportedly distraught over its fourth place finish in the Iowa Caucuses this week. 
• Biden himself conceded he deeply underperformed his own expectations, calling his showing in Iowa a "gut punch."
• The centrist former vice president is also at risk of a poor showing next week in New Hampshire, where he's trailing Sen. Bernie Sanders. 
• While Biden has an edge in Nevada polls, he might have to wait until the fourth primary contest end the very end of the month in South Carolina to score a solid win. 
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Former Vice President Joe Biden's campaign is reportedly distraught over its stunningly poor showing in the Iowa Caucuses this week. 

While Biden either led or ranked among the top candidates in recent Iowa polls, he's trailing in fourth place behind Sen. Bernie Sanders, former Mayor Pete Buttigieg, and Sen. Elizabeth Warren with 97% of the state's precincts reported. 

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