I am also one who thinks we need a bit of time with polling before we can understand the Harris impact and any trends. So, in the meantime, I've been keeping an eye on the betting markets because they move immediately, rather than suffering from the lag we see with polling trends.
I'm seeing the betting markets maybe starting to settle and level a bit. The first chart shows the change from just today. The third chart will change a bit tomorrow when it updates to also include today's action seen in the first chart. Both of those are from one betting market only, PredictIt.
The middle chart shows all the betting markets RCP tracks, averaged. In that one, you can see a gradual downturn for Biden in June, even before the debate. Then a precipitous drop once the debate happened. Harris then starts to shoot up.
But now, it all seems to be beginning to calm down to levels about like we had in June, pre-debate. If that happened, it wouldn't surprise me because I've long felt Biden and Harris might have similar election chances. Which is why I haven't really cared which one was the nominee. Obviously, we had the big debate chaos followed by the big nominee switch,
but maybe now we're about to settle into a new norm, which may end up looking like the mid-June Trump/Biden situation. I'll keep watching to see if Harris has a little or a lot more room to grow or if we're starting to see a bit of a Harris ceiling already. Today's action would indicate she's at least hit some resistance in her dramatic climb of recent days.
By the way, I selected the 90 day view for both the 2nd and 3rd charts so we could view pre-debate Biden stuff, then all the chaos and changes, up until now.
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