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Home News World News United States US Election Coverage

Trump or Harris? Forecasting models give Democrats sliver of hope

As Election Day dawns, leading pollsters shift predictions while betting markets favor the former president.

by  David Baron
Published on  11-05-2024 01:20
Last modified: 11-06-2024 07:17
Trump or Harris? Forecasting models give Democrats sliver of hopeEric Gay/AP

Viewers cheer as they watch a debate between Democratic presidential nominee Vice President Kamala Harris and Republican presidential nominee former President Donald Trump at the Angry Elephant Bar and Grill, Tuesday, Sept. 10, 2024, in San Antonio | Photo: Eric Gay/AP

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As millions of Americans prepare to head to the polls, major election forecasting models have updated their final predictions, offering Vice President Kamala Harris' campaign a cautiously optimistic outlook, though the race remains extraordinarily close.

Leading polling analyst Nate Silver, who had consistently favored former President Donald Trump's electoral prospects in recent weeks, released his final forecast this morning, giving the Democratic candidate a razor-thin advantage for the first time in months.

The crowd reacts as US Vice President and Democratic presidential nominee Kamala Harris addresses supporters at a campaign event in Philadelphia, Pennsylvania, USA, Nov. 4, 2024. Photo credit: EPA/David Muse EPA

The margin, however, is virtually imperceptible: Silver's model gives Harris a 50.015% probability of securing the Electoral College, while the Republican candidate stands at 49.985%.

The 538 forecast has also adjusted its outlook, now showing Trump at 50% and Harris at 49%. Simultaneously, The Economist, which had previously leaned toward Trump, now projects an even 50-50 split. Their model indicates Trump has been losing momentum over the past week, shedding five percentage points that shifted to Harris' column.

The JHK forecast detected similar movement. While yesterday's projection gave Trump a 52% chance of victory, this morning's update reversed course, suggesting a 51% win probability for the vice president.

Republican presidential candidate and former US President Donald Trump arrives at a campaign rally in Grand Rapids, Michigan, USA, Nov. 4, 2024. Photo credit: EPA/CJ Gunther EPA

This Democratic uptick may have been catalyzed by AtlasIntel's latest survey, a polling organization that had consistently shown strong numbers for Trump throughout the campaign and is widely incorporated into forecasting models. Their final poll, conducted over the weekend, showed Trump leading by just one percentage point.

The Hill's forecast stands alone in maintaining its previous prediction, continuing to give the Republican candidate a 54% chance of victory.

Meanwhile, betting markets, which have reemerged as a significant indicator in this election cycle, show increasing confidence in the Republican candidate: Kalshi's platform indicates a 57% probability of his victory, while Polymarket places his chances near 60%.

Tags: Donald TrumpKamala HarrisUS Election 2024

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