http://www.fivethirtyeight.com/2008/08/todays-polls-826.htmlThere is a lot of nervous buzz today about the national tracking polls. Gallup now gives John McCain a 2-point lead, the first time he has had an advantage of any amount since late May. Rasmussen, meanwhile, has the race converging back into a tie, after having shown Barack Obama ahead by 3 points yesterday.
This tracking polling will NOT reflect any convention bounce (or its absence). These polling firms concluded their interviews by mid-evening, before Michelle Obama's speech and before network coverage of the convention began. So if there is a response to the events of Monday night, it will show up in the field on Tuesday, which means that it will be reflected in polls released on Wednesday. Moreover, our research has concluded that there typically is not any bounce until the third day of the convention. As such, this polling tells us nothing at all about the convention so far, and it probably won't tell us a whole lot until at least Thursday or Friday.
It might tell us something about Joe Biden. I tend to agree with the conventional wisdom that there was liable to be a bit of a near-term backlash whenever Obama announced his VP choice, provided that the VP was not Hillary Clinton. The key phrase in there, however, is "near-term". If Hillary is able to rally her supporters to the Obama-Biden ticket tonight, there could still be a latent/lagged VP bounce for Obama that gets rolled up into his convention bounce.
Nate's a smart man. Thank you Nate.