Trump or Harris? Our analysis reveals surprising shift in sentiment 2 weeks before election day

With only just over two weeks left to the U.S. election, in this follow up analysis to our previous Trump vs Harris news sentiment analysis, we look at how news sentiment seems to be shifting between the two candidates. These findings may – or perhaps may not – come as a surprise to many political pundits and election watchers, with Kamala Harris seeming to maintain a consistent lead over Donald Trump in terms of positive sentiment across major news sources.

Trump or Harris: The October surprise

On the week of October 7th, something changed. Our AI-driven sentiment analysis detected a notable shift that could potentially alter the course of the election. It is perhaps due to a combination of factors, but the data is clear: Trump’s sentiment surpassed Harris’s for the first time since the impact of the assassination attempt and within the analysed period.

Our analysis

Some may voice concerns that AI-driven analysis might be biased or unreliable in political forecasting. So how do we address this? Fundamentally, our technology doesn’t just count positive or negative words. Instead, it understands context, nuance, and the complex interplay of factors that influence perception.

Trump or Harris: Key insights from our news sentiment analysis

Sketching out the details, here’s what our analysis revealed:

  1. An obvious crossover: Trump’s sentiment line crossed above Harris’s around 7th October, marking a reversal of an ongoing trend which had previously put Harris ahead since she entered the race. 
  2. Every point counts: The analysis shows there has been a net 3-point swing in Trump’s favour in just one week in terms of news sentiment.
  3. Consistency across sources: This wasn’t an anomaly in a few outlier publications. The shift was evident across our entire dataset of 350 top news sources.
Trump or Harris: Sentiment across US news sources October 2024

Trump or Harris: Interpreting the data

The idea of this analysis is to provide unbiased, data-driven insights that can help understand the shifting political landscape. Today, it seems that landscape is more volatile than many expected. In recent weeks, we’ve all seen a flurry of activity from both campaigns. Supporters of Harris might argue that this is just a temporary blip, a reaction to recent events that will soon correct itself. And, optimists believe that the Harris campaign has time to regain lost ground. We will have to wait and see if this argument holds water or as others have put forward, whether the Harris campaign has reached its ceiling.

Caution and context

But, now to mention the obvious. This shift in sentiment doesn’t necessarily translate directly to votes. That’s because, without actual ballot results, we’re still in the realm of prediction and analysis. Of course, there will always be exceptions to the rule, and political campaigns are notoriously unpredictable. As so often is the case, they cannot have their cake and eat it too – just like election polls can get it wrong, positive news sentiment doesn’t guarantee electoral victory, but it may be an indicator of things to come.

Trump’s momentum

Now on the subject of momentum, it seems that Trump’s campaign has found its stride at a crucial moment having – some would say – earlier lost steam post assassination attempt. Never one to mince his words, Trump has been capitalising on this shift in public perception. Cynicism is based on the idea that this is just another example of Trump’s ability to dominate news cycles. After a golden period for Harris, the tables appear to have turned.

Media dynamics

Another interesting finding from our analysis is that the volume of election coverage reached its lowest point during this period of significant sentiment change. This time, they are making every headline count. Some say that this is a deliberate strategy to focus media attention when it matters most as some say U.S. election fatigue has well and truly set in.

Challenges for Harris

In all of this, it would seem, that the Harris campaign faces an uphill battle in the final weeks before the election. But how much should we read into this? Well, only time – and votes – will tell. Meanwhile, according to the latest data, early voting has already begun in many states, potentially amplifying the impact of this sentiment shift.

Trump or Harris: Thoughts on the final sprint

As ever, whilst our AI-analysis is perhaps a peek into the mood around the U.S. election sentiment, we must be cautious about drawing too firm conclusions. Whilst our analysis provides a unique window into the evolving narrative of this election, an obvious point to make is that perhaps this shouldn’t be attributed to any single event or statement, but rather a culmination of factors that our AI is uniquely positioned to detect.

Another point to note is that it is not just the overall sentiment that’s changing, but the nuances of how each candidate is perceived on key issues. We all know that Trump is known for his ability to rally his base and dominate media narratives. And the last thing the Harris campaign needs it a last-minute surge to overshadow the real issues at stake in this election – although the possibility is a very real one.

Trump or Harris: Looking ahead

Our news sentiment analysis shows that the issues driving this sentiment shift are complex and multifaceted. But, many expect that the final weeks of the campaign will see even more dramatic swings in public opinion. Building news sentiment for the Harris ticket will take more than just a few good news cycles for the Harris campaign. However, that does not mean the election is decided – far from it. With two weeks to go in the final sprint, there’s still room for manoeuvre.

At Permutable AI, we’re committed to providing unbiased, data-driven insights. Our approach combines cutting-edge AI technology with a deep understanding of both financial markets and political landscapes. By applying the same rigorous methodologies we use in financial analysis to political sentiment, we offer a unique perspective on how public opinion evolves.

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