Highlights:
Obama:
1. Obama and his team made a tactical error by vacationing in early August. Our sense is that he lost a lot of momentum that his campaign had built up in the Spring and early Summer.
4. The Obama team won the expectations game regarding the Clinton speeches. For days the media wondered aloud how strong the Clinton(s) endorsement of Obama would be and acted stunned by the strength of their vocal support.
6. The image of Obama's convention speech will stick with voters. Simply put, the production was a show-stopper. Getting 84,000 people in a stadium to see a political speech was impressive enough, but combining that with the Greek columns, the fireworks, confetti shot from a cannon and grand orchestral music made this seem like a Hollywood blockbuster.
McCain:
2. McCain's advertising has been vastly better than Obama's. As we pointed out in mid-August the McCain attacks on Obama in July and August kept this thing close.
4. With Labor Day in our rear-view mirror, the fundamentals of this campaign (a bad economy, very negative impressions of the incumbent and his party, a dissatisfied electorate) are locked in and they overwhelmingly favor Obama.
What the future holds:
If the Palin narrative becomes a "process" story. This would be devastating for McCain. The focus on Palin needs to be about her...and not how she was selected or vetted.
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