“The ‘fundamentals’ models, in fact, have had almost no predictive power at all. Over this 16-year period, there has been no relationship between the vote they forecast for the incumbent candidate and how well he actually did.”
— Nate Silver, writing in FiveThirtyEight on March 26, 2012.
“Reporting largely ignored the importance of economic conditions and other ‘fundamentals’ that implied a potentially close race.”
— Silver, writing in FiveThirtEight on January 23, 2017, criticizing media coverage of the 2016 campaign.