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Isn't this one of those old wives tales that has been speculated about for generations, yet nobody has ever found any evidence to support?
Depends on the timing, I think, but generally I believe you are correct.
There does seem to be a short term effect in situations like this, though. People get confused and haven't had time to rationalize, and polling response rates go way down. So if the election were like, tomorrow, then the results could be wacky. But there's plenty of time left here.