Your quarter analogy actually helps me. Calling a company the leader after one great quarter is recency bias, sure, but if that quarter ended with them holding the title, they're still the current holder until someone beats them. That's the distinction: favorite is a projection, ruler is the titleholder. I'll concede sustained control is a stronger claim, but "right now" asks who currently holds it, not who will hold it for years. On the evidence that exists, most recent division title, head-to-head results, playoff tape, Philadelphia holds the belt. July projections don't strip it.