Markets know what has happened each time the yield curve has turned negative. The idea of a negative curve without a a recession would take some getting used to.
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Conservatives have been very successful framing a compelling narrative about who they are and what they stand for. Progressives will have a tough four years if they don’t do the same.
Can Trump restore America’s manufacturing might through threats and incentives?
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States have been using tax breaks and other incentives like the kind Trump dangled before Carrier for years. There’s little evidence they work, and in fact they may lead to widening inequality.