The Editorial Board

The Editorial Board

When Republicans Stop Believing

A recession would mean the president's lies no longer work.

Aug 16, 2019
∙ Paid
Image result for Trump ok sign

Donald Trump is concerned about the economy turning sour before the election. He should be. Very. Ten-year Treasury bonds are now yielding less than two-year bonds. That doesn’t happen in good times when 10-year T-notes are yielding more. This “inverted yield curve,” as it’s called, means what should be right-side up is upside down. When that happens, a…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2026 John Stoehr · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture