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As I watched Donald Trump arrive at an astounding victory election night, I was struck by his strong turnout in both rural and urban parts of the country. But I couldn’t stop thinking: Do voters understand what Trump’s sweep means for the price of eggs, housing and cars? As it became clear that enthusiasm for Kamala Harris was waning leading up to the election, bond markets were already going down. That’s important, because the bond market is a predictor of the future. For contrast, the stock market went up 3% the morning after the elect...
