Private prisons also saw a huge bump in stock prices. GEO Group is up a shocking 26% this morning and CoreCivic—once known as Corrections Corporation of America—is up 20%.
Wow. A lot of people know what's coming and don't give a damn.
I hate Trump and voted for Harris and I'm spiraling today. That being said, my stocks have gone up $1,700 today, so that's nice I guess. I don't have faith that the market will hold for long though.
I don't think blaming voters is a good idea. There were signals that people would be more likely to vote for Harris if she, for example, agreed to stop sending arms to Israel (more than the voters she'd lose by doing that). The campaign ignored that.. if they tell you what they want and you ignore it that's kinda on you. Trying to rehab the Republican party ("Country over Party") instead of going out there and hammering home her policy, how she would make things better for voters... there were lots of mistakes made.
Covid wasnt the status quo and it made rich people richer than any other disaster in history. If you think the status quo is the only way the rich make money you'd be mistaken.
I'm really not trying to be conspiracy brained, seriously, but won't the DNC also be making money from a Trump presidency? Stocks/private contracts of the DNC executives aside, don't they also get huge amounts of donations when they're the "opposition"?
I'm not saying they purposely ran a shitty campaign, but they clearly have a "silver lining" for if Trump won compared to us normies. Man, it's so fucked, please someone give me evidence to the contrary, I beg.
It doesn't increase donations to lose an election. Donors like to think they are making a difference. Maybe when the midterms get rolling, but for a while they'll be in a slump.