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.
Looks like Israel’s investment paid off.
And we can thank a lot of the “Holocaust Harris” and “Blue MAGA” “don’t vote for genocide” assholes for that too.
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.
Pricing in all the jjuicy tax breaks and stock buy backs from all that extra cash.
BuT hE’s NoT tHe StAtUs QuO
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.