San Francisco. Prisons, cryptocurrencies, foreign exchange: Some companies would benefit from a Trump victory. An approach to Trump – via Wall Street.
How are Donald Trump’s stocks doing? For the answer you can Surveys roll around, The analysis study, The campaign analyze.
Wall Street managers think differently. She bet on Trump: They invest in companies that would benefit from his presidency.
According to the Wall Street Journal, this includes the GEO Group. This is a private one Prison operators. Its shares rose 21 percent in October, the best they have seen since 2022.
The added value of “America first”
The price of Bitcoin miner Riot Platforms rose by 34 percent. The Republican presidential candidate already discussed cryptocurrencies in the spring. He wants that “Democrats’ War on Crypto” of course he accepts donations in Bitcoin. And as president, he would build a Bitcoin reserve for the US.
In a letter to investors, hedge fund manager Dan Loeb wrote that the tariffs „America First-Politik“ would increase domestic production, infrastructure spending and prices of certain materials and raw materials. His $11 billion company, Third Point, has been adding to positions to capture value from Trump.
Still other investors speculate that the dollar will strengthen and long-term interest rates will rise; and Trump’s agenda will fuel inflation, largely because of what he threatens Import duties.
The recent declines in Chinese Yuan and the Mexican Weight could therefore already be signs. Prisons, crypto and foreign exchange – three fields that make up Trump’s added value.
“We don’t have a crystal ball.”
The Wall Street Journal is observing a change. Just a few weeks ago, the outcome of the 2024 presidential election was too close for many investors. Now they feel safer. Meanwhile, there is on the The invoice a few more risks: What if Kamala Harris wins, the result is contested, the counting drags on?
Economy in Berlin
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“We have no crystal ball,” says Vineer Bhansali, founder of the Californian hedge fund LongTail Alpha. But the market assumes, he told the US newspaper, “that a Trump victory is generally good for the market and that a victory for Kamala bad for the market were”.
