The "Trump Trade" Isn't What You Think
Here are some things that have been touted as a " Trump trade," a bet on Donald Trump winning the election:. -- Buy Trump Media and Technology Group , which runs his favored social. -- Buy healthcare and prison stocks; sell clean-energy stocks. There are plenty more, but the track record of just this handful ought to give investors pause before they place their bets. Some have clearly worked, but with questionable logic. Others worked but at least in part for the wrong reasons. Some failed miserably.The story has to be that Trump wins, favors Truth Social and users and money pour in. But quite how it could justify its market value of $6.1 billion, more than 3,000 times annual sales, is pure speculation.The other successful Trump trade has been private prisons. Geo Group and CoreCivic have risen and, since Tuesday, fallen, with Trump's betting odds. Unlike DJT, there is good logic for how to make money from a Trump administration that enforces mass deportations.Mexico's peso has moved m