Kamala Harris changes the pace for investors who were betting on a Trump victory

The stock market session that followed the assassination attempt on Donald Trump on July 14 marked a new scenario for many investors. The Republican candidate emerged almost unscathed after being shot, and the image of Trump with his fist raised and traces of blood on his face went around the world. Few doubted at the time that this powerful snapshot would multiply his chances of victory against a physically weakened Joe Biden who was losing internal support day by day following a disastrous debate. The companies that in theory stand to benefit most from a Trump victory — private prison operators such as Geo Group and CoreCivic, gun manufacturers like Smith & Wesson Brands and Sturm, Ruger & Co, the bitcoin industry, and the Republican candidate’s own media empire, Trump Media, immediately reflected this with increases in their share prices.

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