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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Great job by Art Del Cueto, a Border hero, in explaining, on FoxNews, that Border crossings are virtually nonexistent under the Trump Administration. In past years, under Sleepy Joe, MILLIONS OF PEOPLE POURED INTO OUR COUNTRY, totally unchecked and unvetted. Also, crime numbers are now down to lowest numbers!!!”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Trump’s post highlighting strict border enforcement and lower crime under his administration could boost investor expectations for a tougher future immigration and security stance, supporting sentiment toward private prison operators (CXW, GEO) and defense/security contractors (GD, LHX, LDOS, PLTR). Heightened anticipation of increased security spending or enforcement-related contracts may also lift aerospace & defense and broader industrial ETFs (PPA, XAR, ITA, VIS, XLI, IYJ) on the view that a more hawkish policy environment benefits these sectors. However, market reaction may be tempered by the fact that this is a political statement rather than a concrete policy proposal, so any moves are likely to be speculative and sensitive to polling and election odds.
Here are some of the stocks that might be affected:
CoreCivic ((CXW)),
General Dynamics ((GD)),
Geo Group Inc ((GEO)),
L3harris Technologies ((LHX)),
Leidos Holdings Inc ((LDOS)),
Vanguard Industrials ETF ((VIS)),
Industrial Select Sector SPDR Fund ((XLI)),
Invesco Aerospace & Defense ETF ((PPA)),
SPDR S&P Aerospace & Defense ETF ((XAR)),
iShares U.S. Aerospace & Defense ETF ((ITA)),
iShares U.S. Industrials ETF ((IYJ)),
Palantir Technologies Inc. ((PLTR)).