U.S. Election 2020 Investable Theme for Trump: Private Prisons

Over the past few weeks we’ve been covering investable themes for both the Biden and Trump campaigns. So far, we’ve discussed higher education, police funding and cannabis decriminalization. Today , we’ll look at private prisons.Q3 2020 hedge fund letters, conferences and moreWhile President Trump does not directly address the use of private prisons by various federal, state, and local agencies, his opponent, former VP Biden, does address the issue quite explicitly: “Biden will end the federal government’s use of private prisons.”And there is substantial historical precedent for this: the Obam…

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