Last week’s State of the Union address was supposed to be a confirmation of the blueprint of the current election: an energetic and revitalized Donald Trump was poised to offer a clear contrast to sleepy, bumbling President Joe Biden. However, circumstances have changed – and that has clear implications for so-called Trump stocks like CoreCivic (CXW) and Digital World Acquisition Corp (DWAC).
For Democrats and their supporters, it was easy to be apprehensive about what would transpire at the SOTU address. After all, Biden skipped last month’s Super Bowl interview, which would have given the American people a chance to understand his vision for the nation. For the administration, it would have provided an opportunity to dispel criticism that the president is not up to the job.
