the prison industry is recession-proof. While a falling stock - TopicsExpress

the prison industry is recession-proof. While a falling stock market will likely drag these stocks lower, a weak economy will not hit these companies’ earnings. Prisons are essential, and governments aren’t going to let convicts walk free unless there is a fiscal emergency that necessitates it. Furthermore, private prison operators may benefit from a weak economy. If a recession lowers a state’s income, it may be motivated to seek savings by privatizing prisons. Read more: wallstcheatsheet/business/2-prison-stocks-that-look-good-corrections-corp-geo-group.html/?a=viewall#ixzz3Fi08jcis wallstcheatsheet/business/2-prison-stocks-that-look-good-corrections-corp-geo-group.html/?a=viewall

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