$FNMA $FMCC
Today was huge. Compare the remarks of
@realDonaldTrump today with those of Kevin Warsh last July.
To be clear, it's not about Warsh being a puppet. He’ll operate independently. It’s about Trump choosing a Fed Chair who is in fundamental alignment with his economic views.
That's why Fannie Mae & Freddie Mac shareholders are bullish. That's why I believe Warsh is the lynchpin in the F2 path forward. And that’s why DJT and his dream team will ultimately restore the American Dream.
The challenge is fluid and nuanced. Trump has a needle to thread, but he’ll get the job done. As the ultimate deal maker, he'll maneuver in a way that benefits everyone involved...shareholders, homebuyers, and (yes) the U.S. government.
Cue the peanut gallery of gloomers, doomers, policy wonks, legislation bros, and armchair quarterbacks who "know better”. You’ll eat your words.
Trump gonna Trump.
GLTA.