Fannie, Freddie to Retain Earnings

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Fannie Mae and Freddie Mac will start keeping their earnings under an agreement between the Treasury Department and the companies’ federal regulator

The move, announced Monday between the Treasury Department and the companies’ federal regulator, suspends a yearslong arrangement in which the companies

handed nearly all of their profits to the Treasury. Under the agreement, Fannie Mae will be allowed to retain $25 billion and Freddie Mac will be able to...

 

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No way! That's taxpayers money! Those are government owned businesses!

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This upcoming event could turn the market into a 'minefield,' says Peter BoockvarBrace yourselves. The U.S. stock market could become a “minefield” this upcoming earnings season as companies begin to feel the heat from slowing economies around the globe, warns Peter Boockvar, chief investment officer at Bleakley Financial Group. Scare campaigns by CNBC Economies that Trump celebrates having trouble - particularly ex-allies. He loves to say they’re doing terribly -though also loves to say he can’t wait to make NK rich. So, what types of industries will this help? Oil?
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »