When they raise rates, it implies economy is healthy and housing will be ok even with higher rates. Then, FnF can be released from the trustee and function by itself again.. They said they will raise rates before end of the year. They were just making sure emerging markets don't get hit badly.. So, hopefully good times are coming and stock can trade higher.
FNMA (FANNIE MAE) Short Selling Data Report
Date VolShorted High Low Close ShortVol RegularVol
Sep 17 57.93% 2.36 2.27 2.34 1,654,759 2,856,557
If they don't raise soon, they will not have enough room to lower rates in case of a minor recession, which will lead into a major recession. Catch 22.
If not the highest, one of the highest.. 50 million shares short.
Higher interest rates can lead to a recession (possible job cuts from companies availing on low interest loans)
when the current Gov & Fed have been unable to find alternative solutions for 7 long years.
Each tax payer should expect to get atleast $1000 in dividends from the 138 billion dollars divided among 136 million federal tax payers.
I liked the fact that there is no annual review garbage for employees at jet. One hould check out the Bloomberg article/news under press,
Also, I see 493.2 Fib resistance on AMZN. It would be interesting to see if that can be broke after or before the earnings tomorrow.