Fannie Mae and Freddie Mac common shares rose sharply at the open on Friday after President Donald Trump said the two mortgage finance giants were probably worth $1 trillion, though they subsequently erased much of those gains as skepticism mounted.
Fannie, Freddie Whipsaw as Trump Floats Trillion-Dollar Value
Fannie Mae and Freddie Mac common shares rose sharply at the open on Friday after President Donald Trump said the two mortgage finance giants were probably worth $1 trillion, though they subsequently erased much of those gains as skepticism mounted.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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