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Senate Tweaks GOP Tax Bill Before Final Passage
Wednesday, December 20, 2017 - 3:38pm | 432The final version of Republicans’ tax plan was sent from the House to President Donald Trump Wednesday. Although the major provisions of the bill have been reported all week long, the legislation got three minor last-minute tweaks in the Senate, necessitating one final House vote. The bill...
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NAFTA: Trump's Next Target After Tax Reform?
Tuesday, December 19, 2017 - 4:30pm | 548Republicans are on the brink of a historic corporate tax cut deal this week, but optimistic investors will soon be wondering what’s next on the agenda for President Donald Trump's administration. The White House may now turn its attention to a familiar target, according to Height...
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A Cheat Sheet For 2017 Tax Reform
Monday, December 18, 2017 - 1:13pm | 503After more than a year of speculation and negotiations, the Republican tax cut bill is taking its final form. Assuming Republicans can get the votes to pass the bill, it seems as if investors are now anticipating a major corporate tax cut that could provide a significant boost to U.S. companies...
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Analyst: Alabama Election Results 'Inconsequential' To Tax Reform
Wednesday, December 13, 2017 - 2:55pm | 461The Republican Party lost a Senate seat in one of the most unlikely places Tuesday when Democratic candidate Doug Jones narrowly defeated accused sexual predator Roy Moore to become the first Democratic senator from Alabama in 25 years. The defeat was a blow for Republicans looking to get...
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Analysis: Here's What Washington Is Likely To Accomplish By Years' End
Monday, December 11, 2017 - 3:55pm | 442The SPDR S&P 500 ETF Trust (NYSE: SPY) is up nearly 19 percent in 2017, and much of the rally has been driven by news out of Washington. According to one Wall Street analyst, there are still plenty of political fireworks to come between now and the end of the year. The Analyst Height...
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Why Fannie And Freddie Have A Path To Survival
Thursday, December 7, 2017 - 1:06pm | 436While most U.S. companies are hoping for an earnings boost from tax reform, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are simply hoping to survive. According to one analyst, reports on a newly-drafted Senate housing finance reform bill are...
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Here's Where The Senate Tax Bill Goes Now
Monday, December 4, 2017 - 3:35pm | 1195U.S. investors are cheering the Senate vote on tax reform, sending the Dow Jones Industrial Average higher by nearly 1 percent Monday. The Senate vote is a step in the right direction for investors hoping for a major tax cut earnings tailwind. On Monday, Height Securities analyst Stefanie Miller...
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The Michael Flynn Guilty Plea Implications, Explained
Friday, December 1, 2017 - 2:13pm | 453The SPDR Dow Jones Industrial Average ETF (NYSE: DIA) and the SPDR S&P 500 ETF Trust (NYSE: SPY) initially dropped more than 1 percent on Friday following reports that former Trump administration security adviser Michael Flynn agreed to testify against members of the Trump family and other...
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3 Things You Need To Know About The Senate Tax Plan Debate
Thursday, November 30, 2017 - 1:47pm | 495Tax reform is on the mind of every investor this week, with U.S. companies hoping for a major earnings tailwind from a cut in the corporate tax rate to as low as 20 percent. But things in Washington rarely go according to plan. As the battle over taxes rages on, Height Securities analyst Stefanie...
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Fannie And Freddie Watch: The Latest News Out Of Washington
Thursday, November 30, 2017 - 11:00am | 421Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) shares are jumping Thursday. Bloomberg reported the Treasury is discussing having Fannie Mae and Freddie Mac retain a portion of the fourth-quarter dividend payments in an effort to begin...
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Your Quick, Handy Guide To The Grand Jury Investigation That Could Bring Down The President
Monday, August 7, 2017 - 2:00pm | 792The convening of a grand jury to look into Russia’s meddling in U.S. politics guarantees the issue will be a long, taxing drag on President Donald Trump’s already side-tracked agenda, his family and the keyboard he uses to vent on Twitter Inc (NYSE: TWTR). Though the grand jury’s...
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Analyst: Here's What To Expect From Congress On Debt Ceiling, Tax Reform
Monday, August 7, 2017 - 10:48am | 462Nearly seven months into President Donald Trump’s term in office, his administration is still struggling with his top campaign promise: healthcare reform. Investors hoping that Trump and Congressional Republicans would quickly breeze their way through healthcare reform and tax reform have...
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Insurers May Be Breathing A Bit Easier As Odds Improve On Federal Obamacare Payments
Friday, August 4, 2017 - 2:04pm | 456Investors with positions in the health care sector may be able to breathe easier, despite the Republicans’ failure to repeal Obamacare and President Donald Trump’s threats to withhold cost-sharing reduction payments from issuers. Events in the past week make it seem much more likely...
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Fannie & Freddie Both Changed The Way They Talk About Their Dividends, And It's Not By Accident
Friday, August 4, 2017 - 11:36am | 415What a difference two little letters can make. Shares of Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are both up 4.8 percent this week after both government-sponsored enterprises included the word “if” in their quarterly financial...
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Fannie And Freddie Investors Hope New Unsealed Court Documents Are The Smoking Gun They Need
Friday, July 28, 2017 - 10:58am | 770The latest chapter in the Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) drama unfolded this week after a new batch of government documents were released that investors believe provide evidence of the illegality of the Treasury’s “net...