Breaking: Michael Burry has disclosed his updated positions
He:• Bought Nvidia $NVIDIA(NVDA.US) longs - Hedge• Added to Oracle $ORCLE shorts• Added to Palantir $Palantir Tech(PLTR.US) shorts• Added to Nebius $Nebius(NBIS.US) shorts • Added to Caterpillar $Caterpillar(CAT.US) shorts• Added to Nvidia $NVIDIA(NVDA.US) shorts• Added to Birkenstock $Birkenstock(BIRK.US) longs in mid-$30s• Added to Freddie Mac $Freddie Mac(FMCC.US) longs in mid $5sMichael Burry said "The total short stock position is over 21% of the portfolios, not including puts. Putting numbers on puts is a bit squirrely. They are so far out of the money, generally, and fairly distant in expiry. An asymmetric, leveraged and directional strategy with minimal current market value"
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Michael Burry is warning everyone that President Trump's decision could set off the next housing crisis
Burry just published his most detailed note yet on Fannie Mae $Federal National Mortgage Association(FNMA.US) and Freddie Mac $Freddie Mac(FMCC.US)These are the two government-backed companies that back most American mortgagesThe whole trade comes down to one decision the U.S. Treasury hasn't made yetIf the government writes off a $193,000,000,000 debt the companies technically still owe:• Shares could rise 3-4x immediately• And up to 6-7x over timeIf they don't: both stocks drop to the low single digitsBurry also dug through their SEC filings and found:• Fannie's bad loan write-offs jumped from $61M to $243M in a single year• Their biggest mortgage partner had to buy back $221,600,000 in fraudulent loans - A
BREAKING: President Trump announces that he will not let Americans pick up the rising electricity costs for datacenters and that Microsoft $Microsoft(MSFT.US) is “first up” to help fix the problem.
In the past week, we’ve seen Trump announce a number of policies that seem directly focused on affordability: - Fannie & Freddie QE to get mortgage rates down- Credit card rates capped at 10%- Big Corporations can’t buy homes- Tech companies have to figure out rising electricity billsThe midterms are coming up.Source: amit
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BIGGEST HEADLINES THIS MORNING:
- Unemployment rate down from 4.5% to 4.4%, rate cut odds for January down from 15% to 2%- NO ruling on tariffs by the Supreme Court, next expected day is Wednesday- Greenland considering meeting with the US without Denmark- Trump wants to use Fannie and Freddie to do QE on $200B of mortgage backed securities - Silver back at $80S&P close to all time highs…pretty incredible week with high beta continuing to be in favorSource: amit
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Donald J. Trump Truth Social Post of the Meme 10:25 AM EST 12.12.25
The 30-Year Fixed Mortgage Rate under Joe Biden's last month in office averaged 6.60% and today 12.12.25 under President Trump is averaging 6.22%-0.38 points down. (source Freddie Mac's Primary Mortgage Market Survey)Median rent nationally was $1,594/month in Biden's last month December 2025 and today 12.12.25 now under President Trump has dropped to $1,367/month (source - T
Donald J. Trump Truth Social Post 07:19 PM EST 10/05/25
Before I became President, “OPEC” kept Oil prices high. It wasn’t right for them to do that but, in a different form, is being done again — This time by the Big Homebuilders of our Nation. They’re my friends, and they’re very important to the SUCCESS of our Country, but now, they can get Financing, and they have to start building Homes. They’re sitting on 2 Million empty lots, A RECORD. I’m asking Fannie Mae and Freddie Mac to get Big Homebuilders going and, by so doing, help restore the American Dream!