Fannie Mae will be strengthened for housing in 2021

Analyst Dick Bove of Odeon Capital has long been arguing against buying the common shares of Fannie Mae and Freddie Mac, but his latest argument in favor of housing reform could offer reasons to buy those common shares. He believes Fannie Mae and Freddie Mac will be strengthened next year because of the need to provide a boost to housing, and he suggests that history may repeat itself to make that happen.Q3 2020 hedge fund letters, conferences and moreHistory repeating itselfBove drew comparisons between the current situation and what was happening in the late 1960s. At that time, civil rest r…

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HEDGE accordingly