Anthony Pompliano

We could spend all day monitoring the situation and, you know, kind of tracking all of this.

But I also want to talk about Trump's announcement on the housing market.

He

He says that he's going to ban institutional investors from buying single family homes.

My understanding is that they own like 1% of single family homes, but he coupled it and that got all the attention.

What I didn't see a lot of attention is he also said that Fannie and Freddie are going to buy $200 billion of mortgage-backed securities.

Talk a little bit as to, it seems like Trump's going right after the housing market and he wants to get home prices down.

Does he lose support by doing this?

If you look at, you know, I'm going to make a huge generalization, but like people generally are like, oh, the boomers own all the houses.

The young people don't own any houses.

He's got a pretty big base there of, you know, older folks who support him, his policies, etc.,

but he's essentially saying like, imagine if it was a stock, he's like, I'm going to make your stock go down, right?

People don't like that.

So if he's like, I'm going to make home prices go down, those people probably don't want that to happen.

So he's got kind of a weird situation where he's trying to help young people or people who don't own homes by getting home affordability.

That sounds good.

That's a positive, but he's also telling people, hey, I'm going to make your largest asset in many cases lose value.

And those people may be less likely to actually be selling their home, right?

To like leave their home.

They're kind of been there for a long time.