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DepewTube: Fannie, Freddie Solvency

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Markets, movers and more.

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Kevin discusses former Federal Reserve President William Poole's comments on Fannie Mae's (FNM) and Freddie Mac's (FRE) solvency. This is an issue the one-time Fed head has followed for years, giving a number of important speeches on the government-sponsored enterprises as far back as 2003.



Sure, Same-Store Sales benefited from economic stimulus checks, but Kevin is quick to point out that, once those checks are gone, consumers will revert back to what is a long-term secular shift toward consuming less.



What band should headline the next version of Activision's (ATVI) Guitar Hero? Kevin has an idea for a software upgrade.

No positions in stocks mentioned.

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