Trump Proposes Ban on Institutional Investors Buying Homes

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this weekly recap compiled by The Fly.INSTITUTIONAL HOME BUYING:In a post on Truth Social, President Trumpthat, "For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans. It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it. People live in homes, not corporations. I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks."Shares of Blackstone, American Homes 4 Rentand Invitation Homesunderperformed on Wednesday following President Trump's comments. Publicly traded homebuilders include Beazer Homes, D.R. Horton, Hovnanian, KB Home, Lennar, M.D.C. Holdings, PulteGroupand Toll Brothers. Blackstone is a dominant player among private equity firms buying homes, alongside other major investors like Starwood.VENEZUELA TO GIVE U.S. OIL:President Trump said in a social media, "I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States! I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter!" Publicly traded companies in the space include BP, Chevron, ConocoPhillips, Exxon Mobil, Shelland TotalEnergies.U.S.-MADE PRODUCTS:Trump said in anotheron Truth Social, "I have just been informed that Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new Oil Deal. These purchases will include, among other things, American Agricultural Products, and American Made Medicines, Medical Devices, and Equipment to improve Venezuela's Electric Grid and Energy Facilities. In other words, Venezuela is committing to doing business with the United States of America as their principal partner - A wise choice, and a very good thing for the people of Venezuela, and the United States. Thank you for your attention to this matter!"GREAT MEETING:Shares of Intelwere up on Friday after President Trumpthe following on Truth Social, "I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan. Intel just launched the first SUB 2 NANOMETER CPU PROCESSOR designed, built, and packaged right here in the U.S.A. The United States Government is proud to be a Shareholder of Intel, and has already made, through its U.S.A. ownership position, Tens of Billions of Dollars for the American People - IN JUST FOUR MONTHS. We made a GREAT Deal, and so did Intel. Our Country is determined to bring leading edge Chip Manufacturing back to America, and that is exactly what is happening!!!"PACT WITH U.S. GOVERNMENT:Johnson & Johnsonannounced a voluntary agreement with the Trump Administration to "improve access to medicines and lower costs for millions of American patients." The joint agreement meets the requests laid out by President Trump to the industry and provides the Company's pharmaceutical products an exemption from tariffs. "Today's agreement shows that when the public and private sectors work together towards shared goals, we can deliver real results for patients and the U.S. economy," said Joaquin Duato, Chairman and Chief Executive Officer, Johnson & Johnson."I'm proud that Johnson & Johnson is answering President Trump's call to lower drug prices for everyday Americans while maintaining our role in improving and saving lives and ensuring that the United States continues to lead the world in healthcare innovation." Johnson & Johnson is working with the Trump Administration to improve access to medicines and lower costs for millions of American patients. The company is: Participating in TrumpRx.gov, a direct to patient platform; Enabling American patients to access medicines at comparable prices to other developed countries; Providing Medicaid program access at comparable prices to other developed countries, and Continuing to support the Administration's efforts to "ensure better recognition of the value of health care across developed markets globally."MILITARY BUDGET:President Trump said on social media, "After long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our Military Budget for the year 2027 should not be $1 Trillion Dollars, but rather $1.5 Trillion Dollars. This will allow us to build the 'Dream Military' that we have long been entitled to and, more importantly, that will keep us SAFE and SECURE, regardless of foe. If it weren't for the tremendous numbers being produced by Tariffs from other Countries, many of which, in the past, have 'ripped off' the United States at levels never seen before, I would stay at the $1 Trillion Dollar number but, because of Tariffs, and the tremendous Income that they bring, amounts being generated, that would have been unthinkable in the past (especially just one year ago during the Sleepy Joe Biden Administration, the Worst President in the History of our Country!), we are able to easily hit the $1.5 Trillion Dollar number while, at the same time, producing an unparalleled Military Force, and having the ability to, at the same time, pay down Debt, and likewise, pay a substantial Dividend to moderate income Patriots within our Country!" Publicly traded companies in the defense space include BAE Systems, Boeing, GE Aerospace, General Dynamics, HII, L3Harris Technologies, Lockheed Martin, Northrop Grummanand RTX.MORTGAGE BONDS:President Trumpon social media, "Biden ignored the Housing Market, and instead was immersed with High Crime, Open Borders, runaway INFLATION, the Afghanistan Disaster, and a Military that he left in Chaos and Confusion. Everything was broken, but I, as President of the United States, have already fixed it! Now, I am giving special attention to the Housing Market. Because I chose not to sell Fannie Mae and Freddie Mac in my First Term, a truly great decision, and against the advice of the "experts," it is now worth many times that amount - AN ABSOLUTE FORTUNE - and has $200 BILLION DOLLARS IN CASH. Because of this, I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS. This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable." Shares moving higher following the post include Opendoor Technologies, Offerpad Solutions, Zillow Group, UWM Holdingsand Rocket Companies.DIVIDENDS, BUYBACKS:President Donald Trump stated in a Truth Social post, "All United State Defense Contractors, and the Defense Industry as a whole, BEWARE: While we make the best Military Equipment in the World (No other Country is even close!), Defense Contractors are currently issuing massive Dividends to their Shareholders and massive Stock Buybacks, at the expense and detriment of investing in Plants and Equipment. This situation will no longer be allowed or tolerated! Also, Executive Pay Packages in the Defense Industry are exorbitant and unjustifiable given how slowly these Companies are delivering vital Equipment to our Military, and our Allies. Salaries, Stock Options, and every other form of Compensation are far too high for these Executives... Therefore, I will not permit Dividends or Stock Buybacks for Defense Companies until such time as these problems are rectified - Likewise, for Salaries and Executive Compensation. MILITARY EQUIPMENT IS NOT BEING MADE FAST ENOUGH! It must be built now with the Dividends, Stock Buybacks, and Over Compensation of Executives, rather than borrowing from Financial Institutions, or getting the money from your Government. Longer term, this is good for both Executives and Shareholders, because it will be GREAT for our Country!"