The incoming Treasury secretary Mnuchin says we will get out of GSEs, or government-sponsored enterprises (which is Obama-ese for socialism).

Whether or not this is actually going to happen, and whether or not this is a good thing doesn’t matter because both Fannie Mae and Freddie Mac are up over 7% pre-market in just the last hour. When the market opens at 7:30 mountain time, I’ll probably dive in and ride them up into Profit Land because I am a vicious and heartless capitalist who wants some more fucking money.

Good morning, America.