Fannie and Freddie surge 50% as Burry, Ackman spark FOMO rally

Fannie Mae and Freddie Mac surged 50% after Bill Ackman called them 'stupidly cheap' and Michael Burry agreed. The FOMO-driven rally coincides with Trump's housing market push and IPO speculation. However, Burry warns the stocks could 'cool off' soon without real news, calling the recent pump a product of hype that might reverse quickly.