Height Securities

As signs continue to point to a deteriorating U.S. auto industry, a report from Moody’s Investor Service revealed one of the nation’s largest subprime auto lenders isn’t even bothering to check its borrowers’ income. Santander Consumer USA Holdings Inc (NYSE: SC), one of the...

Height Securities released its latest analysis of the American Health Care Act Friday following the Congressional Budget Office’s scoring report. Height analyst Stefanie Miller believes the CBO’s scoring will not hinder Republican efforts to move the bill through to the President...

President Donald Trump has taken fire from critics in recent weeks following his firing of FBI head James Comey. While Democrats and even some Republicans are calling for a Trump impeachment, investors are trying to figure out what, if any, impact the recent developments will have on the Republican...

The Postal Reform Act of 2017, a bipartisan attempt to overhaul the perennially ailing U.S. Postal Service, appears headed for the dead letter office amid the chaos in Congress. Even though the U.S. House Oversight and Government Reform Committee approved the sweeping legislation on March 16,...

Bank investors hoping financial deregulation will open the door for a new golden era of banking in the near future will likely have to be patient and keep expectations in check. Material changes to banking regulations will not be implemented for at least 12 more months, Height Securities analyst...

Following Rep. Ro Khanna (D–CA)'s letter to the Department of Defense, dated March 17, urging additional scrutiny on TransDigm Group Incorporated (NYSE: TDG)'s contracting process, Height Securities said Congressional support for review may be growing. Alleviating Audit Burden Meanwhile,...

Americans and investors hoping for healthcare reform may have the strongest congressional motivator of all on their side: fear. If Congress doesn’t get a healthcare reform law passed by the summer recess, representatives will face the prospect of disgruntled constituents as they hold town...

Concerns about President Donald Trump’s possible impeachment over the firing of FBI director James Comey sent the Dow Jones Industrial Average tumbling more than 373 points. But while some investors fear the uncertainty of possible impeachment proceedings, others seem to be realizing that the...

U.S.-listed Brazilian stocks crashed this week amid fears that another political scandal will result in the impeachment of President Michel Temer. Temer, who ran on a platform of economic reform, has been in office for less than a year, but a new report by Brazilian newspaper O Globo has accused...

Not yet a year into his presidency, Brazilian President Michel Temer is facing a major bribery scandal that has sent Brazilian stocks tumbling. JBS, the world’s largest meat producer, owner Joesley Batista secretly taped the president encouraging continued bribery of a jailed former-...

The latest data on U.S. car prices shows the auto market continues to deteriorate in 2017. Weekly data from Black Book revealed a 20 percent year-over-year decline in used car prices and a 17-percent decline in used truck prices. Year to date, used car and truck prices are both down 17 percent....

Noting that the degree of overhaul depends on compromise between Republicans and Moderates on budgetary reconciliation instructions, Height Securities analyst Peter Cohn waged 85-percent odds that Congress will pass a major tax bill before 2018 midterm elections. The continued meetings of and...

Whispers of a potential impeachment of President Trump have gotten louder this week as reports surfaced of a memo written by former FBI head James Comey outlining a meeting in which Trump asked him to drop the FBI’s investigation into Trump’s ties with Russia. The SPDR S&P 500 ETF...

President Donald Trump disclosed highly sensitive intelligence regarding ISIS during his meeting with the Russian Foreign Minister Sergey Lavrov and Russian Ambassador to the U.S. Sergey Kislyak, according to reports from the Washington Post and multiple other outlets. It's the latest in a...

Federal Housing Finance Agency director Mel Watt testified in front of the Senate Banking Committee last week and said his top priority regarding Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) is to ensure that they're capitalized enough so...