Longtime readers please note there are a few tweaks to some of the standard portions of our evening market/investing report. Read carefully as some changes of the ‘standard text’ that follows before our left-right headlines and also in other features near the end of tonight’s reports.
Every evening our headlines that follow provide snapshots from two major media outlets on each side of the left-right news spectrum that reflect topics that influence or move investor sentiment. In moments on this business evening report, you can get ‘insights-at-a-glance.’
This report also sets the broader context for manufactured housing markets, in keeping with our mantra, “News through the lens of manufactured homes and factory-built housing” ©.
We begin with headlines left-of-center CNN followed by right-of-center Fox Business. We share closing tickers and other related data courtesy of Yahoo Finance, and more. 5 to 10 minutes reading this MHProNews market report every business night could save you 30 minutes to an hour of similar reading or fact-gathering elsewhere.
Perhaps more important, you will get insights about the industry from experts that care, but also dare to challenge the routine narrative that arguably keeps manufactured housing underperforming during an affordable housing crisis.
Newsy, Peeling Back Media Bias, Manufactured Housing Sales, Investing, Politics, and You
Headlines from left-of-center CNN Business.
- Alphabet’s new CEO Sundar Pichai
- Larry Page is stepping down, will be replaced by Sundar Pichai
- Fired Google employees plan to file unfair labor practice charges
- Tariff Man keeps coming back because trade wars aren’t easy to win
- Dow falls sharply after Trump warns China trade war could go beyond 2020 election
- An unusually cold and wet potato harvest season may lead to a French fry shortage in the US
- Peloton mocked for holiday ad
- Apple expected to launch four 5G iPhones in 2020, JPMorgan says
- Grocery giant takes a $237 million hit after losing a deal with 7-Eleven
- Huawei is facing a backlash in China when it can least afford it
- PERSPECTIVES Yankees GM: I slept outside in our cold stadium. Here’s what I learned
- Toxic air and gridlock: India’s tech cities are choking on their success
- EXCLUSIVE Inside the innovative Disney ride that’s key to its $1 billion Star Wars bet
- AK Steel employee Brenda Deborde makes her way into AK Steel Ashland Works to begin her work day as a reservoir operator. Deborde is one of many steel workers who will no longer have a job when the plant closes.
- Steel company sells for less than half what it was worth when Trump took office
- Starbucks is adding a new holiday-themed iced drink to its menu
- This airline is opening a restaurant that only serves plane food
- McDonald’s is testing out a fried chicken sandwich
- This is Taco Bell’s answer to the chicken sandwich wars
- Edible Arrangements is selling CBD-infused edibles
- AUTOS – Jaguar’s sporty F-Type gets a sleek new look
- Tesla’s Cybertruck vs. Ford’s F-150: Bring it on
- GM’s electric pickup truck to go on sale in 2021
- This will be the fastest Mini Cooper on the road
- Lamborghini’s mission to disrupt the future of electric supercars
Headlines from right-of-center Fox Business.
- USMCA in jeopardy after Mexico rejects ‘extreme’ demand from Democrats
- The Mexican government’s trade negotiator traveled to Washington on Tuesday for further meetings.
- Trump administration considers loosening drug protections in USMCA
- Tech giants evaded staggering amount in taxes over the past decade: study
- Sushi products recalled from Trader Joe’s, major stores across US
- Hepatitis A outbreak linked to berries keeps spreading
- Is this the next trillion-dollar economy?
- Andy Puzder: Nancy Pelosi’s USMCA, Big Labor problem – Will Trump win after all?
- Google co-founders step down from top jobs at Alphabet, new CEO named
- Johnson & Johnson announces new results of asbestos tests, slams FDA
- Ex-Bumble Bee CEO convicted for fixing tuna prices
- Gun background checks on pace to smash record in 2019
- SEE PHOTOS: Hedge funder shells out over $100M for Palm Beach palace
- Top-ranked US city for tech jobs
- International mining giant plows $1.5B into US state, saves thousands of jobs
- International mining giant plows $1.5B into US state, saves thousands of jobs
- WATCH: Tesla’s Elon Musk in court for defamation trial, expected to testify
- Why the Everglades may never come back
- Why small business employees make more in a tight market
- EXCLUSIVE: Pence reveals how Trump uses ‘power of this economy’ as trade leverage
- School system may kill summer break — how much it could cost teachers
- Billionaire Democrat snags ‘Keep America Great’ website from Trump
- Kamala Harris drops out of 2020 presidential race
- Car prices are on the rise in the US — here’s a look at the numbers
- Saudi Arabia to host ‘League of Legends’ esports competition with Riot Games
- How the 2020 race could blow up US-China trade deal
- Estranged husband of missing mom takes the stand in trial over $2.5M ‘gift’
- ‘LIKE A DOG’: Peloton slammed for ‘sexist’ holiday commerical
- The young game-changers Forbes says you should keep an eye on
- Stocks slump after Trump says trade deal can wait until after 2020 election
- Celebrity ‘Brow Queen’ builds beauty empire through social media
- Jaguars benching $80M Nick Foles could be a bad omen
- SirusXM, Pandora team up to offer exclusive playlists from LeBron James and other sports stars
- Holiday spending leads Americans to dread Christmas, go into debt
- Iconic Southern rock recording studio is revived in Georgia
- Boeing delays crew capsule test flight to space station
- One country’s students are by far the smartest — and it’s bad news for US
- US still set to slap tariffs on Chinese goods this month
- Billionaire invited to White House Christmas party hopes to talk trade war
- Americans not as generous as they used to be, study reveals
- Iowa women donating to these Democratic candidates
- Coca-Cola returns to Super Bowl with 60-second ad buy
- Starbucks adds holiday-themed iced latte to winter menu
- SUN DAMAGE: Trump’s tariffs could devastate this US industry
- ‘Why we need wealth tax’: Tom Steyer goes after fellow billionaire Jeff Bezos
- Axed police chief could be dealt huge financial blow if convicted of charges
- Toyota sales surge as company reports best November ever
- Chick-fil-A-snubbed Salvation Army kicks off Red Kettle Campaign
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus – Where Business, Politics, and Investing Meet
According to the TMHA, “Manufactured home shipments for October crested the 1,500 homes mark for the first time since October of last year. There was an increase in production days over September and both single-section and multi-section homes saw increases over last month.”
As longtime readers know, Texas is the top state in the nation for both HUD Code production and manufactured home shipments. So, the dip in Texas is a problematic indicator.
Texas data doesn’t break down how many of the shipments are going to land-lease communities. The increases in occupancy is a signal for a future ‘wall’ that shipments and thus production will hit, sooner or later.
Those homes going into land-lease are often single-sections, because when the goal is ‘to get the site rent meter rolling again’ singles work as well as a multi-section for a lower total cost.
MHProNews will present the national data soon. Stay tuned.
Related Reports:
Manufactured Housing Industry Investments Connected Closing Equities Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
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- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
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Winter 2019…
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
Enjoy these ‘blast from the past’ comments.
MHProNews. MHProNews – previously a.k.a. MHMSM.com – has now celebrated our tenth anniversary.
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
· For expert manufactured housing business development or other professional services, click here.
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Disclosure. MHProNews holds no positions in the stocks in this report.
(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)
Submitted by Soheyla Kovach, co-managing member of LifeStyle Factory Homes, LLC and co-founder for MHProNews.com, and MHLivingNews.com.
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