Today we’re spotlighting a statement made on Fox Business by “Infectious disease specialist Dr. Matt McCarthy discusses the spread of coronavirus in the U.S.” The short version is that this expert says there are thousands of undetected cases in the country. More new cases plus the first U.S. deaths are being reported. But stocks rose sharply? Let’s peek at this mysterious phenomenon in our feature focus tonight.
Periodic readers of this business-nightly feature should note there are new 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
- Stocks got slammed
- Exterior of New York Stock Exchange Building with classical architecture of Greece columns and US flags as seen during the day, NYSE Financial organization at Wall Street a symbol for the global and American Economy as one of the most powerful financial institute at lower Manhattan New York City, United States of America.
- Here’s what history suggests happens next
- Coronavirus is helping Netflix, Amazon and other ‘stay at home’ stocks
- Amazon deleted 1 million items for price gouging or false advertising about coronavirus
- American Airlines suspends change fees for canceled trips
- Chinese officials take control of one of the country’s largest conglomerates
- Shark Tank’s Barbara Corcoran gets her $400,000 back from scammers
- ‘Judge Judy’ is coming to an end after 25 seasons
- Wendy’s breakfast menu launches today, so it’s giving away free sandwiches
- Now Rothy’s is making handbags out of floating ocean plastic waste
- Deals have dried up in cannabis, but that may be starting to change
- American Airlines employees are wearing new uniforms
- Opinion: Space is our new economic frontier. The US can’t afford to lose out
- This tiny electric car looks like a washing machine and costs just $6,600
- Deals have dried up in cannabis, but that may be starting to change
- How to stay motivated on your job search when you keep getting rejected
- Dow soars more than 1,000 points
- Jack Welch, former chief executive officer of General Electric Co., stands for a photograph at the World Business Forum in New York, U.S., on Wednesday, Oct. 2, 2013. Intellectuals, political and business leaders gather at the annual World Business Forum, a global business summit, to debate and discuss the challenges of the world economy.
- Former GE CEO Jack Welch is dead at 84
- Chinese businesses in NYC devastated by coronavirus panic
- INVESTING
- A pedestrian walks past the Oculus transportation hub in New York, U.S., on Tuesday, Feb. 4, 2020. U.S. stocks surged as the rally in risk assets entered a third day on rising bets the coronavirus won't derail the global economy. Photographer: Michael Nagle/Bloomberg via Getty Images
- The coronavirus could spark a severe slowdown in America
- OPINION Why this sell-off is scarier than 2008
- How to recession-proof your investments
- This is becoming an ‘economic pandemic’
- Now’s the right time for investors to buy Chinese stocks
- STAYING HEALTHY
- 2/27/20 People wear protective masks to fend off the Coronavirus, while street vendors pedal hand sanitizer and other disinfecting products in Queens, New York.
- Why so many sick workers can’t afford to stay home
- How managers can handle sickness at the office
- There could be a shortage of hand sanitizer
- The downside of working from home
- A new cleaning brand says it disinfects without wiping
Headlines from right-of-center Fox Business
- Stocks roar back to life with all three indexes seeing biggest-ever point gain
- Stocks are slightly higher after a volatile overnight session saw Dow futures trade in a more than 1,100-point range.
- Fed will aggressively respond to coronavirus, Goldman Sachs forecasts
- Jack Welch, legendary CEO who built GE into powerhouse, dead at 84
- Maria Bartiromo: The lessons I’ve learned from Jack Welch
- Neil Cavuto: Jack Welch defined what it means to lead, and he led with his heart
- Amy Klobuchar to end presidential campaign, will endorse this rival
- MARKETS
- Coronavirus wipes out business in gambling capital of the world
- Yes, coronavirus is still with us but here’s why Wall Street will bounce back this week
- Trump admin fires back at Beijing’s ‘harassment’ by hitting Chinese media
- HEALTHCARE
- American coronavirus death toll jumps to 6 as outbreak spreads globally
- Taco Bell vigil at Penn State after location closed
- Coronavirus means these airlines waiving cancellation, change fees
- Buttigieg, Klobuchar out: Which 2020 Democrats will see funding boost?
- Chevron offering American workers buyouts to trim staffing
- Top union official alleges claims against Plácido Domingo covered up
- Coronavirus fears prompt Costco shopping rush, shares rise
- One-time friend of disgraced Subway pitchman cleared of porn conviction
- Grammys president fired after investigation, discrimination charges
- McDonald’s claps back on same morning Wendy’s rolls out breakfast
- Popular pet food company recalls 4 brands in 32 states
- How much money Bloomberg has dropped on his 2020 campaign so far
- Wyoming highway pileup leaves several dead, more than 100 vehicles involved
- Corona responds to backlash over new ads amid deadly coronavirus outbreak
- Beyond Meat of seafood Good Catch hooks tuna giant
- Nik Wallenda’s next stunt is a volcano balancing act
- Manufacturing careers being built with Stanley Black & Decker’s high school partnership
- James Lipton, longtime ‘Inside the Actors Studio’ host, dead at 93
- Meghan Markle, Prince Harry’s final royal appearance set for this month
- Former McDonald’s USA CEO on coronavirus: Restaurants are ‘extremely’ sanitary
- Hillary Clinton to speak at SXSW Festival in Austin
- WATCH: Cruise passengers locked in coronavirus quarantine released in US
- Inside Starbucks’ best-seller list
- Amtrak’s new CEO was air cargo exec
- Judge Judy doesn’t negotiate — she gives execs her demands and rakes in a fortune
- Bernie Sanders rakes in record-shattering haul in February
- 2020 CAMPAIGN
- Bernie Sanders rakes in record-shattering haul in February
- Bon Jovi’s David Bryan returns to Broadway
- Another person in US dead from coronavirus, health officials announce
- Meghan Markle plots return to spotlight at New York’s star-studded Met Gala
- ‘Judge Judy’ ending after 25 years; Sheindlin reveals future plans
- This Supreme Court decision would be devastating threat to small businesses
- Trump slams Fed’s ‘slow’ coronavirus response, renews calls for lower interest rates
- Gilead buys Forty Seven for $4.9B to bolster cancer drug pipeline
- Trump, Republicans report huge fundraising haul in February
- Coronavirus fears boosting food products as people rush to stock up
- Watchdog makes grim prediction about impact of virus on world economy
- Wealthy talk show host drops bomb about how much money she’s leaving her kids
- What is Bernard Arnault’s net worth?
- AT&T launches new online TV service
- Nokia CEO Suri steps down, Lundmark named successor
- US factory manufacturing slows amid fears over coronavirus-hit supply chains
- EXCLUSIVE: Apple CEO Tim Cook reveals why he and Trump work well together
- Mexican restaurant owners take heat for attending Trump rally
- Pence: This early action put US in ‘much better place’ to combat coronavirus
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus – Where Business, Politics and Investing Can Meet
File this evening’s observations under the category of something strange that is worth monitoring.
Fox Business is a reliably right-of-center, often pro-President Donald J. Trump network. So that should be born in mind when they interviewed “Infectious disease specialist Dr. Matt McCarthy discusses the spread of coronavirus in the U.S. and how to prioritize the relief effort.”
How many Americans will catch coronavirus?
Infectious disease specialist Dr. Matt McCarthy discusses the spread of coronavirus in the U.S. and how to prioritize the relief effort.
There are growing expectations that the Federal Reserve will step in and cut rates, which investors of course like.
But the news about the coronavirus itself, impacts on industries such as hospitality, travel, restaurants and others is not different now than last week. The outlook may arguably be worse. Some stocks benefit from such a health scare, others will be harmed.
But what might be different is the notion advanced in our prior report.
Having public called out Berkshire Hathaway board member Ronald Olson, J.D., spotlighting board member Bill Gates comments, and then the sharp rebound in the markets today merits a close look when this quarter’s reporting is completed as to who bought the dip.
It could, of course, all be a coincidence. Reasonable people must think objectively. But it merits a look in the next few weeks.
See other reports linked below.
Related Reports:
Warren Buffett’s New Letter, Clayton Homes and Related Manufactured Housing Controversies
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 2020…
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.
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Disclosure. MHProNews holds no positions in the stocks in this report.
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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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