There can at time be a perverse and inverse relationship between certain economic news and how the market reacts. Whether one admits any relationship to rising unemployment and rising stock prices, there is for some a correlation. When the U.S. job market was tighter, employees’ wages were rising. When over 22 million filed for unemployment in just the last few weeks, that gives bigger employers an upper hand that they didn’t have 2 months ago.
But that’s an anecdotal observation that tees up a the infographic that is our short but stark featured focus this evening.
As usual, we like to encourage readers every evening to look at our left-right headlines. Compare the two topic sets and how they frame a topic for a few minutes. There is perhaps no more practical bright-line distinction that can be made and it compliments the Sharyl Attkisson infographic and our quotable quotations nicely.
Every Business Nightly – Headline and Graphical Insights-at-a-Glance.
Every weekday night that the stock markets are open, we provide headlines from left-of-center CNN followed by right-of-center Fox Business. It is sometimes surprising how much 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 spun by some that arguably keeps manufactured housing underperforming during an affordable housing crisis.
Headlines from left-of-center CNN Business
- No silver bullet
- In this March 2020 photo provided by Gilead Sciences, a vial of the investigational drug remdesivir is visually inspected at a Gilead manufacturing site in the United States. Given through an IV, the medication is designed to interfere with an enzyme that reproduces viral genetic material.
- Stocks are soaring on a potential coronavirus treatment. But the excitement may be premature
- Stocks log second straight week of gains
- Walmart just hired 150,000 workers. It’s hiring 50,000 more as coronavirus continues
- Oil crashes below $19, falling to an 18-year low
- NASA to launch astronauts to space station from US soil for the first time in a decade
- Big banks built a $35 billion fortress to protect against coronavirus bankruptcies and defaults
- Opinion: The US dollar is still king during the coronavirus
- Analysis: Disney needs credit, and has earned it
- Analysis: During a national emergency, Trump clings to Fox News
- Vox Media furloughs more than 100 employees for three months
- In this Sunday, March 15, 2020, photograph, a long row of unsold 2020 Colorado pickup trucks sits at a Chevrolet dealership in Englewood, Colo.
- Automakers are offering extreme deals. Buyers should proceed with caution
- SAN FRANCISCO, CALIFORNIA – MARCH 27: David Nichol, the owner of Sociale, takes orders via his computer on March 27, 2020 in San Francisco, California. Sociale is working with a staff of only four people, and are offering curbside pickup during the coronavirus (COVID-19) shutdown. On Friday nights, they are also offering delivery to the Nichol’s home town of San Anselmo in Marin County just north of San Francisco.
- What small business owners need to know now that loan funds are gone
- NASHUA, NH – APRIL 9: Jars of Teddie peanut butter are pictured on the shelves in a Market Basket store on Northwest Boulevard in Nashua, NH on April 9, 2020. Peanut butter is in high demand during the coronavirus pandemic.
- Why your local grocery store is making a comeback
- MARKETS
- WORK TRANSFORMED
- ‘Sorry, I was on mute.’ Five tips for better virtual meetings
- How to stay productive when everyone needs you
- CEO gives his personal number to 10,000 employees
- 7 tips to survive working from home with your spouse
- Auto dealers are closed. Sales have plunged. Online sales are now the industry’s best hope
- AGRICULTURE
- A foreign guest worker carries a crate of freshly cut green asparagus shoots on a farm, operated by Hugo Simianer & Sons, at sunrise in Beelitz, Germany, on Tuesday, May 29, 2018. German agribusiness BayWa AG is seeking to tap more niche markets as crops such as wheat and soybeans fail to generate the profits they once did, a problem affecting grains traders around the world.
- Farmers are chartering planes to bring in workers and save their crops
- Why dairy farmers are dumping perfectly good milk
- Farmers are throwing out food that could go to food banks
- Can’t find what you want in the grocery store? Here’s why
- What happens to our food supply if American farmers can’t farm?
Headlines from right-of-center Fox Business
- Dow spikes 700 points as stocks notch second straight week of gains after Trump’s plans to reopen AmericaWHAT THE MARKET ORDERED
- MARKETS
- Dow spikes 700 points as stocks notch second straight week of gains after Trump’s plans to reopen America
- A trial conducted by University of Chicago Medicine found the Gilead Sciences drug remdesivir showed promising results in the treatment of patients with COVID-19.
- Cuomo demands more funds from feds, Trump says stop ‘complaining’
- EXCLUSIVE: Prominent Dems pushing Biden to pick Cuomo as running mate
- Tesla zooms toward record winning streak
- Shows go on: AMC says it can survive virus
- What happens to small biz loan program
- Kudlow: ‘What is Congress waiting for?’
- Why your stimulus check may be delayed
- Walmart now hiring
- Oil sinks to 18-year low as China tumbles
- IRS sends relief into wrong bank accounts
- Stephen Moore: Small businesses suffer, while big companies land mega-bailouts
- Tax change in coronavirus stimulus bill overwhelmingly benefits rich
- Berkshire Hathaway to close some businesses amid pandemic crisis
- String of Whole Foods workers get virus as others blow whistle on store safety
- Hackers having a field day as workers take computers home
- Why conspiracy theorists are linking Microsoft co-founder to coronavirus
- Coronavirus exposes fatal flaws in nursing home industry: Geraldo Rivera
- Amazon’s Jeff Bezos drops $16M on another unit in swanky NYC building
- PRIME EMPIRE
- REAL ESTATE
- Amazon’s Jeff Bezos drops $16M on another unit in swanky NYC building
- ANY TAKERS?
- XFL for sale amid bankruptcy proceedings
- Crime scene cleaning company now sanitizing offices, earns $30M in weeks
- Coronavirus could cause New York to ramp up audits of wealthy taxpayers
- Ford tests new wristbands to protect employees from coronavirus exposure
- Varney: House Speaker shows off ice cream trove as small businesses burn
- Comic-Con canceled over coronavirus, plans 2021 return
- Wealthy buying up art, memorabilia as virus drags economy down
- Coronavirus prompts Taylor Swift to cancel 2020 concert tour
- ‘Ellen’ show union workers slam bosses for lack of answers over pay, job security
- White House demands answers to virus questions, vows Wuhan lab probe
- Vegas gamblers might qualify for unemployment under CARES Act
- P&G beats profit estimates as shoppers hoard toilet rolls, detergent
- Costco, Instacart launching prescription delivery service across US
- Verizon CEO reveals what happened during Trump’s meeting with CEOs
- Ford braces for massive quarterly loss after coronavirus fallout
- ‘Double black swan’ rocks oil services giant as market hits massive challenge
- Grassley: Coronavirus-damaged businesses providing jobs deserve tax break
- China revises coronavirus death toll higher as US infections top 671,000
- Gmail blocked millions of daily coronavirus-related malware, scam messages
- Stimulus checks are a lifeline for some Americans, but a cushion for others
- China posts first GDP decline on record as coronavirus cripples economy
- Varney: Coronavirus protests have only just begun
- ‘Jeopardy’ champion: Alex Trebek ‘itching to get back to work’
- ‘Quite surreal’: Astronauts watch from above as coronavirus ravages earth
- Ex-Trump lawyer Michael Cohen to finish out prison sentence at home
- Meghan Markle, Prince Harry deliver free meals in Los Angeles
- Coronavirus takes toll on Cantor Fitzgerald forcing job cuts
- Some states to pay extra $600 in unemployment aid as job losses mount
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus – Where Business, Politics and Investing Can Meet
It has been a while since we’ve shared a Visual Capitalist (VC) infographic, but the one that they emailed today was a selection that merits sharing.
Stating the Obvious
There is much discussion about COVID19 and what it should be telling Americans. In no specific order of importance, here are some MHProNews food for thought.
- For the most robust rebound in the U.S. possible, the crisis should be used to bring America’s supply chains back home.
- There is an email in hand from a federal source that suggests some level of impact on certain manufactured housing producers. That is one of several reasons why bringing supply chains back to the U.S. makes sense.
- The more independent America is from not only China, but also from other low-wage countries such as Vietnam or other nations that don’t have a love of the U.S.A, the better. Jobs that are offshored resulted in a variety of harmful social, economic, political and military consequences for the U.S. A key lesson from the Wuhan Virus should be that offshoring has risks many never thought about.
- America First may be a campaign slogan, but it should be a common-sense reality.
- China especially, but several other nations as well, make little or no sense for U.S. investment when a longer-term view is taken. American and western wealth built up China’s economy, which in turn built up their military, spy, cyberwarfare, Belt and Road and other threats to the U.S and world. Those who complain – understandably so – about human rights in the U.S. should feel an even greater concern about shipping jobs to a country that denies over 1.4 billion people so basic rights Americans take for granted.
- The dollars ‘saved’ by doing business in China come at a high cost to domestic governments.
- Trillions in lost valuations and GDP and over 33,000 lost American lives, plus many more globally, are strong reasons to push for change post-pandemic.
- In doing so, a close look needs to occur as to the ties with the World Health Organization and those such as the Gates Foundation that have closely aligned with interests in China and the WHO.
Many voices on both sides of the major party’s political aisle are calling for a return to normal. The status quo ante COVID19 should not be the goal. Once the crisis is past, this is the time to completely rethink the relationship.
This is the time to embrace major pro-American changes. The higher cost of goods would be offset by the more incomes that workers would get, and arguably lower governmental costs for entitlement programs that have to fill the gaps caused by shipping jobs to China, Vietnam, etc..
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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Spring 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.
Enjoy these ‘blast from the past’ comments.
MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our tenth anniversary and is in year 11 of publishing.
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.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
Disclosure. MHProNews holds no positions in the stocks in this report.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHLivingNews.com.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.
http://latonykovach.com
Connect on LinkedIn: http://www.linkedin.com/in/latonykovach