When the words “China,” “trade,” “tariffs,” and the “U.S.” enters mainstream news – depending on how optimistic or pessimistic it sounds – traders and thus the markets have been responding.  For much of 2018 and now in 2019 those words move the markets – either up or down. It’s a game of trade chicken.  Their markets have been impacted, so have U.S. markets.  On a day when manufactured home connected equities have closed mixed, a look at today’s news on China-U.S. trade – plus a step back, will provide useful perspective – that will span the left-right divide. That will be our market focus for this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

• Sears gets out of bankruptcy alive
• A judge approves a plan to save Sears that will will keep hundreds of stores open
• A look back at Sears’ extraordinary history
• Stocks fall over US-China trade concerns
• What’s happening in markets now
• Crypto bull on why you should still bet on bitcoin
• Pot stocks may be a bubble that needs to burst
• $66 billion merger will form America’s sixth-largest bank
• As growth slows, Silicon Valley rethinks the numbers it shares
• Amazon invests in self-driving vehicle startup Aurora
• How Airbnb plans to move beyond home sharing
• Apple rolls out fix for FaceTime eavesdropping bug
• Against the odds, Tesla’s Model 3 became the best-selling luxury car in America
• Executives say ‘digital detox’ retreats are key to their success
• nside Mark Zuckerberg and Sheryl Sandberg’s partnership
• Sheryl Sandberg opens up about Zuckerberg
• What Zuckerberg’s dad offered him to forgo college
• How Facebook changed the world
• What leaving Facebook does for you
• Food delivery startup Postmates files for IPO
• Instacart changes tip policy after worker backlash
• GM and DoorDash to deliver food in self-driving cars
• China’s Baidu will help deliver Walmart groceries in self-driving vans
• Chick-fil-A is trying to get into your home

Select Bullets from Fox Business…

• Judge gives Eddie Lampert the greenlight as Sears get a second shot at life
• US stocks close lower on US-China trade talk concerns
• For millennials, Venmo is an emotional wrecking ball
• Patriots star Tom Brady dismisses White House visit question
• Best and worst cities for first-time homebuyers
• Woody Allen sues Amazon for $68M, alleges breach of contract
• GM’s 14,000 layoffs by the numbers
• BB&T to buy SunTrust Banks in $66B deal
• Top 10 biggest US banks after BB&T-SunTrust merger
• Larry Kudlow says Trump is weighing another tax cut[overlay type]
• Larry Kudlow says Trump is weighing another tax cut
• Wells Fargo suffers widespread outage of ATMs, mobile banking capabilities
• Ocasio-Cortez’s ‘Green Deal’ could mean collateral damage for New York’s La Guardia, other airports
• Gannett board seats target of Digital First Media proxy fight: Report
• US, China are ‘miles’ apart in trade talks: Kudlow
• Chipotle surges as CEO Brian Niccol’s turnaround strategy pays off
• Alexandria Ocasio-Cortez’s Green New Deal blueprint is released: What to know
• Phoenix drowning in pension debt, drastic response proposed
• Tesla price cut: Here’s how much a Model 3 will cost now
• What Fed Chair Jerome Powell sees as America’s top economic challenge
• Debt in America: History has taught us something
• Why it pays to have Gen Z women on business teams

Today’s markets and stocks, at the closing bell…

 

Manufactured Housing Composite Value (MHCV)

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

 

“The Dow Jones Industrial Average plunged on Thursday after Kudlow’s comments,” reported Fox Business.

National Economic Council Director Larry Kudlow told reporters outside the White House on Thursday that President Trump expects to meet Chinese President Xi Jinping. But the location, time, and place are not set. Investors see the looming deadline for trade talks to resolve the issue of pending new tariffs being missed.

“The world’s two largest economies have been engaged in a tit-for-tat trade battle for nearly a year. The countries have slapped billions of dollars’ worth of tariffs on one another’s goods, though both sides agreed to a 90-day trade truce during the Group of 20 summit in late December,” said Fox Business.

CNBC presented their version of the event in the report shown below.

 

 

What’s useful is to step back and consider points made just yesterday by Treasury Secretary Mnuchin, ‘We’ve made progress with China on key points,’ per CNBC.

 

 

Gordon Chang is an expert on China, and a critic.  He discusses the ongoing China trade talks in the video below.

 

 

There are reports that manufactured housing producers are ordering products from China that are components for their homes.  Of course, there are also Chinese prefabs that are being shipped to the U.S. for specific projects, usually multifamily, but not always.

So on a day when we looked at Asian unicorn Revolution Prefabricated, see the report below, it is interesting that ‘China, China, China’ was on the mind of traders – and pushed the broader markets lower.

Don’t be surprised when they bounce back up, because the fundamentals are still sound.

See Related Reports:

Meet the Revolutionaries in PreFab Housing Designs – Project Updates

Celebrating Capitalism Over Destructive Socialism? Highlights, As Talking Heads Weigh In, Plus MH Market Updates

 

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 

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 all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

“We Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.