Programming note: There will be a special report on MHProNews tomorrow on a hot manufactured housing finance related topic.
Our focus tonight, as the headline notes, is the word that sent the markets up. More on that along with the closing ticker on manufactured home industry connected stocks below.
Regular readers please note there is a tweak of our tweak. Watch 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.
- WATCH: Trump details ‘phase one’ of trade deal with China
- US and China agree to ‘phase one deal’ in trade war, stocks rally
- Trump: ‘We’ve come to a very substantial phase one deal’
- US will not raise tariffs next week as part of agreement
- Comprehensive deal will have two or three phases
- Trade trifecta: USMCA, Japan — and now China
- Mnuchin on China trade: We’ve had a productive 2 days of discussions
- Weinstein family reportedly getting back into movie business
- Victoria’s Secret CEO goes bust
- US ramps up military presence in oil-rich Saudi Arabia
- This US city ranked richest in the world
- Here’s where the 2020 general election debates will be held
- Oil prices rise after Iran oil tanker explosion
- Oil prices rise after Iran oil tanker explosion
- The trouble with Boeing’s 737 Max may go deeper than previously thought
- The trouble with Boeing’s 737 Max may go deeper than previously thought
- Nike ends controversial Oregon Project
- UAW lashes out at GM: Stop ‘playing games’
- Why Arkansas House has expelled first member since 1800s
- Facebook continues losing major partners in cryptocurrency program
- DC Circuit judge rules on release of Trump tax returns
- Are Steve Madden’s latest sneakers rip offs?
- Hooters parent takes company in new direction
- NBC allegedly covered up much more dirt for Matt Lauer than previously known
- WeWork’s disgraced former CEO Neumann’s catastrophic drop in wealth
- Amazon takes a stand: Company releases “Our Positions” paper
- Varney: America has a spending problem, not a tax problem
- Finance event bars billionaire Ken Fisher after sex comments: Not an ‘old boys club’
- Trump calls out Louisiana’s high car insurance rates
- NASCAR green lights hybrid cars for the race track in 2022
- NBA cancels media access on China tour after public meltdown
Headlines from right-of-center Fox Business.
- Dow soars as Trump says US and China reach initial trade agreement
- SPECIAL REPORT It’s only $4.99. But Costco’s rotisserie chicken comes at a huge price
- Tanker attack gives oil prices a boost. Why it’s unlikely to last
- Global autos alliance rocked by boardroom ‘coup’
- Billionaire Ken Fisher was barred from an exclusive conference after making sexually inappropriate comments
- After a bad night with dodgy whiskey, they developed a way to identify fakes
- Carlsberg is working on beer bottles made of paper
- The Coal King is racing to avoid bankruptcy
- Victoria’s Secret head of stores is stepping down
- Facebook’s refusal to fact-check Trump could be its defining 2020 decision
- Tim Cook defends decision to pull app used by Hong Kong protesters
- Content by Wise Bread
- Get a cash back card that rewards you
- BREAKING NEWS Shep Smith is leaving Fox News
- Tesla owners in California receive warnings to recharge amid blackouts
- Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a gun safety forum Wednesday, Oct. 2, 2019, in Las Vegas. (AP Photo/John Locher)
- What a Warren presidency could mean for the economy
- General Motors tells workers it’s time for the strike to end
- GM’s Mexican factories: Why ending the UAW strike will be so hard
- The GM strike is costing the company $90 million a day
- These jobs are the future of auto making — and a sticking point in the GM strike
- How the GM strike could start a Midwest recession
- Interviewers sniff out red flags with this question. Here’s how to answer
- How to land a job in a hot market
- The best questions to ask in a job interview
- How to write the perfect resignation letter
- The job market is so good, new hires aren’t showing up for their first day of work
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Tonight’s Business/Market/Political Impact Spotlight –
Per left-of-center, CNBC POTUS Trump says the US has come to a substantial phase one deal with China
- The U.S. has come to a “very substantial phase one deal” with China in the high-stakes trade negotiations between the two economic superpowers, President Donald Trump says Friday.
- “Phase two will start almost immediately” after the first phase is signed, Trump says in the Oval Office alongside Chinese Vice Premier Liu He.
- Both sides in the long-running talks, which resumed at the top level this week, signal optimism.
With all due respect, this has been a roller coaster for some time. On, off, yes, no, maybe, on the trade deal with China. The devil will be in the details. Let’s play wait and see on this one.
Related Reports:
China’s 70th, Bipartisan Stance for Tough New Deal, or No Deal on Trade, Sobering Infographics
GPS, Satellites, Economic Vulnerability, China, and Space Force
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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Updated for Fall 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.
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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.