It’s dominated broadcast, internet, satellite, and cable news for nearly 2 years. When the word broke that Special Counsel Robert Mueller’s report had been delivered to Attorney General Barr and that it exonerated the president, his campaign, and all Americans on the issue of a falsely claimed collusion with Russia, many went into disbelief. Because there was no collusion, you can’t obstruct a non-existent crime. Numbers of politicians and the left-of-center media had said the opposite for nearly two years. They claimed the evidence was supposedly pervasive, that when reality struck this weekend, it must seem like the episode from the 1980s series Dallas, when Bobby Ewing appears in the shower alive, a year after he was supposedly dead. Bobby Ewing’s death was all a dream in a story-writer’s mind, but in this modern true-to-life case of misleading narratives, the writers are jurnos in mainstream news. Ouch. Some of those reactions to the end of “collusion delusion” is our feature for this evening’s otherwise mixed but largely calm day on the markets.
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…
- Movies, TV shows and … a credit card
- Here’s everything Apple announced at its much-anticipated entertainment event
- LIVE UPDATES Bummer, there’s no Oprah talk show on Apple TV
- Ask us: Got questions about Apple’s media event?
- Meet News+: Apple wants to sign you up for a digital newsstand
- Apple Card: Now Apple wants to be your bank, too
- It’s here: Our first look at Apple’s original content
- Star-studded: Jennifer Aniston, Reese Witherspoon and Steve Carell talk ‘The Morning Show’
- ‘This how TV should be’: Here’s the new Apple TV
- In the Arcade: Apple launches game subscription service
- Perspectives: Apple may have to damage its brand to succeed in entertainment
- LIVE UPDATES The Dow goes positive
- Krispy Kreme owners admit to family history of Nazi ties
- Lee and Wrangler hope to be a Wall Street jeans hit like Levi’s
- Stocks in Asia and Europe sink on fears of slowing growth
- Europe is on the brink of changing the internet again
- French Muslim group sues Facebook and YouTube over Christchurch video
- Naspers is bringing its $134 billion stake in Tencent to Europe
- Nike triumphs in Michael Jordan Jumpman logo lawsuit
- How 5G will transform manufacturing
- Microsoft and Softbank are helping Abu Dhabi find its first big startup
- Will NASA sideline its Boeing-built rocket for an upcoming Moon mission?
- Even some capitalists are in favor of breaking up Big Tech
- 90 American Airlines flights canceled a day because of 737 Max grounding
- Jet Airways founder forced out
- A disaster has put Ethiopian Airlines under scrutiny
- Boeing is testing software changes to 737 MAX planes
- Boeing has lost $40 billion-plus in market value since Ethiopia crash
- Quitting your job? Here’s how to write the perfect goodbye note
- Why Yes Men don’t win in the end
- You’re a leader now. It’s time to start acting like one
- How to become a pro at giving feedback
- Embracing failure can lead to success. Just ask these
Select Bullets from Fox Business…
- Apple unveils ‘Apple TV Plus,’ new credit card and subscription news service
- WATCH: Adidas releases limited-edition ‘Game of Thrones’ sneakers
- Michael Avenatti, Stormy Daniels’ ex-attorney, arrested for alleged Nike $25M extortion plot
- Avocados recalled in six states over listeria fears
- After Boeing crashes, Trump admin forms special committee to review FAA certification
- FHA tightening mortgage underwriting standards as credit scores decline
- These are the 10 biggest lottery jackpots in US history – and the people who won them
- Viacom, AT&T renew contract, avoid DirecTV blackout
- Opinion – Mike Trout’s $430M contract: Comparing tax bills for California, New Jersey vs. no-income-tax states
- Michael Avenatti, Stormy Daniels’ ex-attorney, arrested for alleged Nike $25M extortion plot
- Patriots star Rob Gronkowski to retire
- Bayer, J&J pay $775M to settle 25,000 Xarelto lawsuits
- Key medical groups push for tax on soda, sugary drinks for first time
- Boeing Max flight cancellations to continue for US travelers
- Levi’s CEO: Wall Street return marks ‘starting line’ to greatness
- Eli Lilly hawks new insulin pricing data amid mounting federal scrutiny
- Elizabeth Warren calls for release of taxpayer-funded Mueller report
- Tiki Barber: Odell Beckham trade part of ‘necessary’ process
- Climate change, or alarmism? Wyoming drilling halt ruling isn’t based on science
- Mueller report turns media into orgy of Trump hatred: Varney
- Kennedy: Beto O’Rourke is a hypocritical hack
- Cameo helping celebrities connect with fans[overlay type]
- Cameo helping celebrities connect with fans
- Russians in Venezuela a potential problem for US?
- Rent the Runway announces largest fundraising round to date of $125M
- This billionaire is donating $7.5B to charity
- Premji, 73, is worth nearly $19 billion.
- Private equity firms’ biggest earners last year
- Oil billionaires help fund state, local governments in Oklahoma
Today’s markets and stocks, at the closing bell…
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 –
First, let’s start with President Trump’s statement shortly after the news broke
Then, this summary from Fox.
The White House sent out some pull quotes from mainstream media that they liked.
The Collusion Delusion
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“Democrats have been consumed for two years with a flimsy conspiracy theory aimed at delegitimizing a presidential election they lost,” the Washington Examiner editorial board writes. “But it’s over now. An exhaustive federal investigation just put the nail in the coffin of the collusion delusion. If the Democrats and our major media are capable of shame, they will be chastened by this experience.”
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“The results of the probe by special counsel Robert Mueller are a tremendous vindication for President Trump and the many millions of Americans who never doubted his innocence. The findings prove, once and for all time, that he won the 2016 election fair and square,” Michael Goodwin writes in the New York Post. “No American — not a single one — took the Russian bait. And that includes every member of the Trump campaign.”
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“Press credibility has taken a hit,” University of Tennessee Law Professor Glenn Harlan Reynolds writes in USA Today. “The news media chose to run with the Russia story, which quickly morphed from ‘hacking’ to the more nebulous ‘collusion,’ quite credulously. They did so because they wanted it to be true, because they hoped it would hurt Trump, whom the press almost universally despises, and because it was good for ratings and clicks.”
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Last week, President Trump “signed an executive order to authorize the denial of federal funds to colleges that suppress student free-speech rights,” F.H. Buckley writes in the New York Post. Students who express conservative views on college campuses have been routinely denounced across the country—but no more, says President Trump. “The federal government awards billions to our universities; top schools get a billion apiece. That’s going to stop, he said, if they don’t honor free-speech rights.”
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In the Washington Examiner, Melissa Quinn reports that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will go to Beijing this week for continued high-level trade negotiations. “The talks will begin March 28 and are ‘aimed at improving the trade relationship between the United States and China.’ Recall that MHProNews cited Alan Dershowitz, a Project Veritas undercover video, and other sources starting almost 2 years ago that said then, what we know now. The allegation, properly understood, wasn’t a crime. A CNN producer said on a hidden camera that the Russia collusion story was a ‘nothing burger’ almost 2 years ago. But the nation and the markets suffered for nothing. We’ll see how much of this impact Democrats and those that went along for the collusion delusion ride.
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.
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.