Or missed those recent special Daily Business Newsreports…
PreFab housing moves are being made – and/or are potentially poised to be made – by hi-tech executives connected with big names like Amazon, Google, Microsoft, and others.
With Buffett bumping up against potential regulatory challenges in MH with Washington D.C. more willing to take an anti-trust position, Buffett is both deploying capital from that big cash horde of Berkshire Hathaway’s…
….and maybe, just maybe, is positioning himself for the entry of a tech giant into the world of factory-home building.
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.
Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves 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.
MH “Industry News, Tips and Views, Pros Can Use.” ©
Selected headlines and bullets from CNN Money:
- Ann Curry fans see karma in Matt Lauer’s firing
- Trump warns of ‘major’ North Korea sanctions
- Matt Lauer fired after sexual misconduct complaint Trending
- American Airlines doesn’t have enough pilots for holidays
- World turned upside down: Retail soars, tech sinks
- Trump’s emerging markets guru likes India’s moves
- Savannah Guthrie’s live Lauer news feeling too familiar
- Republicans working on tax hike ‘trigger’ to ease deficit concerns
- Facebook wants to be seen as a force for good
- Gillette unveils cheaper razors to keep Dollar Shave at bay
- Meet the man who used to steal your identity
Selected headlines and bullets from Fox Business:
- Disney shares rise after ESPN lays off 150
- Nasdaq drops further as techs fall out of favor
- Oil slips on OPEC deal uncertainty, rising U.S. fuel inventories
- Pending home sales bounce back, reversing months of declines
- S. GDP growth revised up to 3.3% rate in third quarter
- Matt Lauer’s millions at risk if NBC wants to send a real message: Judge Napolitano
- Verizon CEO: AT&T, Time Warner deal lawsuit makes no sense
- Jeep Wrangler unveils biggest makeover for 2018: FBN exclusive
- Tax reform the rocket fuel for US stocks
- Robots could displace 375 million workers by 2030: McKinsey
- Build fast, fix later: Speed hurts quality at Tesla, some workers say
- Inflation heating up: Fed Beige Book
- These states spend the most on public welfare programs
- Bill Ackman excited about Chipotle’s future as CEO search begins
- Price of bitcoin over $10,000 as rally gains pace
ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here.
Today’s markets and stocks, at the closing bell…
S&P 500 2,626.07 -0.97(-0.04%)
Dow 30 23,940.68 +103.97(+0.44%)
Nasdaq 6,824.39 -87.97(-1.27%)
Crude Oil 57.40 -0.71(-1.22%)
Gold 1,284.00 -10.40(-0.80%)
Silver 16.48 -0.54(-3.17%)
EUR/USD 1.1848 0.00(+0.0017%)
10-Yr Bond 2.38 +0.038(+1.63%)
Russell 2000 1,542.30 +5.86(+0.38%)
Manufactured Housing Composite Value
Today’s Big Movers
For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
GDP Growth Highest in 3 Years
What too few seem to be saying is that the economic growth that is taking place is being accomplished with good policy, not through trillions in borrowing.
Today’s spotlight is from Bloomberg’s data, as is the video, below.
“The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday.
HIGHLIGHTS OF THIRD-QUARTER GDP (SECOND ESTIMATE)
• Gross domestic product grew at a 3.3% annualized rate (est. 3.2%), revised from 3%; fastest since 3Q 2014
• Consumer spending, biggest part of the economy, grew 2.3% (est. 2.5%); revised from 2.4%; down from 3.3% in 2Q
• Business-equipment spending rose at a 10.4% pace, a three-year high, revised from 8.6%; reflects transportation gear
• Corporate pretax earnings rose 5.4% y/y, following a 6.3% y/y advance
Consumer spending, which accounts for about 70 percent of the economy, continues to be the main driver of growth, though revisions showed it was slightly weaker than previously estimated on purchases of both durable and nondurable goods.“
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
Profitable Insight$ – POTU$ Trump Effect on MH Stock$ at 1 Year, Part 4
Trump Effect – 1 Year Election Impact on Manufactured Housing Connected Stocks, Part 2
Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1
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 a recent round of 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.)
(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)
