But there are also storm clouds on the horizon. They have and will impact the industry. To learn more, see our spotlight report, further below.
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:
- 2017 just set the all-time record for store closings
- Will Trump’s tax plan really give you a raise?
- Could GE get booted from the Dow after 110 years?
- Trump likes Yellen but wants to make his mark on the Fed
- Sears revives its classic Wish Book
- How a 2-person firm won a Puerto Rico power contract
- NAACP warns black passengers about American Trending
- IBM doubles paid time off for new parents
- 4 big takeaways from ‘Davos in the Desert’
- San Juan mayor: Power contract should be ‘voided’
Selected headlines and bullets from Fox Business:
- Tax standoff: State and local tax deduction focus of GOP private mtg. Wednesday
- Trump’s tax bill is a ‘fraud’: Rep. Higgins
- Dow, S&P 500 register worst day in seven weeks
- U.S. crude slips on inventory build, gasoline rallies
- Trump EXCLUSIVE: President blasts Democrats’ dirty dossier play, hints at Fed choice
- Lawmakers slam ‘boneheaded’ Equifax executives for failing to appear before Congress
- Uber launches credit card with no fees
- Are Amazon and Whole Foods having a culture clash?
- In Corker-Flake-Trump feud, Gary Johnson sides with the senators
- Questions persevere on Obama-era Uranium One deal
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 2,557.15 -11.98(-0.47%)
Dow 30 23,329.46 -112.30(-0.48%)
Nasdaq 6,563.89 -34.54(-0.52%)
Crude Oil 52.17 -0.30(-0.57%)
Gold 1,278.60 +0.30(+0.02%)
Silver 16.95 -0.01(-0.06%)
EUR/USD 1.1815 0.00(+0.0025%)
10-Yr Bond 2.44 +0.04(+1.58%)
Russell 2000 1,493.48 -6.94(-0.46%)
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 –
There’s a lot of good economic news, as the Daily Business News has reported for months.
But there are also storm clouds on the horizon. They have and will impact the industry. To learn more, see our spotlight report, further below.
Just as the hurricanes have impacted manufactured home residents who were working at places harmed by the storms, there is also an impact on the industry’s sellers, communities, lenders and others who serve the public working in retail stores that are suffering through record closures.
Per CNN Money, “Since January 1, retailers have announced plans to shutter more than 6,700 stores in the U.S., according to Fung Global Retail & Technology, a retail think tank.”
That beats the previous all-time high of 6,163 store closings, which hit in 2008 amid the financial meltdown, according to Credit Suisse.”
Many are pointing their finger directly at Amazon, and other online retailers.
And this news comes on the week that MHProNews broke the story that Amazon is now selling factory made housing directly to consumers.
The economy is going through a sea change.
Those tidal shifts could be successfully addressed by the Trump Administration, which is working to get tax reform passed that should spur more growth that will counteract the loss of other job.
The need to continue regulatory, tax, health care and other “drain the swamp” reforms in Washington is pressing. The Daily Business News will continue to track, summarize and inform the industry and its investors as these stories develop.
These changes could be positive for the industry in the medium to long run, given the right policies and implementation. But the reality is that failure to enact parts of the Trump “America First” agenda could deal a series of blows to the industry.
The local news video below paints a quick picture of the pattern which is impacting communities, some likely in or near a market your company serves.
“We Provide, You Decide.” ©
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
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.)
