“The Business of America is Business,” said President Calvin Coolidge. It seems that for a number of years, under both GOP and Democratic leaders, that mantra was missed in the maze of regulatory barriers and high taxes. Whatever party you may belong to, that’s obviously changing in the last 18 months. Consumer and business confidence are reaching new highs. Manufacturing is at or near an all time high in confidence. Those are serious reversals over the last quarter century, when businesses and jobs moved overseas.
That said, arguably a major responsibility of government is security. Our different kind of focus tonight for this evening is literally killer.
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.
We’ll share a recent ‘you go!’ message before diving into the bullets and market tickers.
“I have witnessed Soheyla and Tony’s hard work and dedication over the years with great admiration. Their website portal www.MHProNews.com has become a staple of my morning read with amazing interactive charts & graphics, breadth & clarity in their articles, and passion which no one can match in our industry. Thanks MHProNews! You rock!” – Casey Mack, Legacy Housing.
Thanks, Casey, and to all of those who take the time to share their thoughts.
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…
- 24% of Tesla Model 3 orders have been canceled, analyst says
- How 2006 changed the internet
- Domino’s plans to open thousands of stores
- Trump rips Fed for raising interest rates
- UK security officials warn of ‘new risks’ from Huawei
- How the NBA Finals and rainy baseball hurt eBay
- Comcast drops its $65 billion bid for 21st Century Fox
- Uber loses another top executive
- E-bikes are cannibalizing rides from Uber’s cars
- Disney chief Bob Iger wins his prize
- China’s yuan plunges again. Is a currency war coming?
- Tesla’s plan to make cars in China won’t be easy to pull off
- Berkshire’s best day in nearly 7 years
- Mark Zuckerberg clarifies his Holocaust comments
- Amazon Prime Day was bigger than Cyber Monday and Black Friday
- IHOP president: We’re still all about the pancakes
- China’s top ride-hailing company takes fight with Uber to Japan
- Uber fills ‘critical’ role of chief privacy officer
- JPMorgan takes its fund for entrepreneurs of color to Chicago
- Lloyd Blankfein is about to have a lot of job options
- Larry Kudlow: No recession in sight
- What’s rattling investors?
- Justice Department asks court to expedite AT&T appeal
- Europe’s fine against Google is too little, too late
- Google’s $5 billion fine didn’t even move Alphabet stock
- Why Ford is revamping an iconic Detroit landmark
- How innovation saved Detroit
- Papa John’s founder says it was a ‘mistake’ to resign
- First it was Pfizer. Now Novartis has frozen drug prices in the US
Select Bullets from Fox Business…
- American workers are about to up their game
- The ‘Pledge to America’s Workers’ is aimed at creating 500,000 new opportunities.
- Trump criticizes Federal Reserve over interest rate hikes
- Small businesses face ‘critical shortage’ of skilled workers: SBA’s Linda McMahon
- Xi to Trump: Don’t blame me for blocking trade deal
- Hey millennials, you need to start investing, not just saving, for retirement
- Should American businesses worry about a trade war with China?
- Amazon ‘Prime Day’ glitches cost company up to $99M: report
- Tesla Model 3 cancellation risk causes analyst to put brakes on outlook
- New Zealand company tested four-day work week, results may surprise you
- Gatorade chief says new ‘customized’ sports drink is a game-changer
- Universal basic income won’t work in cities: expert
- Eagles star Nick Foles tops NFL merchandise sales ahead of 2018 season
- Ford recalls 550,000 vehicles for roll-away risk
- Wells Fargo refunding millions for add-on products, report
- Good news/bad news on Social Security
- Tennessee zipper company in crosshairs of buy-American laws
- Trump workforce re-training order could create 500K new job opportunities
- The initiative will target Americans of all ages, from college students to older workers.
- Here’s what the Trump administration has done so far to lower drug prices
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 –
Last year, readers of this evening feature on MHProNews will recall that headlines about North Korean missile tests were causing market jitters.
For the past few months, the saber rattling has been silent.
Earlier this year, the U.S. passed a historically large military budget. Whatever one thinks about that, it is what it is, and one question that ought to be asked is, where are those dollars going?
This video doesn’t answer that completely, but it does shed light on part of what the Trump Administration’s thinking is on military and weaponry.
This is deadly serious news about a developing weapon system, which hopefully will never need to be used. But it is an example of what the proper role of the federal government is, namely, defense of the nation. That defense makes all business possible.
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.
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.