When news broke earlier that former White House and Trump Campaign team member, General Michael Flynn agreed to a guilty plea, the market’s tanked.
They’ve since largely recovered.
We’ll tell you what’s behind the curtain. We’ll also share expert analysis on what has and is likely to actually take place as a result of the Flynn guilty plea, and related.
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:
- NBC source: Lauer will not receive a payout
- This isn’t the market’s first Trump panic attack
- Nobel winner: Bitcoin ‘ought to be outlawed’
- Wall Street rocked by Michael Flynn, tax debate
- 10 years after recession: have we recovered?
- The Financial Advisor Questionnaire
- Content by Brighthouse Financial
- Fire risk prompts new rules for ‘Smart Bags’ on AA
- FIFA is struggling to find sponsors for Russia 2018
- Feds want to seize Martin Shkreli’s Wu-Tang album Trending
- NBC News chair: ‘we must do a better job’
- Can a shakeup reverse Blue Apron’s slide?
Selected headlines and bullets from Fox Business:
- After Flynn plea deal, Mueller likely to target Kushner: Gasparino
- Dow trims losses as investors digest Flynn news, eye tax reform progress
- Flynn prepared to testify Trump directed him to contact Russians: ABC
- Michael Flynn FBI plea deal opens pathway to Donald Trump: Judge Napolitano
- Donald Trump reportedly expects to be cleared in Russia probe
- Donald Trump ‘the candidate’ did not commit a crime: Gregg Jarrett
- did not commit a crime: Gregg Jarrett
- Car prices hit record high, but US automakers see mixed November sales
- Matt Lauer’s lawyers reportedly want $30M payout: Will he get it?
- S. economy is coming out of crisis mode: UBS Chairman
- One loser in the House tax plan: divorcing couples
- Equifax to Uber, executives could soon serve jail time over hacks
- CVS, Aetna merger: What it means for you
- Bethenny Frankel on Puerto Rico relief efforts: Somebody dropped the ball
- Macy’s ups seasonal hiring after strong start to holidays
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 2,642.22 -5.36(-0.20%)
Dow 30 24,231.59 -40.76(-0.17%)
Nasdaq 6,847.59 -26.39(-0.38%)
Crude Oil 58.34 +0.94(+1.64%)
Gold 1,283.30 +6.60(+0.52%)
Silver 16.35 -0.03(-0.16%)
EUR/USD 1.1897 +0.0008(+0.07%)
10-Yr Bond 2.362 -0.055(-2.28%)
Russell 2000 1,537.00 -7.14(-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 –
As MHProNews reported months ago, Democratic supporter and Harvard Law professor Alan Dershowitz isn’t alone in saying that communication – or even most forms of so-called ‘collusion’ allegations – aren’t a crime.
Fox News legal analyst Greg Jarrett and others have a similar take.
When the White House said that the General Michael Flynn guilty plea reflects on the former White House official, not on President Donald J. Trump or others, that’s largely correct.
The news came on the same day that Senate GOP Leader Mitch McConnell announced they “have the votes” to pass the tax cuts and reforms bill.
That news, plus a better understanding of the false narrative of collusion, helped the markets regain their footing, recovering from most of the day’s early losses.
For those who want to hear the blow-by-blow details, three videos sum it up.
No Logan Act Violation by POTUS Trump
Not Only Not a Bombshell, “This Isn’t Even a Firecracker”
Democrat Dershowitz: I see No Collusion Between Trump and Russia – Not a Crime If There Was
So, where’s the beef?
The Daily Business News has reported for months that the Trump agenda was pro-growth, pro-jobs and that 1-year market summaries linked further below prove, are already more successful than most anyone would have predicted a year ago.
During a transition, it is expected that the incoming administration would have contacts with Russians and other foreign powers.
For much of the media that has chassed ‘Russian collusion’ for a year, they’ve boxed themselves into a narrative that numerous experts say has led no where unexpected.
So, while talking heads may try to spin the facts into something dark and dramatic, ‘there is no there there.’ Some say the Mueller investigation, which has spent some $5 million dollars to date, is likely to run a few more months, but has no basis to charge the president or his inner circle with anything that amounts to an illegal activity.
While there are supporters and detractors for Project Veritas, the spunky group has this CNN producer saying on camera months ago, that Russia collusion is in part about ratings and ad dollars. ICYMI, that report and video, linked below.
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
Profitable Insight$ – 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.”
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