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:
- Trump makes false jobs claim at UN
- Fiat Chrysler recalls nearly 500,000 pickup trucks
- Slam dunk for Adidas as sales top Nike’s Jordan line
- Equifax’s troubles keep piling up
- Americans worried about Equifax. But not taking action
- Twitter has shut nearly 1 million terrorist accounts
- Ellen Pao: I turned down millions to tell my story
- Germans are falling out of love with their carmakers
- Chipotle’s recovery hopes melt with ‘gritty’ queso
- 3 signs you’re living beyond your means
- This pension fund is now worth $1,000,000,000,000
Selected headlines and bullets from Fox Business:
- Trump administration prepares to ease export rules for U.S. guns
- Wall St edges up on financials as Fed eyed
- Oil edges off recent high ahead U.S. stock data, OPEC meet
- Hurricane costs give Fed fresh challenges
- Trump’s fiery UN speech earns him international praise
- Fox News: Powerful 7.1 magnitude quake shocks Mexico City
- Trudeau adds fuel to Boeing dispute with renewed pressure to drop Bombardier trade complaint
- Nike, Under Armour struggles to continue: Wells Fargo
- Fiat Chrysler recalls 443,000 Ram trucks for fire risk
- Why Amazon’s tax bill is puny compared to rivals
- Kathy Ireland Worldwide will remain a private company: Kathy Ireland
- Judge Napolitano on FBI wiretapping Manafort: How could Comey not know?
- GOP has potential agreement on tax reform cost
- Tax reform push irking deficit conscious lawmakers
- States expand investigation of opioid makers, distributors
- Retail Apocalypse: 20 big retailers closing stores in 2017
- Millennial home buying, saving challenges could hurt the overall economy
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 2,506.65 +2.78 (+0.11%)
Dow 30 22,370.80 +39.45 (+0.18%)
Nasdaq 6,461.32 +6.68 (+0.10%)
Crude Oil 49.58 -0.33 (-0.66%)
Gold 1,314.20 +3.40 (+0.26%)
Silver 17.35 +0.19 (+1.13%)
EUR/USD 1.1994 +0.0043 (+0.36%)
10-Yr Bond 2.243 +0.014 (+0.63%)
Russell 2000 1,440.40 -0.68 (-0.05%)
Manufactured Housing Composite Value
Today’s Big Movers
For all the scores and highlights on tracked stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
Today’s Spotlight – White House Reads to MHProNews
Several manufactured home production centers depend on imports and/or foreign labor. Saber rattling by “rocket man,” Kim Jung Un has routinely thrown wrinkles into U.S. and/or global markets. So the president’s trip and address to the United Nations (UN) is worth consideration. The president said that “rocket man” was on a suicide mission, and that the U.S. may have totally destroy North Korea if Kim Jung Un’s nuclear program isn’t stopped.
In a release to MHProNews, this is what the White House says it’s “reading” in the mainstream media today.
“Farnaz Fassihi and Eli Stokols of the Wall Street Journal write about President Trump’s comments to the United Nations, focusing on the President’s belief in the “tremendous potential” the U.N. has to become more effective and influential. The article states President Trump wants the organization to “focus more on people and less on bureaucracy,” and is dedicated to a variety of institutional overhauls. A U.S.-drafted 10-point document titled “U.N. Reform Declaration” asks countries to “commit to reducing mandate duplication, redundancy, and overlap including among the main organs of the United Nations,” and encourages U.N. Secretary General Guterres to “pursue impactful and field-centric management reforms,” Fassihi and Stokols report.
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“The Daily Signal outlines several of the reforms that U.S. officials have said President Trump will be pushing at the U.N. General Assembly, saying he will “focus on ensuring that other countries take a more equitable burden to ensure international security, to demand greater accountability of U.N. officials, and to reduce the budget by eliminating duplication.”
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“Regarding tax reform, Chris Edwards writes in USA Today “if the GOP focuses on pro-growth tax changes, we shouldn’t worry about the short-term hit to the deficit,” as the corporate tax rate cuts in countries like Canada and Britain show that a more competitive tax code will benefit America in the long run. Edwards states that over time, with a corporate tax rate cut, companies would “build more U.S. factories, bring foreign profits back home, and evade taxes less.”
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“In Obamacare news, The Washington Free Beacon reports that “next year, average benchmark premiums for Obamacare plans are expected to rise 15 percent more than they did this year, according to projections from the Congressional Budget Office.”
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“On Graham-Cassidy and the repeal of the Affordable Care Act, The Atlantic’s Russell Berman reports that the new GOP bill is gaining momentum as the White House has reengaged Republicans in an effort to guarantee a simple majority win before the September 30th deadline.”
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).
Manufactured Home Industry Connected Stock Markets Data
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.
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