MHCV values went down -0.24% today. Only a few of the MHCV stocks we track went up: LPX 2.48%, CVCO 0.41%, AMG 0.37%, CG 0.19%.

CNN Money tells MHProNews that the Federal Reserve said it will remain “patient” and not rush to boost interest rates. But the writing is on the wall. Rate hikes are coming sooner rather than later.

After nearly six years of a surging U.S. stock market, investors are worried about how much longer it will last. The bears build their case that a crisis is near on four factors: falling oil prices, stagnant wages, the “two-edged sword” of a strong US dollar, and big trouble abroad.

“Earnings and economic activity are actually weakening, not strengthening,” says James Abate, chief investment officer at Centre Asset Management, which manages more than $8 billion. “The growth outlook, to us, is deteriorating.”

Listed below are the closing numbers for today’s stock trading.

          Dow Jones               17,191.37             -195.84    (-1.13%).

          S&P 500                    2,002.16             -27.39     (-1.35%).

          Nasdaq                      4,637.99             -43.50     (-0.93%).

The Yahoo! Finance Manufactured Housing Composite Value (MHCV): Composite Value: 544.0  Today’s Change: -0.24%

 As of approximately 4 PM ET: CNNMoney and Google Finance tell MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) 205.61 +0.76 (0.37%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, 21^st Mortgage Corp., and other factory built housing industry suppliers. 217,160.00  -4,351.00 (-1.96%).

Carlyle Group (NASDAQ:CG) 26.43  +0.05 (0.19%).

Cavco Industries, Inc. (NASDAQ:CVCO) 73.56  +0.30 (0.41%).

Deer Valley Corporation (OTCMKTS:DVLY) 0.600  0.000 (0.00% Dec. 31).

Drew Industries, Inc. (NYSE:DW) 49.67  -1.02 (-2.01%).

Equity LifeStyle Properties, Inc. (NYSE:ELS)  56.01  -0.30 (-0.53%).

Killam Properties Inc. (TSE:KMP)  10.97 -0.07 (-0.63%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.100  0.000 (0.00% Jan. 8).

Louisiana-Pacific Corporation (NYSE:LPX) 16.13  +0.39 (2.48%).

Nobility Homes Inc. (OTCMKTS:NOBH) 9.40 -0.10 (-1.05% Jan. 22).

Patrick Industries, Inc. (NASDAQ:PATK) 42.25  -0.01 (-0.02%).

Skyline Corporation (NYSEMKT:SKY) 3.94  -0.14 (-3.43%).

Sun Communities Inc. (NYSE:SUI)  69.05  -0.19 (-0.27%).

Third Avenue Value Fund Institutional Class (OTCMKTS:TAVFX) 56.02-0.31(-0.55% Jan. 27).

UMH Properties, Inc. (NYSE:UMH)  9.59  -0.05 (-0.52%).

Universal Forest Products, Inc. (NASDAQ:UFPI) 49.34 -1.08 (-2.14%).

(Graphic credit: CNNMoney)

 

Article Submitted by Sandra Lane to – Daily Business News- MHProNews.