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Home > Analysis and Commentary, Business, Canada, Manufactured Home Communities, Manufactured Housing Industry, News, Stocks, Trends > 2019, No Recession Says Goldman, 2 Sides – U.S.-China Insights, Plus MH Market Updates

2019, No Recession Says Goldman, 2 Sides – U.S.-China Insights, Plus MH Market Updates

December 31st, 2018

CNNmoney12.31.2018ManufacturedHomeStocksMarketsReportsMHProNewsOn a day that Manufactured Housing (MH) tracked stocks generally rose, we’ll look at one of the broader non-MH drivers in the news.  The South China Morning Post (SCMP) is akin to an official organ for the Chinese communist government.  We’ll share their version of the U.S. China trade talks status, which has kept investors edgy.  We will also consider some data, plus the views of China expert, Gordon Chang tonight.  This is an issue that many market watchers say are one-of-the-drags on U.S. investors.  Markets in China, as a result of the trade-tariff tiff?  They are way down for 2018. 

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 belowafter the newsmaker bullets and major indexes closing tickers.

 

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…

  • The year was a record-setting year for stocks, but it’s one investors would rather forget
  • Stocks fell just about everywhere in 2018
  • Chip-maker AMD among the best stocks of the year…
  • …while Coty and GE are the worst
  • A head-spinning 10 days in the markets
  • Brexit 2019: UK will choose between recession and relief
  • ‘Ninja,’ the Fortnite streamer who’s one of video gaming’s biggest stars
  • Activity at China’s factories contracts for the first time since 2016
  • Why Washington is making Wall Street so jumpy
  • Carlos Ghosn’s detention gets extended yet again
  • India’s economy had a wild 2018. Will next year be better?
  • It’s do-or-die time for Sears
  • Passanten stehen vor dem Schaufenster des Tesla-Showrooms am Kurfürstendamm in Berlin.
  • Tesla’s tax credit is getting sliced in half at the worst possible time
  • Retail’s Amazon antidote: Buy online, pickup in store
  • What to expect from 2019’s ‘post-peak’ economy
  • It’s only a matter of time before China ends up with our Facebook data
  • How populism will cause a crisis in markets in 2019
  • Interviewing while Black: How race affects salary negotiations
  • How three men created a $1 billion salad chain
  • When you buy a designer bag off Instagram, an influencer gets paid. Here’s how
  • As a man of color, he couldn’t find a razor he liked. So he created his own
  • Can Slack — the ’email killer’ — translate worldwide?

Select Bullets from Fox Business

  • December wraps down month for stocks
  • These stocks are emerging as the top picks for 2019
  • US economy, markets: What to expect in 2019
  • Elon Musk, Amazon’s Bezos and Fed’s Powell land on 2018 blunders and bright spot list
  • Elizabeth Warren vs. Wall Street: What to know
  • Amazon to expand Whole Foods across the US
  • Trump trade war taking toll on China’s economy?
  • Sears, Mattress Firm lead retail bankrupt 2018 list
  • 2019: Biz Trends to Watch
  • Uber, Slack 2019 IPOs may lead market
  • IPO revival may be led by these 6 companies.
  • Here’s what stocks Bank of America is betting big on in 2019
  • Recession unlikely in 2019, El-Erian says
  • Tax season: How you can come out a winner
  • Only this many Americans can cover a $1,000 emergency
  • These US taxpayers face higher dues thanks to new law
  • Judge clears the way for appeal of ruling against health law
  • A budgeteer’s guide to New Year’s Eve
  • Sears to shutter 80 more stores in 2019, here’s where
  • Oil 2019 comeback in the cards
  • Bear market rallies are sharp, quick and usually short
  • Opinion: Beef, romaine recalls just tip of iceberg: Here’s how blockchain can help
  • Is a recession coming in 2019? Nearly half of US CFOs think so
  • Housing: The new recession-proof investment?
  • Why the US economy will likely fall into a recession next year

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance12.31.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue12.31.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

2019NoRecessionGoldmanUSChinaTradeDailyBusinessNewsMHproNews

The U.S. has markets had the worst “December performance since the Great Depression in the 1930s and its second down year since 2008,” said Fox Business. So while the markets closed up today, and have been recovering overall in the past few sessions, 2018 stocks stands in stark contrast to the strong economic performance for the year.

But sources say it has been worse on China. “China’s economy and stock market are showing signs of softness amid an ongoing trade war with the U.S.,” said Fox Business today.

China’s Bureau of Statistics announced today that manufacturing activity shrank in December – for the first time in more than two years.

China’s Purchasing Managers’ Index was 49.4 this month was the weakest level recorded since February 2016, according to Reuters. That was the result of a drop in new export orders.

Meanwhile, the major Chinese stock index suffered double-digit losses in 2018. The Shanghai Composite fell more than 24 percent for the year, its largest annual decline in a decade,” said FBN.

During the third quarter, China’s says that their GDP growth missed expectations, coming in at 6.5 percent. But U.S. China expert and author Gordon Chang points to reports that dispute China’s officials claims.

Before we get to Chang’s commentary, let’s see what the South China Morning Post (SCMP) said today.

 

 

Then, there’s the take from Gordon Chang on FBN.


As noted last week, the economic fundamentals here in the U.S. remain strong.  Goldman projects a slowing, but still sees economic growth ahead for 2019.

There are obviously other market movers, some of those reflected in the bullets from CNN and Fox above. The Fed, FAANG, political uncertainty which has led to investor jitters, and more have been noted.

So, the last word on the last report for 2018 is about to hit the history books.  A good year for many in business, but a tough year for investors in what became 2018’s volatile markets.

We’ll plan on looking at an interesting 2018 report from NASDAQ that sheds some light on the market gyrations from an investors view, barring the unforeseen, that is report, FAANG updates, and more are planned for the days ahead.

 

Related Reports:

7 Facts Can Free You from Bear Market Fears, Plus MH Market Updates

Divergence-Real Economy vs. Market, POTUS Blames FED, Market Plunge Deepens, Plus MH Equities Updates

 

 

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).

12.31.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes21st 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.

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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(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.


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