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As Washington Boils, and Trade Roils, POTUS Heads to MN for Rally – Plus MH Market Updates

June 20th, 2018 No comments

CNNmoney6.20.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe carefully orchestrated backlash to the enforcement of federal immigration law has taken center stage in media for the last 2 days. Forgotten is who passed the law, or that Presidents Bush and Obama to various degrees had a similar policy of enforcing the law.  Trade is still on investors minds, as markets closed mixed.  Having signed an executive order on the issue of separating children from those who crossed the border illegally, President of the United States (POTUS) Donald Trump heads to the battleground state of Minnesota to campaign ahead of the midterms.  That will be our focus tonight.

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.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • ‘Stranger Things’ caused an Eggo boom. Now sales are waffling
  • Walmart ‘disturbed’ its former building is migrant shelter for kids
  • Shale exec: US will be the world’s biggest oil producer by the fall
  • Iran: OPEC should stick to its production limits
  • Amazon, Berkshire and JPMorgan announce CEO of their health care company
  • CEOs call out Trump’s ‘heartless, cruel’ border policy
  • Seth MacFarlane, Judd Apatow and other Fox talent slam Fox News’ border coverage
  • China’s economy shows signs of slowing. A trade war won’t help
  • Chinese investment in the US has plummeted 92% this year
  • Europe will hit US products with tariffs starting Friday
  • Why investors should bet on individual stocks
  • Is Manhattan’s rental market finally cooling off?
  • Hate on Facebook all you want. The stock’s at an all-time high
  • Wells Fargo’s ethics hotline calls are on the rise
  • Gatorade is going sugarless for the first time
  • How office design can isolate women
  • The world’s biggest advertiser wants women to produce half of its ads
  • Top bitcoin exchange says over $30 million in cryptocurrencies stolen
  • Ford and Volkswagen may develop vehicles together
  • Nearly a quarter of Americans have no emergency savings
  • Elon Musk: Tesla worker admitted to sabotage
  • Starbucks says it will close 150 stores next year
  • Telecom companies say they won’t share your location data anymore
  • ‘Alexa, order me room service.’ Amazon’s voice assistant checks in to Marriott hotels
  • CVS will now deliver your prescription

Selected headlines and bullets from Fox Business:

  • AMC Theatres launches subscription movie service to rival MoviePass
  • American, United shares rise as airlines rip Trump immigration policy
  • Stocks mixed amid trade and immigration talk
  • 21st Century Fox accepts Disney’s higher bid
  • Could China turn to Iran oil? Former Exxon president weighs in
  • New 1040 tax form will be the size of a postcard
  • Germany’s largest automakers back abolition of EU-U.S. car import tariffs
  • Clinton gets ‘kid gloves,’ while Trump gets ‘brass knuckles:’ Grassley on IG report
  • Teenager becomes millionaire with healthy candy business
  • How Trump’s steel tariff is helping mining industry in Minnesota
  • Tesla sues former employee for allegedly stealing company secrets
  • Immigrant entry for all is not sustainable: Varney
  • For some Americans, ride-sharing more affordable than car ownership
  • Buffett, Bezos, Dimon find health care CEO in Harvard professor
  • Genesis, Kia, Hyundai lead the way in initial quality
  • 9 ways to save on vacation this summer
  • Tip: Try to book last minute. Planning early doesn’t always save you cash.
  • Google AI can predict when you will die
  • For some Americans, ride-sharing more affordable than car ownership
  • Would you be better off selling your car and taking Uber or Lyft?
  • Dubai real estate a hotbed for money laundering: report

 

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

9MarketIndicatorsYahooFinance6.20.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.20.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

POTUS Trump’s approval numbers are near his record high since taking office, and are as good or better than Presidents Reagan, Clinton, Bush, or Obama at about this same point in their presidency.

Talk of a blue wave is vaporizing, but not gone.  Some GOP hopefuls are cautiously hoping for a red wave in November, based upon the best economy in years.

But Democrats have found an issue with the border and separating children from parents.  The narrative and echo chamber are having some impact with voters, according to a CNN poll.

Against the backdrop of the so-called trade war with China and others, plus the immigration issue, the president will be in Minnesota for a rally to support his party in a state he narrowly lost in 2016, and in a district that he won.

The bullets are from CNBC.

•          President Trump holds a rally in Minnesota on Wednesday as he faces widespread backlash over his administration’s policy of separating migrant children from parents. The president signed an order Wednesday afternoon aiming to end the practice.

USTopDestinationForImmigrantsToCometo2009GallupManufacturedHousingIndustryDailyBusinessNewsMHProNews

POTUS Trump is a pragmatic leader on a challenging issue.

•          Minnesota is a key midterm election state, and Trump has increasingly tied the critical elections to his efforts to crack down on illegal immigration.

•          Minnesota will elect two senators this year and has four highly competitive House races.

•          In November, Minnesota will elect a governor and two senators, due to the resignation of Democratic Sen. Al Franken over sexual misconduct accusations. Nonpartisan analysts consider four House seats — two each held by Democrats and Republicans — as toss-ups.

•          Minnesota as a whole is hardly Trump country, as Democrats have carried it for decades in presidential elections. However, Democrat Hillary Clinton won the state by fewer than 2 percentage points in 2016. That made the state more appealing to Republicans for both 2018 and Trump’s re-election bid in 2020.

•          Trump will speak at 6:30 p.m. local time in the 8th District, a broad area in northeastern Minnesota represented by Democratic Rep. Rick Nolan. The seat is one of the GOP’s top House targets. Trump won the district by about 15 percentage points in 2016 and Nolan will not run for re-election.

WashingtonBoilsTradeRoilsPOTUSHeadstoMNMHMarketUPdates

Still from video

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).

6.20.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

Different Kind of Community Closure, Continues Grabbing Headlines in Mainstream News

June 18th, 2018 No comments

DifferentKindofCommunityClosureContinuesGrabbingHeadlinesMainsreamNewsManufacturedHousingIndustryDailyBusinessNewsMHPronewsDon’t pretend that this isn’t happening, folks,” said receiver Mark Adams, addressing a gathering of the remaining residents of the Loyalton Mobile Estates, per KOLOTV. I’m sympathetic. I understand this is where you’ve been living, but it is what it is and it is happening.”

That was several months ago, and the community is now vacant.

Debris marks some of the sites where homes once stood for years.

The sad end of Loyalton Mobile Estates is one of those stories that finds its way into the mainstream media, and is revisited time and again. The scenario in Loyalton, while it has some less common wrinkles, can go on for several years.

LoyaltonCALoyaltonMobileEstatesDailybusinessNewsMHProNews

Balance

Industry professionals can point to the fact that aging apartment complexes or even single-family housing neighborhoods can also come to controversial or gloomy endings. Stories of block after block of bulldozed houses in Detroit, post 2008, can serve to make that point.

But the tale of Loyalton has little or no visible MH advocate pushing back, as the current and prior video reports below reflect.

Like it or not, part of the reason manufactured home living has an image issue is tied to the issue of community closures. The challenge for manufactured housing (MH) industry professionals who want to sell more homes is that people don’t have as much skepticism when it comes to apartments, or single family housing, as they do toward MH. 

 

That’s not mere opinion, because research such as housing super-site Zillow, which shows that manufactured homes are often at the lowest percentage of options being considered by housing seekers.  Rephrased, retailers and communities alike are impacted, and that means that producers, lenders, and all others in the industry are too.

Fact-based and troubling tales such as Loyalton Mobile Estates are part of the reason why.  It’s a challenge that arguably can and is being navigated by some, at their local level.  But such issues can’t just be ignored by those who want to see the industry return to its glory days, and to achieve its new potential.

MobileHomeShipmentsManufacturedHomeShipmentChartMHIAShipmentsMHIndustryChampionSkylineHUDCodeDailyBusinessNewsMHProNews

What was accomplished previously in sustainable shipment levels, can clearly be done again.  But that won’t happen by ignoring the factors that hamstring the industry’s full recovery. 

 

The Latest from Loyalton

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

News tip? Click the image above or iReportMHNewsTips@mhmsm.com.

Seven months after they were evicted from their homes on short notice, the former residents of a Loyalton mobile home park have difficulty moving on, and their former neighborhood still troubles the community,” said KOLOTV.

Sierra Booster and other local media accounts indicate the owner of the property had abandoned the community, apparently after a failed attempt to sell it.

LoopNet lists the now-vacant 10.37 acres of land for sale at $425,000.  The property once had 51 home sites. For those who’ve spent years looking at manufactured home communities of all kinds, this certainly didn’t appear to be one of the worst.

Public officials have indicated a willingness to consider new manufactured homes on this same site.

LoyaltonMobileHomeParkLoopnetManufacturedHousingIndustryDailyBusinessNewsMHProNews

There’s a huge back tax liability owed the County [on Loyalton Mobile Estates] and a $200,000 water and sewer bill owed the City of Loyalton,” per Sierra Booster. KOLOTV stated that the back-tax bill was some $300,000.

Naturally, other expenses had been paid by the receiver.  That includes relocation of some of the residents, along with clean up, plus other costs. While stories like this are a tiny sliver of most manufactured home land-lease communities, it leaves the impression that ROC USA President Paul Bradley described as that 1 in 100 chance of being eaten by a lion.

PromotingHomeOwnershipMobileHomeParkClosurePaulBradleyROCUSA_postedManufacturedHousingIndustryVoices-MHProNews-

That fuels the stigma noted in a pro-MH column by Californian Jonathan Lansner.  Insights on Lansner’s push are found in the CA related story, linked below.

Ease Shortage with 400,000 More Manufactured Homes for California, says Jonathan Lansner, MHI’s Next CEO?

 

MHVillage and Loyalton Mobile Estates

Google still has roughly a decade old street view images from Loyalton Mobile Estates, so perhaps it is no surprise that MHVillage still lists the location as an MH community.

LoyaltonMobileEstatesDailyBusinessNewsMHPronEws

Such stories are not fun to report.  But this the type of issue that the industry’s marketing and sales professionals particularly face the consequences of, as reflected by low conversion ratios.

MHVillageLogoDataStatisticsManufacturedHousingINdustryDailyBusinessNewsMHproNews600

Their data and statistics are alarming, but they are also an opportunity in disguise. They point to the absolute need for the correct type of education.  This shouldn’t be construed as a put-down on MHVillage, but rather as a reality check for the industry.  Ignoring such issues doesn’t help the industry break out, and reach its potential.

It is part of the background noise that consumers who are shopping online for a manufactured home, and how check news reports, will stumble upon.

Does it help explain why MHVillage’s statistics reflect such a low conversion ratio?  It’s an example of what industry veteran Marty Lavin has called “the other image campaign.”

These are difficult realities, but they are also opportunities in disguise for forward thinkers who don’t ignore the problem, but rather face it head-on,” said consultant and publisher L. A. ‘Tony’ Kovach.

These are the kinds of controversial challenges that perhaps the newly forming national community association may consider tackling.  See the related reports to learn more. (News, analysis, and commentary.)

Related Reports:

Hundreds of New Manufactured Home Communities Opened, But How Many Have Closed? Industry Research Result$

Manufactured Home Communities, Retailers, Developers Face Disruptive, Troubling Trend

‘Tip of Iceberg’ – Rick Rand; Marty Lavin, Communities have ‘No Confidence’ in Manufactured Housing Institute, New National Trade Group Announced

 

NorthStar and Manufactured Housing Radix

5 Steps for Making Lemonade from Lemons, Monday Morning Manufactured Housing Sales, Marketing Meeting

 

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

The Art of the Deal – President Trump’s Video Presentation to NoKo Chairman Kim Jung Un Released, Plus MH Market Updates

June 12th, 2018 No comments

CNNmoney6.12.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe White House has released the English and Korean versions of a video presentation that President Donald J. Trump shared with North Korean leader Kim Jung Un at their historic summit meeting. That video will be part of our featured report this evening.

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.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

Selected headlines and bullets from CNN Money:

  • Tesla cuts 9% of staff
  • Trump had a chance to cut Canada’s dairy tariffs. He walked away
  • Investment manager: Bet on financial companies and PayPal
  • ‘Avengers: Infinity War’ joins an exclusive club of films that top $2 billion
  • Jeep Grand Cherokee and Ford Explorer get worst ratings in crash test
  • When a sexual harasser is a customer
  • Interest rates are about to rise again
  • These sanctions will keep squeezing North Korea’s economy
  • Could North Korea become an opportunity for US companies?
  • Why Trump went on a media tour after the Singapore summit
  • Uber targets millions of new users with lite app
  • Chinese smartphone maker Xiaomi is going after Europe
  • Made in America: The German cars Trump doesn’t want
  • Louboutin wins fight to prevent red sole copycats
  • Ivanka Trump and Jared Kushner detail vast wealth
  • Uber’s Bozoma Saint John leaves after one year
  • Net neutrality rules are now repealed. Here’s what that means
  • A new approach to cybersecurity: let the hackers in
  • Amazon expands Whole Foods discounts to 10 states
  • Analysis: The future of media isn’t media
  • UK companies will have to explain CEO pay
  • Craigslist founder gives $20 million to journalism school
  • How big brands are trying to pull off a recycling revolution
  • There’s a new way to earn Starbucks coffee points
  • Billions in cryptocurrency wealth wiped out after hack

Selected headlines and bullets from Fox Business:

  • AT&T prevails as Time Warner takeover gets OK from judge
  • AT&T’s $85 billion quest for Time Warner: The trial’s greatest hits and misses
  • AT&T –Time Warner’s $85B deal decision: 4 scenarios
  • Trump ‘can’t jump ahead’ in North Korea negotiations: Leon Panetta
  • Trump, North Korea deal too focused on US actions: Paul Wolfowitz
  • Stocks take US-North Korea summit outcome in stride
  • Credit service Intuit shuts down payments on all gun purchases
  • Investors flocking to American stocks – here’s why
  • Trump, Kim summit much more than just a handshake: Varney
  • Seattle may pull ‘head tax’ after Amazon, Starbucks cry foul
  • Tesla Model 3 production on the rise? Shares climb on upbeat Wall Street forecast
  • Trump, Kim Jong Un talks ‘significant’ despite vague agreement
  • Small business optimism soars, resulting in increased hiring and wages
  • McDonald’s to reveal restructuring plan
  • Trump, Kim summit leads to real estate boom in this Chinese trade city
  • Robots could replace as many as 10,000 jobs at Citi
  • Union to meet with GE in last-ditch effort to save Virginia plant
  • Jeep Grand Cherokee, Ford Explorer get ‘poor’ ratings in new safety test
  • Both 2018 car models failed to pass front passenger crash tests.
  • Investors flocking to American stocks – here’s why
  • Here’s what fund managers think about the state of the global economy.
  • OPEC sees uncertain outlook for oil market
  • OPEC likely in no rush to relax their output cuts

 

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

9MarketIndicatorsYahooFinance6.12.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.12.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

Vanity Fair panned it, and it will be no surprise if others in the ‘never Trump’ parts of the media do too.

But nothing proves value as much as success.

It was a video production designed for a specific audience, one person. North Korean (DPRK) leader Kim Jung Un.

The Daily Business News report on the meeting is linked below, complete with the agreement that the two signed.

ArtOfDealPresidentTrumpsVideoPresentationToNoKoDPRKChairmanKimJungUnReleasedMHMarketUpdatesDailyBusinessNewsMHProNews

Still from White House video.

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).

6.12.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

 

Pending Federal Case Could Open Flood Gates, Mergers and Acquisitions (M&A), Plus MH Market Up-dates

June 11th, 2018 No comments

CNNmoney6.11.2018ManufacturedHomeStocksMarketsReportsMHProNewsJudge Nap” expresses his take on what the pending AT&T-Time Warner deal could mean for other media deals that are waiting on the sidelines.  Could this set a precedent for manufactured housing industry M&As?  With manufactured housing stocks mostly up, that pending case and video will be our focus for tonight.

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.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Executives are cashing in on the explosion in stock buybacks
  • Uber’s Bozoma Saint John departs company after one year
  • Interest rates are about to rise again
  • Billions in cryptocurrency wealth wiped out after hack
  • G7 chaos is a PR win for China
  • OPEC president: US hasn’t asked us for more oil
  • Investors love what Italy’s new economy minister is saying
  • UK companies will have to explain CEO pay
  • The latest brew from Starbucks and Chase: A prepaid card for collecting coffee points
  • Craigslist founder gives $20 million to journalism school
  • A new approach to cybersecurity: let the hackers in
  • How big brands are trying to pull off a recycling revolution
  • IHOP reveals the mystery of IHOb
  • The 10 biggest tax breaks for individuals
  • Chinese companies may invest in North Korea. American? Not so much
  • Swiss bank shares rally as voters reject new rules
  • Elon Musk’s ‘not a flamethrower’ devices show up on eBay for thousands
  • Things don’t look good for Dodge and Chrysler
  • National security panel drops objections to Chinese firm’s purchase of American insurer
  • Ben Bernanke warns: This is the Wile E. Coyote economy
  • Questions pile up about why reporter’s records were seized
  • New Yorker’s Adam Davidson: The media is missing a ‘very simple’ story about Trump
  • CNN anchors reflect on the life of Anthony Bourdain
  • Journalist jailed by Iran: How Anthony Bourdain changed my life
  • TV networks, colleagues and fans pay tribute to Anthony Bourdain
  • Inside Anthony Bourdain’s globe-trotting career
  • Kate Spade and Anthony Bourdain: How the press can cover suicide without creating a ‘contagion’
  • Anthony Bourdain’s ‘Kitchen Confidential’ becomes Amazon top seller
  • Immigrant doctors in rural America are sick of waiting for green cards
  • Trump administration’s latest attack on Obamacare would gut protections for the sick
  • Disney’s John Lasseter, famed animator, to leave company following ‘missteps’

Selected headlines and bullets from Fox Business:

  • North Korea summit: How Trump will communicate, negotiate with Kim Jong Un
  • Stocks cautious ahead of Trump-Kim meeting
  • North Korea the next frontier for US businesses?
  • Kim’s capitalist kingdom of Korea
  • North Korea summit: What success is for Trump, Kim Jong Un
  • Net neutrality repeal a ‘blow to binge watchers’
  • PG&E shares fall as California links utility company to wildfires
  • North Korea cyberattack strength sits in the shadows of nuclear focus
  • Rolls-Royce, preparing to cut thousands of jobs, says engine problem has spread
  • Cryptocurrencies lose more than $42B following hack, regulatory crackdown
  • AT&T-Time Warner ruling sets precedent for Comcast-Disney bidding war: Judge Nap
  • Amazon expands Whole Foods Market discounts for Prime members
  • IHOP says ‘b’ in new name stands for ‘burgers’
  • US watchdog finds violations at Foxconn factory making Amazon devices
  • Trump trade beef with Canada: Former Canadian prime minister weighs in
  • Elon Musk’s flamethrowers hit eBay with sky-high resale prices
  • Trump must re-invite Philadelphia Eagles to White House, Chicago Cubs owner says

President Trump and the Eagles must put politics aside for the go

 

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

9MarketIndicatorsYahooFinance6.11.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.11.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

The decision will very much send a signal as to what to expect from the DOJ in the future,” Judge Andrew Napolitano said on Fox Business Monday morning.

The AT&T- Time Warner merger ruling could set the precedent for other media “M&A” deals in the works, Judge Andrew Napolitano said on Monday.

Court-watchers will be looking for clues in the ruling as to what this might mean for others, including, perhaps manufactured housing.

The president has indicated hinted at times an interest in taking on Amazon.

If so, that may be a parallel to action in the currently lower-profile manufactured housing industry.

LawCasesLawBooksLegalImagePendingFederalCaseCouldOpenFloodGatesMergersAquisitionsManufacturedHousingIndustryMHProNews

Related Report:

Wall Street Journal – Tech Giants are Monopolistic Threat to Businesses, U.S. Economy

Progressive “Nation” Reports on Monopolies Cites Buffett, Clayton, Others – MH Industry Impact?

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).

6.11.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

 

 

“Trailers for Sale or Rent,” “Pencil Head, Its Not a Trailer Park,” Manufactured Home Rental Reality Checks

June 11th, 2018 No comments
TrailersforSaleorRentPencilHeadItsNotATrailerParkManufacturedHomeRentalRealityChecks

Face on left is a still from the music video, below.

It’s classic Sam Zell. “Pencil head,” Zell would say to potential investors who didn’t completely ‘get it’ about what is known today as Equity LifeStyle Properties (ELS), “it’s not a trailer park.”

 

It’s not a trailer park. So true.

pencil-head-its-not-a-trailer-park-els-chairman-sam-zell-c2013lifestyle-factory-homes-llc-all-rights-reserved-manufactured-ho

To see the quote from an exclusive interview with Sam Zell, click the link here or the image above.

But the song by Roger Miller, King of the Road,” provides an interesting glimpse at a historic period in MHVille that ought to be reconsidered. In decades long passed, there once weretrailer parks.”

Miller’s song opens with these lyrics.

Trailer for sale or rent, rooms to let, fifty cents.

No phone, no pool, no pets, I ain’t got no cigarettes

Ah, but, two hours of pushin’ broom

Buys an eight by twelve four-bit room

I’m a man of means by no means, king of the road…”

King of the Road” was like a battle hymn of affordable housing populists in the mid-to-late 1960s.

TrailerHouseMobileHomeManufacturedHomeFactoryBuiltHousingEvolution101MHProNews-MHLivingNews

Make a habit of using the correct terminology.

Unlike the video posted above, those true trailer houses and mobile homes of that era were newer and nicer then. It wasn’t a scandal when Elvis Presley honeymooned in a mobile home.

Elvis & Priscilla Presley Honeymooned in this Mobile Home

As informed MH Industry professionals know, it wouldn’t be until June 15, 1976 that the first manufactured homes were built. That anniversary of the dawn of the manufactured housing era comes again, this week.

For some, as “Trailer House Trauma” dramatized, the trailers of yesteryear were often seen as cool, and classy.

“Trailer House Trauma,” Fresh Look at Manufactured Housing’s Opportunities

But over the years, somehow that higher degree of acceptability of mobile homes and trailer houses changed.

Part of the solution of the industry’s image issue today is to recapture its largely forgotten glory days.

To do so is both easy, and complex. For example, the industry must give every facet of pre-code mobile home owners – plus their early manufactured home evolutionary offspring – their well-deserved dignity and respect.

Affordable housing, then and now, ought to be celebrated.  Affordable housing can make even those ‘of modest means,’ King of the Road.”

MobileHomeShipmentsManufacturedHomeShipmentChartMHIAShipmentsMHIndustryChampionSkylineHUDCodeDailyBusinessNewsMHProNews

What was accomplished previously in sustainable shipment levels, can clearly be done again.

 

Rediscovering Mobile Home Parks, and Manufactured Home Communities

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The mainstream media, researchers, investors, and politicos are discovering – or rediscovering – manufactured home (MH) communities (MHCs).

Part of the business model mix today is the notion of renting vs. selling HUD Code manufactured homes.

As the Glen Miller song lyrics reminds us, for decades there have been some who rented instead of sold units. Zell has suggested that rentals must be well managed, and kept marginal.

Arguably, renting homes was revived in part as a response to the flaws of Dodd-Frank, and how the CFPB under Richard Corday implemented the regulations regarding manufactured home financing.

The interview with Sam Landy, JD, from a couple of years ago, makes the point why seller financing was often dropped.  That’s explained in a report with a video interview linked below from a large community owner’s perspective.  Landy is also an attorney, which puts even more insight to the concerns that motivated their change to rentals. All of the linked reports can be read later for the added details, quotes, and color.

 

Sam Landy, UMH CEO, on Dodd-Frank and The Preserving Access to Manufactured Housing Act – S 682/HR 650

 

Manufactured Home Producers, Selling and/or Renting HUD Code Manufactured Housing

To dozens of factories, it doesn’t matter much if the manufactured home being shipped are going:

  • into a development where the home will be rented,
  • to a retailer who will sell the home,
  • or into one of hundreds of the estimated 45,000 land-lease communities from coast-to-coast where presently it will often be rented rather than sold.

Indeed, as yet another community operator told MHProNews recently, the ROI on rentals is strong.

UMH is one of several REITs or private portfolio operators who rent more manufactured housing units than they sell.

As Don Westphal said during a Manufactured Housing Institute (MHI) meeting, there are reasons to hope that renting homes may introduce a new wave of people to the manufactured housing industry. They may, he said, as a result buy later on.

While Westphal’s point might make sense in theory, the total shipment data doesn’t yet reflect that reality. Could it be made so?

Possibly.

In as much as a modest percentage convert from renting to buying, the potential exists.

 

Manufactured Housing’s Multi-Family Housing Opportunity?

There are no throw away or filler articles published on MHProNews. Each post or report exists for specific reasons. As the publisher, we admit that in hindsight, there are articles that we frankly might blanch at today that were published x years ago. But at that time, based upon what we then knew, we then-and-now have aimed for relevant topics.

As a result, industry professionals have always rewarded us with their time, and read about double the pages per visit than the average mainstream news websites get, per third-party data.  While the data has changed (e.g.: more traffic now than then), the prior video plug below makes the point.

 

MH Opportunities Knock

That’s said in part because there are significant opportunities to develop with manufactured housing, using more manufactured homes as rentals.

We’ve examined numerous issues, and scrutinized several themes over the years.  We’re refining insights into critical topics in the last 2 years. Each refrain is important-to-vital for the future of the sustainable growth of MH independents.

In an upcoming video interview, we have a retailer on camera who sold numerous residential style manufactured homes to a developer.

That developer using manufactured homes is reportedly renting the units as fast as he can get them in and properly installed.

Rephrased, a manufactured home retailer sold upscale models to a developer, not entry level ones, to be used for rental housing. Those residents who rent those sharp homes will be able to bring their family and friends over, to show them off with pride.

That in turn may fuel more of Westphal’s hope that rentals could lead to more sales.  It is one of several possible approaches, including the recent report on ‘reaching for the sky‘ with high-rise manufactured home towers.

High-Rise Manufactured Home Stackable Towers, Compete with Modular/PreFabs, Density at Lower Cost

The multiple-story manufactured housing Daily Business News report above spotlighted how the industry could be going vertical in more ways than one. The better-known expression for going vertical in MHVille is linked below, and can be read later for more depth of understanding.

 

Multi-Family with Manufactured Homes

The points noted herein are many, and some are nuanced.

On the one hand, factory-home builders ought to be doing 500,000 to a million new HUD Code manufactured homes a year.  Yet this year, the current estimates are that MH will finish with around 100,000 (+/-) new home shipments.  Ouch.

LawrenceYunNARShort8.3MillionHousingUnitsRisingRentsHousingPricesCuredOnlyByMoreBuilding

There’s plenty of evidence – decades of proof of concept – that manufactured homes can be rented or sold. It’s a matter of chutzpah, the 7Ts, and establishing systems that allow one to scale results.

For example, as new apartments are going up, the evidence reflects that they fill up fast.

Bob Sullivan in Credit, citing the Urban Institute stated in a Nov 2017 report that “Today, single-family rental homes and townhomes make up 35% of the country’s 44 million rental units, compared to 31% in 2006.” and Almost all the housing demand in recent years has been filled by rental units,” says Sara Strochak, a research assistant with the Urban Institute. She also states that single-family rentals have gone up 30% within the last three years.”

Line those facts up with single-family manufactured homes, and the light-bulb for large, upside opportunities should be going off more often.

So, occasions for MHVille investing and earning more are actually more widespread than some in the business may realize.

 

Why the Low Production Numbers?

So why aren’t more new manufactured homes being shipped?

The reasons are many. But about a decade ago, capital constriction – artificially, by failing to follow federal law, and other forces – caused hundreds of retailers and numerous factories to fail or sell out for less. Related resources linked below will have more details.

Smoking Gun 3 – Warren Buffett, Kevin Clayton, Clayton Homes, 21st Mortgage Corp Tim Williams – Manufactured Home Lending, Sales Grab?

But some of what’s gone wrong is perception.

SteveDukeLMHATheTerminologyMattersBecausetheTerminologyDefinesTheConstructionStandardsDailyBusinessNewsMHProNewsMHLivingNews1

 https://www.manufacturedhomelivingnews.com/the-ultimate-manufactured-home-industry-fact-data-and-insights-bullets-plus-at-a-glance-infographic/

We beat the drums on terminology in part because of two words. “Trailer trash.” How many people do you know that want to be known as “trailer trash?”

 

Millennials Need Affordable Housing, but “Trailer Park Boys” stigma slows Manufactured Home Acceptance

 

For example, we made numerous strategic efforts, sadly without any assistance from the folks in Arlington, to recast the discussion on the T-word.

RevDonaldTyeJrManufacturedHousingAdvocateQuickestWayWealthIndustryVoicesMHProNews500

Note, this graphic will be updated with the link to Rev, Tye’s comments, later today.

When is it appropriate to use the word “trailer?”

ItsAsWrongtoUseNWordToDescribeBlackAsUseTWordTodescribeManufacturedHomeRevDonaldTyeJr.ManufacturedHousingNotT-railerNotNword

Isn’t this part of the antidote to the t-word issue?

When should the “T-word” be seen like the N-Word?

RevDonaldTyeJrBusinessmanManufacturedHousingAdvocateDailyBusinessNewsMHProNews

Tye explained that public housing – an entitlement – often yields addiction. Ownership vs. renting or living in “projects” leads to integrity, a view he likens to those of Dr. Martin Luther King, Jr.

The industry’s members and investors have several options to improve results. All of it should come down to a two words.

Compelling Education.”

Retailers, Communities, Developers, Financial Services, Producers and others must invest in education of their team, and the public. Those various forms of education must take place simultaneously.

That education must include a component that recognizes the dignity of our contemporary home buyers and residents.

That education must happen based upon facts, not hype.

The industry’s so-called leadership has arguably failed to make that case. It’s a reason why there are several alternative regional and national groups beginning to form to challenge MHI in the post-production advocacy.

ManufacturedHousingInstituteMHILogoMHIInfographicSnapshotFactCheckDailyBusinessNewsMHProNews600

 

Sam Landy was and is correct when he said that each company is responsible for its own marketing. Similarly, each operation is responsible for its own sales training program.

What is being “taught” by MHEI may have some value, but it clearly isn’t moving the industry’s needle, when making some common-sense comparisons, and reality checks.

RVAnnuaShipments2011to2016RVIALogoDataCompareManufacturedHousingIndustryDataDailyBusNewsMHProNews

The RV industry has sold rings around manufactured housing for years. Why? RVs cost more per square foot, and are a luxury item, not a necessity like housing. Thus, RV data, combined with the data from NAR’s Lawrence Yun tell us that manufactured housing could be doing a million new HUD Code homes annually, in a sustainable fashion.

Despite the evidence that MHI had a member company – ours, on the consulting side of our operation – that succeeded time and again at attracting the site-built buyer – sources say that MHI first attempted to sideline us, then tried to derail us.  It’s an outrageous conflict of interest, but per sources, not the first or the last.  But the question should be asked, why would they not spotlight that proof of concept?  Doesn’t MHI’s leadership want more growth?

AnnParmanVPManufacturedHousingInstituteMHILogoLATonyKovachMobileManufacturedHomeLivingNewsMHProNews800

Why did they spin and attempt to bury such behavior? Let’s see if they publicly answer that question, shall we?

 

Greener, Stylish Manufactured Homes – Hidden Facts in the Washington Post Manufactured Housing Narrative

The allegations herein, and those made by Marty Lavin, MHARR, and other voices in HUDVille are serious ones.

The facts reveal that manufactured housing could be doing far better.

‘Tip of Iceberg’ – Rick Rand; Marty Lavin, Communities have ‘No Confidence’ in Manufactured Housing Institute, New National Trade Group Announced

The most recent backstab at MHI member companies may be what some are calling the “new class of homes” scam. Producers, including MHI members, are disturbed by what Fannie Mae is doing, apparently with MHI assistance.

Fannie Mae Touts MH Advantage Program, But Manufactured Housing Association Slams Plan as “Illegitimate,” “Bait and Switch”

 

Congressional, Federal, State Investigations

This publication asked before that the minutes of the MHI GSE closed door meeting be revealed. We think it’s time for even more federal investigators to occur, plus state AGs to get involved. The link below mentions some federal investigations that are already underway.

The arguable failures at the Arlington-based national trade group are numerous.

Nevertheless, they continue to get the support by Berkshire Hathaway brands consistently. That fact belies any theories of mere arrogance, incompetence, collective low level of experience in MHVille, etc.

Put differently, Berkshire Hathaway won’t reward non-performance. Clayton closed roughly 100 of their own retail centers since 2011. Isn’t it reasonable to believe that the Berkshire brands in MHVille like what MHI is, and isn’t doing, and getting done?

Why would Jennison get his contracted extended at all? Several current and former MHI VPs have had less than favorable comments about Jennison’s abilities.  That’s simply a fact, repeatedly told to MHProNews.  So given the questions about the man, from his own office, why was he renewed? Or more to the point, why did he get a bonuses or a raise, per their IRS form 990?

Busted! “Failure Bonus” Paid-Richard “Dick” Jennison, CEO Manufactured Housing Institute-per MHI Document$

More than one attorney the Daily Business News has spoken with see potential grounds for civil actions and/or anti-trust case potential. Other legal claims may be possible, such as allegations of deceptive trade practices charges, interfering in contractual relationships, conflicts of interest, RICO, and other instances that could result in federal and/or state bureaucratic action.

Lawsuits for Triple Damages – Anti-Trust, Anti-Monopoly Law, Manufactured Housing, and You

It must be noted that those attorneys include those who are exploring class action or other claims on a contingency basis. Contingency cases mean that law firm must have a high degree of confidence in their potential case.

Will Berkshire Hathaway brands and MHI have a defense to mount? Of course. That’s what courtrooms, and the legal system are for, to give a civil battlefield for legally contentious concerns.

For over a year MHI and the Berkshire Hathaway brands in MHVille have declined numerous opportunities offered by MHProNews to respond in writing to the concerns raised, or to debate them publicly via video.  They fact that they won’t engage speaks volumes, doesn’t it?

The fact that Rick Robinson would not answer trade media questions in Deadwood, SD speaks volumes.

RickRobinsonManufacturedHousingInstituteMHIDailyBuisnessNewsMHProNewsDitto when Dick Jennison ducked out on a presentation scheduled weeks in advance.  He did so after we published a list of questions attendees should ask him during the Q&A.  That too should shout “what’s going on?” Even pro-MHI state association executives told MHProNews how suspicious that behavior by Jennison.

RichardDickJennisonManufacturedHousingInstituteMHIPresidentCEOLouisvilleManufacturedHomeShow2018DailyBusinessNewsMHProNews-76

The Top Twelve Questions for Manufactured Housing Institute (MHI) CEO, Richard “Dick” Jennison

Manufactured housing has come of age.

The Ultimate Manufactured Home Industry Fact$, Data, and Insights – Bullets plus at-a-Glance Infographic

Manufactured homes are the solution to the affordable housing crisis that’s hiding in plain sight, as MHLivingNews spotlighted years ago. That slogan we floated is becoming a more common refrain in the mainstream media.

“The Solution to the Affordable Housing Crisis is Hiding in Plain Sight”

But until the debatable chokehold of Arlington, Knoxville, and Omaha are fully exposed and lawfully dealt with, consolidation rather robust growth may sadly continue.

EricBelksyManufacturedHousingIndustryManufacuredHomeManufacturedHousingInstituteResearchDataAffordbleHousingMHProNewsDailyBuisnessNews575

See Smoking Gun 3.

That seems to be the unstated purpose of MHI.  That’s why we’ve editorially dubbed MHI the ‘Monopolistic Housing Institute.’

The foot must be taken off regulatory and capital brake peddles.

The Trump Administration has repeatedly shown that they’re doing its part. We pray daily that the administration won’t mistakenly allow some Berkshire Hathaway lackey to be named as the next administrator at the Office of Manufactured Housing Programs. The next administrator must be sensitive to the interests of independent producers, who are fighting against giants.

ClaytonHomesSkylineChampionCavcoIndustriesBalanceofIndustryManufacturedHousingIndustryConsolidationGraphicPieChartMHProNews

The affordable housing crisis is costly to tax payers. The regulations have for years been harmful to competing investors, and independent businesses, who create jobs in MHVille that make the American Dream possible for more good people.

The industry hasn’t sold trailers or mobile homes for more than 4 decades.

We need more industry voices willing to support the common-sense cause of fully enforcing specific, existing laws.

  1. The robust implementing of the Duty to Serve manufactured housing by the Enterprises.
  2. To do the necessary tweaks to FHA and other federally insured loans to break the Berkshire Hathaway finance grip, and
  3. to fully enforce the Manufactured Housing Improvement Act of 2000, including enhanced preemption.

Doing so will fully harness the power of manufactured housing to serve millions of Americans, with little or no tax payer subsidies. It’s a series of mutual victories, once the choke holds noted are removed.

 

YIMBY vs. NIMBY, Obama Admin Concept Could Unlock $1.95 Trillion Annually, HUD & MH Impact

 

The full implementation of the 3 points above could unlock some $2 trillion dollars in additional Gross Domestic Product (GDP), per third party research.

The case for contemporary manufactured housing advancement as the solution for millions of Americans is made above.  At the heart of the American Dream is the saying, “a man’s home is his castle.”

From the days of the 1960’s ballad King of the Road,” to today, the evolutionary solution is the same. Factory-built housing makes sense.

It is up to forward looking professionals to navigate the issues noted, to move manufactured homes up to meet the potential that Operation Breakthrough, Harvard’s Eric Belsky and a GSE – among others – said manufactured housing could achieve.

That’s why the billionaires want as much of the industry as they can get their hands on. ## (Coaching tips, marketing, sales, and management news.)

(Third party images, and content are provided under fair use guidelines.)

Related Reports:

Two Great Laws Already on the Books NOW,  Can Unlock Billion$ Annually for Manufactured Housing Industry Businesse$, Investor$

FactoryBuiltCarsClothingAppliancesElectronicsCellsSmartPhonesHomesItJustFollowsLATonyKovachC2017MHproNewsBy L.A. “Tony” Kovach – Masthead commentary, for MHProNews.com.

Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Office 863-213-4090 |Connect on LinkedIn:
http://www.linkedin.com/in/latonykovach

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5 Steps for Making Lemonade from Lemons, Monday Morning Manufactured Housing Sales, Marketing Meeting

June 11th, 2018 No comments
5StepsMakingLemonadeFromLemonsMondayMorningManufacturedHousingSalesMarketingMeeting

When life hands you proverbial lemons, make lemonade.

Almost any problem you can think of is an opportunity in disguise for those who have the proper motivation and mindset.

 

When “bad news” related hits conventional housing or manufactured housing in your market, that’s when the jiu jitsu opportunity bell should be going off in your mind.

1) Redefine what the news is, and what it means to housing hunters, and thus you and your location(s). 

2) Analyze the ways you could position your business to serve the need created by the bad news.

3) Define in as many cost-effective ways as you can how your MH business is uniquely qualified to address and fill those local market housing needs.

4) Rehearse.  Consider the kinds of questions that will arise. Make sure your team are prepared to respond effectively. Practice makes perfect.

5) Make every sales encounter a learning experience. Do a self-debrief, or a debriefing with a seasoned sales veteran or manager that truly understands how to engage and sell the most customers for the maximum monthly result.

 ThereAreOnly2WaysToLearnOwnOthersExperiencesLATonyKovachManufacturedHousingIndustryMHProNews-575x235

Every piece of housing related bad news for someone routinely spells a need that could be profitably, and honorably served. Develop your process for turning lemons into lemonade.  

Need help with marketing or sales issues, and have a budget? Then give me a call or send an email. ## (Coaching tips, marketing, sales, and management news.) (Third party images, and content are provided under fair use guidelines.)

FactoryBuiltCarsClothingAppliancesElectronicsCellsSmartPhonesHomesItJustFollowsLATonyKovachC2017MHproNewsBy L.A. “Tony” Kovach – Masthead commentary, for MHProNews.com.

Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Office 863-213-4090 |Connect on LinkedIn:
http://www.linkedin.com/in/latonykovach

Sign Up Today!EmailedMHProNewsHeadlineNewsDailyBusinessNews

Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates.

 

 

Sunday Morning Manufactured Home Industry Research, Reports, Headline News Recap 6.3.2018 to 6.10.2018

June 10th, 2018 No comments
sundayMorningManufacturedHousingIndustryTradeNewsRecap6.3.3018to6.10.2018DailyBusinessNewsMHProNews

Trivia: If you look carefully, the screen shot of the iPad above often looks like the MHProNews home page did on that Sunday morning.

Mensch

 

We’re preparing an article about a Jewish gentleman known by scores in the Manufactured Home (MH) industry.

In mentioning our research to a Jewish MH industry colleague, he said, “Make sure you say that he was a mensch.”

Google’s online dictionary defines the word “mensch” like this.

MenschNobelPrizeofWordsTitleYouCantBestowOnYOurselfmensch

men(t)SH/

noun NORTH AMERICAN informal

  1. a person of integrity and honor

The Urban Dictionary says, “A mensch is a someone to admire and emulate, someone of noble character. The key to being “a real mensch” is nothing less than character, rectitude, dignity, a sense of what is right, responsible.”

Dictionary.com says a mensch is a “person of strength and honor,” 1907, from Yiddish, from German Mensch, literally “man, person,” from Old High German mennisco “human,” from Proto-Germanic adjective *manniska- “human” (see mannish

Everyone, including we non-Jews (“the goyim”), can learn much from the mensch we are fortunate enough to encounter in life.

 

Divisions

Among the things Tony and I discuss from time to time is how governments, by accident or design, can divide people who otherwise can joyfully coexist side-by-side, absent irksome meddling.

RC Williams, Daily Business News MHProNews

RC Willaims.

As R.C. Williams put it about a year ago, there are professional race-baiters. It’s a term used by others besides R.C., to describe individuals who literally make money stirring up racial discord, often using a non-profit, or other operation to collect money.

Political parties are useful in some ways, but it must also be acknowledged that political parties and their advocates have the tendency to divide people into “us vs. them.”

That can happen in professional groups too.

HowToBeAModernDayMenschThoughtcoDailyBusinessNewsMNProNEws

Scriptural scroll for rabbinic reading.

We’re not among those who believe that every religion is equal.  There are for example, Satanists, not many believers would put them on the same level as other groups. But we acknowledge that if God-Who-Created all gave man free will, then we must respect other’s right to choose.

That doesn’t imply that in politics, religion, economic or other distinctions that dialogue should be avoided.

Robust, frank dialogue that seeks truth in all its forms is to be celebrated.

So, respectful dialogue on issues that divide people ought to be embraced.

Absent absolute standards of right and wrong, how can we recognize what’s criminal, okay or what soars to the level of what is honorable?

To be a mensch – an honorable person who acts with integrity – whatever one’s personal or demographic data might be – requires standards.

 

Back to Basics

Many a coach has taken a struggle team “back to basics,’ Tony says. When something is awry, the basics ought to be among the first its to examine.  When the industry is still at historically low levels of sales, everything that contributes to that should be evaluated.

When Tony and I met nearly 15 years ago, Tony was working in the Houston metro area. He described an impressive manufactured housing retail operation that had lots of traffic. It had leading edge tech at that time. The display made every home look as if it was ground set.  Every home was staged to the 9s.

That retailer had multiple outlets.

But as impressive as that retail operation was, as high as their traffic was, their conversion ratios were low. Their sales were low.

They ended up going bankrupt.

Tony said much of their plan was fine, but when people aren’t buying in sufficient numbers to sustain a business, it’s an obvious sign that one or more things are either missing or are not sufficiently emphasized.

That retailer never became a client of his. For a fraction of the cost of their monthly overhead, they could have invested and won. They pinched pennies, and it cost them millions. It’s but one of numerous examples of ways that a firm can fail.

The word “integrity” has several meanings. One is “the state of being whole and undivided.”

HonestyIntegrityWordCloudEthicsTrustRespectSincereMonsoonLeadersManufacturedHousingMHProNEws

Honest people can fail. Dishonest people can succeed for a time, as some criminal enterprises prove.

But ultimately every operation that has integrity – in a free enterprise system – learns to serve the public in ways that benefit the buyer, while profiting the seller. It must be a mutual victory.

That win-win requires a foundation, the basics. Every company or organization needs it.

When there’s one or more mensch in the mix, a person of integrity and honor, the odds for sustainable success arguably goes up.

We salute all people who are honorable, and who act with integrity.

With no further adieu, let’s look at the week that was, in over two dozen headline reports.

 

What’s New on MHLivingNews

Celebrate National Home Ownership Month, with 26 Cool Prefab Cribs, a $1 Billion Dollar Hybrid Mansion, 4 Fun Videos

What’s New on the Daily Business News on MHProNews

Saturday 6.9.2018

Politically Incorrect Cartoon Commentaries, Lighter Side of Making America and Manufactured Housing Great Again

Politically Incorrect Cartoon Commentaries, Lighter Side of Making America and Manufactured Housing Great Again

Friday 6.8.2018

“Final Nail in the Coffin,” Bureau of Consumer Financial Protection Case Dismissed, Hensarling Reacts 

Oil Price Forecast, and Manufactured Housing, Plus MH Market Updates 

Manufactured Housing Institute Issues Alert – MHI Email Compromised

Manufactured Housing Institute Issues Alert – MHI Email Compromised

Manufactured Home Communities, Retailers, Developers Face Disruptive, Troubling Trend

Manufactured Home Communities, Retailers, Developers Face Disruptive, Troubling Trend

 

Thursday 6.7.2018

Reuters on U.S. Housing Price Pace, Manufactured Housing Visions

Buffett-Dimon Plan Dropping Guidance Harms Investor Insight, Analyst Bove Says, Plus Manufactured Home Market Updates

“Americans Deserve Accountability from Their Government,” Reforms, Result$, Counted, and Coming

“Americans Deserve Accountability from Their Government,” Reforms, Result$, Counted, and Coming

President Donald J. Trump Proclaims June 2018 as National Homeownership Month, Industry Reaction

 

Wednesday 6.6.2018 

Senator Elizabeth Warren, 2020 Presidential Prospect, Threatens Wave of New Regulations

Senator Elizabeth Warren, 2020 Presidential Prospect, Threatens Wave of New Regulations

“Gavin Newsom wants to turn this state [California] into Venezuela – we’re not going to let him,” John Cox – plus MH Market Updates

George Allen Reply to Mainstream Media re: Roane/Lackey/SECO Exposé, Plus MHI, MHARR, et al – “Make Manufactured Housing Great Again”

George Allen Reply to Mainstream Media re: Roane/Lackey/SECO Exposé, Plus MHI, MHARR, et al – “Make Manufactured Housing Great Again”

NorthStar and Manufactured Housing Radix

NorthStar and Manufactured Housing Radix

 

Tuesday 6.5.2018 

Doug Schoen, Clinton Adviser, warns – “Democrats must advance an agenda…to create a society of opportunity for all – not guaranteed outcomes achieved through wealth redistribution.”

Fannie Mae Touts MH Advantage Program, But Manufactured Housing Association Slams Plan as “Illegitimate,” “Bait and Switch”

Fannie Mae Touts MH Advantage Program, But Manufactured Housing Association Slams Plan as “Illegitimate,” “Bait and Switch”

Jobs, Jobs, More Jobs – What the Data Says, plus Manufactured Housing Industry Markets Update

President Trump Spotlights Factory Home Builder in Speech, Proven Promotion, Support of Industry Advancement

President Trump Spotlights Factory Home Builder in Speech, Proven Promotion, Support of Industry Advancement

 

Monday 6.4.2018

Skyline Champion Corporation Created as Skyline and Champion Home Builders Announce Closing of Business Combination, Exclusive Details

Skyline Champion Corporation Created as Skyline and Champion Home Builders Announce Closing of Business Combination, Exclusive Details

Koch Brothers Battling POTUS Trump Tariffs, Economic Adviser Larry Kudlow Defends, Stocks Jump, plus MH Market Updates

Manufactured Home Production and Shipment Report, April 2018, per MHARR, HUD, IBTS

Manufactured Home Production and Shipment Report, April 2018, per MHARR, HUD, IBTS

Truth or Consequences – Monday Morning Sales, Marketing Meeting

Truth or Consequences – Monday Morning Sales, Marketing Meeting

Sunday 6.3.2018

Sunday Morning Manufactured Home Industry Research, Reports, Headline News Recap 5.27.2018 to 6.3.2018

Sunday Morning Manufactured Home Industry Research, Reports, Headline News Recap 5.27.2018 to 6.3.2018

And that’s all she wrote, during the week that was, along with a bit of help from that other guy. ## (Headline news, week in review, recap, analysis, commentary.)

(Third party images, content are provided under fair use guidelines.)

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

“Gavin Newsom wants to turn this state [California] into Venezuela – we’re not going to let him,” John Cox – plus MH Market Updates

June 6th, 2018 Comments off

CNNmoney6.6.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe first look at last night’s primaries continue to indicate that the blue wave from 6 months ago, has vanished.  It’s a jump ball.  With about 2 out of 3 Americans giving President Donald J. Trump “credit” for economic improvements, it is easy to see why Democratic strategists are concerned.  A closer look at the giant state of California, where Dems definitely have an advantage – and where a million manufactured homes could easily be sold with the right changes – will be our focus tonight.

 

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.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Wells Fargo isn’t the only bank with fake accounts, regulators say
  • GM’s president leaves Lyft board amid increased competition
  • CFPB effectively dissolves Consumer Advisory Board
  • Plane tickets are about to get more expensive
  • Why people aren’t feeling the strength of the economy
  • Price war intensifies between Costco, Target and Walmart
  • Elon Musk tells shareholders Tesla won’t run out of cash any time soon
  • EPA spokesperson calls reporter ‘a piece of trash’
  • Google employee confronts execs over diversity: Many of us feel ‘unsafe’
  • America may soon see its biggest labor strike in decades
  • Europe asks US to spare its companies from Iran sanctions
  • Angelo Mozilo and his doomed mortgage machine
  • Jessica Alba’s Honest Co. just got a $200 million lifeline
  • Facebook says it gave Huawei access to user data
  • Volkswagen exec cleared in monkey test investigation
  • What to spend money on (and what to DIY) as a new homeowner
  • How to find a lawyer you can afford
  • Staffers at The New Yorker organize a union
  • Mylan CEO: Gender does not determine your ability to lead
  • Swiss to vote on ‘suicidal’ overhaul of banks
  • Will Verizon join media merger mania?
  • IHOP says it’s changing name to IHOb. Huh?
  • Is there a low-risk way to avoid running out of money in retirement?
  • Samantha Bee becomes latest comic forced to play defense
  • There are now more job openings than workers to fill them
  • Student loan debt just hit $1.5 trillion. Women hold most of it
  • The real story of Trump’s crusade to cut government red tape
  • JetBlue tightens policy on emotional support animals
  • Qatar Air CEO apologizes for sexist remark

Selected headlines and bullets from Fox Business:

  • Stocks have winning Wednesday
  • Facebook drops privacy bombshell on users
  • Delta Air Lines says rising fuel prices could hit profits
  • Chicago leads US in underwater homes
  • 250K UPS union members teed up for massive potential strike
  • Jack Daniel’s maker to offer early retirement to 150 employees
  • Famed investor Patricof says this Apple blunder cost him billions
  • Need a job? This Texas city is desperately looking for workers
  • 92 million accounts hacked at DNA testing service MyHeritage
  • Bloomberg blasts Google for bailing on Pentagon project
  • McDonald’s the key to better US-North Korea relations?
  • Tech rally: When will it end?
  • John Cox: Won’t let Newsom turn California into Venezuela
  • Ex-Philadelphia Eagles player defends former team: Trump made a poor decision

 

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

9MarketIndicatorsYahooFinance6.6.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.6.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

California gubernatorial candidate John Cox on his campaign for California governor and his agenda if elected.

Consider the related reports, as you listen to this video.

Related Reports:

Doug Schoen, Clinton Adviser, warns – “Democrats must advance an agenda…to create a society of opportunity for all – not guaranteed outcomes achieved through wealth redistribution.”

President Trump Spotlights Factory Home Builder in Speech, Proven Promotion, Support of Industry Advancement

“Cap X Coming Alive” “Don’t Punish Success” – Kudlow – Business, Economic, Political Outlook, PLUS MH Market Updates

GavinNewsomDCAGovCandidateFoxDailyBusinessNewsMHProNews

Still from video, above.

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).

6.6.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

“Cap X Coming Alive” “Don’t Punish Success” – Kudlow – Business, Economic, Political Outlook, PLUS MH Market Updates

June 1st, 2018 Comments off

CNNmoney6.1.2018ManufacturedHomeStocksMarketsReportsMHProNewsWhen the left-of-center CNBC starts singing the praises of the Trump Economic Recovery. When Democratic politicos, and their allies get nervous, those indicators – plus the strong numbers posted today – are reminders of how the pendulum is moving.  Today’s jobs and economic numbers will be our focus tonight.

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.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Facebook is shutting down trending topics feature
  • Banned from Wall Street, US cannabis companies go north
  • Samsonite CEO quits after doctorate drama
  • Walmart’s new startup: Text anything and get it delivered within a day
  • Trump’s early jobs report tweet broke federal rules
  • Most Americans aren’t happy with their salaries. Here’s how to change that
  • Black unemployment rate hits a record low
  • Unemployment rate matches lowest point in half a century
  • Here’s how Europe is punishing the US for steel tariffs
  • The euro is safe for now. But Italy could still spark a crisis
  • Experts say algae is the food of the future. Here’s why.
  • Can US-China talks calm global trade war fears?
  • Citigroup and Deutsche Bank face ‘criminal cartel’ charges
  • Deutsche Bank CEO is ‘sick and tired of bad news’
  • Goldman Sachs VP accused of insider trading
  • Two companies suspend ads from Samantha Bee’s show after vulgar remark about Ivanka Trump
  • Vermont will pay people $10,000 to move there and work remotely
  • Delaware is first state to allow sports betting after Supreme Court ruling
  • India tried to sell its national airline. It got zero bids
  • 10 ‘pitiful’ excuses companies use not to hire women execs
  • Is your Sears or Kmart closing? Check the list
  • Trump may pardon Martha Stewart. Here’s why she went to jail
  • Which credit card should I pay off first?
  • How to save for retirement when you’re living paycheck to paycheck
  • Does saving for college mean you’ll get less financial aid?
  • 4 tips for investing a big windfall in today’s market
  • Wall Street’s trade war fears are back
  • Fed calls Deutsche Bank’s American business ‘troubled’ – report
  • The world’s fastest growing major economy is getting even hotter

Selected headlines and bullets from Fox Business:

 

  • Dow rallies 219 points as investors cheer jobs report
  • Job gains in May drive wage growth
  • Trump tariffs on US allies a negotiating tactic for free trade: Larry Kudlow
  • Sears, Kmart name 63 store closures
  • Vermont will pay you $10,000 to relocate. Here’s why.
  • Google won’t renew controversial drone project with Pentagon amid employee backlash: report
  • Samantha Bee loses State Farm ads after Ivanka Trump slur
  • Boeing workers vote to unionize at South Carolina plant
  • Bee’s show safe, while Roseanne’s got ‘whacked,’ says Dennis Miller
  • Trump administration floats plan to save coal plants
  • Trump using tariffs to pursue fair trade: Lou Dobbs
  • Trump’s potential Martha Stewart pardon a dubious strategy: Charlie Gasparino
  • Delaware first state to OK sports gambling
  • What Trump should expect from a North Korea deal
  • Top 10 cities for tech jobs beyond Silicon Valley
  • And why the nation’s capital is gaining ground.
  • 2 Dividend Stocks to Buy in June
  • Maine lawmakers to Trump: No taxes on China seafood imports

 

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

9MarketIndicatorsYahooFinance6.1.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.1.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 – 

There’s a two part report tonight with two videos, both courtesy of CNBC.  Note that their now saying what the Daily Business News has been noting for months.

The May jobs report is great news for everyone — except Democrats running for office

·        Friday’s monthly employment report was great news for anyone looking for a job in America – unless you happen to be a Democrat running for Congress.

·        That’s because voters who are employed are historically more likely to favor incumbents than those who are out of work.

·        With the jobless rate now down to 3.8 percent, Democrats in 435 House districts and 35 Senate races face a major challenge as they try to unseat Republican majorities in both chambers.

The US economy suddenly looks like it’s unstoppable

·        Friday’s economic data provided evidence the U.S. economy is heading into the second half of 2018 with strong momentum.

·        Nonfarm payrolls beat expectations while manufacturing and construction indexes both showed accelerated growth.

·        Economists are slowly ratcheting up expectations for growth through the end of the year, with widely followed measures putting the second quarter at between 3.6 percent and 4.8 percent.

FactoryWorkerWeldingManufacturedHousingIndustryDailyBuisnessnewsMHProNews

Related Reports:

Tariffs! Or Trade Tool? Markets Rocked, Manufactured Housing Industry Stock Updates

Tariffs Designed to Defend American Tech, Peter Navarro Video, Plus MH Market Updates

There are a few issues that are still tamping down even faster growth on wages, including robotics.  But several issues – beyond tech – are in the target of this administration.

Robotics, 3D Printed Housing, Imminent Challengers for Manufactured Homes, Modular Housing – 3D Build Systems CEO Don Musilli

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).

6.1.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

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

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

 

Tariffs! Or Trade Tool? Markets Rocked, Manufactured Housing Industry Stock Updates

May 31st, 2018 Comments off

CNNmoney5.31.2018ManufacturedHomeStocksMarketsReportsMHProNewsDepending on who you tune into, media are either blasting the Trump Administration, or are praising him for standing up for American businesses and jobs.  The markets dropped, over the latest round of tariff talk. But should they have?  That will be our market focus report for this evening.

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.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Trump is starting a global trade war
  • Dow drops 250 points on Trump’s tariffs
  • Uber and Airbnb could go public next year
  • Sears is closing more stores
  • GM and Softbank are putting $3 billion into self-driving cars
  • Fed calls Deutsche Bank’s American business ‘troubled’ – report
  • It’s true: Teens are ditching Facebook
  • Trump may pardon Martha Stewart. Here’s why she went to jail
  • India tried to sell its national airline. It got zero bids
  • India’s economic growth jumps to 7.7%
  • 10 ‘pitiful’ excuses companies use not to hire women execs
  • Shark Tank’s Barbara Corcoran got D’s in high school. Now she’s a multimillionaire
  • She left Colombia during the drug wars. Now she runs a major fashion magazine
  • Consumers are spending a lot more and saving a lot less
  • Which credit card should I pay off first?
  • How to save for retirement when you’re living paycheck to paycheck
  • Does saving for college mean you’ll get less financial aid?
  • MSNBC host Joy Reid takes more heat for newly unearthed blog posts
  • Trump turns to victimhood politics after ABC fires Roseanne
  • Roseanne exits stage right, all atwitter
  • Big businesses tell the UK: We need Brexit clarity now
  • Microsoft passes Google in market value. Next up? Amazon
  • Chelsea halts UK stadium project due to ‘investment climate’
  • Tesla shareholders want to boot Kimbal Musk and James Murdoch from the board
  • Warren Buffett reportedly tried to invest in Uber
  • ‘Solo’ had a rough start. This weekend is make or break
  • Univision formally announces Vincent Sadusky as CEO
  • Why you shouldn’t worry about rate hikes next year
  • Big banks are set for a regulatory win
  • Italy is already paying a high price for its political crisis
  • Walmart’s perk for workers: Go to college for $1 a day
  • Too poor to afford food, too rich to qualify for help

Selected headlines and bullets from Fox Business:

  • President Trump’s net worth declined $100M in past year
  • Dow index falls as US tariff exemptions removed
  • Boeing South Carolina workers face union vote
  • Goldman Sachs VP charged with securities fraud
  • US oil production could hit 11M barrels per day
  • What’s behind talk of Martha Stewart pardon?
  • IBM Watson Health cuts US workforce after acquisitions
  • Your Harley could cost more thanks to US tariff decision
  • Morgan Stanley chief rips Soros for crisis warning
  • These are Wall Street’s highest-paid CEOs
  • Sears, Kmart to close 72 stores in near future
  • Spain frees Putin critic Bill Browder, who live-tweeted his own arrest
  • GM shares surge after SoftBank investment
  • School safety, not gun control, solution to shootings: Sandy Hook victim’s brother
  • Disney displays a double standard: Varney
  • These franchises are hiring hundreds this summer
  • These are Wall Street’s highest-paid CEOs

 

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

9MarketIndicatorsYahooFinance5.31.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue5.31.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

Some give the president credit for the sun rising. Others pummel the president for every drop of rain, or perceived bad news. The truth lies between those two poles. 

Donald J. Trump is a deal maker, and a showman. His personal net worth – per Bloomberg – has dropped $100 million in a year.  He clearly didn’t take the Oval Office job because everyone loves him.  He took it because he thought he could make a difference. 

Oppenheimer Funds CIO Krishna Memani said this U.S. market is a safe bet for those with a longer term horizon.  On issue after issue, he praised the Trump administration’s policies.

The economy is stronger, job growth and wage growth are real.  The National Association of Realtors ™ (NAR) Lawrence Yun laid out a strong case for why the economy is strong. He also obliquely made the case why manufactured homes should be doing much better.

NAR’s Lawrence Yun Raises Alarm for New Housing Crisis, MH Import?

CNBC’s Cramer thinks the Europeans are over their heads with President Trump.

Former CKE Restaurants CEO Andy Puzder, tells Fox Business his take on the potential summit between President Trump and Kim Jong Un. Puzder also discussed President Trump’s plan to move ahead with his tariffs and other trade sanctions.

POTUSDonaldTrumpVPMikePenceFoxBusinessDailyBusinessNewsMHProNews

Still from video, posted above.

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).

5.31.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

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

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