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Home > Analysis and Commentary, Business, Canada, Manufactured Home Communities, Manufactured Housing Industry, News Item, People, Politics, regulation, Stocks, Trends > Cheers, Jeers, and “Miller Time” Beers, Reaction to Tax Plan, Plus MHMarket Update$

Cheers, Jeers, and “Miller Time” Beers, Reaction to Tax Plan, Plus MHMarket Update$

December 20th, 2017

CNNmoney12.20.2017ManufacturedHomeStocksMarketsReportsMHProNewsWe’ll provide snapshots, videos and the reactions – Cheer and Jeers – to the passage of the Tax Cuts and Jobs Act.

AT&T, in reaction to the passage, has already announced bonuses and new thousands of new jobs/hiring plans.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

  • Incoming tax law: 34 things you should know
  • These companies want to use tax cut to help workers
  • U.S. isn’t backing down on Canadian plane maker
  • Enjoy your tax cuts while they last
  • Why now’s not the time for expensive tax cuts
  • Breitbart’s top editor: Roy Moore was ‘weak candidate’
  • Two more accusers join lawsuit against Bill O’Reilly
  • Glenn Thrush to return after alleged misconduct
  • AT&T promises $1,000 bonus after tax overhaul
  • How the tax bill affects you
  • The year tech took a dark turn

 

Selected headlines and bullets from Fox Business:

  • GOP tax bill: AT&T, Boeing among corporations rewarding employees
  • AT&T to give employees $1,000 bonuses after Trump signs tax bill
  • FedEx CFO: We’ll hire more workers, if tax reform lifts GDP
  • Stocks hold steady as Congress passes tax bill
  • Money Talks: Blackstone, Carlyle, KKR dial up donations to key GOP lawmakers as tax bill protects carried interest loophole
  • Trump celebrates after Congress wraps up massive tax package
  • GOP tax reform and changes to your paycheck
  • Floyd Mayweather, UFC discussing potential fight deal: Report
  • Boeing notches win over Bombardier as US confirms 300% tariff
  • GOP tax reform: How you can come out a winner
  • Tesla big rig deposits are a marketing tool, truck driver says
  • Rise of the robots: There won’t be enough work to go around, fmr. Apple CEO says
  • Saudi Arabia searches for U.S. shale-oil deal

 

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

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

S&P 500 2,679.25 -2.22(-0.08%)

Dow 30 24,726.65-28.10(-0.11%)

Nasdaq 6,960.96 -2.89(-0.04%)

Russell 2000 1,540.08 +3.33(+0.22%)

Crude Oil 58.05 -0.04(-0.07%)

Gold 1,269.90 +0.30(+0.02%)

Silver 16.25 -0.03(-0.18%)

EUR/USD 1.1878 +0.0005(+0.04%)

10-Yr Bond 2.497 +0.034(+1.38%)

9MarketIndicatorsYahooFinance12.20.2017DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue12.20.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report – 

 

Cheers, Jeers and Miller Time Beers – the Tax Cuts and Jobs Act

MHProNews has led the way in the industry in reporting on the progress during the year that has finally led to the passage of the POTUS Trump/GOP Tax Cuts and Jobs Act. For example, the Manufactured Housing Institute (MHI) only sounded off on the NADA raised issue, days after MHProNews put it in front of the industry, thanks to a news tip from a retailer.

FYI, “the Beers,” means it’s “Miller time” on this issue; the work on this bill is done.  Now legislative attention shifts to avoiding a so-called federal shutdown.  Senate Majority Leader Mitch McConnel has signaled that there will be another short-term continuing resolution (CR), which Democratic leaders have already agreed to.

McConnel also indicated in a Fox News interview that the planned CR will not include the so-called Dreamers or “DACA fix.”  Time will soon tell.

That DACA plan, which will be of keen interest to thousands of industry professionals, will move into the first quarter of 2017.

Democrats and Taxes – What Happened?

To listen to Democratic leaders, this newly minted bill is going to raise taxes, not lower them, on the middle class. They also say that the rich will get the biggest benefits from the legislation.

How that seemingly contradictory set of Democratic claims works in practice, is not easy to explain.

Just as hard to explain is how Democrats in the 1980s supported the Reagan tax cuts and reforms, which produced jobs and more net revenues to the federal government.  So too did tax reforms passed by Democratic President John F. Kennedy, a fact that the Daily Business News has reminded readers of for some years.

The videos on this page come from the White House press office/YouTube page, and from left-of-center, CNBC. They provide additional insights, cheers, and reactions to those jeers.

Impact on business?

 

A CNBC edited version of the president’s praise for GOP lawmakers, is in the video below.

 

 

GOP leaders McConnel’s and Ryan’s comments are in the CNBC edited video below.

The full length White House video, is below.

 

Related links to Trump Agenda, and MH Industry Importance, Impact

NAHB Commentary On Dodd-Frank Rollback

RegulationNationManufacturedHousingYouDailyBusinessNewsMHProNews

An in depth look at the cost of regulations, how it harms smaller businesses more than larger ones, and how MH industry state and national associations compare. Some surprising facts await. http://www.mhpronews.com/blogs/daily-business-news/regulation-nation-manufactured-housing-associations-companies-and-professionals/

House Financial Services Committee Chairman Jeb Hensarling Reacts to CFPB Controversy

Mulvaney Moves Quickly to Start Reigning in the CFPB

8 Trump Voters, One Year Later – How They Feel, per Bloomberg

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

Profitable Insight$ – POTU$ Trump Effect on MH Stock$ at 1 Year, Part 4

Suppliers LPX, Patrick, Manufactured Home Builders Nobility, Skyline Homes – the Trump Effect on MH Stocks, Markets Part 3

Trump Effect – 1 Year Election Impact on Manufactured Housing Connected Stocks, Part 2

Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1

NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 12.20.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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 a recent round of industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say –Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, Analysis.)

(Image credits 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.


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