High Tax State Exodus Looming? Manufactured Home Markets Update$

CNNmoney11.21.2017ManufacturedHomeStocksMarketsReportsMHProNewsIt has been going on for years.

From states like New York, New Jersey, Illinois and California, some higher earners with flexibility are leaving for lower tax states.

If the GOP tax overhaul moves ahead as it now looks, will that accelerate the trend?

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.

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Selected headlines and bullets from Fox Business:

 

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

S&P 500 2,582.14 +3.29(+0.13%)

Dow 30 23,430.33 +72.09(+0.31%)

Nasdaq 6,790.71 +7.92(+0.12%)

Crude Oil 56.23 -0.32(-0.57%)

Gold 1,276.70 -19.80(-1.53%)

Silver 16.90 -0.48(-2.75%)

EUR/USD 1.1734 -0.0054(-0.46%)

10-Yr Bond 2.37 +0.02(+0.76%)

Russell 2000 1,503.40 +10.57(+0.71%)

9MarketIndicatorsYahooFinance11.21.2017DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue11.21.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

Stuart Varney on Fox Business spotlights a possible consequence of the passage of the current form of tax reform.

 

Varney doesn’t mention it, but if that does indeed take place, one possible consequence is that red states could gradually turn more blue.  That’s a trend that’s been occurring over time in Florida, Texas, and Arizona, among other states.

TheGreatTaxExodusStuartVarneyFoxBusinessDailyBusinessNewsMHProNews
Still from video, above.

 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).

 11.21.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

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

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