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Home > Analysis and Commentary, Business, Canada, Economy, Election, Legal, Manufactured Home Communities, Manufactured Housing Industry, News, People, Politics > Paul Manafort Guilty, but No Russia, No Campaign Connection, Cohen Pleads – Plus MH Market Updates

Paul Manafort Guilty, but No Russia, No Campaign Connection, Cohen Pleads – Plus MH Market Updates

August 21st, 2018

CNNmoney8.21.2018ManufacturedHomeStocksMarketsReportsMHProNewsThere will be hay made about both of these breaking news stories.  We’ll simplify both in our featured report, linked below.  One prediction, right now.  Expect TV viewers of the POTUS Donald Trump Rally in West Virginia to spike, as the president loves to comment on stage about these types of developments.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

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

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

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Serta Simmons’ plan to fight Casper: Buy Tuft & Needle
  • Can Trump bend the Fed to his will?
  • It took 3 years, but Uber finally hired a chief financial officer
  • This number shows the US housing boom has no end in sight
  • Cannabis stocks soar to new highs
  • Tesla wouldn’t be as private as Elon Musk wants
  • What killed coal? Technology and cheaper alternatives
  • Goldman Sachs will pay for mothers to ship breast milk home
  • JPMorgan Chase will offer free online trades to customers
  • Facebook is working to make MRI exams 10 times faster
  • Watch: This fake ad campaign calls out one of Twitter’s very real problems
  • Arianna Huffington won’t let Elon Musk off the hook, says he must recharge
  • How much trouble is Elon Musk in?
  • The rise of diversity and inclusion jobs
  • WhatsApp’s new CEO meets Indian officials after lynchings
  • Maersk is about to send the first container ship through the Arctic
  • Trump goes after the Fed: ‘I should be given some help’
  • Australia has a lot to lose in the US-China trade war
  • Greece is finally done with its epic bailout binge
  • PepsiCo is buying SodaStream for $3.2 billion
  • 5 steps to make sure you’re ready to retire
  • Amazon hires star cardiologist as it pushes deeper into health care
  • A new James Bond Aston Martin for $3.5 million – rotating license plate included
  • Fitbit Charge 3 is a waterproof smartwatch disguised as a fitness tracker
  • In a 2:30 am tweet, Elon Musk tells Arianna Huffington he can’t slow down
  • Former Fox analyst Ralph Peters: Fox viewers have ‘utterly skewed view of reality’
  • RELIABLE SOURCES
  • Rudy said ‘truth isn’t truth,’ but he got something right
  • JPMorgan dramatically slashes Tesla’s stock price forecast

Select Bullets from Fox Business

 

  • US stocks close higher for 4th day, S&P 500 sets intraday record high
  • A record bull market, what it means for you
  • Overstock CEO: Creating version of Wall Street that can’t be cheated
  • Majority of Americans dealing with aftermath of financial crisis
  • Slack raises another $427M, valuation spikes by billions
  • PETA gets Nabisco to ‘free’ animals on boxes of Barnum’s Animals crackers
  • Brennan lost his security clearance and his mind, Kennedy says
  • Tips for escaping debt ahead of historic market run
  • Here’s why this Colorado school district moved to a 4-day week
  • Venezuela’s new currency confusing residents: report
  • The left is edging away from Brennan: Varney
  • Amazon poaches master cardiologist to join health care push
  • Colorado school district moves to 4-day week to cut costs
  • Why Tesla needs Elon Musk
  • Corona beer parent company bets big on marijuana
  • FDA extends shelf life of some EpiPens: Alex Azar
  • Continue to Tech & Innovation
  • NY boy reopens lemonade stand, raises nearly $1K after health dept. shutdown
  • Young entrepreneurs ditching Silicon Valley for these US cities
  • States where $100 goes furthest: report
  • Top 10 highest-paying jobs in the US
  • 3 simple ways to overcome financial fragility
  • Continue to Personal Finance
  • Tyson Foods buying Keystone Foods for $2.16B
  • FBN’s Cheryl Casone on Tyson Foods’ deal to acquire Keystone Foods.
  • Tyson Foods buying Keystone Foods for $2.16B
  • PepsiCo buying SodaStream for $3.2B
  • MERGERS AND ACQUISITIONS
  • PepsiCo paying $3.2B for SodaStream International

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

9MarketIndicatorsYahooFinance8.21.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue8.21.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

PaulManifortGuiltyButNoRussiaNoCampaignConnectionCohenPleadsPLUSMHMarketUpdates

The best quote to consider with respect to long-time, former Trump attorney Michael Cohen may have come from Judge Ellis in the Paul Manafort case. Ellis observed that when federal prosecutors squeeze a witness, they hope that person will flip, and “will not only sing but “compose…” Meaning, some will then give testimony that they hope will help them, even if that testimony is ‘composed’ – made up.

The jury’s findings in the Paul Manafort case has nothing to do with the 2016 presidential campaign of Donald J. Trump.  Nor is there any connection between the Trump team and Russia as a result of this verdict. It’s a tax fraud case, that predates the election by a decade.  There should be no connection construed by that finding.  If anything, that ruling might give investors more confidence.

The Michael Cohen plea is potentially different.  The claim there is that a campaign finance law was violated. Unless Cohen has a tape recording that makes it clear that the president ordered a violation of campaign finance laws, anything less than that makes this a Cohen said vs. the President said.

Cohen has been all over the map in his statements, at first defending the president, saying he was unaware of any payments. Later, Cohen turned on him. That too would appear to be a problem for any conceivable attempted prosecution of the 45th president.

So, is this a nothing burger?

Frankly, no.

The stronger challenge for the president and his supporters in this ruling is the following. This is the closest thing that Democrats have to a smoking gun of anything potentially illegal done by the president. There’s been alleged no Russian collusion proven. As MHProNews reported several times last year and this, “collusion” isn’t even a crime in federal law.

So, the upshot is that this could well become a rallying cry for both the GOP and Democrats in the midterms.

Democrats will likely have in mind to retake the House, and try to vote to impeach President Trump, using this Cohen plea as a part of their pretext.  The president’s supporters will have every reason to turn out and vote for those who will keep that from happening.

So, this becomes a midterm issue for voters to decide.  Somewhat related reports are linked below.

Racism – Getting Increasing Prosperity, Stability, Safety, and Certainty

President Trump – “Bigger than Watergate,” “We Need Accountability” – National, MH Industry Impacts

Markets “Craving Certainty” Again, Are “Deep State” & Media Reporting Hampering Business?

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).

8.21.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNewsBerkshire 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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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


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