Click here to send MH news, tips, links, documents, facts
or factory-built housing related news story suggestions.

Home > Analysis and Commentary, Business, Canada, Economy, Finance, Manufactured Housing Industry, News Item, research, Stocks, Trends > President Trump Signs Tariffs, Stocks Drop, Plus MH Market Updates

President Trump Signs Tariffs, Stocks Drop, Plus MH Market Updates

March 22nd, 2018

CNNmoney3.22.2018ManufacturedHomeStocksMarketsReportsMHProNewsIn a twist, Democrats are among those supporting President Trump’s tariffs that target China. With the markets dropping 700 points on the announcement of the first of several planned tariffs, that will be our market 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.” ©

Selected headlines and bullets from CNN Money:

  • These US companies could lose in a trade war with China
  • Intellectual property theft nearly killed this American company
  • Government and AT&T face off in opening of major antitrust case
  • Billionaire CEO on a mission to save Toys ‘R’ Us
  • Toys ‘R’ Us founder Charles Lazarus dies
  • Experts say crash video shows Uber’s failure to protect pedestrian
  • Here’s how your online grocery delivery options are growing
  • Is going public still worth it for startups?
  • The poisonous myth of confidence culture
  • Radhika Jones signals her arrival at Vanity Fair
  • Instagram prioritizes newer posts after user complaints
  • Watch: This question made Zuckerberg emotional
  • Tax-filing tips: 8 tax mistakes to avoid
  • Citigroup restricts gun sales by business customers
  • This is the regulation Mark Zuckerberg wants for Facebook
  • This robotic fish moves like the real thing
  • Landmark case opens as government tries to block AT&T-Time Warner deal
  • Indy 500 is leaving ABC after 65 years
  • What’s the best place for your money in the next five years?
  • Hugh Jackman’s advice for starting a business
  • Facebook’s stock drops after Zuckerberg apologizes
  • 3 things teachers need to know about retirement planning
  • Mark Zuckerberg in his own words: The CNN interview
  • Judy Woodruff named sole anchor of ‘PBS NewsHour’
  • Britain won’t make its new Brexit passports. Guess who will?
  • ‘I’m really sorry’: Mark Zuckerberg has regrets
  • Steve Wynn has started selling his shares in Wynn Resorts

Selected headlines and bullets from Fox Business:

  • Dow closes down 724 points on China fears
  • Trump slaps China with tariffs worth $50B
  • Big tariff losers: Victoria’s Secret, Under Armour
  • Trump’s tariffs: Beijing could target US coal industry
  • Barriers to protect America’s technology: Peter Navarro
  • China tariffs ‘devastating’ to shoe, apparel industry
  • Theranos’ Holmes book fast-tracked after SEC ‘massive fraud’ charge
  • Citigroup sets gun rules for its retail clients
  • Bitcoin’s underlying blockchain can ‘reshape civilization’: Overstock.com CEO
  • Toys ‘R’ Us rescued? Billionaire’s quest to save iconic retailer
  • Spotify, Dropbox to test waters for tech IPOs
  • Millionaire ranks grew in America the most since 2009
  • Google elbows Amazon with universal shopping cart
  • Amazon acquisition of Whole Foods Market sends executives fleeing
  • John Dowd resignation could mean Trump switching approach to Mueller probe
  • Sports Illustrated, other magazines up for sale as Meredith lays off hundreds

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 2,643.69 -68.24(-2.52%)

Dow 30 23,957.89 -724.42(-2.93%)

Nasdaq 7,166.68 -178.61(-2.43%)

Russell 2000 1,543.87 -35.43(-2.24%)

Crude Oil 64.21 -0.96(-1.47%)

Gold 1,328.90 +7.40(+0.56%)

Silver 16.38 -0.04(-0.27%)

EUR/USD 1.2304 -0.0037(-0.30%)

10-Yr Bond 2.83 -0.08(-2.58%)

9MarketIndicatorsYahooFinance3.22.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

YahooFinanceManufacturedHousingCompValue3.22.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

MHProNews has reported previously on the impact of tariffs on manufactured housing.  The short version, its nominal, per sources in HUD Code home building.

Experts Break Down Anticipated Cost$ of Tariffs on New Manufactured Homes

Trump slaps China with tariffs on up to $60 billion in imports: ‘This is the first of many,’ said CNBC and other sources.

  • President Donald Trump targets China with up to $60 billion in Chinese imports.
  • The Trump administration says China’s trade practices involve stealing American companies’ intellectual property.
  • China recently argued that it should not be punished if it doesn’t want to buy what the U.S. is selling.

President Trump Signs Tariffs, Stocks Drop, Plus MH Market Updates

In a twist, Democrats are among those supporting President Trump’s tariffs that target China. With the markets dropping 700 points on the announcement of the first of several planned tariffs, that will be our market focus tonight.

This was a campaign promise by the president, but it is widely seen as a risky one to keep.  China has been accused for years of practices that have harmed American companies, including the thrift of intellectual property, or subsidizing the dumping of products on the U.S. and other markets.

But perhaps more important is the issue of defense. Without certain industries, America would be vulnerable if a major hot war ever broke out.  The U.S. would not, for example, be able to buy products from China if it were at war with China.

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).

3.22.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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 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.


Matthew Silver - Reporter at Large
Soheyla Kovach - Support Services
L.A. 'Tony' Kovach - Publisher, Editor and Marketing Director. To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com
Comments are closed.