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Global War On Cash? Plus, Manufactured Housing Equities Updates

January 17th, 2019 No comments

CNNmoney1.17.2019ManufacturedHomeStocksMarketsReportsMHProNewsAt the closing bell, its been another up day on the markets.  The bulk of manufactured home industry connected tracked stocks closed up.  While there’s plenty of market movers we could touch upon, to mix things up, this evening we take a fascinating look at the “global war on cash” as our feature tonight.

 

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…

  • Netflix now has 139 million paying subscribers
  • And it expects to add 9 million more in the next few months
  • Netflix by the (unverified) numbers
  • Fears of housing downturn may have been overblown
  • The world’s central banks will have trouble fighting the next big recession
  • Lampert’s winning bid for Sears swelled to $5.2 billion
  • Here come the defaults: Credit outlook darkens
  • There have been 21 shutdowns since 1976. This one is already hurting the economy
  • Trump boxed in by right-wing media as government shutdown drags on
  • Netflix’s price hike: How much is too much for consumers?
  • SpaceX ditches plans to develop Mars spaceship at Los Angeles port
  • Microsoft is investing $500 million to tackle Seattle housing crisis
  • What the wealthy and ultra-wealthy spend their money on
  • Cleaning New York’s filthy harbor with one billion oysters
  • LIVE UPDATES Dow jumps 163 points as markets seesaw on trade news
  • Ford to make all-electric version of its F-150 truck
  • Tired CEOs are moody and distracted: Why business leaders need more sleep
  • These electric cars could be the future
  • VW sold over 10 million cars last year. Only 1% were electrified
  • The next generation of electric cars could recharge in 15 minutes
  • Michigan startup unveils a pricey electric pickup
  • 2019 will be the year of the electric luxury car
  • Why it’s so hard to get dressed for work
  • Her clothes keep female construction workers and firefighters safe
  • Bra sizing is wildly confusing. Her company seeks to change that
  • The way women dress for work is changing
  • The future of workwear: Comfortable, functional, and high-tech

Select Bullets from Fox Business

  • Stocks spike on China-US trade progress reports
  • ObamaCare burning out doctors, Dr. Marc Siegel says
  • Sears employees upset over Lampert’s bid win
  • 10 best side hustles to pursue in 2019
  • Super Bowl: Most Americans oppose political statements in commercials, poll finds
  • Steny Hoyer has thrown doubt on Democrats’ unity: Varney
  • New college offers students bachelor’s degree with a twist
  • 3 colleges that help you handle student debt
  • Americans are consuming less booze, leading retailers to shift focus
  • Netflix shares fall on mixed quarterly results
  • Leslie Moonves challenges CBS move to nix $120M severance package
  • Consuming vitamins, supplements can be extremely dangerous, Dr. Mike warns
  • Kia, Hyundai recall over 150K vehicles
  • IRS waives penalty for some Americans who underpaid taxes
  • CEOs says a recession is their biggest fear this year
  • Sears confirms Lampert wins $5.2B bid, keeping retailer alive
  • Retail Apocalypse: These big retailers closing stores, filing for bankruptcy
  • Mounting student loan debt stopping young Americans from buying homes
  • Gates urges donors to invest in health for global security and growth
  • Elon Musk says Tesla to end customer referral program
  • Vanguard founder John Bogle dead at 89
  • All the ways the government shutdown is hurting the economy[overlay type]
  • Small business government shutdown cheat sheet
  • Lawmakers who are forgoing pay amid shutdown

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

9MarketIndicatorsYahooFinance1.17.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.17.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

 

GlobalWarOnCashPlusManufacturedHousingEquitiesUpdatesDailyBuisnessNewsMHProNews

 

In curating a topic, or presenting an infographic to industry professionals, the Daily Business News on MHProNews approaches each issue with some fundamental principles in mind.  Among those is the notion that every source is going to have some good, bad, or meh.  Thus, it is prudent to consider a source with the ancient, wise principle of separating the wheat from the chaff.  No source is perfect.

Part of the premise of this following infographic bears scrutiny.  Visual Capitalist and Texas Precious Metals argue that the purpose of the global war on cash is: “The elimination of cash will make it easier to track all types of transactions – including those made by criminals….2. The Enemy
Who? Criminals, terrorists
.”

They may sincerely believe that, but it’s demonstrably inaccurate. There are numerous governments, and public officials, in nations around the world that are themselves involved in terrorist activities. Or that are personally profiting or benefiting from illegal drug trafficking. In the trail of drug lord El Chapo, per the New York Times,Peña Nieto Took $100 Million Bribe, Witness at El Chapo Trial Says “Mr. Guzmán paid a bribe of $100 million to [Mexican] President Peña Nieto…”

Here in the U.S., after years of denials, the CIA released hundreds of pages of documents during the Clinton administration that admitted they had done essentially what investigative reporter Gary Webb claimed years before.

Part of the point is that the trend towards a cashless society is noteworthy, but the premise presented in this infographic is less than stellar.

That point noted, the various data points – taken at face value – are interesting.

 

GlobalWarOnCashInfographicVisualCapitalistMoneyProjectTexasMetalsDailyBusinessNewsMHProNews

The last question in the infographic is logically answered with the words, ‘everyday people.’ The powerful – criminal or otherwise – routinely can make ‘the system’ work for themselves.

 

Governments have long attempted to control their populations.  That’s not a conspiracy theory, that’s a matter of history. To what degree any given government is attempting to control its own population varies according to place and time.

A tangentially related report about government, corruption, and more by investigative reporter Sharyl Attkisson will be upcoming soon. Stay tuned.

Sign up for our industry leading emailed headline news updates, at the image/link below. Emailed headlines are typically twice weekly, and are read by the leaders of the largest firms in the industry, to the mom-and-pops, and all in between. Sign up free in seconds.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

 

Related Reports:

Sobering Federal Report on Manufactured Housing Lending – Retailers, Communities, Producers, and Finance Companies – Take Note

 

Manufactured Housing Institute’s Three Stooges? SECO ‘Leaders’ George F. Allen, Spencer Roane, Tom Lackey and ‘Rent to Own’ Scams?

 

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).

1.17.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.”

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.

White House Thanks CNN’s Acosta, Plus Manufactured Housing Market Updates

January 16th, 2019 No comments

CNNmoney1.16.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere is no incentive for either side to backdown in the shutdown struggle, said Charles Lane, opinion writer for the left-of-center Washington Post.  Both sides are dug in, and are playing to their respective bases.  So, the longest shutdown on record continues, and notably, the stock markets have in recent weeks risen.  On another day where most tracked manufactured housing stocks rose, we’ll look at the lighter side of the border battle, as the White House thanked nemesis CNN’s Jim Acosta for his report from the border.  That will be our feature 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 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.

CNNFoxNewsLeftRightMediaBiasDailyBusinessNewsMHproNEwsSharylAttkisson

MHProNews looks at issues from a wide variety of perspectives.

Select bullets from CNN Money…

  • Sears might make it after all
  • A last-minute offer to save Sears has cleared one of the last hurdles. Now, a judge must decide
  • Two things matter to the market in 2019: the Fed and company earnings
  • Companies are waking up to the dangers posed by climate change
  • UK businesses blast Brexit ‘rollercoaster ride’
  • LIVE UPDATES Dow jumps; Goldman Sachs has its best day in nearly a decade
  • Snap shares slump after CFO exit
  • Netflix’s price hike: How much is too much for consumers?
  • Goldman Sachs CEO apologizes to people of Malaysia
  • David Haskell promoted to editor in chief at New York magazine
  • America first? Small US stocks are hurting from the trade war
  • Bob Marley-branded CBD drinks coming to stores soon
  • Shopping Content by CNN Underscored
  • These earbuds are an alternative to AirPods
  • Citigroup pays women 30% less than men
  • 20180116-brexit-shutdown-trade-gfx
  • Trade wars. Brexit. Government shutdown. Uncertainty is everywhere
  • The new Gillette ad which gives a nod towards the MeToo movement. Credit: Gillette
  • What that Gillette ad says about the trend in woke advertising
  • How Amazon’s Alexa got so smart
  • Amazon is using AI in almost everything it does
  • Growing up with Alexa: A child’s relationship with Amazon’s voice assistant
  • Google wants its virtual assistant in every room of your house
  • THE CARLOS GHOSN SAGA
  • France says Renault should replace Carlos Ghosn
  • Auto magnate’s wife slams Japan’s legal system
  • How Japan’s corporate culture allows corrupt CEOs to win
  • Carlos Ghosn’s arrest shows that even visionaries need oversight

Select Bullets from Fox Business

 

  • Stocks rise as Goldman Sachs, other big banks release positive profit reports
  • Trump’s AG nominee Barr may target big tech
  • IRS waives penalty for some Americans who underpaid taxes
  • Government shutdown: What top lawmakers are paid
  • These are the best banks in America right now
  • Pelosi to Trump: Reschedule State of the Union address
  • Consuming vitamins, supplements can be extremely dangerous, Dr. Mike warns
  • Here’s where the world’s high net worth individuals live
  • Most high net worth investors had the majority of their portfolio in liquid assets.
  • Sears employees upset over Lampert’s bid win
  • Kia, Hyundai recalling 168,000 vehicles for fire risks
  • Nike unveils ‘Adapt BB’ self-lacing basketball sneaker: What to know
  • ‘Fortnite’ security flaw allowed hackers to make purchases, listen to players
  • The real reason why Macy’s struggles continue
  • Marley’s cannabis-infused drink will be in stores soon
  • Retailer Shopko enters Chapter 11 bankruptcy amid mounting debt
  • Democrats introduce $15 minimum wage bill
  • GOVERNMENT AND INSTITUTIONS
  • Waters, House panel may heighten Wall Street oversight
  • Brexit Deal Rejected: What’s Next?
  • Why British PM May should opt for no-deal Brexit
  • Brexit deal soundly rejected by British lawmakers
  • The Brexit Vote: How much should we care?
  • LIFESTYLE AND BUDGET
  • Marriott to rename loyalty program after cyber attack
  • Personal finance: The truth about becoming an American millionaire
  • Government shutdown and your health: What you need to know
  • Small business government shutdown cheat sheet
  • Lawmakers who are forgoing pay amid shutdown
  • Continue to Government shutdown
  • Travelling to Super Bowl LIII could become an issue amid shutdown
  • Apple in talks with private Medicare plans to subsidize its watch: Report
  • Why oil, gas giant ConocoPhillips stock bucked industry trends
  • Retail Apocalypse: These big retailers closing stores, filing for bankruptcy

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

9MarketIndicatorsYahooFinance1.16.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.16.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

WhiteHouseThanksCNNJimAcostaPlusManufacturedHousingMarketUpdatesDailyBusinessNewsMHProNews

Sometimes, the news takes an unexpectedly lighter turn. That happened a few days ago, when anti-Trump CNN champion, Jim Acosta went to the border to prove that there was no crisis or emergency.

 

The border battle is at the heart of the federal government shutdown, for both Democrats and Republicans.

In under two minutes, this video will cause some to smile, and others to frown.  The longest shutdown continues.  It is said that it will increasingly have an economic impact, which for now is limited to roughly a million federal workers and contractors.

It’s a symbol of divided government.

See the related reports, by clicking the linked text/image box below, for the facts behind this evening’s vexing video irony.

Related Reports:

“Playing Politics” – Immigration, Border Battle, and Manufactured Housing

 

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).

1.16.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

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.

Clayton Homes’ Vanderbilt Mortgage and Finance Customer Experience Video, What It Says, What Does It Mean for Manufactured Housing Pros?

January 15th, 2019 No comments

 

ClaytonHomesVanderbiltMortgageFinanceCustomerExperienceVideoWhatItSaysWhatDoesItMeanforManufacturedHousingProsDailyBusinessNewsMHProNews

Berkshire Hathaway owned Clayton Homes and Vanderbilt Mortgage and Finance (VMF) are well known, dominating brands in manufactured housing.

 

So, it should be of interest to the industry’s independents, who often have no choice but to deal with the marketplace realities of Clayton and VMF. This Daily Business News on MHProNews report will briefly tee up the following VMF video, and then lay out a focused analysis and commentary.

 

Welcome Home Customer Experience Video

Let’s stipulate that Clayton Homes and their ‘captive’ or related lender, Vanderbilt Mortgage and Finance (VMF).

It’s thus also fair to say that the various paid or unpaid people on this video by VMF meant what they said.

 

But does the fact that they have to make a video at all may be a signal of problems in the public perception of the brands based in metro Knoxville, TN?

Or that 6 months after they published this video on YouTube, that they’ve only had 55 views is another possible signal.

An amateur video, with terrible quality produced by a “pissed customer” has had over 5500 more views than this professionally made video by Clayton’s VMF. That’s sobering, because it is viewers that either do or don’t become buyers.

 

VanderbiltClaytonHomesComplaintsGoogle1152019DailyBusinessNewsMHProNews

PLEASE-PLEASE-PLEASE-InvestigateVanderbiltMortgageAndFinanceVMFClaytonHomesDailyBusinessNewsMHProNews

Another video – this from a Knoxville, TN based news outlet – also from 2018 reflects concerns over racism, predatory lending, and more.  That is echoed by a one-time Clayton team member.  It has dozens of times more views that the VMF videos does.

 

 

Real Problems That Ignoring The Signs Won’t Fix

There is a genuine problem that manufactured housing professionals are recognizing. Shipments during an affordable housing crisis are declining, not growing as the Berkshire brands dominated Manufactured Housing Institute (MHI) predicted. The linked report below speaks volumes, ICYMI, just click the text/image box for the details.

 

Manufactured Home Production Decline Accelerates in November 2018

 

MHI is arguably offering only photo ops – literal head fakes – in response to blank-and-white data.  No explanation, no plan, on fixing what is obviously wrong. Just posturing with politicians, the same things that have occurred for years on end.  Yet, here we are as an industry, with sliding production?

 

HouseMajorityLeaderStenyHoyerD-MDMHIEVPGovtAffairsChiefLobbyistLesliGoochPhDphotoDailyBusinessNewsMHProNews

Beyond their own head-fakes and red-herrings, they are apparently using surrogates to do more of the same.

The status quo should not be tolerated, unless the individual firms that make up the industry want to go the way of the buggy whip.  Clayton, VMF, 21st, and MHI “leadership” has been a bridge to nowhere.

Just as the manufactured home communities’ sector has launched a new post-production sector association, so too a new independent retailers – and other post-production firms – association is also needed. That proposed trade group should be one that can make the distinctive case for manufactured housing, apart from the seemingly toxic nature of the Berkshire brands and their Arlington, VA based MHI.

New post-production leadership is needed, and fast. See the related reports, linked below. “We Provide, You Decide.” ©  ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

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.

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

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

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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.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

Clayton Homes Fights Zoning, for “First Class Manufactured Homes” – Mainstream Media Reports

 

Former Manufactured Housing Institute President, Manufactured Home Owners, Urban Institute, and You

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

Warren Buffett’s Berkshire Hathaway, Clayton Homes, 21st Mortgage Corp and their “Strategic Moat,” Plus Manufactured Housing Equities Updates

“Major Step” in Independent National Post-Production Manufactured Housing Advocacy Taken, Per Trade Group

“What Are We, Chopped Liver?” MHI Member December 2018 Reactions

 

 

 

 

 

 

 

National Housing Conference CEO David Dworkin, Economic Impact of Partial Federal Shutdown, Plus MH Market Updates

January 15th, 2019 No comments

CNNmoney1.15.2019ManufacturedHomeStocksMarketsReportsMHProNewsBroader markets rose today, as did many of the manufactured housing industry tracked stocks. But among the more talked-about issues by investment watchers and business sites this afternoon are the growing concerns that the partial federal shutdown will have more of an economic impact than was initially thought. That will be our market focus this evening.

 

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.

CNNFoxNewsLeftRightMediaBiasDailyBusinessNewsMHproNEwsSharylAttkisson

MHProNews looks at issues from a wide variety of perspectives.

Select bullets from CNN Money…

  • Theresa May’s Brexit deal is in tatters
  • The pound is shrugging off the prime minister’s huge defeat
  • A monumental defeat for Theresa May’s Brexit deal
  • What the pound says about the future of Brexit
  • LIVE UPDATES Stocks end higher, pushing Nasdaq to a one-month high
  • Why the market is still a good bet in 2019
  • Morgan Stanley thinks another market storm is coming
  • Jamie Dimon says the shutdown is bad for the economy
  • Women could boost the global economy, but outdated laws are holding them back
  • Blue Apron hints at a profit, shares spike
  • JPMorgan earnings: A master class in how market volatility can hurt banks
  • Delta CEO says government shutdown is costing airline $25 million a month
  • Why journalists at the nation’s largest newspaper chain are nervous
  • Microsoft and Walgreens join forces to take on Amazon in health care
  • Shopping Content by CNN Underscored
  • These earbuds are an alternative to AirPods
  • Why it’s so hard to get dressed for work
  • Ford unveils its most powerful Mustang yet
  • Ford and VW alliance may create cars of the future
  • Toyota brings back the fast and sporty Supra
  • Hyundai big winner at Detroit auto show
  • Ford’s new GT500 is its most powerful car ever
  • The long-awaited Toyota Supra is here
  • Danone’s getting serious about low-sugar yogurt
  • Taco Bell will test a vegetarian menu
  • Starbucks’ new Bali store is designed for tourists
  • Chipotle’s new strategy: Dieters welcome
  • This coffee company thinks it can beat Starbucks in China

Select Bullets from Fox Business

  • IRS recalls 60% of workers to handle tax refunds amid partial shutdown
  • Stocks close up on China stimulus hopes, tech company gains
  • Netflix announces biggest price hike yet
  • Brexit deal soundly rejected by British lawmakers
  • Personal finance: The truth about becoming an American millionaire
  • Walgreens, Microsoft team up in massive health care deal
  • Jamie Dimon: Next US recession won’t look like ’07
  • Apple spends $150M on United Airlines annually, leaked documents show
  • Amazon to start hiring at HQ2 in New York
  • The financial struggles of unplanned retirement
  • Trump’s Clemson fast food feast cost $3K: Report
  • Sanders’ $15 minimum wage could cost US millions of jobs, critics warn
  • With Trump out for Davos, here’s who will take his place
  • Sears bankruptcy bids first step in ugly process
  • Volkswagen to invest $800M, build electric vehicles at Tenn. plant
  • Minimum wage debate: Former McDonald’s CEO on higher pay fallout
  • Trump considering former Pepsi chief to head World Bank: Report
  • US military members get 2019 raise
  • IRS launches free tax prep software ahead of filing season

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

9MarketIndicatorsYahooFinance1.15.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.15.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

NationalHousingConferenceCEODavidDworkinEconomicImpactPartialFederalShutdownPLUSmhMarketUpdatesDailyBusinessNewsMHProNews

There are now voices, including within the Trump Administration, that believe that the partial federal shutdown will have roughly double the economic drag as was first believed.

 

A discussion of some of that topic is found in the Fox Business video, posted below.

 

 

At the core of this is still a battle over the border, barriers, and immigration policy.

There is no doubt short term pain for a growing number of citizens.  At the same time, how is that balanced over the long-term pain experienced by millions?  This debate won’t end soon, that’s obvious.  Some related reports can be accessed for more insights via the linked text/image boxes below.

 

Related Reports:

 

Teen “Sex Slave” in “Mobile Home Park” – Kid Lured by Gaming App, per ABC, State Officials

 

State AG Files Suit Against, Manufactured Home Community, Rent to Own, Lease Purchase Option Warning

 

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).

1.15.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.”

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.

Warren Buffett’s Berkshire Hathaway, Clayton Homes, 21st Mortgage Corp and their “Strategic Moat,” Plus Manufactured Housing Equities Updates

January 14th, 2019 No comments

CNNmoney1.14.2019ManufacturedHomeStocksMarketsRManufactured home equities closed mixed again today, and the broader markets overall took their second closing dip that started on Friday. Ideally and historically – given that there is an affordable housing crisis – manufactured housing stocks should be more durable than they have been in recent years.  Why the shift, from years gone by?  That will be our investor focus 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 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.

 

FoxCNNBloombergCNBCLeftRightMEdiaDivideManufacturedHousingIndustryNews

 

Select bullets from CNN Money…

  • The other Sears that isn’t in bankruptcy
  • Hometown stores were supposed to be shielded from Sears’ woes. That’s not how it turned out
  • What moved the markets today
  • Citi is the first bank to report earnings, and the results aren’t great
  • Volkswagen will add 1,000 jobs at Tennessee plant
  • Rival wants to buy USA Today publisher Gannett
  • Bitcoin is 10 years old. But it won’t go mainstream until it’s regulated
  • Wells Fargo has splurged on stock buybacks since fake-accounts scandal
  • Brexit is a nightmare for currency traders
  • Carlos Ghosn’s wife slams Japan’s ‘draconian’ legal system
  • Saudi Arabia: We can ‘easily’ cut oil supply further if global economy stalls
  • Human trafficking is a global epidemic. And we can all help fight it
  • Shopping Content by CNN Underscored
  • These earbuds are an alternative to AirPods
  • 20181220-perspectives-trump-xi-hooper
  • The Chinese investment boom in America is over
  • PG&E, utility tied to California wildfires, will file for bankruptcy
  • How some wellness programs encourage toxic attitudes about body size
  • Wells Fargo has splurged on stock buybacks since fake-accounts scandal
  • It’s paying $575 million to settle fake account claims
  • Facebook and Wells Fargo are in bottomless pits of scandal. They each reacted differently
  • One family’s Wells Fargo foreclosure nightmare
  • Lawsuit says the bank knew for years that auto insurance was hurting customers
  • This Hyundai got its second Car of the Year award
  • Ford redesigns ‘world’s most popular SUV’
  • See the crazy doors on Lincoln’s new $100k car
  • Jeep will make its first pickup in 26 years
  • Tesla will cut prices to combat tax credit phase out

Select Bullets from Fox Business

  • US economy has good momentum in 2019: Fed Vice Chair Richard Clarida
  • Stocks fall as China data raises growth concerns
  • Lawmakers who are forgoing pay amid shutdown
  • US veteran unemployment rate hits all-time low in 2018
  • Bernie Sanders looks to raise federal minimum wage with new bill
  • USA Today publisher Gannett gets $1.36B hostile takeover bid
  • Gymboree plans to file for bankruptcy
  • More Americans fleeing high-tax states
  • IRS launches free tax prep software ahead of filing season
  • What will the future hold for Sears?
  • What’s Next for PG&E?
  • PG&E discloses bankruptcy protection plans, stock falls most ever
  • Now that PG&E is filing for bankruptcy, what happens next?
  • Chief executive of PG&E steps down
  • Toyota boss to Trump: No such thing as American-made car
  • Cadillac president talks electric vehicles, China market
  • Smaller tax refunds could hurt US auto sales in 2019: Report
  • Ocasio-Cortez, left-leaning politicians dominate Twitter talk
  • Here’s what MacKenzie Bezos has said about her husband
  • Amazon may lease large retail space in Chrysler Building: Report
  • Travis Scott required NFL charitable donation for Super Bowl halftime show: Report
  • Why this state will pay you $10,000 to move there
  • Why a cold workout could be more beneficial

 

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

9MarketIndicatorsYahooFinance1.14.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.14.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

WarrenBuffettsBerkshireHathawayClaytonHomes21stMortgageCorpStrategicMoatPlusManufacturedHousingEquitiesUpdatesMHProNews

Sometimes the best hiding place is the
one that’s in plain sight.”

― Stephenie Meyer, The Host.

Sometimes it’s best to hide in plain sight.”

― David Estes, The Moon Dwellers – both quotes per Goodreads.

The 800-pound gorilla in manufactured housing production is Clayton Homes, a part of the Berkshire Hathaway conglomerate.

Let’s start this evening by defining the term, ‘the Moat,’ as described by Investopedia.

 

InvestopediaWhatIsEconomicMoatManufacturedHousingIndustryDailyBusinessNewsMHProNews

If you want to understand the factory-built housing industry’s arguably incredible potential – vs it’s poor performance in the last 15+ years – one must understand Clayton Homes and their strategic Moat.

When Jeff Bezos’ Amazon Alexa Fund said they calculate the potential of factory built homes at some $330 billion a year, and manufactured housing only did some $6.5 billion in 2017, one must ask, what’s going on?

This feature should be viewed as a ‘hub’ that cross links several related reports.  No one article will cover it all. So Let’s tee this up in a simple fashion.

Almost a year has gone by since the Urban Institute asked the insightful question:

“Manufactured homes could ease the affordable housing crisis.
So why are so few being made?”

The first spoke of the hub is this article with videos of Warren Buffett, Kevin Clayton and others, linked below.  It’s been updated today with a few more useful items.

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

The next spoke of the hub is the use of nonprofits and trade associations. We’ll keep this simple with this report, linked below, that quotes a former Manufactured Housing Institute president at length.

Former Manufactured Housing Institute President, Manufactured Home Owners, Urban Institute, and You

 

Hub number three? It’s an analysis of a report in the Atlantic, that cites Clayton Homes, and correctly predicted certain trend retail lines.

 

Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

 

 

Next consider this surprising factoid. 

While the Urban Institute’s report was useful to manufactured housing, a close look at it by an informed industry professional would reveal certain flaws. Nevertheless, overall, it was a plus, as were reports by the National Association of Realtors, Bloomberg and others in 2018.  So why didn’t MHI highlight those on their website?  How could a trade body that claims it wants the industry to grow miss powerful positive, third party reports to bolster their case? Oversight?  Or part of the Clayton strategic moat?

 

Manufactured Housing Institute on Urban Institute, Bloomberg, National Association of Realtors Reports Praising Manufactured Homes

For those who may wonder why there aren’t more trade associations in manufactured housing, as there are in mainstream housing, the automotive, or RV industries – to name but a few – that’s a point that the Manufactured Housing Association for Regulatory Reform has pushed for years.  They assert that Berkshire dominated MHI is the latest iteration of a longer trend.  The bigger firms have long dominated MHI.  If so, a flawed policies at the ‘umbrella’ association MHI can be used to consolidate the industry by slowly throttling smaller players.  Are MHARR alone in that belief? Apparently not, because a new trade association has recently emerged, accusing MHI of failing independents.

Independent National Manufactured Housing Post-Production Association Takes Major Step

 

MHARR’s 2017 report examining this issue in depth is linked here.

MHARR Releases Study Recommending Independent Collective Representation for Post-Production Sector

For a nation that’s listened to the phrase ‘rigged system’ since 2015, that Senator Bernie Sanders and then-candidate Donald J. Trump made popular, it’s interesting to note that MHARR points to their concerns that MHI and the Berkshire brands have essentially ‘rigged’ the Congressionally mandated Duty to Serve (DTS) part of the Housing and Economic Recovery Act (HERA) of 2008.  Here’s but one of their takes on the DTS issue.  Keep in mind, it’s an attorney who is dotting i’s and crossing t’s that is writing the following.

 

MHARR Exposes GSES’ Failure On Chattel Financing Before Congress

There are numerous voices, past and present, associated with MHI who have been quoted in the report below.  Those varied voices shed lights on different aspects of how the ‘moat’ was built, even though they were not using that phrase.  Some make it clear that MHI is a tool of Berkshire Hathaway.

 

Why Is Manufactured Housing Struggling During an Affordable Housing Crisis? Former MHI President, VP, Other’s Quotable Insights

 

That’s plenty of reading for a while, right?  But once you or anyone starts to get their heads around this, you’ll understand why Maxine Waters, and 3 other Democrats have leveled similar charges against Clayton, their affiliated lenders, as have others across the left-right divide.

As federal investigations press on, one question is, will Democrats and the Trump Administration work to unrig the system?

 

 

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).

 

1.14.2019DailyBusinessNewsManufacturedHousingConne

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.)

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

Amazon, Google – Both Into Factory Building – Want More Influence, Insights In Your Life, Plus MH Market Updates

January 11th, 2019 No comments

CNNmoney1.11.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe markets closed down modestly today, the first dip in a week. Manufactured home connected tracked stocks closed mixed.

Our focus this evening will be two firms that already have enormous economic influence, Amazon and Apple – both of which have their own initiatives involving factory building. While the Daily Business News on MHProNews periodically spotlights the hits and misses caused by Berkshire Hathaway brands in MHVille, and their oversized influence over the Manufactured Housing Institute (MHI), that must be balanced by the reality that these are not the only factors that impact HUD Code manufactured home professionals daily.  An insight tonight into what Google and Amazon are doing, as they seek to increase their influence over your personal and professional life will be our focus.

 

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…

  • The streaming wars are getting real
  • Get ready for even more Netflix competitors this year
  • LIVE UPDATES What’s moving markets today
  • GE stock could be worth just $5, analyst warns
  • Cyberhacks can cost businesses millions. And insurers may refuse to pay up
  • A 5G world is coming. Tech companies at CES show they’re ready
  • Apple reportedly plans 3 new iPhones this year
  • Volkswagen sold a record number of cars last year
  • Lionsgate, a struggling motion picture studio, lays off 25 staffers
  • Why Wall Street turned its back on junk bonds
  • GM raises its profit forecast, stock jumps
  • SpaceX set to launch final batch of next-generation satellites
  • Why a wacky discount store is buying up the remains of Toys ‘R’ Us
  • Bud Light packages will now show nutritional information
  • How to avoid overpaying for a home
  • Why the National Enquirer says it decided to investigate Jeff Bezos
  • Jeff and MacKenzie Bezos are getting divorced
  • What this divorce could mean for Amazon
  • The divorce doesn’t mean there will be drama
  • Some of the world’s most expensive divorces
  • The Tesla Model X.
  • Tesla drops cheapest versions of the Model S and Model X
  • Ford redesigns ‘world’s most popular SUV’
  • Britain’s biggest carmaker cuts thousands more jobs
  • Ford is shedding thousands of jobs in Europe
  • Fiat Chrysler to pay hundreds of millions to settle emissions charges in the US

Select Bullets from Fox Business

  • Stocks close down after five-day winning streak
  • US economy may get hit by shutdown as as soon as next week
  • Trump floats citizenship for H1B visa holders
  • Amazon’s Whole Foods seeks Sears, Kmart stores to buy
  • Costco sells out of 26 lb. mac & cheese tub with 20-year shelf life
  • GM unveils all-electric Cadillac in hopes it will challenge Tesla
  • Slack could become biggest direct public listing since Spotify
  • Five tax reform reminders for 2019 filing season
  • Apple to release new line of iPhones despite sales worries
  • Andy Murray will retire from tennis as 4th-highest earner in sports’ history
  • These US companies employ the most H-1B visa holders
  • Bezos Divorce: What’s Next for Amazon?
  • Here’s what MacKenzie Bezos has said about her husband
  • Here’s how much property Jeff Bezos owns in the US
  • A look at Jeff Bezos’ biggest assets as he heads for divorce
  • Columbia Sportswear on shutdown: ‘Make America’s Parks Open Again’
  • GM CEO Mary Barra: Need the company to be strong for ‘several decades’
  • Djokovic, Federer and tennis’ top 5 highest-earning players ever
  • Actions speak louder, stop apologizing: Kennedy
  • Poland arrests Chinese employee of Huawei
  • Alexandria Ocasio-Cortez isn’t the future of the Democratic Party: Joe Lieberman
  • Here are the most promising jobs of 2019
  • GM stock jumps on plans to cut 15,000 North American workers
  • Chef, veterans expand healthy meal delivery business
  • Trump says Chinese more honorable than Democrat leaders: Varney
  • Saudi Arabia’s strategy for Aramco IPO and $80 oil
  • US-China trade war: Why America must win

 

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

9MarketIndicatorsYahooFinance1.11.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.11.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

AmazonGoogleBothIntoFactoryBuildingMoreInsightsInfluenceLifePlusMHMarketUpdates

 

Let’s tease an upcoming report on the impact of monopolistic practices in America, how that impacts businesses, investors, and consumers, as we look back to a report linked below on the New York Times last fall that touches on aspects of the same issue.

 

New York Times-David Leonhardt-“The Monopolization of America,” Manufactured Housing Slant

 

Now, let’s consider a report today from CNBC, that spotlighted Google and Amazon’s race to see ever more of what you see, and do – and they make money from all of it, of course.

 

In taking a step back, and looking, one sees a trend towards a small number of mega-corporations dominating the U.S. What will that do to small business, politics, and other issues that impact manufactured housing?

We’ll remind readers about the Creepy Line, because the U.S. has arguably blown past it.

 

“The Creepy Line” Video DocuDrama, Manufactured Housing – The Problem, Solution, and You

 

Related Reports:

$300 Billion Market, As Predicted, Jeff Bezos’ Amazon Alexa Fund Dives Deeper into PreFab Homes

 

Brad Says POTUS Trump is Right: More than Facebook & Twitter, Google Threatens Democracy, Online Freedom

Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

 

Seattle Times -Federal Investigations-Berkshire Hathaway’s Clayton Homes, GuruFocus Spotlights Buffett’s Clayton’s “Unethical,” Monopolistic Moat

 

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).

1.11.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.”

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.

Tips for Wealthy re Jeff Bezos Stolen Sexts Message Snag, Amazon Woes? Plus MH Market Updates

January 10th, 2019 No comments

CNNmoney1.10.2019ManufacturedHomeStocksMarketsReportsMHProNewsBeing the world’s richest man, at least for now, doesn’t mean that every decision you make is a smart. On the 5th day running for rising markets, which are now out of correction territory and up 10 percent since their lows last year, we’ll look at Bezos, those risky and risqué text (sexting) messages, what that might mean for Amazon stock holders. Plus, tips on how to avoid what happened to Bezos from happening to you or a wealthy friend.

 

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…

  • Macy’s stock has its worst day in history
  • A long shutdown could leave the Fed without critical data
  • The $4.5 trillion force that’s helping to fuel market swings
  • Oil hasn’t done this in nearly a decade
  • Earnings growth is slowing … but that may be okay for stocks
  • Here’s the endgame for Sears. It doesn’t look good
  • How Kirkland Signature powers Costco’s success
  • Ford is shedding thousands of jobs in Europe
  • Jaguar Land Rover is slashing 4,500 jobs
  • Ford redesigns ‘world’s most popular SUV’
  • Rollable TVs and butler robots: Gadgets that caught our eye at CES 2019
  • Perspectives: 4 signs a company is a good employer for women
  • In a work rut? Here’s how to get out of it
  • How to land a new job this year
  • The Tesla Model X.
  • Tesla drops cheapest versions of the Model S and Model X
  • Why the National Enquirer says it decided to investigate Jeff Bezos
  • More than 1 million people subscribe to this electric toothbrush startup
  • How AI is making business travel better
  • PERSPECTIVES AI will probably make your life easier this year
  • We tested Tumblr’s ban on porn. It needs work
  • Silicon Valley is working with China to ease fears about AI
  • Facebook’s top AI scientist says it’s ‘dust’ without artificial intelligence
  • 04 see her work 10 – Wide Shot Leather Gloves and Safety Vest in Use
  • Her clothes keep female construction workers and firefighters safe
  • How legacy brands like Ann Taylor are evolving
  • You can thank this man for expensive yoga pants
  • How Kohl’s figured out the Amazon era
  • Retailers wake up to opportunity in plus-size clothing

Select Bullets from Fox Business

  • Here’s what MacKenzie Bezos has said about her husband
  • Stocks book 5 straight days of gains, exit correction territory
  • Here’s how much property Jeff Bezos owns in the US
  • A look at Jeff Bezos’ biggest assets as he heads for divorce
  • Bezos Divorce: What’s Next for Amazon?
  • Will Jeff Bezos’ divorce impact Blue Origin $1B funding pledge?
  • How the Bezos divorce may affect the future of Amazon
  • Amazon CEO Jeff Bezos’ divorce subject to these tax changes
  • Alexandria Ocasio-Cortez isn’t the future of the Democratic Party: Joe Lieberman
  • Tax season: Top 3 changes that may affect you
  • As millennials buckle down, 2019 will be a buyer’s market: Trulia
  • Best and worst states to get a divorce
  • ‘Fortnite’ company gets ‘F’ rating from Better Business Bureau
  • Amazon shareholders deserve to know what happens to their money now: Varney
  • Saudi Arabia’s strategy for Aramco IPO and $80 oil
  • End the immigration hysteria and help the economy grow: Kennedy
  • Trump cancels trip to Davos amid partial shutdown
  • Trump cancels Davos trip over partial govt. shutdown
  • Did the Fed ‘massage’ December minutes?
  • Macy’s, other retailers’ shares tumble after weak holiday sales results
  • The most expensive divorce settlements
  • Oracle, SF Giants reach stadium naming-rights deal
  • Divorce and money: Common pitfalls to avoid
  • Fiat Chrysler to pay around $650M in emissions cheating case
  • US economy is in ‘great shape’: Home Depot co-founder Marcus

 

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

9MarketIndicatorsYahooFinance1.10.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.10.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

TipsWealthyJeffBezosStolenSextMessagesSnagAmazonWoesMHmarketUpdatesDailyBusinessNewsMHproNews

Keep your pants zipped if you’re a married man with another woman. That was the short version of the takeaway from the 1987 hit movie, Fatal Attraction.

FatalAttractionMichaelDouglasGlennClose1987MovieWiki

Fast forward to 2019.

CNBC reports that the wealthy are obviously more targeted by hackers than the ordinary are.  Here are some tips, followed by a video on what the meaning of all this might mean for Amazon investors.

 

•             Very wealthy people are often targets for criminal hackers, tabloids, and rivals, but there are steps anyone can take to avoid exposing sensitive personal and business communications.

•             Watch your passwords, download a secure messaging app and make sure the other party you’re texting with is on board.

•             Secure texting shouldn’t be viewed as something “shady” — it’s needed for everything from sharing confidential business plans to responding to breaches.

 

 

One last thought on this, is that this does have a factory-built housing tie in.  Bezos’ led Amazon Alexa Fund has put a few million into a prefab operation in 2018. When there’s tens of billions available, don’t think for a second that its likely to be the only investment by one of the largest firms in the world into factory built housing. 

Related Reports:

$300 Billion Market, As Predicted, Jeff Bezos’ Amazon Alexa Fund Dives Deeper into PreFab Homes

 

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).

1.10.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.”

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.

Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

January 10th, 2019 No comments

 ExaminingDerekThompsonAtlanticReportMobileHomeMarketRetailMarketAsFastestDyingBusinessinAmerica

 

At the center of a perfect storm of boomer burnout, a brutal recession, and a rapidly changing industry, the mobile home retail market could be the worst industry in America. Here’s why,” wrote Derek Thompson as his subheading on a story for the Atlantic, a popular progressive news and views website. With a raging affordable housing crisis in the U.S., or in Canada for that matter, how is this contraction possible?  

 

At the time Thompson’s report was published, it was the headline that shocked many in the manufactured housing industry.  That headline sparked controversy, which wasn’t limited to the threat to manufactured home retail, but could have been misread as a challenge to the existence of other parts of the industry.

That headline? “America’s Fastest-Dying Business? It’s Mobile Homes1,” said Thompson. Across the left-right divide in manufactured housing professional circles, Thompson’s narrative sent shock waves and reactions, including commentary and reports here on MHProNews.

 

TheAtlanticLeftRightMediaDivideManufacturedHousingIndustrySharylAttkison

 

But in hindsight, Thompson – who obviously erred in terminology when he referred to federally regulated, HUD Code manufactured homes as ‘mobile homes‘ [SIC] – was citing serious data. Besides the error in terminology, was there any other oversights or misses in Thompson’s report?

To properly analyze any study, research, or statements, one ought to first admit that no single report can cover every detail or nuance. This report, like Thompson’s or any other is self-limiting. Facts, quotes, and statements are used by a writer who could have arranged them in a variety of ways. That years later, Thompson’s work in the Atlantic is worthy of review stands on its own merits.

The Daily Business News on MHProNews is hereby looking back at the Atlantic report, a section-by-section “Fisk” or fact-check of what was good, bad, or possibly missed. While this focused on retailers – what Thompson calls “dealers” – it should be more broadly understood by manufactured housing (MH) investors and professionals as impacting every part of the industry.  Why?  Because then and now, a large part of the industry’s production goes to market via retailers.  Having – or not having – a sufficient number of independent retailers has and still does place pressures on manufactured home producers, communities, suppliers, installers, transporters, financial service firms, and arguably all others throughout the industry. 

 

FiskFiskingDefinitionManufacturedHssuingIndustryDailyBusinessNewsMHProNews 

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Following his subheading quoted above, Thompson wrote as follows. “If I asked you to name America’s least fortunate industry, your mind might go to records stores, obliterated by on-demand apps; or photofinishers, left in the cold as digital cameras turn Americans into our own photo editors; or fabric makers, where business is booming … in Shenzhen, China. 

But when it comes to unlucky industries, it’s manufactured home (aka mobile home) retailers who really hit the trifecta*. First they missed out on the housing boom. Then they felt the gut-punch of the recession. Now they might yet might miss out on the recovery. That makes them America’s fastest dying industry, according to a new report from IBISWorld.”

DyingUSIndustriesNotMobileHomesManufacturedHomesDailyBusinessNewsMHProNews

These graphics were part of Derek Thompson’s original report, and are placed in the same location with respect to the Atlantic’s narrative. That original report is linked here.

 

If Thompson was referring to the conventional housing boom of the early 2000s, he was quite correct in saying that manufactured housing missed it. 

But in the early 2000s, Eric Belsky of Harvard University’s respected Joint Center for Housing Studies (JCHS) had been researching manufactured home quality, and the industry in general. Based upon his research, Belsky projected that despite of the slide in manufactured home sales due to the arguably self-inflicted wound of a repossession glut in the late 1990s and the early 2000s, Belsky’s study and analysis led him to believe that given the need for affordable housing plus the improved quality of manufactured homes, would lead the industry into housing dominance by 2010.

So, Thompson mentioned none of those points by Harvard’s Belsky.

That said, the projection by Belsky proved to be wrong, for reasons noted and explored as part at the report linked below.

 

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

 

Back to Thompson’s narrative in the Atlantic.

With a 70+% decline in revenue over the last ten years, the mobile home industry faced a descent on par with record stores and clothing mills. But it’s the pace of its future decline that sets them apart. In the next six years, manufactured home dealers are projected to see revenue evaporate 50% faster than even music stores and the wired phone industry. Here are full IBISWorld rankings, listed by industry revenue.”

 

NPRAtlanticDyingIndustryManufacturedHomeRetailNotMobileHomeDailyBusinessNewsMHProNews

Notes to new readers on MHProNews. 1) MHProNews uses brown and bold fonts to reflect direct quotes. 2) The graphic above was part of Thompson’s Atlantic report at this same point in his narrative, but the arrows and commentary are by MHProNews.

 

***

Noting again the error in industry terminology issue, which should have said manufactured home, Thompson wrote, “The typical mobile home buyer is a retiring, low-income couple in the southeast, said Mary Gotaas, an analyst at IBISWorld. The southeast region accounts for 40% of the industry’s dealership, and mobile homes are usually bought by consumers over the age of 50. “They’re retiring, they don’t care about equity or link-to-land ownership, and they want something cheap because they’re saving for things like medical bills,” she said.”

Ironically, at about that same time, HUD was producing a PD&R that reflected university-level research on manufactured housing. Here’s how HUD describes a PD&R, “The U.S. Department of Housing and Urban Development’s (HUD’s) Office of Policy Development and Research (PD&R) supports the Department’s efforts to help create cohesive, economically healthy communities. … It is intended to help you identify PD&R data sets that can be used as a basis for your research or analysis.”

 

RegulatoryBarrierstoManufacturedHousingPlacementinUrbanCommunitiesHUDPDR-postedManufacturedHomeLivingNews595x357 (1)

The HUD PD&R screen capture – with linked download available here – arguably reflects a lack of understanding about how enhanced preemption could solve the affordable housing crisis using mostly private capital. The research is useful, but adding in the missing ingredient of enhanced preemption would make it priceless. 

That roughly 8 year old research commissioned by HUD made the point that the data reviewed proved  that manufactured homes could and did appreciate in value, and that it did do so side-by-side with conventional housing in urban neighborhoods as infill. Some of the biggest ‘hits’ on the manufactured home industry’s products and value-proposition were being debunked by university level scholarship.

Returning to Thompson’s narrative in the Atlantic, “Thirty years ago, I had a list of 90 manufactured homes makers,” said Thomas Roberts, a real estate agent with Century 21 Realty in Fremont, California, who works with mobile home makers. “Today, I don’t think there are more than 25. Nobody’s opening mobile home parks.”

Both of those claims were exaggerated at best, and were demonstrably errant. But Thompson was quoting someone else’s claim. And while factually wrong, the trend lines were broadly relevant.

 

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There were dozens of fewer factories, and the creation of new manufactured home (MH) communities had slowed to a trickle.  As noted above, all of that can be traced in part to a restriction of capital/financing. That impacted the occupancy rates of MH communities, and thus also the creation – or lack thereof – of new land-lease communities.

DataCompMHVillageNewManufacturedHomeCommunityOpeningsNotMobileHomeParksManufacturedHomeIndustryResearchDataReportsMHProNews

 

Thompson next said, “Five broad factors account for the mobile home industry’s long slide. First, the housing bubble’s loose credit encouraged low-income families to buy regular “site built” homes instead of mobile homes. Second, the recession hit low-income folks who comprise most of the mobile home market harder than average. Third, the housing bubble’s collapse killed the price of houses and condos, making them a better deal for low-income families (especially since manufactured homes depreciate in value, while a house’s value increases over time). Fourth, older couples who would normally sell their house to buy a mobile home are waiting for the value of their houses to rebound. When the market recovers, they’re more likely to buy “modular homes,” which differ from mobile homes because their walls are put together on site.”

That is once more laced with errors and accurate insights alike. Modular homes are built in modules, with the walls already assembled, plus an ongoing terminology issue, misusing ‘mobile homes’ when he means ‘manufactured homes.’ But those errors aside, several point are broadly correct. Furthermore, in Thompson’s defense, he was citing third-party sources. So, he might be forgiven technical industry errors in writing a one-and-done column about what he thought was a dying industry.

 Terminology2HarvardFreddieMacNeighborworksManufacturedHomeDefintionMobileHomeTraileModularPanelizedDailyBusinessNewsMHProNews432

 

Thompson rolls on in his narrative in this fashion. 

Fifth, and most importantly, even when demand for mobile homes returns, retailers might be left in the dust. A new trend in mobile homes is for manufacturers to open their own outlets, so that retailers are bypassed.” That was a telling comment, on what industry professionals refers to as vertical integration.

 

 

Wrote Thompson, I actually think the next six years are going to shape up for [mobile homes] really well,” said Thayer Long at the Manufactured Housing Institute. “People are looking for smaller homes, and dollar-for-dollar, we offer the best house.” Thompson or his editor clearly should not have inserted “mobile homes” in brackets, given that Thayer Long well knew that they are HUD Code manufactured homes. For newcomers, in the U.S., there have been no mobile homes built in the U.S. since June 15, 1976, in Thompson’s misinterpreted sense of the term.  In Canada, their mobiles homes of the past, gave way to their Z240 code for manufactured homes decades ago as well. 

But what followed from Thompson was arguably vexingly correct, “The future of the industry will resemble Clayton Homes, a mobile home conglomerate which was acquired by Warren Buffet in 2003. Clayton started as a retailer, but they’ve expanding into manufacturing, financing, leasing, and insuring mobile homes. Now the company is a do-it-all industry leader that even serves as a distribution center for other manufacturer’s homes. Thus sounds the death knell for private mobile home retailers.”

While that was broadly accurate, what Thompson did not note was how this was being accomplished. Once more, the facts presented in the report previously linked or here paints a more complete picture.

 

 

TrailerHouseMobileHomeManufacturedHomeFactoryBuiltHousingEvolution101MHProNews-MHLivingNews

You must meet people where they are. Terminology must be taught and caught. Make a habit of using the correct terminology.

 

Disclosures About Disclaimers  

Think about this fact. Mainstream news media routinely uses other firms logos, content, videos, and images. How do they do that without getting sued for copyright violations?

Short answer?

First, we are not attorneys, but our reading of what federal websites and the courts have upheld is the following. That under the principle of “fair use,” media is able to use others content in specifically defined ways. So, when a firm like MHProNews uses Clayton Homes, 21st Mortgage, or the Manufactured Housing Institute logo of content, and stays within those “fair use” for news-media lanes, they are a legal defense from a claim of copyright infringement.

That’s mentioned for a few reasons.  One, while the Atlantic provided their fair use disclosures in their article by Derek Thompson differently than MHProNews has been doing for years, they gave disclosures too. No doubt, those disclosures where provided with fair use guidelines in mind.

Here is how the Atlantic finished up their disclosures on Thompson’s article.

Photo: Afroswede/Flickr

____

*Contrary to common belief, today’s manufactured or mobile homes don’t all look like 1960s caravans, with the cinder-blocks and wheels. Manufactured homes are prefabricated houses built entirely off site and delivered to where the family has leased land. They can look awfully like real “site built” homes. See for yourself on Clayton’s gallery of manufactured and modular homes. The word “mobile” doesn’t always to their constantly moving — although many mobile homes are built on wheels — but rather their ability to be transported when needed.”” MHProNews Footnote 1: coming from a non-MH industry professional, that’s a pretty good mainstream explanation of a manufactured home.

Thompson and/or his editor used a British expression “1960s caravans” to distinguish the mobile homes of the past, with the manufactured homes of today. At the end of their article, they essentially corrected the terminology errors the rest of the Thompson article used. That is arguably better than many in mainstream media do, given that thousands of articles or videos errantly use ‘mobile home’ indiscriminately and/or interchangeably with manufactured homes. 

 

BagPhonesToCellPhonestoSmartPhones2019ManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

There are phases are different points in the evolution of the factory-built home industry history, just as there has been an evolution in telephones, computers, automotive or scores of other industries. For instance, one doesn’t properly call an old bag phone from the 1980s – the early version of a cell phone  to the smart phones of today.  The two are different, but the former evolved over the years into the later.

 

TerminologyMattersBecausetheTerminologyDescribestheConstructionStandardsHomeBuiltToSteveDukeLMHAaMHLivingNewsMHProNewsBiggerPocketsSunshineHomesRedBayAL

The terminology matters because
the terminology determines the
construction standards a home was
built to,” Steve Duke, LMHA.

 

Thompson’s article linked to Clayton’s website. It bears mention that an article last year in the Boston Globe, didn’t link Clayton’s site, but it did spotlight Clayton Homes produced homes and pricing. More on that another time. 

Finally, about what some might see as the overuse of third-party discourse notices on MHProNews. MHI has had multiple attorneys over the course of years sending threatening letters to the publisher of MHProNews. Among those are “cease and desist” letters are complaints about the use of a logo, which were part of the fisking of their content. Those attorneys arguably must know – if they are worth their salt – that they have no legal leg to stand upon. That’s not to say that they can’t sue.  In America, almost anyone can. But MHI – and the powers behind their throne – must know it is a hollow threat in the sense that they realize that MHProNews is operating within the guidelines of fair use.  

What MHI attorneys, leadership – elected or staff – have not done is debunk or disprove any of our research. They arguably want to silence this platform, which is demonstrated in a variety of ways. But emailed invitations as recently as last week to: Clayton, 21st, Cavco, Nathan Smith/SSK Communities, and MHI’s staff leadership have yet provided not a single intelligent response that debunks a even one claim or concern raised here or on MHLivingNews. Rather, MHI and their powers-that-be demonstrably have used efforts – like threats of litigation – to silence us by threats and intimidation tactics?

What should that tell the industry’s readers and investors?

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The words of the late Howard Walker, ELS Vice Chairman, shared for publication with MHProNews.

TimWilliams21stMortgagePublicationDailyBusinessNewsMHProNewsMHLivingNews

Some of those who allegedly are now resisting the reports on MHProNews, have previously and publicly praised MHProNews as the best in the industry.

What messages from readers and third-party metrics tells us is this. Our readership – which was already the runaway #1 in manufactured housing trade media – has skyrocketed since we began our exposes of the purportedly rigged, corrupt system that the Omaha-Knoxville-Arlington axis and their allies have used to slowly monopolize manufactured housing. What this article in the Atlantic did was identify the trend.  What the Atlantic’s Thompson didn’t do is identify how that was done by manipulating capital, credit, and more.  Again, click here to learn more.

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LegacyHousingUpcomingPlantShowBANNER-AD-3

Legacy returned as a sponsor. Placement of their ad, or any others, shouldn’t be construed as that sponsor agreeing with any specific article.

Others think that they also benefit Omaha-Knoxville-Arlington axis and what is arguably a rigged system too. But there are growing voices within those operations that confirm and thank us for reports like this one.  The rise of former MHI members, who launched new trade groups, or left MHI, are evidence that the research here is based on realities that others in manufactured housing recognize, and are acting upon.

 

Atlantic/Thompson Fisking Takeaways? 

Are independent manufactured home retailers SLOWLY dying?

The trend lines say, sadly, yes. A state association executive said almost the same rate of decline in the total number of independent retailers roughly a year ago. Facts and trend lines are what they are. 

ManufacturedHousingSHipmentsBloombergQuintFactoryBuiltRebuidRecoveryDailyBusinessNEwsMHproNEws

Spotlighting this trend is debatably necessary as part of the process for the underlying causes of affordable housing’s crisis.  “We Provide, You Decide.” © (News, analysis, and commentary.)

 

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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.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

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

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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.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

New Era in National U.S. Manufactured Home Community Representation Underway?

Production Decline Continues in November 2018

 

Independent National Manufactured Housing Post-Production Association Takes Major Step

 

 

 

 

 

Why Did Stocks Tank in December? Plus Manufactured Home Stock Market Updates

January 9th, 2019 No comments

CNNmoney1.9.2019ManufacturedHomeStocksMarketsReportsMHProNewsOn the fourth day in a row that markets rose, and most manufactured housing industry tracked stocks rose as well, we will look at reports on data that may help explain why markets dropped in December, 2018.  That will be this evening’s featured focus.

 

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…

  • The global market for smartphones is shrinking
  • Smartphone sales fell for the first time in 2018. This year may be better
  • The worst news for the stock market has been priced in — for now
  • CEOs are leaving US companies as economic uncertainty grows
  • The world’s richest couple is splitting up
  • Cheap wine is over. Now one big alcohol company has to adjust
  • More big consumer companies will bet on pot this year
  • Her clothes are keeping female construction workers, firefighters and paramedics safe
  • 4 signs a company is a good employer for women
  • The Dow has spiked 2,000 points since Christmas Eve
  • Saudi Arabia has always claimed vast oil reserves. An audit just proved it’s right
  • Car sales drop in China for the first time in 20 years
  • Miscarriages are common. At work, a culture of silence keeps women quiet
  • Baidu self-driving vans to deliver Walmart groceries
  • GM and DoorDash to deliver food in self-driving cars
  • Waymo starts giving public rides in self-driving vans
  • Uber wants to test self-driving cars again after fatality
  • Planes may hold the secret to safe self-driving cars
  • Chobani looks beyond yogurt
  • Kroger and Microsoft partner up to take on Amazon
  • Pizza Hut expands beer delivery service
  • Chipotle’s new strategy: Dieters welcome
  • This coffee company thinks it can beat Starbucks in China

Select Bullets from Fox Business

  • Amazon’s Jeff Bezos divorcing after 25 years of marriage
  • Stocks rise on optimism about trade talks
  • After Bezos split, here’s a look at some of the 5 most expensive divorce settlements
  • MacKenzie Bezos could be world’s richest woman following divorce from Amazon CEO
  • America’s cheese problem is at an all-time high
  • Trump has bested Pelosi, Schumer on national security battle: Varney
  • C. Penney announces more store closures
  • Toyota announces recall of 1.3 million vehicles in US
  • This could be the world’s biggest economy in 2030
  • Trader Joe’s ranked top US grocery store chain
  • Fed minutes reveal dovish approach to rate hikes this year
  • Trade meetings conclude in China as hopes of a deal build
  • New York City’s iconic Chrysler Building is up for sale
  • Inside Disney’s massive ‘Star Wars’: Galaxy’s Edge attraction
  • LA teachers prepare to strike for first time in 30 years
  • Costly mistakes to avoid before and after a car accident
  • Britain will leave EU on March 29
  • Mortgage applications rise over 20% as rates drop
  • Sears gets a lifeline, one last shot at survival
  • Biggest engine ever to power Boeing’s biggest jet
  • Dish Network Chair Charlie Ergen in 5G hot water with FCC
  • Cowboys owner Jerry Jones’ $250M yacht has a helipad and spa
  • Government shutdown: Trump giving best effort to ‘minimize’ impact, Sarah Sanders says
  • 5G wireless spectrum expected to roll out in 2019 and 2020
  • Top Trump official to pharmaceutical industry: President won’t stop until drug prices drop

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

9MarketIndicatorsYahooFinance1.9.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.9.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

 

WhyDidStocksTankDecember2018PlusManufacturedHomeStockMarketUpdates

Most manufactured housing industry track stocks rose today, as a look at the Bloomberg closing ticker on our evening market report reflects.

The question has been asked for weeks, what was behind the market sell-off in the final quarter of 2018 – notably in December? Here are some views on that subject from CNBC.

  • First, on the upside, the 2017 tax cut ‘was not a sugar high,’ says one of the CNBC panelists, who says he doesn’t see a reason to fear recession until at least 2021 or 2022.
  • In recent days, Apple, Constellation Brands, Lennar and Samsung have lowered financial forecasts.
  • For the fourth quarter, 72 S&P 500 companies have issued earnings warnings, twice as many as have issued positive guidance, according to FactSet.
  • Analysts are now looking for single-digit earnings growth for the next three quarters of this year.

 

The Fed is expected to be less aggressive this year too, as the latest meeting minutes and other indicators suggest.

 

 

Volatility is still expected, is a common view, but that will be due in part to global and political concerns.  The U.S. economy, as MHProNews has reported for months, is still looking sound.

Related Reports:

Surprising Discovery on Manufactured Housing’s Enhanced Preemption, Hidden Gem$

Allianz’s Mohamed El-Erian Says Globe Slowing, but U.S. “Very Good Place” Economically, Plus MH Market Updates

 

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).

 

1.9.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

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(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.

Chinese Buyers Compete With U.S. Buyers for American Housing, Plus MH Markets Updates

January 8th, 2019 No comments

CNNmoney1.8.2019ManufacturedHomeStocksMarketsReportsMHProNewsMarkets closed up again today, the first 3 consecutive days of increases on the Dow since November, 2018. In the mix of noteworthy reports this evening for manufactured housing investors and professionals in this item, that even with the trade battle, Chinese are still the #1 foreign buyers of U.S. housing.  That means competition for existing homes.  But is it a market that manufactured housing will tap successfully?

 

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.

 

FoxCNNBloombergCNBCLeftRightMEdiaDivideManufacturedHousingIndustryNews

Select bullets from CNN Money…

  • Gold gains while stocks sag
  • Precious metals always do well when investors are nervous — and right now, they’re nervous
  • Consumers may be the biggest risk to the stock market
  • The future of beauty is on display at CES
  • Why Larry Summers thinks a recession could be coming
  • Slowdown arrives at precisely the worst time for GE
  • Amazon passes Microsoft to become the world’s most valuable company
  • Samsung warns its profit could plunge
  • How the shutdown could affect the January jobs report
  • Trump’s border address sparks debate inside and outside TV networks
  • He wanted to make brushing teeth more enjoyable. So he invented Quip
  • Perfect seats and room service robots: This tech is transforming business travel
  • There are fewer gig jobs than you think
  • Etsy CEO on 3 ways Congress can fix the gig economy
  • When your dream job turns out to be a nightmare
  • Meet the invisible workers of Silicon Valley
  • Lyft files confidential plans for an IPO
  • The meatless burger for meat lovers
  • LG says these are the TVs of the future
  • What you’ll see less of at CES this year: Chinese vendors
  • This vending machine bakes bread all by itself
  • Ford wants its cars to ‘talk’ with traffic lights and pedestrians

Select Bullets from Fox Business

  • Stocks post another day of gains on hope for China trade deal
  • Sears gets a lifeline, one last shot at survival
  • Why Ocasio-Cortez’s 70% ‘soak-the-rich’ tax may fail
  • Top government officials scrap CES over shutdown
  • What happens if PG&E goes bankrupt?
  • Dem lawmaker works to save tax break for rich constituents: Varney
  • Cowboys owner Jerry Jones’ $250M yacht has a helipad and spa
  • States where high earners face the highest taxes
  • Why Trump can’t declare national emergency to build border wall
  • Warren Buffett predicted Sears’ downfall over a decade ago
  • TSA: Shutdown may lead to ‘massive’ security risks at airports
  • Opinion: Five simple ways to save money in 2019
  • Is Disneyland repeating Apple’s mistake by raising prices?
  • Biggest engine ever to power Boeing’s biggest jet
  • Tesla Model Y: What we know so far
  • Top 5 highest-yielding CDs right now
  • Alexandria Ocasio-Cortez should avoid this ‘bad habit,’ according to Mark Cuban
  • Mattel announces ‘Barbie’ movie starring Margot Robbie
  • JPMorgan Chase’s Dimon says partisan politics are getting in the way
  • Job openings fall to five-month low – but there’s still plenty to go around
  • These are the best jobs for 2019: Report
  • Carl Icahn reportedly exits Dollar Tree stake
  • Boeing delivered a record number of jets in 2018
  • Larry Ellison discloses $1B stake in Tesla
  • Amazon snags most valuable US company for first time
  • Eagles fans Venmo Bears kicker Cody Parkey after missed field goal
  • Vanguard’s index funds: A history of evolution for investors
  • Fed nominee Nellie Liang withdraws board nomination
  • US needs to dominate 5G, AI
  • As CES 2019 prepares to kick off, these are the top critical issues facing U.S. tech.
  • California’s Gavin Newsom may be good for politics, but not so much for business
  • Opinion – 10 business techs for entrepreneurs at CES 2019
  • JPMorgan Chase CEO Jamie Dimon: Tight credit market not a concern
  • Trump plans prime-time address, visit to Mexico border

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

1.8.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.8.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

ChineseInvestmentsUSHousingGrowsChineseBuyersCOmpetewithAmericansPlusMHMarketUpdates

The National Association and CNBC reports this evening that Chinese buyers are expanding their reach in the U.S. housing market, as middle class home buyers, with numbers seeking financing, are getting in on the act.

  • For 6 straight years, Chinese buyers have been the top foreign buyers in both units and dollar volume of residential housing, according to the National Association of Realtors ™ (NAR), and now they expanding to new, lower-price tiers.
  • More middle-class Chinese buyers are searching for lower-priced homes and they are using mortgages much more often, said the NAR.
  • While California is still the favorite among Chinese buyers, they’re moving into other markets, such as Texas, Georgia, and Florida.

 

  • Chinese consumers may have soured on some American products, like iPhones, but they have only sweetened on U.S. residential real estate,” said CNBC.

According the Wikipedia, about 5.6 percent of those in the U.S. are Asian Americans. But Foremost research reflects that only about 1 percent of manufactured home owners are Asian in origin.

USDemographicMapByEthnicGroupAsiansDaliyBusinessNewsMHproNews

This is one of several barriers of acceptance that the manufactured housing industry has not yet generally addressed, as the data reflects.

ForemostManufacturedHousingOwnersByEthnicGroupDailyBusinessNewsMHProNews

For more manufactured housing research, and related market insights, click on one or more of the related report text/image boxes, linked below.

Market Related Reports:

Allianz’s Mohamed El-Erian Says Globe Slowing, but U.S. “Very Good Place” Economically, Plus MH Market Updates

New Report – More Americans Think Bad Time to Buy, Rentals Soar. Manufactured Housing, Opportunities, Takeaways?

Insider Trade During SEC Mandated ‘Quiet Period’ at Legacy Housing Corp

Jobs Blowout, Fed Comments, Markets Leap, Plus MH Markets Mostly Rise, Update$

 

 

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).

1.8.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.”

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

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