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Posts Tagged ‘CVCO’

Capitalism vs. Socialism Town Hall Discussion, Plus Manufactured Housing Equities Updates

May 20th, 2019 No comments

CNNmone5.20.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere are stock watchers that think that the current runoff has hit bottom today.  Time will tell.  But there is a lot of red on the major markets and on manufactured home connected stocks this evening.  Not huge drops, but a slide, nevertheless.  That said, our feature tonight is the antithesis, in some ways, of the stock market.  It’s a townhall style discussion and debate of socialism vs. capitalism. As a recent survey suggests that as many as 47 percent of Americans would vote for a ‘qualified’ socialist candidate, let’s dive in, further below.

 

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.

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Grocery wars continue
  • Watch out, Aldi. Lidl will open 25 new US supermarkets over the next year
  • Sprint and T-Mobile merger may be back on track after FCC hints it will bless the deal
  • Sprint soars after FCC chairman backs T-Mobile deal
  • LIVE UPDATES US markets close lower; Nasdaq falls 1.5%
  • Huawei’s bid to become the world’s top smartphone brand is in danger
  • Deutsche Bank employees reported suspicious activity from Trump and Kushner, New York Times reports
  • The yuan has fallen near crisis-era levels. What China does about it will shape the trade war
  • PERSPECTIVES The US-China trade war hurts American families
  • The president gripes about Fox’s news anchors, showing his disregard for journalism
  • Innovative companies are trouncing the rest of the market
  • Toyota says Trump auto proclamation signals the carmaker isn’t welcome in the US
  • 40 years ago, he built a recording studio in a VW bus. Today, he runs a $725 million music empire
  • Apple’s Tim Cook says his generation failed on climate change
  • A Ford logo is seen at the Philadelphia Auto Show, Friday, Feb. 1, 2019, in Philadelphia.
  • Ford will cut 7,000 workers worldwide
  • ‘Game of Thrones’ finale sets new viewership record
  • Product photography of the Google Glass wearable.
  • Google Glass lives on in the workplace. The latest pair costs $999
  • Little Caesars tests an Impossible pizza
  • Tim Hortons adds Beyond Meat sausages to its menu
  • McDonald’s joins the meatless burger trend in one of its biggest markets
  • Burger King is bringing the Impossible Whopper to three new cities
  • The meatless burger revolution is just getting started
  • 20190516-ceo-seat-position
  • Where the CEO sits matters
  • How to handle a slacker at work
  • A company where everyone works from home. Here’s how to make it work
  • Your boss’ bad mood really does affect the rest of the office
  • What male CEOs are wearing

Select Bullets from Fox Business

  • China tariffs: Nike, Adidas among 170 footwear retailers urging Trump to end ‘catastrophic’ plan
  • WATCH: Brennan may have set his own perjury trap: Judge Napolitano
  • FCC head endorses T-Mobile, Sprint merger
  • What ‘Game of Thrones’ finale means for HBO’s future
  • Californians ‘very stretched economically,’ significant numbers fleeing: survey
  • Chick-fil-A brings back popular menu item after ‘pent-up demand’
  • Iconic American powerhouse pardoned from steel tariffs
  • Georgia’s ‘heartbeat’ bill could hurt economy as stars vow to boycott state if legislation goes into effect
  • Tesla stock drops amid concerns over Model 3 demand, Musk’s cost-cutting efforts
  • Amazon a winner as Supreme Court sides with Post Office on package delivery prices
  • Ford layoffs hit 7,000 jobs worldwide, hundreds in US
  • Highest — and lowest — property taxes in the US: Find out where your state stands
  • Trump slams report claiming Deutsche Bank employees spotted suspicious activity: ‘I didn’t need money’
  • Oil spikes as OPEC signals ongoing cuts amid rising Iran-US tensions
  • These are the major US cities retirees are fleeing
  • Whole Foods to drop plastic straws from all US, UK, Canada stores by July 2019
  • CBD industry meets sports: Indy 500 to feature landmark sponsorship deal
  • Social Security COLA for 2020: What to know now
  • High school sprinter accepts New Orleans Saints star’s $10K race challenge
  • Billionaires’, stars’ and icons’ big secret to channeling success
  • Patriotic entrepreneur uses old US military uniforms to design accessories
  • Trish Regan: AG Barr must find out why intel chiefs shared unverified dossier
  • Hey, Democrats, look what just happened in Australia: Varney
  • China won’t take Trump’s Huawei ban lying down

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

9MarketIndicatorsYahooFinance5.20.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

 

CapitalismVsSocialismTownHallDiscussionManfuacturedHousingEquitiesStockMarketUpdates

As a disclosure we are believers in ethical free enterprise, but there are millions today who are buying into socialism.  There is no easy way to engage a group when there is no back-and-forth discussion.

So, this video gives 2 advocates for socialism and two for capitalism, moderated by Charles Payne of Fox Business, who tilts towards business.

There are clever arguments on either side.

 

 

One has to ignore the experiences of Cuba, Venezuela, North Korea, or the 70 years of failure in the former Soviet Union to buy into socialism.  The author taking the socialist view makes the case that China is an example of a socialist economy.  Really?  Wasn’t that western capital that raced into China decades ago that boosted their economy?

There are several Democratic candidates who have embraced a more leftist view, with Joe Biden among those who are trying to appease the left, while remaining more centrist sounding.  The point is that this will be a debate in the next 18 months, in the run-up to 2020.  Buckle up.

At least during the first part of this town hall, the kind of sobering facts linked below were not cited.  If you have a socialist in the office, why not encourage them to read up?  Be willing to answer their questions.

The closing point, before linking some prior reports on this topic is this.  A common concern among those who ‘buy into’ socialism is the uber-rich, think Warren Buffett.  Check out the conquest capitalism topic, linked below and the one that follows it if you haven’t already.   Its important to make the distinction between capitalism and free enterprise.

Related Reports:

Socialism vs. Free Enterprise, 2020, and Increasing Interest in U.S. Socialist Candidates, Policies

“Feeling the Bern” – Love or Hate Sanders, Take Him Seriously – plus MH Stock Market Updates

Howard Schultz, Potential Independent Presidential Candidate, Former Starbucks CEO, Blasts AOC, Senators Warren & Harris Plans, Plus MH Market Updates

Game On: “Socialism is About Power, not Equality,” Space Force, and Battle for Manufactured Housing Independence

“Death by Government,” Fascism, Communism, Socialism, ‘Big Brother,’ per Williams, Rummel and Owens

Troubling New Study Reveals a Millennial Trend, Business, Economic, Political Impact 

Influencing the Socialists in Your Office, the Best Way Out of Poverty

Conquest Capitalism – Thoughts of Chairman Warren Buffett – Billionaires Campaign to Control Trillion Dollar Affordable Housing Market

 

 

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).

5.20.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

Facebook CEO Sheryl Sandberg Discusses Antitrust Breaking Up, What Kevin Clayton, Joe Stegmayer, MHI Can Learn, plus Manufactured Home Market Updates

May 17th, 2019 No comments

CNNmone5.17.2019ManufacturedHomeStocksMarketsReportsMHProNewsBrookfield, Blackstone, ELS, and Sun Communities are all near the peak value of their stocks for the last year.  It’s an interesting backdrop to a day when the major markets and many other manufactured home industry connected stocks have fallen. That noted, our focus tonight is Facebook CEO Sheryl Sandberg’s one on one interview, where she tried to make the case why their company should not be broken up. That will be our focus this evening, viewed through the lens of what she could teach manufactured housing’s ‘powers that be.’

 

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…

  • Luckin jolts Wall Street
  • Starbucks’ big rival in China soared nearly 50% in its market debut
  • Luckin Coffee CFO says technology will help it quickly become profitable
  • LIVE UPDATES US markets close lower, snapping three-day winning streak
  • Quickly catch up on today’s business news
  • Haven, the Amazon-Berkshire-JPMorgan health care company, has already lost its No. 2 executive
  • Losing Huawei as a customer could cost US tech companies $11 billion
  • Minecraft AR game could be the next Pokémon GO phenomenon
  • John Deere’s stock dented by trade war fears
  • Why selling in May and going away is a silly thing to do
  • The WhatsApp attack didn’t target you. But here’s why you should still care
  • Goldman Sachs makes biggest acquisition in nearly 20 years
  • Pinterest stock falls 15% after revealing bigger loss than expected
  • Baidu posts its first loss in 15 years
  • The ‘Jurassic Park’ computer company just got sold for $1.3 billion
  • Samsung’s first 5G phone is out for Verizon customers
  • Grumpy Cat found quick success. Other celebrity pets might have it harder
  • In recent years, Aldi has expanded its produce and organic offerings to draw in more customers.
  • SPECIAL REPORT A cheap, brutally efficient chain is reshaping the American grocery industry
  • EXCLUSIVE Bernie Sanders: Banks have been ripping off Americans for too long. I have a plan to end it
  • Electric and self-driving cars are still a good investment
  • This startup is planning a flying taxi service
  • This 26-ton truck is driving itself on Sweden’s public roads
  • See Boeing’s autonomous flying car take flight
  • Self-driving cars are now on the streets of Hamburg
  • Fiverr, another gig-economy startup, files to go public
  • WeWork parent company continues spending spree
  • Here is what Uber needs to do to win over Wall Street
  • Analyst: Uber is at beginning of its growth in US
  • The TJMaxx of supermarkets is going public

Select Bullets from Fox Business

  • Stocks fall in choppy session, despite trade progress
  • US, Canada, Mexico lift steel, aluminum tariffs pressuring China
  • What is Pete Buttigieg’s net worth?
  • Ocasio-Cortez makes Bible joke to peddle interest rate cap bill
  • Chicago becomes first major city to collect ‘Netflix tax’
  • Social Security COLA for 2020: What to know now
  • In-N-Out Burger managers’ salaries ‘eons above’ competitors: How popular fast food chains compare
  • These are the major US cities retirees are fleeing
  • Meet Gary and Mary West: Kentucky Derby lawsuit looms over Preakness Stakes
  • How much was Grumpy Cat worth?
  • Queen Elizabeth is hiring a social media manager — here’s how much it pays
  • ‘Game of Thrones’ finale: 10.7M Americans to skip work Monday
  • San Diego offering courses with no upfront costs, as a student loan alternative
  • Ex-MillerCoors vice president sentenced to prison over fraud charges
  • Top 10 best and worst US states for economy
  • Bayer to reportedly appeal $2B Roundup ruling with preemption argument
  • Memorial Day weekend expected to have nearly 43M American travelers
  • Barr will expose Brennan, Comey blame game, former federal prosecutor says

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

9MarketIndicatorsYahooFinance5.17.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

FacebookCEOSherylSandbergDiscussesAntitrutBreakingupWhatKevinClaytonJoeStegmayerMHICanLearnPlusMHMarketUpdates

Before we turn to Sandberg’s interview, let’s draw a parallel between what she has done, and what Kevin Clayton, Joe Stegmayer or Clayton Homes have – or more to the point, have not – done.

For some years, MHProNews – politely at first, and mostly behind the scenes for some time – raised concerns about how the Manufactured Housing Institute (MHI) was being operated.  That Arlington, VA based trade group claims to be representing the interests of all segments of manufactured housing.  But they ducked third-party accountability. They gave arguably false or misleading information to their own members.

For a time, there was give and take, back and forth, question and answers.  But as the answers were proven to be false, misleading, or deceptive too, MHI’s staff ‘leaders’ finally stopped answering MHProNews, after years of answering promptly. That in hindsight should be a red flag.

Instead of dealing with concerns about false or misleading information being given to members by MHI, then MHI Chairman Tim Williams defended MHI President and CEO Richard ‘Dick’ Jennison via a staged ‘vote of confidence.’ Where was the investigation?  Where was the accountability?  That made the concerns more urgent, not less so.  It also had the impact of pointing to Berkshire Hathaway involvement, because Williams was and is President and CEO of Berkshire Hathaway owned 21st Mortgage Corp.

For some three years, MHProNews invited MHI and/or the Berkshire brands to publicly discuss the issues that began with Preserving Access but spread to other topics.

  • Dick Jennison cancelled his own address to the industry in Louisville in 2018, shortly before the meeting, in an apparent move to avoid 12 questions from the audience provided by MHProNews.
  • At Deadwood, MHProNews publisher L. A. ‘Tony’ Kovach asked MHI Vice President and General Counsel Rick Robinson a question, which he declined answering in public, in front of dozens of industry professionals who witnessed it.

RickRobinsonManufacturedHousingInstituteMHIDailyBuisnessNewsMHProNews

While Tim Williams and Kevin Clayton used to reply promptly to MHProNews inquires – as did Joe Stegmayer, Nathan Smith, or other MHI corporate leaders – as if on cue, about 2 years ago, they all stopped doing so.  Silence is a constitutionally protected right.  We respect their right to remain silent.

But their silence – in the face of serious concerns, evidence, and allegations – raises more questions, not less.

Their silence must be seen in the following light. They have not one, not two, but three different attorneys directly or indirectly connected to MHI send threatening ‘cease and desist’ style letters/messages to MHProNews.  Which begs the question, what are they hiding from?

Manufactured housing industry investors who grasp what is arguably occurring ought to be outraged. The industry is underperforming during an affordable housing crisis.  It is interesting to note that two HUD Code manufactured home producers that are publicly traded are witnessing their stocks trading lower than they were some 6 months ago.  The ones that are trading marginally up or higher yet are those who are bucking the trends that the so-called MHI leader firms set.  Interesting?

Cavco Industries Announces Latest Executive Level Changes

Yes, but picture those investors in the firms that have declined in value.

Skyline Champion (SKY) Hedge Fund Dumps Shares, Value Declines

 

While community stocks connected to MHI member firms are not yet impacted, that doesn’t mean that they won’t be.

On the plus side, MH Communities enjoy a far more recession or market resistant business model. But when communities are ordering homes mostly for rental than sale, that should furrow brows.  While rental manufactured homes can be quite profitable, it fails to address the underlying question.  Why aren’t more manufactured homes being sold?

When rental orders going into manufactured home communities are factored out, MHIndustry HUD Code producers – in MHI, MHARR or independent of either of those national trade groups – have told MHProNews that the overall sales of HUD Code manufactured homes remains near flat.

Some states have declined, others have grown, but the national average is a lower growth rate than the data suggests.  Thus, the reports linked below.

 

Manufactured Home Community Case Study, UMH Properties, Lessons for Independent Community Owners, Investors

What the Manufactured Housing Institute (MHI) Said About March 2019 Shipment and Production Data

Declining Manufactured Home Shipments More Serious Than Retailers, Communities Being Told

 

To sum up the tee up of the Sandberg interview, Manufactured Housing industry ‘leaders’ like Kevin Clayton, Tim Williams, Joe Stegmayer, Richard ‘Dick’ Jennison, or Lesli Gooch would be wise to sit down for a video discussion with MHProNews’ L. A. ‘Tony’ Kovach. If the powers that be in MHVille are right, they have nothing to hide.  If they are wrong, then that may explain why they continue to duck, run, hide, and play arguably diversionary games.

 

Now, let’s pivot to Sandberg.

The interview shows Sandberg’s responses. If there were hard-hitting follow up questions, they are not shown in this interview.

But at least Sandberg made her case publicly. Per CNBC:

  • Sandberg said breaking up Facebook does not address the underlying issues people have with tech companies.
  • “You could break us up, you could break other tech companies up, but you actually don’t address the underlying issues people are concerned about,” Sandberg said.
  • While there is talk of breaking up Facebook, Sandberg highlighted that China’s own tech companies will not be broken up.


While people are concerned with the size and power of tech companies, there’s also a concern in the United States with the size and power of Chinese companies, and the realization that those companies are not going to be broken up,” Sandberg said.

Sandberg argued that most people are concerned about election security, content, privacy and data portability. Sandberg noted that every one of Facebook’s engineering and product teams now have their own safety and security functions focused on people’s privacy.

We know at Facebook we have a real possibility to do better and earn back people’s trust,” she said.

That could be described as a debater’s dodge, because there are also concerns from conservative and others that Facebook and the tech giants are censoring content, and are politically biased.

See related reports, linked below.

Antitrust Heats Up With Supreme Court Ruling, Monopolization Legal Experts Weigh In, Clayton-Related Comment Connection

Prior Facebook Insiders Among Harshest FB Critics, “Break Them Up” – 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).

5.17.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

 

Prior Facebook Insiders Among Harshest FB Critics, “Break Them Up” – plus MH Market Updates

Earning a Six Figure American Dream, on 10 Hours Weekly – plus Manufactured Housing Stock Updates

May 16th, 2019 No comments

CNNmone5.16.2019ManufacturedHomeStocksMarketsReportsMHProNewsLet’s file tonight’s feature under ‘just for fun’ with a purpose.  Tonight’s short video provides tiny sense of why the American Dream is still attainable. On a good day for the markets, keep in mind that this isn’t something you could do in a truly socialist country.

 

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 trade war just got worse
  • Blacklisting Huawei takes the US-China dispute to a dangerous new level
  • Huawei: ‘All options are on the table’
  • Walmart says it will raise prices because of tariffs
  • Goldman Sachs makes biggest acquisition in nearly 20 years
  • LIVE UPDATES Dow up 300 points at midday
  • This startup is planning a flying taxi service that costs about the same as normal taxis
  • Discount chain Fred’s is closing 104 more stores
  • Facebook says Israeli company used fake accounts to target African elections
  • SpaceX will launch its first 60 satellites to deliver internet from space
  • Taco Bell is taking over a hotel. Here’s why
  • Tesla is hurting but electric and self-driving cars are still a good investment
  • Boeing has a ‘crisis of confidence.’ It’s time for the board to step up
  • Warren Buffett just revealed he has a $900 million stake in Amazon
  • The internet didn’t shrink 6% real estate commissions. This lawsuit might
  • Half of us find our new home online. Why pay Realtors?
  • Silicon Valley’s real estate market is finally cooling off. Sort of
  • The right way to invest in real estate
  • The secret market of private real estate listings
  • Virtual kidnappings are rattling families across the US
  • San Francisco just banned facial-recognition technology
  • The fight to stay ahead of deepfake videos before the 2020 US election
  • The future of robocalls: Numbers and voices you know
  • Why we’re still years away from a robocall-free future

Select Bullets from Fox Business

  • Stocks pop on Cisco, Walmart earnings as trade fears fade
  • California high-speed rail loses $929M in federal funds over ‘critical failures’
  • Most expensive US infrastructure projects
  • Top 20 fastest-growing retailers in the world
  • Details sparse on new Trump order on telecom firms but ramifications huge
  • China sells most US Treasurys since October ’16
  • The ramifications of Trump’s latest executive order are huge: What to know
  • $100G annual salary goes furthest in this US city, study claims
  • These college internships pay nearly double what average US employees make
  • Texas Senate passes revived ‘Save Chick-fil-A’ bill as deadline looms
  • ‘Big Bang Theory’ made Kaley Cuoco one of the world’s highest-paid actresses: How much she’s worth
  • Walmart says China tariffs will increase prices for US shoppers
  • After AllianceBernstein, Amazon deals, is Nashville the country’s new economic hotspot?
  • IRS could be wasting even more taxpayer dollars than it reports
  • Intuit defends practices amid claims it hid free-filing options from low-income taxpayers
  • FDA ordered to move forward on e-cigarette reviews: report
  • Ariana Grande, other celebrities who were sued for posting paparazzi photos of themselves
  • Sanders can beat Trump in 2020, Cornel West says
  • Trump’s immigration plan: Which industries need high-skilled workers?
  • Town Hall Highlights: Capitalism vs. Socialism
  • Patriotic millionaire: Don’t just tax the rich, tax more of them
  • How progressive capitalism can be the recipe for economic growth and innovation
  • The catastrophic costs of socialist policies

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

9MarketIndicatorsYahooFinance5.16.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

EarningSixFigureAmericanDreamon10HoursWeeklyPlusManufacturedHousingStockUpdatesMHProNews

Still from video posted further below.

The Daily Business News on MHProNews looks at a variety of topics, some of which may not seem at first blush to have much to do with manufactured housing, or factory-built homes.

This is about a family that turned their son’s health issue into a business opportunity.  Working ten hours a week, they earn 6 figures, and spend time together as a family.  They’ve done a lot of traveling.

How does this apply to manufactured homes?  Let’s just paint a simple picture, not for a ten hour a week business perhaps, but for one that would perform far better than what most manufactured home operations are currently achieving.

It starts with a simple premise.  Housing is a necessity. Not many aspire to be one of the over half-a-million of the nation’s tragically homeless.

Too many in our industry have accepted a scarcity mentality. They settle for what they have.  They may ‘wish’ for more but aren’t looking at how that more can be achieved.

Once someone understands the industry’s true dynamics, vs. the picture painted by the Omaha-Knoxville-Arlington axis and their allies, it becomes obvious that with some relatively modest tweaks, a good operation can become a great one that serves many times more customers monthly than they currently do.

The parents in this family in the video was creative.  They literally turned a problem into an opportunity.  That’s the essence of every successful business.  Find a need, fill it. To do so, you don’t have to be the biggest, the cheapest, or whatever.  You just have to find the way to deliver that product or service in a manner that pleases the end user so much, that they want to send their friends.

Every problem the industry faces is an opportunity in disguise, for the reality-based thinker, who is willing to break the mold, marshal the resources and talents need to do things differently than the pack.

Related Reports:

Multibillion Dollar Opportunities Knock in Solving Affordable Housing Crisis

“Out-Performing the Market” Robert Robotti, Value Investing, 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).

5.16.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

Iranian Oil Sanctions Depressed Production, Raised Tensions, Prices – plus Manufactured Housing Stock Updates

May 15th, 2019 No comments

CNNmone5.15.2019ManufacturedHomeStocksMarketsReportsMHProNewsIt’s another day of broadly improving stock prices, clawing back some of the drop earlier in the week tat were driven in part over the U.S. China trade impasse.  So we look tonight at a geo-political hotspot.  With the U.S. sending a carrier back toward the Persian Gulf, B52s repositioned, in the Middle East, and Patriot missiles among the well-publicized moves, let’s see what Kevin Brook had to say about the rising tensions and their impact on oil.

 

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.

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Big Tech’s call to action
  • Facebook, Twitter and others have signed a wide-ranging pledge to combat online extremism
  • A bombshell lawsuit could shrink 6% real estate commissions
  • LIVE UPDATES Stocks close higher for the second day in a row
  • ‘We could talk ourselves into a recession,’ one fed official says
  • Wells Fargo will need the United States’ blessing for its next CEO pick
  • Tim Hortons is adding Beyond Meat sausages to its menu
  • WeWork parent company continues spending spree with big real estate investment
  • Virtual kidnappings are rattling families across the US
  • Vanity Fair editor pushes back on Beto: ‘I mean, he did say it’
  • A truck without a cab and driver takes to the road in Sweden
  • By 2040, more than half of new cars will be electric
  • The new McLaren GT is a supercar designed for comfort and speed
  • Hershey’s is changing the look of its candy bar for the first time in history
  • SpaceX will launch its first 60 satellites to deliver internet from space
  • Abigail Disney tells Congress companies must change the way they ‘practice capitalism’
  • ANALYSIS Why the US-China trade war won’t last
  • Is it safe to own Chinese stocks during the trade war?
  • China is under pressure to boost its economy as the trade war escalates
  • China trade war: Don’t bank on a rate cut unless things get really bad. Like bear market bad
  • US exporters scramble to figure out new tariffs
  • The trade war is coming at a terrible time for Boeing
  • The 737 Max does not appear close to flying again
  • Boeing reported zero new orders for jets in April
  • Tour company will be out millions without clarity on 737 Max

Select Bullets from Fox Business

  • Warren bashes OCC’s Otting over Wells Fargo CEO search oversight
  • AOC rips corporate stock buybacks, compares to a pyramid scheme
  • Stanley Black & Decker investing $90M to shift more Craftsman production back to US
  • Beyond Meat shares pop as another restaurant chain jumps on plant-based meat bandwagon
  • New York, California get ‘aggressive’ when residents try to flee high taxes
  • China’s economy lost momentum, even before Trump’s new tariffs
  • Steak ‘n Shake CEO says this 1 change to chain’s signature milkshakes could save $1M a year: report
  • Chuck Grassley slams Pentagon waste: A look at the outrageous purchases[overlay type]
  • Chuck Grassley slams Pentagon waste: A look at the outrageous purchases
  • Zion Williamson’s salary: How much the NBA rookie could earn
  • Melinda Gates reveals what she and husband Bill Gates do together to unwind
  • George Clooney says Arnold Schwarzenegger was paid ’20 times more’ for 1997’s ‘Batman & Robin’
  • New Orleans Pelicans season ticket sales surge after NBA Draft Lottery
  • Britney Spears considers canceling Las Vegas residency: How much money she could lose
  • Washington clinches top ranking in ‘best states’ 2019 list: report
  • California made $71M worth of unallowable Medicaid payments to dead people
  • Disney heiress slams bloated corporate pay: ‘It is simply unacceptable’
  • Adam Schiff lied and he needs to be held accountable: Judicial Watch’s Tom Fitton
  • How to stop pesky robocalls and texts to your cell phone

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

9MarketIndicatorsYahooFinance5.15.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

 

IranianOilSanctionsDepressedProductionRaisedTensionsPricesPlusManufacturedHousingStockUpdates

Oil impacts manufactured housing transport and other prices in the supply chain.  But more important than the cost of oil are threats to the energy markets that concerns of Iranian-backed sabotage, terror, and other belligerent or provocative moves represents.

As a Tehran-born immigrant, happy to be in the U.S., but concerned over what is happening in Iran – this issue is personal as well as professional.  More on that in the linked reports.

That said, here’s Fox Business’ interview with

ClearView Energy managing partner Kevin Book on the rising tensions between the United States and Iran.

 

 

Calls from Iran reflect a significant number of Iranians view CNN’s overseas broadcasts.  Where is the modern version of Voice of America for Iran?

Related Reports:

“You Made Me, Promises, Promises…” Historic Iranian, American Lessons in Freedom

Ramadan 2019, Faith, Fear, Drama – plus Manufactured Housing Market Updates

Stocks Rise Amid Trade Tiffs, Iran Sanctions Take Effect, 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).

5.15.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.”

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.

 

Tariffs “…Will Effect Demand,” says Kevin Clayton, Answers CNBC’s Monopoly Question – Video – plus Manufactured Housing Market Updates

May 14th, 2019 No comments

CNNmone5.14.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe timing of our reports at times may seem prescient to those who follow them closely.  Sometimes, that is due to news tips. But the truth is that there are other times that the small, quiet, inner voice often whispers which topic to pick when – and that voice turns out to be right. On a day when the markets rebounded, Kevin Clayton, tariffs, and affordable housing are front and center in our featured report 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.

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Uber has a lot to prove
  • An Uber banner is displayed on the facade of the New York Stock Exchange on Friday, May 10.
  • The company needs to win over Wall Street after its dismal debut
  • LIVE UPDATES Stocks close higher, Dow climbs 207 points
  • Despite the trade war, the US is still the best place to put your money
  • ANALYSIS Why the US-China trade war won’t last
  • The $35,000 Model 3 is no more. Tesla raises prices slightly
  • Uber has gotten no help from the stock market
  • Boeing reported zero new orders for jets in April
  • Bayer rocked by record $2 billion Roundup verdict
  • Who is NSO, the company tied to the WhatsApp security breach?
  • Senators question how to roll out 5G without Chinese technology
  • China is going easy on American oil (for now). Here’s why
  • ESPN and sports media are betting on gambling content
  • Jimmy Kimmel signs new three-year deal at ABC
  • The cable network that is Foxier than Fox — and that Trump is promoting
  • These workers were paid to move to Vermont and work from home
  • The TJMaxx of supermarkets is going public
  • Disney is taking full control of Hulu
  • Way more CEOs are Republicans than Democrats. Here’s the proof
  • Dollar General built an empire on no-frills stores. Now it’s going high tech
  • Walmart is rolling out next-day delivery
  • Kohl’s won over moms. Now it’s going after Millennials
  • Lord & Taylor may go up for sale
  • Amazon’s new Go store in New York will be its first to accept cash
  • A new James Bond Aston Martin for $3.5 million – battering rams included
  • The most popular Porsche is going electric
  • Aston Martin unveils its first electric car
  • Behind the wheel with Ferrari’s top test driver
  • This Bugatti is the most expensive new car ever sold

Select Bullets from Fox Business

  • President Trump’s tariffs, explained: Who really pays them?
  • China looks to retaliate against US. Here’s how it could
  • Bayer now facing 13,400 lawsuits over Roundup cancer risk after three jury losses
  • US stocks higher after big sell-off
  • Saudi Arabia oil pipeline attacked by drones
  • Best and worst US cities to live for Americans trying to save money
  • Worst airport in US has been named
  • China must live by international trade laws, Sen. Chuck Grassley says
  • Ocasio-Cortez, Sanders want your Post Office to double as a bank
  • Costco store managers’ ‘surprising’ 6-figure salaries revealed
  • WATCH: Ocasio-Cortez, Sanders don’t understand socialism: Mark Cuban
  • ‘Bachelorette’ Hannah B could double her annual salary with new reality TV role
  • NBA players, pro athletes face mounting tax bills
  • coli outbreak linked to ground beef infects 196 people, CDC says
  • Top 15 most disruptive office distractions, according to 5,000 employees
  • Alice Rivlin, former OMB director during Clinton administration, dead at 88
  • Financial responsibility begins at home, Chris Hogan says
  • Papadopoulos urges Trump to uncover if Comey, Brennan prompted spying
  • These are the best cities for recent college grads to work and live, study says

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

9MarketIndicatorsYahooFinance5.14.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

 

 

TariffsWillEffectDemandSaysKevinClaytonAnswersCNBCsMonopolyQuestionVideoPlusManufacturedHousingMarketUpdatesMHProNews

Everyone, including us [Clayton Homes], is trying to get pricing down to help solve this affordable housing issue,” said Kevin Clayton during the video interview with left-of-center CNBC.

Diana Olick at CNBC asked what might be one of the best mainstream media questions put to Kevin Clayton in some time. Ticking through a list of some of Berkshire Hathaway’s varied investments in the housing market, Olick asked Clayton – “Is this his [Warren Buffett’s] master plan to own every aspect of the U.S. Housing Market?”

Clayton answered by saying, “You know Charlie [Munger] is a huge builder, designer, architect – he has always loved us from the beginning and so has Warren. We are so blessed to have the capital and the 100 plus year vision.” That’s not a denial of her question about the monopolization of the housing industry, although the time line may be an understatement.

Given that Clayton has gone from 13 percent of the HUD Code manufactured housing production in 2003, to some 48 to 50 percent market-share, depending on what data-source one refers to for their 2018 market share. Back to the CNBC interview…

Right now, our whole goal is to make, you know, attainable home ownership available to more people. Democratization of home ownership. They [Buffett and Munger] love that.”

The video interview is posted below.

 

 

That video should be viewed through the lens of at least these reports.  The first contains a link to another Kevin Clayton video, which provides a more comprehensive look at the Buffett-Berkshire “Moat” stratagem that Clayton’s response alludes to, see the linked report below.

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

In a series of direct quotes in context, a document from 21st Mortgage signed by Tim Williams, and video recorded comments by Kevin Clayton, these all line up to demonstrate how independent retailers, communities, and producers – among others – where purportedly harmed by action that could be deemed an antitrust violation.  See the document, quotes, and Kevin Clayton video at this link here

The next is the report today, which looks at the issue of manufactured housing’s slump, and what the Clayton dominated Manufactured Housing Institute, led by former Clayton division president Joe Stegmayer and company have been doing about this so-called effort to make home ownership more available.

Joe Stegmayer, George F. Allen, Manufactured Housing Institute Slogans, Slump, Slurs, Solutions

Finally, there is a hub report that takes a deeper dive into Clayton Homes since the Berkshire acquisition.

Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance – Investor Lessons Learned

Finally, MHProNews looked at the tariffs and manufactured housing issue in the related report linked below.

Related Report:

Higher China Tariffs “Hits Home,” Building Impacts Ahead, Per NAHB

 

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).

5.14.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

Joe Stegmayer, George F. Allen, Manufactured Housing Institute Slogans, Slump, Slurs, Solutions

May 14th, 2019 No comments

 

JoeStegmayerPhotoCavcoIndustriesLogoManufacturedHousingInstituteLogoChairmanGeorgeFAllenPhotoSlogansSlumpSlursSolutionsMHProNews

Photo at left is a still from a YouTube video, posted further below.

The manufactured housing industry is now 7 months into a slump – a downturn. How is that possible, during an affordable housing crisis?  Is it incompetence?  Or something else?

 

While controversial himself in mainstream media reports for a variety of reasons, prominent Manufactured Housing Institute (MHI) member Frank Rolfe is on record for calling out prior MHI Chairman Nathan Smith and the association for “hypocrisy.”

FrankRolfeMHIChairmanNathanSmithSSKCommunitiesHypocrisyQuote-MHProNews

Rolfe also accused MHI of failing to promote good news, while failing to defend against bad news.

FrankRolfeMHFundRVHorizonsMobileHomeUniversityDailyBusinessNewsManufacturedHomeIndustryResearchReportsDataAnalysisMHProNews595

The phrase ‘the industry’ is often a euphemism for MHI. While the two are obviously distinct, given that MHI is the industry’s umbrella association and larger than its rivals, there are reasons that phrase is used.

 

Despite his own controversies, did Rolfe make valid points in the quotes cited above?

Let’s look.

A recap of Nathan Smith, partner in SSK Communities, and their media and legal woes are linked below. It includes numerous mainstream media video reports, which underscored Rolfe’s first point.

 

Nathan Smith, SSK Communities, Manufactured Housing Institute Leader, Profitably Correcting the Record

 

The recent, useful – and largely favorable comments to the manufactured home industry in general – made by HUD Secretary Ben Carson in a speech last week  are of this morning at the date and time shown still not posted on MHI’s website. Why not? It is arguably good news for the industry at large. It was made at MHI’s own event.  Secretary Carson is in charge of the agency that has the primary federal oversight for manufactured housing.

Where is the MHI logic in not having a favorable talk spotlighted on their own website?  Again, this evidence makes a point Rolfe claimed about good news not being shared by MHI.

 

HUDSecBenCarsonMHILogowebsiteManufactuerdHousingInstituteLogo2019-05-14_0617MHProNews

 

This oddity begs questions. For example, is it only Rolfe at MHI who has expressed concerns about MHI? Hardly.

Kenny Lipschutz – whose firm is a MHI/National Communities Council (MHI/NCC) member – said the following in an interview with MHProNews.

 

KennyLipschutzHomeFirstCertifiedCommunitiesMHINCCmemberPuzzlesWhyMHIDailyBusinessNewsMHProNews

 

Tom Fath is a partner in his family’s manufactured home community business. The sell new and pre-owned manufactured homes.  Their operations are reportedly doing well. Which makes Fath’s comments all the more striking.

 

TomFathCreatedAnIndustryUnderAssaultQuoteWeSucceedWhenCustomersAreHappyDailyBusinessNewsMHProNEws

This comment was a response to a critique of MHI and their ‘advertorial’ campaign. Fath was arguing that facts and consumer benefits should be stressed, rather than claims that actually undermined the industry’s credibility.

 

Is Fath alone? No.

Current and former MHI members have privately and publicly called out the trade group for being ineffective, for favoritism, for being an oligarchy, or of de facto working to consolidate the industry.

In 2017, state communities associations broke from MHI, saying the planned to form their own trade organization. They have since done so. Their founder explained their break from MHI as follows.

NealTHaneyNAMHCOWhyBreakawayfromManfuacturedHousingInstituteMHI

 

So, there are significant examples of MHI members – past and present – plus other industry business leaders – that have in word and deed voiced published concerns about the state of the industry in general, and often named MHI in particular.

 

 

One More Level

MHI’s current and 2 prior executive committee members, have all faced various troubling legal or problematic business practice allegations.

 

ManufacturedHousingInstituteLogoMHIBoardOfDirectorsLogoMHIExecutiveCommittee

Satirical logo by MHProNews, provided under fair use guidelines.

 

George F. Allen, along with Spencer Roane and Tom Lackey of SECO have had their own mainstream media woes.

 

TylerJettChatanoogaTimesFreePressManufacturedHousingIndustryDailyBusinessNewsMHProNews

Allen and Roane have ‘taught’ selling contract for title at SECO or elsewhere, a practice that the New York Attorney General’s office and others have taken action against. https://www.timesfreepress.com/news/local/story/2018/may/26/industry-members-decline-take-sides-rossville/471775/

 

Allen has been an MHI critic in the past, as these pull quotes from his website remind industry professionals.

ManufacturedHousingIndustryMonopoly-Oligarchy-GeorgeAllen-PostedDailyBusinessNewsManufacturedHousingIndustryMHProNews-

George F.  Allen, has a modest following today, which once used to be a larger following. Once Allen was re-embraced by MHI’s leaders = purportedly to be a surrogate for them to blunt growing industry concerns and criticisms = Allen has muted his prior blasts, and has arguably turned instead at sliming MHI’s critics. 

 

But Allen, who was persona non grata just a few years ago at MHI, has more recently cozied up to and has been re-embraced by the Arlington, VA based association. Joe Stegmayer appeared again at Allen’s annual event in 2018.

 

 

Joe Stegmayer – as MHI’s Chairman – lends to the under-informed a certain credibility to Allen.  Allen in turn has purportedly attacked privately and publicly this publication for holding the industry’s power players to account. But instead of accepting the opportunity to disprove or debate the issues raised, Allen has resorted to slurs and a call to boycott MHProNews.

Allen’s call for a boycott is noteworthy, because it can be an element in antitrust law.  Allen has also used demonstrably flawed claims in a purported effort to slime the Manufactured Housing Association for Regulatory Reform (MHARR), which is trying to address underlying issues, and thereby help the industry return to growth. Attacking a trade group that is honestly and honorably seeking growth during an affordable housing crisis and while the industry is in a slump ought to be common sense.  Thus, Allen’s attacks on MHARR merits its own scrutiny. See that report, via the hot-linked text/image box linked below.  But once more, it also sparks further questions and concerns.

 

George F. Allen’s Unity Call for MHI, MHARR, and National Association of Manufactured Housing Community Owners (NAMHCO) Examined

 

There are evidence-based examples of how MHI leaders have directly and indirectly rewarded Allen and SECO, which he is associated with.

Now MH Village’s co-president, Darren Krolewski – who previously praised MHProNews for taking on the tougher issues – more recently has launched their own trade publication, which is of course their right.

DarrenKrolewskiPraisingMHProNewsDailyBusinessNewsMHProNews

 

MHVillage’s Krolewski dubbed their new publication MHInsider, the first three letters of which spell MHI. They are in fact a prominent supporter of MHI. They have given Allen and SECO a lift via their own platform. Attempt to find an article in MHInsider that is critical of MHI or Clayton Homes. There are better odds of winning the lottery than finding a critique of any MHI or Berkshire Hathaway MH industry company leader, or of those who are the ‘big boys’ at the Arlington, VA based trade group.

Equity LifeStyle Properties (ELS) Howard Walker arguably had a different view on what should be done about good and bad news than what MHInsider- or the flip-flopping George F.(F?) Allen – has taken. The late Walker, JD and longtime vice chairman and a right hand man to Sam Zell, ELS’ chairman, said this.

HowardWalkerPhotoELSViceChairmanManufacturedHomeCOmmunitiesManufacturedHousingInstituteExecCommitteeMemberQuoteTransparencyMHProNews

Thoughtful words, worth pondering. See the story, linked here.

 

While it was before the more recent fact checks, it was after other examples of concerns and issues being raised by MHProNews not found elsewhere in the industry’s trade media. So not unlike the prior comment of praise by Krolewski, Walker said the following for publication.

HowardWalkerJDELSViceChairmanPhotoManufacturedHouisngInstituteMHIExecuitiveCommitteeBoardMemberDailyBUisnessNewsMHProNews

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

 

MHProNews has previously cited the need for good business ethics, quoting the following as an example.

HumanitiesValueBuisnessCriticismDissentWhenGoingAlongGetAlongWhereWhistleblowersDiscouragedBadThingsHappenBusinssesImplodeMarthaCNussbaumPhotoQuote

Design by MHProNews.

 

This publication has also promoted the notion of getting to the root issues of the industry’s challenges, citing Zig Ziglar as follows.

ProblemSolvingZigZiglarFirstStepRecognizetheProblemExistsNextIsProblemOurResponsiblityProblemSolvingVeryImportantDailyBusinessNewsMHProNews

When the industry hit the start of its now 7-month slump, what have MHI’s leaders offered? Let’s look at some examples of ‘slogans vs. solutions.’

Last fall, when the corporate leaders of the trade group arguably knew that the downturn was underway, MHI produced a video promoting the association. The stills that follow are from that video and are provided under fair use guidelines for media.

 

MHIMembersChangingPerceptionOfManufacturedHousingMHILogoClaytonHomesLogoBerkshireHathawayLogoMHProNews

LeveragingCreationNewClassManufacturedHomesMHIDailyBusinessNewsMHProNews

 

The first slogan was a claim of changing the perception of the industry.  If it was for the better, then why aren’t sales growing?

The next MHI claims is one of momentum.  This was clearly not true, unless they meant momentum in reverse?  Instead, what the ‘new class of homes’ project arguably has done is divert lending that ought to be going to all manufactured homes under the Housing and Economic Recovery Act (HERA) of 2008 away from all manufactured homes, to only a few ‘select’ homes.  Here’s how MHARR President and CEO, Mark Weiss, JD, phrased it.

MarkWeissDTSQuoteManufacturedHousingAssocRegulatoryReformMHARRDailyBusinessNewsMHproNews

MHI also claimed in their video to be promoting the industry. That may be true in a technical, fig leaf, or posturing sort of sense. But the lack of growth in manufactured housing shipments itself undermines the credibility of the Arlington, VA based trade group’s claim.

Nevertheless, to prove their point, MHI cited statistics that were wildly arguably misleading at best, or demonstrably deceptive at worst.

 

ManufacturedHousingInstituteLogoMHIVideoStillMHIPromotionalClaims

MHARRshipmentProductionMarch2019ManufacturedHousingReportMHProNews

While MHI in their monthly shipment report doesn’t deny the decline, neither are they addressing the underlying causes, nor have they proposed a remedy via their messages to the industry. Why not?

 

When, MHProNews called out the deception, and offered MHI and their leaders an opportunity to respond, MHI hired an outside attorney who issued a series of letter threatening this publication and specifically mentioned our showing these still video images. Some of the claims that MHI’s outside attorney made are dealt with in a report linked below.

 

Lanham Act, Monopolistic Housing Institute, err, Manufactured Housing Institute, Legal Bullies, and You

 

So instead of offering solutions, MHI has offered slogans. Instead of addressing legitimate concerns, they have threatened this publication that their own leaders have previously praised as being pro-industry.  Perhaps more to the point, as the quote below reveals, their leaders ought to know that they have to address bad news, as Rolfe suggested in the quote cited above.  If they know they should, but fail to do so, what does that say about the trade group?  What concerns does that raise?

TimWilliams21stMortgageCEOthenMHIChairmanGoodArgumentsRefuteEveryStatisticsRespondEveryStoryPBSDIckErnstDailyBusinessNewsmHPronews

 

Such facts puts MHI in an awkward spot, perhaps because MHProNews has cited investor relations reports by publicly trade MHI member companies that also point out the obvious truth that the industry is underperforming.

3ErasMobileHomesManufacturedHomesManufacturedHousingImprovementActEraSkylineChampionShipmentProductionGraphicMHProNews

In 1998, manufactured homes (MH) outsold RVs by some 3 to 2. In 2017, RVs outsold MHs by some 5 to 1. RVs recovered far more quickly from 2008. The facts raise questions. One, is the effectiveness of MHI as the post-production or ‘umbrella’ association in the country. The other question is more sobering. Has Buffett-Berkshire “Moat” strategies kept manufactured home production at historically low levels to allow a few big boy brands to consolidate others at a discounted ‘value’ by MHI insiders?

 

MHLivingNews, NAMHCO, the Manufactured Housing Association for Regulatory Reform for years, even a former MHI president on his exit message have raised concerns about the failures of MHI.

FormerManufacturedHousingInstitutePresidentChrisStinebertManufacturedHomeOwnersUrbanInstituteYouMHLivingNews

https://www.manufacturedhomelivingnews.com/former-manufactured-housing-institute-president-manufactured-home-owners-urban-institute-and-you/

 

What has MHI done in a practical way to address the issues? At their recent Congress and Expo, they offered this slogan – “Let’s Keep Building.”

Slogans coupled with an action plan are fine. But where is MHI’s action plan? After all, they claim themselves to represent the interests of all segments of the industry, per the following from their website this morning. The commentary in the blue boxes are by MHProNews.

ManufacturedHousingInstituteMHILogoPhotoOnlyTradeOrganizationrepresentingallsegmentsfactorybuilthousing2019-05-14_0808

 

It should be noted that not all in the industry are sliding.  The article below is but one example of a firm that is bucking the trend.  That clearly implies that others can too.

 

 

Which begs the question, what the devil is going in with MHI’s so-called leadership?  What are the ‘powers that be’ behind MHI actually doing?

 

 

What’s Going On?

The largest corporate force behind MHI are the Warren Buffett led Berkshire Hathaway owned brands. A survey of troubling mainstream media reports about their behavior is linked below.

 

Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance – Investor Lessons Learned

 

Before several of these episodes occurred, became known, or were coming into focus, Clayton, 21st, and MHI supported the Preserving Access to Manufactured Housing Act. In hindsight, was the entire bill a ruse? A head fake designed to consolidate the industry into ever fewer hands?

 

That’s what a more detailed report, fact-checks, and analysis linked below examines.

 

Rope-a-Dope – Preserving Access to Manufactured Housing Act, Mom, Dad, & You

 

 

There are already several federal investigations reportedly underway with respect to Clayton Homes, and their related lenders.  Former Clayton division president Joe Stegmayer, Cavco Industries are under an SEC subpoena, to name but a few of the publicly known federal investigations.

 

 

But sources tell MHProNews, that other investigations – federal and others – are also underway.

The fact-checks by MHLivingNews of the recent Last Week Tonight with John Oliver revealed that each firm the satirical, sharp hit on “Mobile Homes” made was on a MHI member connected firm.

 

Warren Buffett has been documented to have financially supported via so-called ‘dark money’ channels the organizations that attacked his own brands, and MHI firms.

 

 

It is with that backdrop that publisher L. A. ‘Tony’ Kovach takes a deeper dive into what in hindsight was arguably the true goal of the Preserving Access to Manufactured Housing Act. Tony Kovach raises the questions, have more than just antitrust laws been broken? Are possible fraud and RICO concerns valid?

That ‘deeper dive’ report is linked here.

It is far more pleasant being a cheer leader when one has something honest and honorable to cheer. But to fail to call out real problems is to betray readers who are looking for solutions, not slogans, slurs, slimes, or dodges.

SnearMudThrowingTacticsUsedWorkToDuckDodgeDebatePixabayMastheadCommentaryMHPronews

While surrogate writers for the powers that be – like Allen – purportedly use diversionary, smear or slime tactics vs. engaging in an actual – robust discussion or debate – MHProNews continues to follow the evidence, follow the money, and does fact checks to uncover what the underlying issues actually point toward.

 

DuckDodgeDismissDistractDetractDefameFromIssueTacticsByThoseWithNoGoodAnswersMHProNews-768x609

RickRobinsonSrVPGenCounselManufacturedHousingInstituteHUDSecBenCarsonMHILogoDailyBusinessNewsMHProNews

Robinson is a good speaker, good writer and likeable person, says MHProNews publisher, L. A. “Tony” Kovach. The questions that they duck and dodge will only continue until they are properly addressed in a transparent way, he opines.

LATonyKovachHenryFordQuotesPrettyPicturesAchieveGoalsDailyBusinessNewsProNews

Therefore, while Joe Stegmayer and George F. (F?) Allen are playing footsie – or MHInsider and the bulk of the others in the manufactured home industry’s trade media other than MHLivingNews or MHProNews ignore the vexing issues – or slime those such as MHARR for raising logical concerns and for offering solutions – our pro-growth platforms will continue to promote the good news about manufactured housing, while holding to account those who are behaving in problematic ways.

That’s today’s third look at “Industry News, Tips, and Views Pros Can Use,” © where “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.

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.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers do.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click 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.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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.

Manufactured Home Community Case Study, UMH Properties, Lessons for Independent Community Owners, Investors

 

MHARR Calls on HUD Secretary to End Discriminatory And Exclusionary Zoning of HUD-Regulated Manufactured Homes

Biggest Dow Losers? Companies Tied to Chinese Trade, plus Manufactured Housing Market Updates

May 13th, 2019 No comments

CNNmone5.13.2019ManufacturedHomeStocksMarketsReportsMHProNewsAs regular readers of this feature know, we steered clear of China-U.S. trade troubles for most of last week, even though that was a lead story among scores of market watchers.  Today, MHProNews has two stories that have dealt with China and U.S. trade, one earlier today – linked here – that directly ties into builders and sellers. This topic is related to the stock market impact of the trade war, which isn’t ‘new.’ For years, China was taking the U.S. to the cleaners. For less than 2 years, the U.S. has begun to seriously fighting back in the era of POTUS Trump. On a day with plenty of red ink on stock tickers, trade, China, and what firms are the most impacted are our 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.

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Dow plunges 617 points after China retaliates with higher tariffs
  • China strikes back
  • LIVE UPDATES The real problem between the US and China, in 2 charts
  • The Dow’s worst days
  • Bitcoin is one thing that isn’t plunging today
  • Facebook will require that contractors be paid higher wages
  • WestJet, Canada’s second-largest airline, will be taken private
  • Uber plunges again — now nearly 15% below IPO price
  • Under pressure, Bed Bath & Beyond’s veteran CEO steps down
  • Oil prices rise after Saudi Arabia reports tanker attacks
  • The 737 Max does not appear close to flying again
  • Huawei’s detained finance chief speaks out in letter to employees
  • PERSPECTIVES AOC and Sanders’ credit card interest rate cap would be disastrous
  • iPhone owners can sue Apple for monopolizing App Store, Supreme Court rules
  • Serena Williams, Jay-Z and Katy Perry are investing in Impossible Foods
  • Losing to Michael Phelps helped turn this star swimmer into a successful entrepreneur
  • There aren’t enough women in the C-suite. This club wants to change that
  • What male CEOs are wearing
  • What every first-time CEO should know
  • When good executives go bad
  • Why it matters so much every time a woman CEO leaves
  • Mercedes makes aggressive climate pledge
  • Oil is slowly losing its best customer
  • Hyundai’s Genesis unveils vision for tiny electric luxury car
  • How Amsterdam plans to help ban polluting cars
  • VW is creating an electric future. This is what it looks like

Select Bullets from Fox Business

  • Dow dives over 600 points amid US-China trade tiff
  • China retaliates against Trump admin with tariffs on $60B in US goods
  • US and China will both lose if they don’t come to trade agreement, former JC Penney chief says
  • Trump’s tariff wars could wipe out a chunk of tax cut benefits
  • ‘Game of Thrones’ cast net worths, from Emilia Clarke to Sophie Turner
  • Mark Cuban: Ocasio-Cortez, Sanders don’t understand socialism
  • Uber’s first employee, who’s now a billionaire, credits his success to this 1 tweet
  • FOX announces its new primetime lineup since Disney merger. Here’s a look
  • WATCH: FCC gets aggressive on robocall enforcement, vows to return consumer sanity
  • Trump ‘seriously’ hurt Iran with these 2 moves says Lieberman
  • US federal spending surges in 2019
  • Heinz CEO has lost confidence in the food giant
  • Only 3% of employers offer this desirable perk
  • First-time homebuyer? Here’s how much an average down payment costs in each state
  • World’s most expensive coffee available in the US for limited time
  • Uber stock tanks for second day after weak debut
  • Top 10 major cities cashing in on movie tourism
  • Amazon to pay employees to quit and start their own delivery businesses
  • Supreme Court rules against Apple in lawsuit targeting App Store
  • Middle class was anything but left behind by Trump tax reform
  • 5 truths about capitalism that are often misunderstood
  • Uber IPO is a buyer-beware opportunity: Varney

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

9MarketIndicatorsYahooFinance5.13.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

BiggestDowLosersCompaniesTiedChinaTradePlusManufacturedHousingStockUpdates

 

Let’s tee this up tonight by noting the link to the Daily Business News on MHProNews earlier report on building and the impact of the U.S.-China tariff tiff.

 

Higher China Tariffs “Hits Home,” Building Impacts Ahead, Per NAHB

 

Per left-of-center CNBC, the biggest Dow losers since the trade war escalated reveal that investors are fleeing companies with more Chinese business ties.

 

  • The Dow is down about 1,200 points since President Donald Trump announced tariff hikes last week, with heavier losses in companies with business in China.
  • Intel, Apple and Caterpillar have all dropped more than 10% in the six trading days since the president’s tweet on May 5.
  • Intel in particular may be vulnerable to a deterioration in U.S.-China trade relations, which about 25% on its sales coming from China, according to FactSet.

 

 

Here’s the snapshot in a chart.

 

TradeWarImpactDow30May3-13-2019ManufacturedHousingMarketUpdates

 

Related Reports:

WSJ Blames Trump Tweets for Blowing Up U.S.-China Trade Talks, 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).

5.13.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

WSJ Blames Trump Tweets for Blowing Up U.S.-China Trade Talks, Plus MH Market Updates

May 10th, 2019 No comments

CNNmone5.10.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere was no deal.  Stocks have slid for days, with numerous business and investor sites noting fears over the U.S.-China trade deal.  So oddly, when no deal occurred, and the U.S. imposed new tariffs on Chinese goods at a minute after midnight, after a roller coaster day and week, the markets closed mildly up?  Go figure.  On a day when there were more gainers than losers on manufactured housing track stocks, we’ll look at what the Wall Street Journal (WSJ) had to say today about the current state of the trade talks as our market focus tonight.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline 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.

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Stocks bounce back
  • Dow turns positive after Mnuchin and Trump call China talks ‘constructive’
  • Uber falls more than 7% in disappointing Wall Street debut
  • LIVE UPDATES Uber may be the biggest IPO bust ever
  • Analysis: Stocks will sink if the US-China trade war gets even worse
  • China vows to strike back after US raises tariffs
  • The US just raised tariffs on Chinese goods. Here’s what that means
  • Why Mark Zuckerberg needed to impress Emmanuel Macron
  • Jeff Bezos wants Blue Origin to go to the moon. Here’s why that’s a big deal
  • The skincare industry is booming, fueled by informed consumers and social media
  • Can ‘Pokémon Detective Pikachu’ end the box office reign of ‘Avengers: Endgame’?
  • Marriott hasn’t paid the price for its data breach
  • Shopping Content by CNN Underscored
  • Here are our favorite true wireless earbuds
  • Here’s who will get rich from the Uber IPO
  • Party City is facing a helium shortage. It’s also closing 45 stores
  • Cashiers ring up shoppers at a Walmart Inc. store in Burbank, California, U.S., on Monday, Nov. 19, 2018.
  • Walmart’s store managers make $175,000 a year on average
  • The brewers of Sam Adams and Dogfish Head merge in $300 million deal
  • Heineken has a plan to make Americans love beer again
  • Guinness will stop using plastic in beer multipacks
  • Constellation Brands CEO took the leap into cannabis. Now everyone is following
  • Germany is opening its first electric highway for trucks
  • Toyota wants to make smart homes with Panasonic
  • VW’s systems can’t cope with 10,000 electric car orders
  • What Volkswagen’s electric future will looks like

Select Bullets from Fox Business

 

  • US stocks recoup losses on officials’ upbeat trade comments
  • China-US speed trade talks ‘went fairly well’
  • China trade: Tit-for-tat tariffs won’t work, Carly Fiorina says
  • US Army’s new uniforms a throwback to classic WWII design
  • Uber shares open below IPO price of $45
  • WATCH: Major housing clampdown coming soon?
  • Royal Caribbean open its $250M ‘Perfect Day’ private island, featuring tallest waterslide in North America
  • Trump strikes big HIV drug deal to knock out virus
  • Elon Musk taunts Jeff Bezos’ plan to send Blue Origin spacecraft to moon in crude tweet
  • 10 most popular jobs for new college grads — and their average entry-level salaries
  • Guns N’ Roses sues Colorado brewery for alleged trademark infringement
  • Meghan Markle, Prince Harry’s newborn son Archie already has impressive estimated worth
  • Elon Musk’s grueling work schedule shocks fans: ‘No choice or Tesla would die’
  • Fannie, Freddie IPO could come in 2020: FHFA Mark Calabria
  • Party City to shutter 45 stores amid worldwide helium shortage
  • Trump’s steel tariffs cost US consumers close to $900,000 per job, analysis finds
  • Opportunity zones a ‘game changer’ for entrepreneurs: AOL co-founder Steve Case
  • Rihanna, LVMH launch new fashion brand ‘Fenty’

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

9MarketIndicatorsYahooFinance5.10.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

 

WSJBlamesTrumpTweetsBlowingUpUSChinaTradeTalksPlusMHMarketUpdatesManufacturedHomeIndustryMHProNews

It’s an interconnected economy.

Duh, right?  But trade deals impact manufactured housing directly and indirectly.

Some plants that produce manufactured homes import, for example, products from China that go into U.S. based factories that build HUD Code homes.

 

 

That said, while sharing the Wall Street Journal (WSJ) video without specific comment – we’d look at some of the WSJ claims differently, but that’s another topic for another time – let’s make a comment that will be controversial to some that’s manufactured home specific.

 

 

What is controversial to some others in MHVille it at all controversial to us. It’s this.

If specific aspects of manufactured home markets were not arguably being artificially manipulated – see examples in reports linked here, here, here, and here – or manufactured housing would be far more resilient.  Why?

Affordable housing is almost always needed.  There is no more proven form of affordable housing than manufactured homes. Look at the historic trends, until the last 15 years.  What changed?  Start with two words, Warren Buffett.

 

3ErasMobileHomesManufacturedHomesManufacturedHousingImprovementActEraSkylineChampionShipmentProductionGraphicMHProNews

In 1998, manufactured homes (MH) outsold RVs by some 3 to 2. In 2017, RVs outsold MHs by some 5 to 1. RVs recovered far more quickly from 2008. The facts raise questions. One, is the effectiveness of MHI as the post-production or ‘umbrella’ association in the country. The other question is more sobering. Has Buffett-Berkshire “Moat” strategies kept manufactured home production at historically low levels to allow a few big boy brands to consolidate others at a discounted ‘value’ by MHI insiders?

Step by step, MHProNews and our sister site have been ‘building the case’ for why the industry is underperforming.  This is done to both inform, but also to set the stage for what’s to follow.

There’s a method to the madness.  In the meantime, those that we’ve fact checked and critiqued, given the opportunity to respond, have stayed mute directly. Indirectly, there have been over-the-target reactions.

Stay tuned.

The opposition has their plan, so do we.

Re: Trade?  President Trump was talking tough on trade for decades, as a private citizen.  It is arguably one of the signature topics that brought blue collar workers from counties that went Democratic during the Obama presidential contest era twice to go for POTUS Trump.  So, while some clearly hate the state of trade, there are those who cheer the developments, even if it means short term pain.

If you ponder your investments in MHVille, see the related reports, linked below.  It may get you wondering the same things that caused us to dig deeper and bring our readers the reports that no one else in manufactured housing trade media dares to cover.

Starting with the speech by Secretary Carson, the first link below, why isn’t that posted on the Manufactured Housing Institute website?  Why is it found – at this time in manufactured housing industry trade media – only on our sister site?

As political independents and keen MHVille observers, there are a few phrases that both Bernie Bros and MAGA Trump supporters agree upon.  One is this.  The “system is rigged.” Ponder that as you ponder the links above and below.

Related Reports:

 

 

New Investigation, Insider Trades, Hedge Fund Dumps Cavco Industries (CVCO)

 

Nathan Smith, SSK Communities, Manufactured Housing Institute Leader, Profitably Correcting the Record

Manufactured Home Community Case Study, UMH Properties, Lessons for Independent Community Owners, Investors

Declining Manufactured Home Shipments More Serious Than Retailers, Communities Being Told

What the Manufactured Housing Institute (MHI) Said About March 2019 Shipment and Production Data

 

Nobility Homes Annual Report – New, Illustrated Investor’s Corporate Snapshot of Manufactured Modular Home Producer

 

 

 

HUD Code Manufactured Home Production Decline Continues, May Updates

“Lead, Follow … Or Get Out of The Way”

 

 

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).

5.10.2019DailyBusinessNewsManufacturedHousingCon

 

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.

Prior Facebook Insiders Among Harshest FB Critics, “Break Them Up” – plus MH Market Updates

May 9th, 2019 No comments

CNNmone5.9.2019ManufacturedHomeStocksMarketsReportsMHProNewsFacebook is used by most manufactured home professionals in a variety of fashion.  Sure, China and tariffs have investors watching the markets sink.  The U.S.-China match will reverse itself with a deal, or not.  Super powers are playing chicken, some of which may be stage managed for their respective audiences.  It would be an easy topic to follow others and jump on today.  But once more, let’s take a contrarian view, set that ‘trade deal or not’ issue many stock watchers are commenting upon aside, and turn instead to one of the biggest issues of our times.  Monopolies, the growing power of big tech over our lives, and how some of the biggest critics of Facebook are those who CNBC called former ‘insiders.’ On a day of red-ink on the markets, let’s look at that issue as our featured evening report.

 

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.

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Dow sinks as the US-China trade spat weighs on stocks
  • US trade deficit edges up, even as Americans buy less from China
  • LIVE UPDATES The market’s problem? The ‘sell first, ask questions later’ mentality
  • Instagram blocks ‘#VaccinesKill’ hashtag after CNN Business report
  • Uber’s IPO will be an early test for SoftBank’s massive venture fund
  • Why it might not be smart to buy Uber on its IPO day
  • Chevron walks away from deal with Anadarko
  • Sears has a new logo. It looks a whole lot like Airbnb’s
  • FCC votes to bar China Mobile from operating in the U.S. over security concerns
  • Volkswagen’s systems can’t cope with 10,000 electric car orders
  • com warns of even more pain ahead after it ditched the Post Office. Stock plunges 50%
  • US senators want Amazon’s Alexa device for kids investigated by the FTC
  • This bitcoin bull predicts prices will triple by 2021
  • Why Wendy’s brought back 50¢ Frosties
  • LIVE UPDATES Jeff Bezos unveils new plans for Blue Origin spaceflight
  • Silicon Valley’s real estate market is finally cooling off. Sort of
  • EXCLUSIVE Elizabeth Warren: Americans don’t need cliché financial advice. They just need to be paid
  • Facebook founder Chris Hughes: It’s time to break up Facebook
  • Instagram still doesn’t have vaccine misinformation under control
  • Perspectives: It’s time to regulate Big Tech
  • Facebook wants to make your birthday super awesome
  • Russian fake accounts targeted Facebook Groups
  • Owner of Schick buys Harry’s razors in $1.4 billion deal
  • Gillette is selling a $200 luxury razor that heats up to 122 degrees
  • Dollar Shave Club wants to be known for more than razors
  • Women’s razor startup Billie is taking on the ‘Pink Tax’
  • As a man of color, he couldn’t find a razor he liked. So he created his own

Select Bullets from Fox Business

 

  • Burdened by Trump’s tariffs, small businesses, others mount last-minute plea
  • Trump’s attacks on Powell reportedly hurting US-China trade talks
  • Trump’s steel tariffs cost US consumers close to $900,000 per job, analysis finds
  • Uber IPO price sets company value at roughly $82B
  • WATCH: Major housing clampdown coming soon?
  • IRS to release new W-4: What to expect
  • Royal Caribbean open its $250M ‘Perfect Day’ private island, featuring tallest waterslide in North America
  • Ocasio-Cortez admits plan to cap interest rates ‘sounds radical’
  • Elon Musk’s productivity tips include walking out of meetings
  • Waters to Fed on BB&T, SunTrust merger: Wait for us to investigate
  • Carter Page: ‘Mueller’s band of angry Democrats’ on witch hunt
  • Tax rates might be lower, but rich subject to greater tax burden
  • Facebook co-founder calls for breakup of social media giant, says Mark Zuckerberg has ‘unchecked power’
  • Papa John’s CEO hints Shaquille O’Neal may get his own signature pizza
  • Roku CEO: Shift to streaming is accelerating
  • Americans have ‘incredible’ misconceptions about Social Security
  • Uber IPO: Travis Kalanick won’t ring NYSE bell, report says
  • Chevron taps out in Anadarko Petroleum battle, will get $1B termination fee

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

9MarketIndicatorsYahooFinance5.9.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

TimeBreakupFacebookNYTimesPriorFacebookINsidersHarshCriticsLiesBreakThemUPPlusMHMarketUpdates

 

Left-of-center CNBC said today that, “Former Facebook insiders have turned into some of its harshest critics”

 

  • Facebook Co-founder Chris Hughes on Thursday called on regulators to break up the company.
  • Other key critical former executives include Sean Parker, Chamath Palihapitiya and Alex Stamos.

Facebook Co-founder Chris Hughes on Thursday published an opinion piece for the New York Times critical of the company he helped create, calling for the breakup of the company saying “I do” think Facebook is dangerous.

It’s part of a growing trend that MHProNews has spotlighted, that include such odd couples as Senator Elizabeth Warren and President Donald J. Trump, among other voices that have raised concerns over the threat and power that the tech giants pose.

Here are some key former Facebook insiders who have criticized the company, per CNBC.

Sean Parker was Facebook’s president in its early days. He said at an Axios event in November 2017 that the thought process that went into developing Facebook in the early days was all about “How do we consume as much of your time and conscious attention as possible?”

The unintended consequences of a network when it grows to a billion or 2 billion people … it literally changes your relationship with society, with each other,” Parker said. “God only knows what it’s doing to our children’s brains.”

Chamath Palihapitiya, former vice president of platform and monetization and later user growth, told an audience at the Stanford Graduate School of Business in November 2017 that he felt “tremendous guilt” over Facebook.

I think in the back, deep, deep recess of our minds we kind of knew something bad could happen,” Palihapitiya said. “I think we have created tools that are ripping apart the social fabric of how society works.”

Ouch.

 

Roger McNamee, starts off politely until he says “puts the lie” on the program advanced by Facebook’s Mark Zuckerberg.  McNamee is an early Facebook investor and mentor to Zuckerberg.

In an article and a later a book McNamee published called “Zucked: Waking Up to the Facebook Catastrophe,” and he’s criticized the social network during marketing events for the book, calling the Facebook “a threat to democracy.”

Brian Acton, “WhatsApp co-founder, left Facebook in September 2017 after selling his startup to the social network in 2014 for $19 billion. After his departure, Acton contributed $50 million to the Signal Foundation, the organization that builds and maintains Signal, an encrypted messaging app that is an alternative to WhatsApp.” In March 2018, Acton tweeted #deletefacebook.

Tim Kendall, director of monetization, spent $7 million to fund Moment, his startup that helps smartphone users better manage the time they spend on social media and their devices.” He told the Wall Street Journal that I feel a little guilty about not anticipating some of the ramifications, even though I think that would have been really hard.” Kendall says he remains confident in Zuckerberg’s ability to fix Facebook.

Mark Luckie, strategic partner manager for influencers, spoke out against Facebook after leaving last November. Luckie, a black man, criticized the company  saying Facebook had “a black people problem.”

Luckie said black Facebook users find their content removed without notice. Ironically, Facebook removed Luckie’s post on the topic before allowing it back later.

Alex Stamos, chief security officer, is a frequent critic among Facebook’s former executives. Since leaving in August, Stamos has compared Facebook’s culture to that of “Game of Thrones,” but has also defended the social media firm.

See related report below for more.

Attorney Harmeet Dhillon – ‘They Are Gaslighting Us,’ ‘Ignoring This At Your Peril – Plus Manufactured Housing 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).

5.9.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

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.

On “the Border of Insanity,” plus Manufactured Housing Stock Updates

May 8th, 2019 No comments

CNNmone5.8.2019ManufacturedHomeStocksMarketsReportsMHProNewsInsanity seems to have taken solid root in wide portions of the United States, including in ways that impact manufactured housing. While some think this is a non-issue, this evening’s snapshot will provide insights some may not have considered.  On a day when markets and manufactured home industry connected tracked stocks largely slid, we’ll look at the border of insanity as our featured report.

 

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.

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • The Dow has its second-worst day of 2019 on promise of new tariffs
  • LIVE UPDATES Only 23 stocks on the S&P are up today
  • Why the Dow Jones dropped 600 points today
  • Here are the Dow’s worst days of 2019
  • Why the market freaked out when Trump tweeted about trade
  • Bitcoin has soared 60% this year. Meet the new buy-and-hold investment
  • Google Assistant wants to know even more about you
  • Does it still make sense to invest like Warren Buffett?
  • Apple and Google remove dating apps FTC says expose children to predators
  • Uber and Lyft drivers plan to strike ahead of Uber’s IPO
  • Germany is opening its first electric highway for trucks
  • Disney announces dates for three new ‘Star Wars’ films and four ‘Avatar’ sequels
  • This 3D-printed rocket startup is causing a stir
  • Google is making a $400 Pixel phone
  • McDonald’s joins the meatless burger trend in one of its biggest markets
  • This is the first Amazon Go store to accept cash
  • Under pressure, Amazon plans to accept cash at cashierless ‘Go’ stores
  • Retailers want to go cashless. But opponents say that’s discriminatory
  • Cities fighting back vs. cashless businesses
  • Digital wallets and vein scanners: How we’ll pay for things in the future
  • Lord & Taylor owners consider selling iconic department store
  • This ‘Amazon-proof’ chain wants to take Toys ‘R’ Us and Sears real estate
  • Kohl’s won over moms. Now it’s going after Millennials
  • Why Ikea is opening a tiny store in New York
  • These drive-thru convenience stores are made out of recycled shipping containers

Select Bullets from Fox Business

  • US stocks in major sell-off on worsening trade tensions
  • WATCH: Facebook turns fact-checking partners loose on Instagram
  • Walmart to open 100 veterinary clinics, launching an online pet pharmacy
  • Bannon: Trump’s China tariff threat ‘the most important day’ of presidency
  • Job growth surges in Trump-supporting counties, study shows
  • The real reasons why NFL players go broke
  • Money mistakes of middle-income Americans
  • Bill Gates: America’s capitalism, socialism debate really about taxes
  • Kanye West’s Met Gala outfit included $40 jacket
  • Disney upcoming film schedule: ‘Star Wars,’ ‘Avatar’ set to return to theaters
  • Celebrities urge boycott of Wendy’s amid recent attention on spicy chicken nuggets
  • Preorder Samsung’s new $2,000 foldable phone? You’re about to be put on hold
  • Retirement planning: What happens when you are forced to retire early?
  • ‘Papa John’ Schnatter may sell his stake in pizza chain he founded
  • Golf legend Greg Norman: Tiger Woods redeemed himself to America
  • Medicare Advantage insurers may get ‘billions’ in overpayments, study shows
  • Disc-less Xbox One S All-Digital Edition released: What to know
  • Big pharma official to Congress: Force countries to pay more for drugs in new trade deals
  • Alternative meat industry headed toward a $40B market by 2030, analyst says
  • 7 smart and simple Mother’s Day gifts
  • Warren Buffett Highlights
  • Warren Buffett slams bitcoin as a ‘gambling device’
  • EXCLUSIVE: Tim Cook ‘thrilled’ Berkshire’s Buffett owns Apple stock

Berkshire’s Buffett calls himself a ‘card-carrying capitalist’

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

9MarketIndicatorsYahooFinance5.8.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

Some of us came to the United States legally. Others jump a border, cross the waters, overstay a visa, or otherwise find ways to ignore U.S. immigration laws.

 

We’ve covered this topic before, but this video clip highlights how this new wave of migrants on the southern border have adapted to the new reality. 

 

 

 

 

Illegal immigrants jump into the Rio Grande to be rescued by border agents in order to be ferried to the other side.

 

Former CIA officer Mike Baker discusses the debate over border security and whether the U.S. needs to be concerned about terrorists crossing the southern border.

 

FAIRTotalGovtCostsonIlelgalImmigrationFederalStateLocalTaxcostsDailyBusinessNewsMHproNewsAPNorcPollImmigrationTopConcern2019DailyBusinessNEwsMHProNews

FAIRFederationAmericanImmigrationReformSummaryWikipediaDailyBusinessNewsMHproNews

This is costly, but it is also dangerous. Not the least impacted are those lower wage U.S. workers who are here legally. See the related reports, linked below.

Related Reports:

Want a Robust Economy? Fix the Southern Immigration Crisis, Plus MH Market Updates

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

Reports – ICE Raids Factory Builders

 

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).

5.8.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.)

(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.