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State of Blue-Collar Workforce White Paper, Plus Manufactured Home Stock Updates

April 22nd, 2019 No comments

CNNmone4.22.2019ManufacturedHomeStocksMarketsReportsMHProNewsAs a debate is stirred by several Democratic 2020 presidential hopefuls about ‘free college,’ or student loan debt forgiveness, a recent report spotlighted positive news about the blue-collar sector. On a day when 2 of the 3 major markets rose, and industry stocks closed largely lower, that white paper on the State of Blue-Collar Workforce is our featured item 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.

 

Select bullets from CNN Money…

  • Oil jumps on Iran crackdown
  • The cost of oil shoots above $65 a barrel as the White House vows to bring Iran exports to zero
  • LIVE UPDATES Oil closes at a 6-month high
  • Tesla investigates after car appears to explode in China
  • Deadly attacks could cause serious damage to Sri Lanka’s economy, which depends on tourism
  • Sri Lanka’s social media ban enters its second day
  • Carlos Ghosn is charged for the fourth time
  • Huawei posts 39% increase in revenue and claims more 5G firsts
  • Yes, you have to send a thank you note after your interview. Here’s what to say
  • PERSPECTIVES Corporate greed is accelerating climate change. But we can still head off disaster
  • Danish retail billionaire loses 3 children in Sri Lanka attacks
  • Kraft Heinz appoints new CEO
  • Roy Disney’s granddaughter thinks Bob Iger’s paycheck is ‘insane’
  • Samsung delays Galaxy Fold launch after early models broke
  • PERSPECTIVES Lyft exec: We’re facing a climate crisis while the government looks the other way
  • Tesla’s new Autopilot is amazing — but please keep your eyes on the road
  • Hyundai’s Genesis unveils its vision for a teeny electric luxury car
  • GM to reveal a radically new Corvette
  • Uber and Lyft may look the same, but their visions are not
  • Self-driving cars are now on the streets of Hamburg
  • How to look for a new job when you already have one
  • The best time to bring up salary when job interviewing
  • How to know what it’s really like to work at a company
  • The right way to ask for a job reference
  • The art of writing the perfect goodbye note

Select Bullets from Fox Business

  • Disney heiress: Bob Iger’s $65M payday is ‘insane’
  • Warren jail time proposal for CEOs would radically change the law, Judge Napolitano says
  • Uber, Lyft low ride-sharing fares is over, analyst says
  • WATCH: Social Security to run out of money in 2035
  • Trump will not nominate Herman Cain for Fed seat
  • Boston Beer stock spike on seltzer drink sales
  • Plant-based meat startup Beyond Meat to raise $184M in IPO
  • Elizabeth Warren wants to ‘cancel’ student debt for millions
  • IRS audits may start to target more wealthy taxpayers
  • Bed Bath & Beyond overhauls board after investor backlash
  • Millennials feel they face more financial woes than other generations
  • Michael Phelps teams up with Colgate to champion Earth Day
  • When can you retire? Retirement experts weigh in
  • US Democratic Rep. Seth Moulton launches 2020 presidential bid
  • Earth Day: Risks, deals and brands trying to make a difference
  • Venmo nears deal with Synchrony to offer its own branded credit card
  • An inside look at the rise and fall of Theranos and Elizabeth Holmes
  • A homebuyer’s market? Where sellers are losing their advantage
  • Amid minimum wage debate, Trump is giving Americans a raise right now
  • US to end Iran sanctions waivers: What it means for gas prices and your wallet
  • Democrats, their presidential candidates divided into 3 groups: Varney
  • Trump sues to block House Democrat’s subpoena seeking his financial information
  • The potential risks to Democrats from investigation fatigue
  • The risks Iran will try to wait out the Trump administration
  • JPMorgan Chase announces first winning cities in $500 million AdvancingCities initiative
  • Ray Dalio gives Connecticut $100 million, state’s largest gift ever
  • James Patterson donates $1.25 million to classroom libraries

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

9MarketIndicatorsYahooFinance4.22.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 – 

It goes without saying that many of the jobs performed in the manufactured housing sector are blue collar jobs. So this report sheds useful light on those trying to get their head around various trends and claims.

 

stateofBlueCollarWorkforceWhitePaperPlusManufacturedHomeStockUpdatesDailyBusinessNewsMHProNews

 

When a white-paper is produced that is useful to a firm, organization, or industry the norm is to publicize it.

 

BlueCollarWorkersWhitePaperQuoteDailyBusinessNewsMHProNews

That’s being painfully proven by Manufactured Housing Action (MHAction), which co-authored a so-called white paper on private equity firms behavior in MHVille. But when MHI produced a report that claims to demonstrate customer satisfaction, instead of publicizing it, they hide it behind a member login? What do you call that kind of odd behavior?

We’ll let that question hang, as we turn to the white paper by Express Employment Pros on the state of the blue collar workforce.

UnderReportedStoryBlueCollarWorkerSatisfactionExpresssProWhitePaperDailyBusinessNewsMHproNewsHere’s the lead to their release for the white paper.

Previously a declining sector of the United States workforce, blue collar jobs are growing at the fastest rate in nearly three and a half decades, yet workers are scarcer than ever, according to studies from The Washington Post and The Conference Board, respectively. This unique combination of circumstances creates significant new opportunities for Americans who may not have a college education. And, as they look to invest in a career, they face a question: is taking a blue collar job a smart decision?”

 

99PercentSelfEmployedBlueCollarWorkersLoveBeingTheirOwnBossStateofBlueCollarExpressProsDailyBusinessNewsMHProNews

 

The screen captures are data points and/or pull quotes from the survey that produced the white paper.

BlueCollarRosierOutlookStateBlueCollarWhitePaperExpressProsDailyBusinessNewsMHProNews

MajoritySaySomethingPositiveStateofBlueCollarWorkersExpressProsMHProNEws

The balance of the well illustrated white paper can be downloaded at this link here.

StateofBlueCollarWorkforceWhitePaperExpressProsManufacturedHousingDailyBusinessNewsMHPronews

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).

4.22.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

Early PreFab Leader Sears Sues Eddie Lampert, Treasury Secretary Mnuchin for Alleged Billions of ‘Theft,’ Plus MH Market Updates

April 18th, 2019 No comments

CNNmone4.18.2019ManufacturedHomeStocksMarketsReportsMHProNewsSears was a leader in precut housing a century ago.  More recently, it still had strong ties to the housing industry, as the purchase of a new or existing house often led shoppers to their local Sears to buy new TVs, appliances, drapes, and such.   So it isn’t so odd to note Sears here. Besides, it has significant lessons for manufactured housing professionals and investors on numerous levels, as our report this evening will reveal. On a day when Mueller report mania is grabbing headlines, and most tracked stocks rose, we’ll look at a pair of videos on Sears, and dig under the surface for some of those insights to see what lessons can be gleaned for MHVille pros and investors.

 

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…

  • A risky move
  • Samsung’s foldable phone is launching next week, despite it breaking for some
  • LIVE UPDATES Gold dips to lowest level since December
  • Food stamp recipients can now buy groceries online
  • National Enquirer reportedly sold for $100 million
  • Pinterest started trading today. Can it avoid the missteps that plagued Twitter and Snap?
  • Mitch McConnell wants to raise the age to buy tobacco to 21. Tobacco stocks sink
  • Philip Morris thinks cigarettes are dying. Here’s what it wants to sell instead
  • Apple is making it easier to recycle your old iPhone
  • Amazon will no longer sell Chinese goods in China
  • PERSPECTIVES Reckless farming is destroying the planet. This could save it
  • The secret market of private real estate listings
  • The Weather Channel knocked off air by ‘malicious software attack’
  • Trump wants his base to watch Fox News or OANN on Mueller report day
  • 20190108-silicon-valley-glorified
  • The new Silicon Valley IPOs are flashy and slick. But will they deliver for investors?
  • How one of India’s biggest airlines imploded
  • France asks: Should billionaires get tax breaks on Notre Dame donations?
  • More store closures have been announced this year than in all of 2018
  • Pier 1 plans to close up to 45 stores
  • Why Sears is opening smaller stores
  • Bed Bath & Beyond to close 40 stores
  • Charlotte Russe will shut down all of its stores
  • Should artificial intelligence be used to catch shoplifters?
  • Big banks are using AI to keep out of trouble
  • Why AI is still terrible at spotting violence online
  • These voices sound just like humans. They aren’t real
  • Google scraps its controversial AI ethics council days after it was announced

Select Bullets from Fox Business

  • USMCA to add $68.2B to US economy, spur 176k jobs says key independent review panel
  • Trump admin: USMCA would lead to North American auto industry surge
  • Amazon isn’t the only company that paid $0 in federal taxes last year
  • Mueller investigation by the numbers: 675 days, 500 witnesses
  • Here’s a look at the sprawling two-year-long Mueller investigation and report by the numbers.
  • HBO jabs Trump for ‘Game of Thrones’ tweet on Mueller report
  • WATCH: Trump Tower witness says without his email there’d be no collusion question
  • EBay CEO Devin Wenig rips Amazon’s business practices in shareholder letter
  • A homebuyer’s market? Where sellers are losing their advantage
  • California gas prices surge to five-year high; what’s causing the spike?
  • When can you retire? Retirement experts weigh in
  • Pinterest, Zoom IPOs: What to know
  • WATCH: Jamie Dimon’s take on the current state of the US economy
  • Herman Cain rips Fed critics looking to spoil his central bank chances
  • Where Wall Street bigwigs are putting their money in 2020 election
  • JPMorgan Chase CEO Jamie Dimon taps two women execs as potential successors
  • Sprint, in attempt to salvage T-Mobile deal, argues company future at stake
  • No thank you Ocasio-Cortez and far left: Why you don’t want gov’t doing your taxes
  • Elizabeth Warren’s green mistake
  • Hiking the tax on carried interest capital gains is a lose, lose, lose

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

9MarketIndicatorsYahooFinance4.18.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

EarlyPreFabLeaderSearsSuesEddieLampertTreasurySecretaryMnuchinAlelgedBilloinsTheftPlusMHMarketUdates

 

MHProNews floated the theory some weeks ago that today is now being openly alleged in this new lawsuit.  There are ongoing lessons to learn from what has occurred at Sears.

Before we go there on the Daily Business News market report, let’s just note the following about the Mueller report, which can be downloaded at this link here.  It was nearly 2 years ago that MHProNews shared a video from Project Veritas.  It featured a CNN Producer who said that the Russia collusion investigation was a big nothing burger.

Ratings, money, and their target audience were apparently part of the reason why CNN – and so many others in the ‘anti-Trump’ parts of the mainstream media – became so invested in that narrative, that it is not easy for them to back away from what clearly now was what the president said, a phony witch hunt.  If you disagree with the 45th president on policy or some other reason of substance, fine.  That’s your right as an American.  But don’t make up a bunch of stuff.

That relates to – and has lessons for our industry and investors –  just as Sears does.

Sears failed to adapt.  Antitrust and other potentially laws were and are arguably not being properly enforced. The later is part of a pattern that has endured under both Republican and Democratic administrations for decades.

Were there insider deals at Sears that enriched a few at the cost of the many?  That’s being explored, and time will tell on that concern.

But those same types of concerns circle around manufactured housing.  There are some companies that are listed in our evening Bloomberg ticker below that are arguably safe, while others are potentially vulnerable, to claims of market rigging.  What began taking place more openly at Cavco last November 2018 and ongoing drama could be the tip of the iceberg for them and others in the days ahead.

Cavco Industries Announces Latest Executive Level Changes

IfMHProNewsIswritingAboutItIWantToKnowAboutItQuote

From a longtime MHProNews readers.

These are good reasons why our readership at MHProNews surged so far in April over March 2019. Year over year readership is stunningly higher.

We have our typos, granted.  But the substance of what we strive to accurately explain and convey has a follow the facts, follow the money, use common sense methodology that asks, Cui bono? Who benefits or benefited?

Manufactured housing is far better positioned that Sears, in principle. But arguably manipulated and often avoidable headwinds are allowed to buffett – pun with Warren intended – our once far greater industry. It can be great again, but not without effort.  It is worth the work.

Let’s see what CNBC had to say today about the latest drama at Sears, mindful that it does have lessons for MHVille.

 

YouMHProNewsSeemToHaveConceptualIQThatIsMoreImportantThanSpellingAbilityQuote

Many of these quotes are from MHI insiders.

Sears sues former CEO Eddie Lampert, Treasury Secretary Mnuchin and others for alleged ‘thefts’ of billions from retailer

  • Sears accuses its former CEO Eddie Lampert of stealing billions of dollars from the once-storied retailer.

 

 

  • Sears Holdings filed for bankruptcy in October, after years of losses under Lampert, who was then its chairman, CEO and largest shareholder.

  • “Altogether, Lampert caused more than $2 billion of assets to be transferred to himself and Sears’ other shareholders and beyond the reach of Sears’ creditors,” the lawsuit alleges.
  • The filing claims Lands’ End was distributed to Lampert, ESL and other Sears’ shareholders for no consideration, following a prespin dividend of $500 million. On the stock’s first day of trading, its value topped $1 billion, with Lampert’s share worth at least $490 million. The stock currently has a market value of $591.3 million.
  • It further alleges that Seritage’s deal with Sears to give it ownership of 266 of Sears’ best retail stores was not negotiated and undervalued the properties by at least $649 million.
  • “The appraisals were fundamentally flawed and, among other things, intentionally used under-market future lease rates as the sole basis for their valuations,” the suit alleged.

 

Related Reports:

Sears Prefab Home Initiative

Historic Lustron PreFab Homes Draw Renewed Interest

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

Best Prefab, Modular Homes 2018, Videos

 

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).

4.18.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

‘Revitalization doesn’t have a color or party, it starts in the heart’ Scott Turner, Opportunity Zones Conference, Plus MH Market Updates

April 17th, 2019 No comments

CNNmone4.17.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere are several reasons why this Opportunity Zone is a periodic topic here on the Daily Business News on MHProNews.  Today’s feature may help bring some of those threads into clearer focus.  The short version could be said like this. Some of the most economically challenged areas – over 8,000 of them in cities and rural areas, from coast to coast – have opportunity zone incentives under the 2017 tax cuts and jobs reform law.  Those zones foster job creation from private investments drawn by tax incentives, and that in turn can foster the need for housing. In a world where enhanced preemption would be enforced, some of that housing ought to be manufactured homes.  In a more perfect world, some of those homes would be produced in new plants located in opportunity zones.  On a day when stocks closed mixed, the official White House transcript for today, plus a video from Fox Business of the event are our featured topic 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…

  • Changing their tune
  • Why big business is giving up its fight against a higher minimum wage
  • INTERACTIVE The US minimum wage through the years
  • LIVE UPDATES China economic data drives copper up, but can’t save oil
  • Disney donates $5 million to help restore Notre Dame
  • Apple pledges to help rebuild Notre Dame Cathedral
  • Qualcomm bet it all on its dispute with Apple and won. Now its stock is soaring
  • Philip Morris needs to kill smoking to survive
  • Airlines will raise fares this summer. Here’s why
  • Official warning to banks: Get real about climate change or risk going bust
  • China’s huge economy could be showing renewed signs of life in 2019
  • American Airlines doesn’t know how much the 737 Max grounding will cost
  • Hyundai’s Genesis unveils its vision for a teeny electric luxury car
  • Netflix is still the king of streaming
  • The liquor industry is incredibly male dominated. She’s helping to change it
  • Google and Apple block social media sensation TikTok in India
  • An aircraft of India's Jet Airways lands during rain showers in Mumbai on September 20, 2017.
  • India’s Jet Airways collapses as banks pull the plug
  • Europe threatens tariffs on US ketchup and cheese
  • College student sues JD.com CEO over alleged rape
  • Huawei’s rise to the top wasn’t pretty
  • Uber now lets female drivers request only women riders in Saudi Arabia
  • Why Carl’s Jr. is testing out a CBD burger
  • These farmers are making a killing on hemp
  • The CBD gold rush has begun
  • Martha Stewart to advise cannabis company
  • Barneys and Neiman Marcus are racing to the CBD market

Select Bullets from Fox Business

  • What to know about Pinterest, Zoom IPOs
  • Fed Beige Book reports slight-to-moderate growth
  • Amazon isn’t the only company that paid $0 in federal taxes last year
  • California city’s universal basic income test: What to know
  • Carl’s Jr. to test CBD burger on 4/20: ‘Rocky Mountain High’
  • Was your college degree worth all that debt? Nearly half of Americans say no
  • Where Wall Street bigwigs are putting their money in 2020 election
  • Trader Joe’s, Southwest Airlines among America’s best employers
  • Congress jumping to conclusions before Mueller report release: Judge Napolitano
  • 49% of workers are stressed out: here are some of the biggest office culprits
  • Is a recession coming in 2020? Here’s what most CFOs think
  • Luxury SUV market is scorching, Lincoln president says
  • Mark Zuckerberg, Bob Iger among ‘Time 100’ business leaders
  • Peeps partners with Kellogg’s, Dunkin’ on Easter products
  • Cybercrime a ‘true economy of scale,’ expert warns
  • EXCLUSIVE: Howard Schultz retains Republican adviser as Democrat dissent brews
  • Millennials lie the most on resumes – here are the most common fibs
  • What 2020 Democrats want to fund by repealing Trump’s tax cuts

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

9MarketIndicatorsYahooFinance4.17.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

RevitalizationDoesntHavecolorPartyStartsInHeartScottTurnerOpportunityZonesConferenceTrumpPlusMHMarketUpdates

We’ll briefly note that the video reflects 5 speakers, each one is noteworthy.  HUD Secretary Ben Carson was praised by President Donald J. Trump for his work in this endeavor. This will be followed by links to related reports.

 

Here is the official transcript for the opportunity zone conference remarks today. 

 

 

Eisenhower Executive Office Building
South Court Auditorium

2:15 P.M. EDT

THE PRESIDENT:  Thank you very much.  Please, sit down.  Please.  It’s a great honor.  I want to thank Larry.  He’s been fantastic.  We’ve had a lot of good luck together over the years, and he’s been — really, he stepped up to the plate.  And we’re zooming and our country is doing well.

We’re the hottest economy in the world.  We’re, by far, the biggest economy in the world.  We weren’t when I first came.  It was heading in the wrong direction and now we’re in the right direction.

Our trade deal with China is moving along and it’s moving along nicely.  And we’re asking for a lot of things.  And I have a feeling we’ll be successful, and it’ll be good for both countries.  But that’s moving along quite well.  You’ll be hearing about it very, very shortly.

Today, we are proud to be joined by state and local leaders from both parties, including mayors and county commissioners — people I know very well, in some cases.  In some cases — I hate to say it; probably shouldn’t admit it — people I’ve dealt with in my pre-life.  (Laughter.)  And there are a lot of professionals, I will tell you.  I know very well what you do and there’s great professionals.  Not easy.  Economic development offers — officers and tribal leaders and entrepreneurs and faith leaders.

Paula White, thank you very much.  You’ve been so helpful.  Thank you, Paula.  Pastor Paula.  She’s fantastic.

Thank you all for pouring your heart and your soul into rebuilding our communities and restoring hope in every part of our great land.  It’s what’s happening.

We’re here to celebrate Opportunity Zones.  And who would have thought this was going to be so successful?  Who would have thought?  When we first proposed the idea, they said, “Well things like this have been talked about but it never happened.”  But the numbers are incredible — what’s happened in a very short period of time.  It’s really a crucial part of our new tax law to help low-income Americans.

As you know, this vital provision gives businesses a massive incentive to invest and create jobs in our nation’s most underserved communities.

I want to thank Secretary Steven Mnuchin and Secretary Ben Carson, who were right here.  And they are.  (Laughter.)  They’re waving to me through the door.  (Laughter.)  And that’s okay.  Just stay there, fellas.  They’ve already heard from me.  (Laughter and applause.)  And they’re doing a great job, those two.  And for their tireless work on behalf of nearly 35 million Americans living in Opportunity Zones.  Tremendous community.

Since we passed our historic tax cuts and reforms just over one year ago, wages are rising fast, and they’re rising most quickly for the lowest-income Americans.  You know, you keep hearing about “for the wealthy.”  It’s not the wealthy.  It’s for — frankly, if you look at it, blue-collar workers, lower-income people are rising the fastest.

African American unemployment, Hispanic American unemployment, Asian American unemployment have reached the lowest levels in the history of our country.  (Applause.)  That’s great.  Right?

New jobless claims are the lowest in 50 years.  Private employers have added an average of more than 6,500 jobs every single day.  Think of that.  It’s amazing.  (Applause.)

And something I’m very proud of and worked very hard with Jared and everybody on was judicial reform.  And to give inmates a second chance at life, we passed the bipartisan criminal justice reform.  So many things have happened since that’s happened.  (Applause.)

And very interestingly, one of the things that we’ve done that has helped this so much — prisoners coming out, people don’t want to hire them — they just don’t want to hire them.  It’s got something — a stigma.  Call it whatever you want.  They weren’t being hired.  This is for — I would say, since our founding, very hard for prisoners.  This is the best they’ve ever done, by far.

They’re coming out and they’re having not only job offers, but they’re having choice.  And employers are coming back, and we sample them — I know some — and they are so thrilled with what they’re getting.  And I can’t say in every case, because that’s not the case no matter who you hire.  But they are thrilled.

I had one gentleman tell me — a man I know; a businessman — he said, “I’ve hired some people coming out of prison.  I never thought I’d be doing it.  I’m doing it, and they’re some of the best employees I have.”

And that was done because the economy is so strong.  Because, frankly, they’re having a hard time getting people.  And now they’re taking people that they wouldn’t have liked and they would have never taken, and they’re putting them in and they’re finding them to be phenomenal.

So it’s never happened before like it’s happening now.  People coming out of prison are getting a second and, in some cases, a third chance.

I’ve also signed the single-largest bill to combat the opioid crisis to help free Americans from the scourge of addiction.  There’s never been anything like it.  Over the last 10 years, what’s going on is incredible.  And we’re stopping them much more so at the border.  We will — as soon as the wall is built, it will have a tremendous impact.

And Border Patrol has been incredible.  Kevin is doing a great job.  We have an amazing group of people along the — on the border, and Homeland Security, generally.  ICE has been incredible, what they’re doing.  They’re taking MS-13 out by the thousands, who came into our country.  The gangs, rough people —  they’re getting them out.  So, ICE has been unbelievable.  And law enforcement, generally, has been just unbelievable, the job.  You know, our numbers are way down, meaning, in a positive way.  Crime is down very substantially from even a year ago.

And we want all Americans to share in our great economic renewal.  That’s why governors in all 50 states and the territories have designated 8,700 neighborhoods as Opportunity Zones.  Hard to believe: 8,700.

Household income in these communities is 37 percent less than the median income in a state as a whole.  So it’s 37 percent down, and we’re catching them fast.

In order to revitalize these areas, we’ve lowered the capital gains tax for long-term investment in Opportunity Zones all the way down to a very big, fat, beautiful number of zero.  (Applause.)  Zero.  That’s why they’re looking and they’re saying, “No, I don’t want to go there.  Maybe I don’t love the location.  I don’t want to go.”  And then they hear about the zero, and they’ll say, “I think I’m going to go there.”  (Laughter.)  And then they start liking the location, right?  Our great football player.  You are some player, huh?  I’ll never fight you, I promise.  That’ll never happen.  Great player.  Scott.

Our goal is to rebuild homes, schools, businesses, and communities that need it the most.  And we have just — I don’t know, we’ve hit something that’s very unusual.  This is a very surprising thing to everybody — even to me, to a certain extent.  You know, you do things.  Nobody thought it was going to catch on like it’s caught on.

So, here with us today is the Mayor of Vicksburg, Mississippi, George Flaggs, who over the last year has worked with private investors to save and create more jobs in his city.  Where’s George?  George, stand up.  Please, George.  (Applause.)  Thank you very much.  Thank you, George.

Mayor Flaggs, I want to thank you for your tremendous partnership.  You’ve really helped inspire us, I must say.  And you have done an incredible job.  And it wasn’t easy.  It wasn’t easy all the way.

And I’d like to ask, if I could — and I’ll get you up a second time, because I’d like to ask Mayor Flaggs to come up and say a few words about what this has meant.  And he really has been; he’s been a great leader.  And we appreciate your knowledge, giving us some of that knowledge.  Please, Mayor Flaggs.  (Applause.)

MAYOR FLAGGS:  Thank you very much.  Mr. President, thanks for the honor to be here this day.  And I will say first that I think we was the first Opportunity Zone that was created as a result of your tax cut and your — the other opportunities.

But let me just say this: As a mayor of a city and former legislator for 25 years, I’ve never seen any piece of legislation that allows more collaboration between federal, state, and local government.

And just to tell you what we was able to do: In Vicksburg, we have created — 54 percent of our new jobs and the new jobs in the state of Mississippi was created in Vicksburg, Mississippi, because of the economic opportunity we share here today.

But the other thing is that — I will never forget.  It was a plant that was built in 1889, and we was able to save that plant because technology had just worked its way out.  But it’s now called the Vicksburg Forest Products because of the fact we was able to go come to the White House and the state government and local government, and collaborate — use these Opportunity Zones, check all the boxes, and be able to put money in ourselves.  The City of Vicksburg — 24,000 people, rural as you get.  But, at the same time, we was able to save 125 jobs for the city of Vicksburg.  And let me tell you, that’s bread on the table.  That’s meat in somebody’s kitchen.  (Applause.)  And so we was able to do that.

So, Mr. President, we thank you.  (Applause.)

THE PRESIDENT:  Thank you very much, Mayor.  Fantastic job.  Fantastic job.  Thank you, Mayor.

Across the country, our tax cuts have kicked off a race to invest in Opportunity Zones beyond anything that anybody in this room even thought.  In counties with heavy concentration of Opportunity Zones, wages have risen by now — it seems that we were talking about 8 percent, but it looks like it’s going to be a much higher number than that.

Property sale prices in Opportunity Zones, if you have a home, have already skyrocketed by more than 20 percent.  Secretary Mnuchin estimates that private businesses will invest $100 billion in Opportunity Zones, and that’s going to be in a fairly short period of time.

To further support these communities, I recently established the White House Opportunity and Revitalization Council, chaired by Secretary Carson — who, by the way, is doing a fantastic job at HUD.  He’s really doing a fantastic job at HUD.  (Applause.)  Its mission is to marshal 16 federal agencies and coordinate dozens of existing federal programs to provide maximum support to Opportunity Zones.

And here with us today is a man who I knew through watching him on television, and he was a great football player.  He’s a businessman, he’s a former state legislator, and retired from the NFL after about 10 or 12 years or something.  Huh?

PARTICIPANT:  Nine years.

THE PRESIDENT:  Nine years.  That’s not bad.  Nine years.  Not bad.  That’s a long time in the NFL.

Scott Turner — a special man and a man who is really out there.  He’s working 25 hours a day.  He’s doing an incredible job.  Everybody loves him and they respect him.  They respect him a lot.  Come on up, Scott.  Come on up.  (Applause.)

MR. TURNER:  Well, good afternoon.  Thank you, Mr. President.  I appreciate your vision and your leadership on this.  And I just — a couple quick things I want to say.  You know, I have a lot of joy in my heart and a lot resolve in my spirit.  Joy because, as I look out on the room, what a great representation of our country, of the true heart of America and the culture of America.  And that brings me great joy.

I’m humbled to be here not because of the position, but because of the mission, because of the purpose that’s been set forth by the President and our great team here.

And I have a lot resolve because this is a big job.  There’s a lot of work to do.  As you can see, we’re all here.  There’s big ways —  big things to do, but I know that if we set our face like flint, we can do it.  And together we can do it.  This is the greatest team.  I’ve been able to play on a lot of teams — San Diego, Washington, Denver — but this is the greatest team because we have the opportunity to make a generational impact, us together.

See, revitalization doesn’t have a color.  It doesn’t have a party.  Revitalization starts in the heart of every man.  (Applause.)

And I’ll say that because, if we focus on the true mission and the people — the grandmothers, the grandfathers; the next generation coming out through us; the kids that are truant and now they’re working; the single mothers who now have a job — to restore dignity and hope in their family and in the community, that’s why I’m here.  And I believe that’s why you’re here.  So, Mr. President, thank you.  I’m ready.  I’m ready to go get it.  And I know you are.  So God bless you.  Thank you very much.  (Applause.)

THE PRESIDENT:  That was great.  Wow.  (Laughter.)  You’ve done that before, haven’t you?  Huh?  (Laughter.)  That’s pretty — you might be better at that than football, I think.  (Laughter.)  I hope.  Right?  I hope.  I think you will.

This new council will streamline existing programs to invest in economic development, workforce training, entrepreneurship, and safety in Opportunity Zones.

For example, the Department of Labor will target Opportunity Zones for prison reentry employment.  The Department of Housing and Urban Development is launching a new pilot program to support additional low-income housing in these areas.  And the Department of Justice will strengthen its comprehensive effort to address youth violence and crime.

We’re giving a very special jolt to making sure these areas are safe.  And that’s having already a very big effect and it’s very important.

Our message to distressed American communities is clear: Your government is 100 percent committed to bringing jobs and safety and opportunity back to where you live.  And in many cases, this is where you want to live.  You want to be there.  Some people were forced out by bad conditions and crime, and you’re now able to stay.  And you’ll stay in the area.  You know the people.  You love the people.  You’re with your family.  It’s, all of a sudden, getting much safer.  And a lot of things are happening.  Tremendous things are happening.

Today, we’re grateful to be joined by Neli Vazquez Rowland.  More than 20 years ago, she and her husband started a project called A Safe Haven, which provides people in crisis with housing and drug treatment, workforce training and jobs.  Neli has helped more than 100,000 men and women overcome poverty and achieve a better life.  It’s a very inspirational story.

Neli, please come up and tell us more about the work that you’ve done with respect to the Opportunity Zones.  Thank you, Neli.  Hi.  (Applause.)

Thank you.

MS. VAZQUEZ ROWLAND:  Wow.  What an amazing day.  My husband and I founded A Safe Haven 25 years ago with this day in mind.  I grew up in a poverty-stricken community, and my husband came home from the military, and both of us had encountered challenges in our lives.

And we are grateful that we had the opportunity to get access to good education and to get access to careers and finance, but it was never lost on us how lucky we were to get access to those types of opportunities.  So we decided that, after 13 years in financing, we wanted to give back.  We wanted to make a difference.

So we started looking at the issues of poverty and specifically looking at the issues of substance abuse.  And when we did our research, we realized, back in 1994, that the system was broken.  People that were in crisis and ended up in the system we found out had no way out, and we knew that we had to do something about it.  We had the financial wherewithal, thank God, and we had the knowledge and the ability to build something.

And we took the risk, and we decided to start investing in Opportunity Zones, in areas that had distressed properties and abandoned buildings.  And then we started renovating them, and we started furnishing them.  And we started letting people in crisis live there for free, as long as they followed the rules.

And what happened was transformative.  As we started to bring people in, we noticed that they started to get their lives back on track.  They started to get the treatment, the education, the job training that they’d been needing.  And at the end of the day, as the President mentioned, no one would hire them.  So what we did is we started businesses.

So, today, we have a landscaping company.  For those of you that have come to Chicago, you might recognize those beautiful medians on Michigan Avenue.  We employ hundreds of people doing those jobs.  We also have a catering business and we have a staffing business.  And you’re right: The employers are calling us.  We cannot fill those jobs fast enough.

So we’re grateful to be here today, Mr. President, and to thank you for everything you have done, between the opiate epidemic, the criminal justice reform, and now the Opportunity Zones.  Our work at A Safe Haven has just begun.  Thank you.  (Applause.)

THE PRESIDENT:  Great.  Thank you.  Thank you very much.  That’s exciting.  Real entrepreneur too.

At the heart of Opportunity Zones is a belief that every American community is worth cherishing, protecting, and renewing.  From rural towns to inner cities, we want to build new schools and factories, new roads and bridges, new hospitals and parks.  And that’s what’s happening all over.  We want to see loving homes, safe neighborhoods, and a gleaming Main Street.  And above all, we want every family to have the opportunity to live their great American Dream.

To every state, tribal, and community leader with us today — and we have a lot of them — thank you again for your commitment to restoring prosperity, patriotism, and pride across our beautiful nation.  God bless you all.  And God bless America.

Thank you all very much.  (Applause.)  Thank you.  Thank you.  Thank you, everybody.

END

2:34 P.M. EDT 

 

Related Reports:

Economic Opportunities Loom, Infrastructure and Opportunity Zones

HUD Secretary Ben Carson Sounds Off on Housing Market, Opportunity Zones, More

 

 

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).

4.17.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

Wells, Chase, Citi Mortgage Lending Plunges, Plus Manufactured Home Stock Updates

April 16th, 2019 No comments

CNNmone4.16.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe Daily Business News on MHProNews will take step back in time to January 19, 2019, when Andrea Riquier with MarketWatch reported on a noteworthy trend.  This will tee up the first of a periodic series of reports on what Harvard’s Eric Belsky called the ‘life blood’ of housing, financing.  On a day when the markets generally rose, as the stocks tracked here from MHVille were mixed, we’ll look at Riquier’s data to see what insights it offers for manufactured housing industry professionals, watchers, and investors.

 

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…

  • America has too many stores
  • 6,000 stores have already closed this year. That’s more than all of last year
  • Millions of people globally can’t access the internet. Amazon wants to change that
  • ANALYSIS Tech companies have a major ‘live’ problem
  • ‘The Hunchback of Notre-Dame’ sales soar on Amazon France
  • Casper has woken up the bedding industry
  • Sony’s next PlayStation: Here’s what we know
  • LIVE UPDATES Stocks close slightly higher, boosted by Qualcomm rally
  • Huawei’s rise to the top wasn’t pretty
  • Aston Martin unveils its first electric car
  • How to job search without losing your current job
  • Buttigieg campaign in talks with Fox News to host televised town hall
  • Best Buy’s new female CEO will join a growing — but still minuscule — club
  • Apple and Qualcomm drop all of their legal disputes
  • Netflix is nearing 150 million subscribers
  • France’s 3 richest families lead $700 million fundraising effort for Notre Dame
  • Why I’m not quitting Facebook yet
  • New Zealand’s privacy commissioner calls Facebook ‘morally bankrupt’
  • AOC quit Facebook. Welcome to the club, Congresswoman
  • Leaving Facebook makes people happier but less informed, study says
  • The world is coming after Silicon Valley. Tech companies must evolve to survive
  • How Best Buy’s outgoing CEO rescued the company
  • Caesars takes a bet with new CEO
  • Mattress Firm loses CEO
  • Wells Fargo’s CEO is out. Here’s how the bank can end its crisis
  • Netflix’s Reed Hastings to depart Facebook’s board

Select Bullets from Fox Business

  • T-Mobile, Sprint shares drop amid DOJ opposition to $26B merger
  • Stocks up despite health care company worries
  • Former Google CEO ‘absolutely convinced’ AI will create ‘huge jobs shortage’
  • Apple, Qualcomm settle royalty litigation, Qualcomm shares soar
  • FAA safety panel certifies training for Boeing Max software update as investors call for board revamp
  • Netflix earnings rise in 1Q but pace of new US subscribers slows
  • What 2020 Democrats want to fund by repealing Trump’s tax cuts
  • Stop & Shop strike: What to know
  • WATCH: Ocasio-Cortez suggests cutting Israel aid. Gen. Jack Keane says ‘It’s money well spent’
  • Bernie Sanders wants to impose a Wall Street speculation tax: What to know
  • Tiger Woods to earn Medal of Freedom after Masters win, joins star-studded list of athletes
  • Apple joins Louis Vuitton, Gucci owners in pledge to rebuild Notre Dame after fire
  • US, China making good progress ‘across the board,’ Larry Kudlow says
  • NY congresswoman AOC refuses to meet with banks’ top brass
  • illennials lie the most on resumes – here are the most common fibs
  • Alibaba’s Jack Ma calls 12-hour days a ‘blessing,’ argues for 72-hour work week
  • Here’s how much wealthy Americans pay in taxes
  • What you need to know if you miss the tax deadline
  • These taxpayers have extra time to file this year
  • AT&T sells Hulu stake, values video service at $15B
  • United joins American, Southwest in canceling Boeing Max flights
  • Foxconn chair Terry Gou says he may run for Taiwan president, step back from daily business
  • CBS-Viacom merger talks back on delaying Moonves replacement
  • Charlie Kirk: Why China is America’s greatest enemy
  • 5G race full-speed ahead: Misguided attempt to nationalize is over, for now
  • Notre Dame fire strikes the heart of Paris: Varney

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

9MarketIndicatorsYahooFinance4.16.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

WellsChaseCitMortgageLendingPlungesPlusManufacturedHousingStockUpdatesDailyBusinessNewsMHproNews

Visiting a bank to get a mortgage? You’re in the minority,” wrote Andrea Riquier. “With earnings from three of the four biggest banks in, one metric stands in sharp relief. Mortgage lending just keeps plunging.”

Here are some key pull quotes.

 

  • In the fourth quarter, mortgage originations at Citi were down 23% compared to a year ago. At Wells Fargo WFC, they were 28% lower, and at JPMorgan Chase JPM, they were down 30%.
  • What’s going on? Here’s how JPMorgan CFO Marianne Lake described it in her prepared remarks to analysts Wednesday: “Home Lending revenue was down 8%, driven by lower net production revenue in a low volume highly competitive environment.”
  • In other words, fewer people want to take out mortgages from us, and those who do aren’t as profitable for us.

 

This is relevant to manufactured housing on numerous levels.  Let’s note first that Wells Fargo, which Berkshire Hathaway has a serious stake in, has routinely been among the top 3 lenders on manufactured homes for some time.

  • First, it is outrageous that during an affordable housing crisis, that manufactured homes have been in a 6-month downturn. That’s an indictment on the industry’s big boy leaders, no matter how you want to spin it.  When some 80 percent of the production is produced by three firms covered in our report below, that’s a financial finger wagging in their faces.
  • While MHProNews has a report out of Michigan that suggests that the downturn might mitigate in the March shipment numbers, even if there is a rise, that will still be tepid compared to shipment levels from 20 years ago.
  • Part of the issue that the Manufactured Housing Association for Regulatory Reform (MHARR) and others point to is related to financing of manufactured homes. See a recent MHARR report, linked here.

 

Back to what MarketWatch said then…

 

  • Banks spent the early years of the post-financial crisis recovery fleeing the mortgage market. But more recently, it’s felt a little like the mortgage market is fleeing from banks. Mortgage lending is down, mostly because there aren’t enough houses for people to buy to sustain a healthy housing market – although rising rates aren’t helping either. Also thanks to those higher rates, the long refinance boom is over.
  • Among those people who do find houses to buy or a reason to take out a different mortgage, more are using “non-banks” like Quicken Loans and LoanDepot than old-fashioned deposit-taking institutions. As of the end of last year, 59% of all mortgages were made by non-banks, according to Urban Institute data.

 

MHProNews’ publisher L. A. ‘Tony’ Kovach wrote a column called “The High Cost of Low Volume Sales.” The Texas Manufactured Housing Association (TMHA) were among those that reproduced that article. A flashback on that is linked here.

Here at MHProNews, we follow the money trail, the fact, evidence, and logic and ask the questions that no one else in our industry’s trade media are writing about.  Perhaps that’s why sources indicate our readership is greater than the next 3 trade publishers combined.  Bold claim? Perhaps, but it happens to have evidence to back it up.

 

CaseyMackTonySoheylaMHProNewsTeamFirstCallDailyBusinessNewsMHProNews

MHInsiderDailyBusinessNewsMHProNewsTunicaShow2019Day2

A photo of another rack at Tunica appears almost untouched. The industry’s pros, given a choice between fluff and reality, routinely chose the real deal. 

DarrenKrowleksiPage5MarApr2019MHInsiderLogoFalseClaimMHVillegeLogoDailyBusinessNewsMHProNews

We call on our industry to be candid, fair, accurate. When we see misleading, inaccurate, or arguably false reporting – our readers know that we will call out the ‘powers that be’ without favor.

2018-12-10_0949SkyChampionManufacturedHousingShipmentHistoryDailyBusinessNewsMHProNewsNov2018

It is self evident to those who look at history and the facts that the industry is under-performing. Several MHI member companies have said as much, in their own IR presentations. Rollohome went from zero to 60,000 new homes shipped in 2 years. What was done before can be done again, better, faster, and with sustainable results, thanks to existing laws.

The industry’s investors ought to be demanding answers from the Big 3, and their ‘big boy’ association, the Manufactured Housing Institute (MHI).

Why?  To begin to answer that, consider the 4 linked articles, below.  For investors that are looking for answers, you’ve arguably come to the right place.

 

Related Reports:

 

HBO’s John Oliver on Last Week Tonight Mobile Homes Video, Manufactured Home Communities Fact Check

 

MarketWatch Reports on Manufactured Housing, 2018-2019

 

Why is Seattle Dying? Affordable Housing, Misplaced Compassion, and Manufactured Homes

 

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

 

 

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).

4.16.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

What Tiger Woods, Nike Can Teach Manufactured Housing Leaders, Plus MH Market Updates

April 15th, 2019 No comments

CNNmone4.15.2019ManufacturedHomeStocksMarketsReportsMHProNewsIt was over a decade since Tiger Woods had won a major tournament. It took Nike only hours to put together a commercial video that celebrated his win and did so in a manner that we a good reflection on their company and target market.  On a day when most industry tracked stocks and the markets at large slid, we’ll take a quick look at what Tiger Woods and Nike can teach manufactured housing industry leaders.

 

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…

  • A dramatic turnaround
  • A Russian company was under US sanctions. Now it’s sinking $200 million in a Kentucky mill
  • As it prepares to go public, Uber tells investors an upcoming safety report could damage its brand
  • How Best Buy’s outgoing CEO rescued the company
  • LIVE UPDATES US stocks close lower, dragged down by mixed bank earnings
  • YouTube mistakenly links Notre Dame fire to September 11 attacks
  • PERSPECTIVES NATO countries need to stop China from winning the 5G race
  • The surging stock market isn’t enough to boost revenue — or bonuses — at Goldman Sachs
  • Apple and Qualcomm face off once again in court
  • How the tax law changed America
  • TurboTax is crushing H&R Block in tax prep
  • Pulitzer Prizes awarded to local newsrooms that grappled with mass shootings
  • Europe is ready to discuss trade with the US, but talks may already be doomed
  • Tiger Woods’ Masters victory made Nike a winner
  • ANALYSIS Notre Dame was burning and all the world could do was watch together
  • Season 8, Episode 1
  • Kit Harrington, Emilia Clarke
  • ‘Game of Thrones’ hits a new ratings high with season 8 premiere
  • Samsung’s foldable Galaxy phone pre-sales have begun
  • Best Buy announces Corie Barry will be its new CEO
  • Former Volkswagen CEO charged with fraud
  • Reed Hastings to depart Facebook’s board
  • Xiaomi’s founder got a nearly $1 billion bonus
  • Jeff Bezos made $81,840 last year. He’s still the richest person in the world
  • One of China’s richest men endorses 72 hour work week
  • What workaholic bosses want you to know
  • How to handle an after-hours work request
  • Why business leaders need more sleep
  • How to know what it’s really like to work at a company

Select Bullets from Fox Business

  • NY congresswoman AOC refuses to meet with banks’ top brass
  • Elizabeth Warren, Ocasio-Cortez among Dems targeting complicated tax filing process
  • Fannie Mae, Freddie Mac executive pay in Elizabeth Warren’s crosshairs
  • WATCH: Disney and Coca-Cola team up for ‘Star Wars’
  • Tax Day: Tips for 50M last-minute filers
  • The IRS expects to receive more than 33 million returns throughout the coming two weeks.
  • Best Buy names Corie Barry CEO: 5 things to know about the retailer’s first female leader
  • Millennials lie the most on resumes – here are the most common fibs
  • Alibaba’s Jack Ma calls 12-hour days a ‘blessing,’ argues for 72-hour work week
  • Notre Dame Cathedral in Paris engulfed in flames
  • Masters Tournament purse breakdown: A look at the winner’s share
  • Pete Buttigieg’s views on taxes, health care and the US economy
  • Tax Day deals: Check out these freebies and discounts
  • Tax season tips: How to file for an extension
  • These taxpayers have extra time to file this year
  • Mnuchin on Democrats demanding Trump tax returns: IRS won’t be weaponized
  • United joins American, Southwest in canceling Boeing Max flights
  • Lindsey Graham to introduce immigration legislation, calls current laws ‘insane’
  • Buying a summer home? Here are 7 beach towns you can actually afford
  • Ex-Nissan chief Carlos Ghosn ‘not healthy,’ wife says[overlay type]
  • Ex-Nissan chief Carlos Ghosn ‘not healthy,’ wife says
  • Russia’s Rusal makes $200 million Kentucky aluminum investment
  • Charlie Kirk: Why China is America’s greatest enemy
  • Small business needs permanent tax cuts
  • Trish Regan: Nancy Pelosi’s hypocrisy on sending immigrants to sanctuary cities

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

9MarketIndicatorsYahooFinance4.15.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

WhatTigerWoodsNikeCanTeachManufacturedHousingLeadersPlusMHMarketUpdates

 

During years of dark days, Nike stood by Tiger Woods.  When Tiger won the Masters, within hours, Nike had a video commercial ready to celebrate the event. On a day when the markets were largely down, Nike was up, said MarketWatch.  NKE, +0.68%. ‘

 

Tiger Woods, battling back from an injury- and scandal-ridden decade that almost derailed his career for good, just accomplished what many believed to be an impossibility: his fifth Masters victory,” said MarketWatch.

In one of the greatest comeback stories in the history of sports,” MarketWatch said, “Woods earned the famed green jacket on Sunday by shooting a 13-under par 275 to finish one stroke ahead of Dustin Johnson, Xander Schauffele and Brooks Koepka.”

DonaldTrumpBarackObamaCheeringTigerWoodsWinTweetsMHProNews

It is a subject that people are talking about. Why doesn’t MHI jump on the topics that people are talking about?  The specific parallel is shown below. 

The takeaway here is simple.  Nike saw a headline, and they jumped on it.  In their case, the headline was a positive one, and they made the most of it.  It’s buzzing on social media.

Why doesn’t the trade association that says it represents “all segments of factory-built housing” – the Manufactured Housing Institute (MHI) use a similar principle?  Why don’t they have a rapid response team that jumps on good headlines, and strikes back to correct bad ones?

MHI has a much larger staff and budget than this platform and our sister site, MHLivingNews.  But by rapidly responding to the Last Week Tonight with John Oliver “Mobile Homes,” our sister site has ended up page one, near the top on that search term.

 

LastWeekTonightJohnOliverMobileHomeMHLivingNews2019-04-15_1129GooglSearchMHProNews

 

Instead, Frank Rolfe, who ironically was tagged by Oliver in that video, ended up quite correct about this prior critique of the trade association he is now a more muted member of, MHI.

 

 

ICYMI, see the two reports linked below, that point once more to reasons why manufactured housing is underperforming.  Congratulations to Woods, and may more manufactured housing leaders learn the never quit, and “just do it” response lesson.

Related Reports:

HBO’s John Oliver on Last Week Tonight Mobile Homes Video, Manufactured Home Communities Fact Check

Why is Seattle Dying? Affordable Housing, Misplaced Compassion, and Manufactured Homes

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

4.15.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

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

Announcements Speeding 5G, Plus Manufactured Home Stock Updates

April 12th, 2019 No comments

9MarketIndicatorsYahooFinance4.12.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNewsPresident Donald J. Trump and the Federal Communications Commission (FCC) Chairman Ajit Pai made several announcements today about 5G. On a day when the markets largely rose, as did much of the manufactured home industry’s tracked stocks, our focus will be the importance and looming economic impact of 5G.

 

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…

  • Disney’s plan to beat Netflix: Access to hugely popular TV and movies – at a shockingly low price
  • The five most important things to know about Disney+
  • Autopilot will now be a standard feature on most Tesla cars. But drivers will have to pay for it
  • Walmart wants to become a big advertising player like Amazon
  • LIVE UPDATES Campbell Soup sells Bolthouse juice brand
  • SoftBank and Saudi Arabia are big winners from the Uber IPO
  • Wells Fargo’s bottom line is growing despite shrinking deposits and loans
  • Chevron is making $33 billion acquisition to expand its natural gas and shale operations
  • Fred’s is closing nearly 30% of its stores
  • Southwest Airlines plans for a summer without the 737 Max
  • Jamie Dimon: Banking sector pays employees better than others
  • Behind the wheel with Ferrari’s top test driver
  • SpaceX’s Falcon Heavy rocket launches first paid mission and lands all three boosters
  • How fans are bracing for life after ‘Game of Thrones’
  • Shopping Content by CNN Underscored
  • Apple’s HomePod is now $50 cheaper
  • GM to reveal a radically new Corvette
  • ‘Star Wars: Episode IX’ trailer is finally here
  • This company uses AI to flag racist and sexist comments from potential hires
  • Amazon reportedly pays workers to listen to Alexa conversations
  • What Bezos said in his letter to investors
  • Jeff Bezos has made the same salary for two decades
  • Employees pressure Amazon to release climate change plan
  • Amazon plans to take cash at cashierless ‘Go’ stores
  • Interviewing for a new job? Here’s the best time to bring up salary
  • You messed up at work. Now what?
  • Why the way you accept praise at work matters
  • How to buy stocks that pay you back
  • When are you too old to start investing?

Select Bullets from Fox Business

  • FCC chief: Banning Huawei protects 5G
  • WATCH: Trump says 5G will create astonishing opportunities
  • Stocks rise to 6-month high on bank earnings, Chevron deal
  • ObamaCare architect dismisses possibility of single-payer health care
  • WikiLeaks founder Julian Assange protected by first amendment: Judge Napolitano
  • Starbucks braces for Democratic backlash as Howard Schultz mulls 2020 run
  • AOC suggests the IRS should do your taxes for you
  • ‘Star Wars’ movies on hiatus after ‘The Rise of Skywalker,’ Disney CEO says
  • Americans are getting over yogurt. Here’s why
  • GE pays $1.5b to settle with DOJ over fraudulent subprime loans
  • A ‘new era’ of retirement: This is what it means for you
  • Buying a summer home? Here are 7 beach town you can actually afford
  • GOP senators shouldn’t count out Herman Cain for the Fed: Kevin Hassett
  • How much Amazon would pay under Elizabeth Warren’s newest tax proposal
  • Ocasio-Cortez defending Omar over 9/11 comments is ‘incomprehensible,’ Fmr. DNC chairman says
  • Disney details ‘Disney+’ streaming service to launch on Nov. 12
  • Here’s how much your tax info is worth on the dark web
  • Uber IPO: Drivers get cash payouts for long service
  • Rising gas prices at the pump: What you need to know
  • Democrats must surely be embarrassed by the young insurgents: Varney
  • Billionaire Dalio’s Ocasio-Cortezesque tax-the-rich rant: Socialism’s biggest lie

 

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

YahooFinanceManufacturedHousingCompValue3.8.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

AnnouncementsSpeeding5GPlusManufacturedHomeStockUpdatesDailyBusinessNewsMHProNews

Let’s tee up the CNBC pull-quotes and video re: 5G.

It’s been over decade since smartphones began to transform how Americans access the internet and communicate.  It would be hard to imagine for most professionals to give up their web-connected smart devices.

Businesses with websites know that online searches via smartphones have surged in recent years. Search Engine Land says “According to official Google statements, more than 50 percent of search queries globally now come from mobile devices.”

That sets the stage for some of the reasons why 5G is a big deal for every business that has any ties to the internet.

With that backdrop, let’s dip into what CNBC had to say about the Friday afternoon announcements.

 

The 45th president and FCC commissioner made several announcements today to accelerate 5G deployment in the U.S.

  • President Donald Trump and the FCC on Friday announced several initiatives to spur 5G network growth in the U.S.
  • The race to 5G is on and America must win,” President Trump said, noting that 92 5G markets will be ready by the end of the year, outpacing South Korea, which is on pace to have 48 markets live by the end of 2019.
  • It’s [a] race our great companies are now involved in,” President Trump said. “According to some estimates, the wireless industry plans to invest $275 billion in 5G networks, creating 3 million American jobs quickly, and adding $500 billion to our economy.”
  • Unlike 4G LTE, which mainly targeted mobile phones, tablets and computers, 5G is also expected to enable more reliable connections on self-driving vehicles that will need a constant data connection, and smart cities that use “Internet of Things” devices, such as connected street lamps, traffic lights and more.
  • AT&Tand Verizon already have fledgling 5G networks in the United States, and T-Mobile and Sprint plan to activate their networks later in 2019. Only one phone from Motorola, offered on Verizon, supports 5G in the U.S. right now.
  • The FCC aims to create a $20.4 billion Rural Digital Opportunity fund,” to “extend high-speed broadband to up to 4 million homes and high-speed businesses in rural America,” FCC chairman Ajit Pai said.
  • To accelerate and incentivize these investments, my administration is freeing up as much wireless spectrum as needed,” President Trump said. ”[We’re] removing regularity barriers to the buildout of networks. The FCC is taking very bold action, bolder than they’ve ever taken before, to make wireless spectrum available.”

 

Pai addressed the crackdown on Huawei’s equipment for use in 5G networks across the U.S. and Europe.

  • We believe that the security and reliability of 5G is absolutely important, not just as a matter of national competitiveness, but also as a matter of national security,” Pai told CNBC’s Eamon Javers. “I have been very encouraged by my conversations with our European allies all across the continent about the importance of security and 5G networks. The need to have a framework to understand the risk profile of certain equipment and services is something most allies recognize and it’s just a collaborative process of making sure that we have a framework that works for everybody.”

Related Reports:

 

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).

4.12.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

Stephen Moore Would Challenge Fed’s ‘Growth Phobia,’ Plus Manufactured Home Equities Updates

April 11th, 2019 No comments

CNNmone4.11.2019ManufacturedHomeStocksMarketsReportsMHProNewsMost manufactured home tracked stocks rose, while the major markets mostly slid today.  Properly understood and promoted, HUD Code manufactured housing out to do well in good times or bad, because there is always a need for affordable homes.  That said, our feature this evening is another follow up for the pending Trump Administration nominees to the Federal Reserve Board.  Herman Cain – however qualified – is hitting serious headwinds, and it includes some of the very factors we raised last week. Stephen Moore, might have the easier path.  Two items woven together this evening, one from Fox, and one from Bloomberg – both sides of the left-right aisle, which includes an insightful video interview with Moore are our features 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…

  • Amazon stands to gain from Sears’ demise
  • Hundreds of Sears stores stand empty. Whole Foods and Amazon are looking to move in
  • Jeff Bezos made $81,840 last year. He’s still the richest person in the world
  • What Bezos said in his letter to investors
  • LIVE UPDATES Google loses its VP and diversity chief
  • Tesla and GM electric car sales could get a big boost if this bill passes
  • Wall Street taught oil drillers restraint. That could lift oil prices
  • White House economist refuses to back Trump’s pleas for rate cuts
  • Julian Assange’s arrest could end as a test for press freedom
  • How a Russian-owned media outlet landed the first video of Julian Assange’s arrest
  • PERSPECTIVES I served in the Army for 35 years. Veterans have the skills that businesses need
  • Europe is about to get a bitcoin debit card
  • Why Ikea is opening a tiny store in New York
  • How to buy stocks that pay you back
  • It’s only April and Disney has already had a massive year at the box office
  • Bank of America will hike its minimum wage to $20
  • INTERACTIVE The US minimum wage through the years
  • American hiring bounced back in March, but a slowdown still looms
  • How tight is the job market? Taco Bell is throwing ‘hiring parties’
  • SpaceX faces a key test in the upcoming launch of its biggest rocket
  • NASA says it’s committed to Boeing-built rocket after considering alternatives
  • Why space is becoming a dangerous place to do business
  • She turns Elon Musk’s bold space ideas into reality
  • Why Florida still dominates the space launch game

Select Bullets from Fox Business

  • Elizabeth Warren’s new corporate profits tax would cost Amazon $698M, she says
  • Alexandria Ocasio-Cortez suggests the IRS should do your taxes for you
  • Taxpayers still outraged over IRS refund amounts as tax deadline draws near
  • Herman Cain’s Fed board bid in jeopardy, as GOP senators signal dissent
  • A ‘new era’ of retirement: This is what it means for you
  • Americans are getting over yogurt. Here’s why
  • AAF faces class-action lawsuits from players, employees after collapse: Report
  • Tesla, Panasonic halt Gigafactory expansion amid sagging vehicle demand: Report
  • Wells Fargo CEO drama eclipses struggling business
  • Masters Tournament concessions menu prices: Why food, drinks are so cheap at Augusta National
  • Masters Tournament’s green jacket: A mysterious sports symbol worth millions
  • Masters Tournament purse breakdown: A look at the winner’s share
  • Banks were ‘stupid’ during housing meltdown: Fmr. FDIC Chair
  • Fed pick Stephen Moore pushes free markets despite leftist backlash
  • The National Enquirer is up for sale after Jeff Bezos scandal
  • What ‘Game of Thrones’ finale means for HBO’s future
  • Massive IRS refund a mistake? Here’s what to do
  • There could be legal ramifications for spending money that isn’t yours.
  • Tax season tips: How to avoid an audit
  • Taxpayers in these cities tend to get larger refunds
  • Trish Regan: House Dems attack AG William Barr over Mueller report findings
  • What Beto O’Rourke gets wrong about the middle class and American wealth
  • The Federal Reserve needs (Stephen) Moore transparency
  • Trump is hitting the ‘reset button’ on DHS: Former acting ICE Director Tom Homan
  • Bernie Sander, Elizabeth Warren reveal wealth amid tax push
  • Bob Doll on US markets: We have to consolidate for a bit
  • Ray Dalio gives Connecticut $100 million, state’s largest gift ever
  • James Patterson donates $1.25 million to classroom libraries
  • Ken Griffin single-handedly boosted Manhattan’s real estate with $238M condo purchase

 

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

9MarketIndicatorsYahooFinance4.11.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

 

StephenMooreWouldChallengeFedsGrowthPhobiaPlusManufacturedHomeStocksUpdate

There is no question that media is often tainted by spin from one side or the other of the political aisle, that’s why we often use that left-right media divide graphic noted further above.  That said, we are not among those who think that every report from every source is tainted. Having communicated with journalists for years, it is fair to say that some truly want to get it right, while others want to frame a story to fit an obvious or hidden agenda.

 

In our case, at MHProNews, w have and continue to state our agenda.  We’re pro-manufactured homes as a proven affordable housing solution. That means we are pro-industry growth, as well as pro-consumer, the final point made by MHI’s former President in a column linked here

While we are long-time professionals in our industry, our understanding has grown and evolved over time as to what the industry’s core problems are for underperformance. Articles like those linked here, here, or here explain some of that evolution.

The economy was propped up in part during the Obama Administration due to Fed policies like QEs. Those are being unwound during the stronger economy now.

With that tee up, there is little doubt, as Moore himself said, that the Fed was a factor in the headwinds near the end of last year.  MHProNews would say, there is more too it than that – pardon the pun – but the Fed was an avoidable, artificial headwind.

Two largely useful inputs on the Stephen Moore and the Federal Reserve issue.  The video is from Bloomberg, the commentary is an Op-Ed on Fox Business.   Each source is a useful bookend on this topic.

 

The Federal Reserve needs (Stephen) Moore transparency

By Adam Brandon

Potential Federal Reserve Board nominee Stephen Moore discusses his outlook for the U.S. economy and why the December rate increase was a mistake.

In choosing Stephen Moore as a potential nominee to serve on the Federal ReserveOpens a New Window. Board of Governors, President TrumpOpens a New Window. made a good faith gesture to the American people to bring more transparency to the Federal Reserve.

The Trump administration promised to “Drain the Swamp” and to hold Washington accountable to the American people. Without a doubt, a Fed board with Stephen Moore will bring us one step closer to achieving that goal. Moore would certainly shake things up as a fierce advocate of the taxpayer, and a vocal critic of the Federal Reserve. This, of course, makes him an enemy of the Swamp.

What is the Federal Reserve doing behind closed doors? This question has been asked countless times by economists wary of the government institution behind the wheel of the American economy.

When the Federal Reserve plays with money supply and interest rates, it changes the strength of the U.S. dollar and wreaks havoc on savings and investment. The Federal Reserve chairman is one of the most powerful officials in Washington, if not the global economy, and few citizens know his name.

It is correct to be skeptical of any government-run entity holding tremendous power with almost no transparency or oversight. The Federal Reserve is an independent central bank, but that doesn’t give it license to be a closed-door, secretive bank.

Moore is exactly the type of economist and thought leader the Fed board desperately needs. He spent years at nonprofit advocacy groups and think tanks, fighting to bring more transparency and accountability to Washington.

He is a former senior economist on the Congressional Joint Economic Committee, a former member of the Wall Street Journal editorial board, and currently a senior economist at FreedomWorks. He assisted two presidential administrations with economic research and advice. He is one of the most established intellectuals in the field of economics today.

The Washington establishment has done its worst to sabotage Moore in the media. Once again, a cabal of left-leaning consultants, lobbyists, lawyers and politicians are colluding together to protect the status quo at the expense of the rest of us. They are attacking Moore’s professional history, and his personal life.

They know Moore is not afraid to shake up “business as usual” in Washington, and they are trying to smear and ridicule him into silence. It’s not going to work this time.

With 35 years of experience as an economist, Moore is used to scrutiny. His platform as a syndicated columnist and network news commentator has allowed him to deliver a free-market message to millions of Americans nationwide. His public persona forced him to defend his economic analysis daily, often during hostile interviews and live debates.

Moore’s background as a visible communicator makes his record completely transparent and allows the Senate to know exactly where he stands. They know he will be a voice on the Fed board that sticks up for the American consumer and businesses. They know he believes in the pro-growth policies that are currently propelling the U.S. economy upward.

Moore would also bring a much-needed contrarian viewpoint to the Federal Reserve Board as they govern monetary policy. The Federal Reserve currently has a groupthink problem, and Moore is the solution. Unlike the current Fed board, Moore doesn’t believe economic growth causes inflation. He believes in promoting private sector growth, rising wages, job creation and a strong dollar.

The Senate must ignore the distractions and sideshows perpetuated by this Democrat-led smear campaign and proceed with Moore’s confirmation. A Federal Reserve Board of Governors with Stephen Moore would solidify a bold new path forward for Washington, one that puts the American people and U.S. economy first.

Adam Brandon is president of FreedomWorks.

 

Related Reports.

Art Laffer on POTUS Trump’s Federal Reserve Board Picks, Plus MH Market Updates

Former Godfather CEO, GOP POTUS Contender Herman Cain to Join Fed? Plus, MH Stock 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).

4.11.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

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

President Trump Remarks to Union, Signs Executive Order on Energy & Infrastructure, Plus MH Market Updates

April 10th, 2019 No comments

CNNmone4.10.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere are numerous ties between energy sector jobs and factory-built housing. UMH Properties (UMH), to name but one example, has a significant location count in the Marcellus region.  Several producers are keen on workforce housing, or retailers who sell homes to those who work in the energy sector. On a day when the majority of manufactured home tracked stocks rose, this evening, we’ll spotlight the 45th president’s comments to union workers in the energy pipeline sector as our feature 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…

  • Xerox is soaring
  • One of 2019’s top stocks is a 113-year-old company
  • Where to put your money when earnings are weak
  • Stocks: What’s there to worry about?
  • Disney to test its power with new streaming service
  • Under pressure, Amazon plans to accept cash at cashierless ‘Go’ stores
  • INTERACTIVE The US minimum wage through the years
  • Mattress Firm loses CEO
  • House votes to restore net neutrality rules
  • Patagonia sues Anheuser-Busch for selling beer that bears its name
  • SpaceX faces a key test in the upcoming launch of its biggest rocket
  • PERSPECTIVES Why we’re still years away from a robocall-free future
  • Interviewing for a new job? Here’s the best time to bring up salary
  • Amazon employees put pressure on Jeff Bezos to release climate change plan
  • YouTube TV prices are going up to nearly $50 a month
  • Walmart is selling 98¢ reusable bags to cut down on plastic
  • There’s trouble in OPEC. Oil prices are up 50%
  • Does OPEC really control oil prices?
  • America should embrace wind power, Washington governor says
  • Trump to sign executive orders meant to free up oil and gas pipeline development
  • 5G IS HERE
  • D8870R The Chicago skyline seen from Hancock tower
  • Looking for 5G? Here are the US cities that have it
  • How 5G will transform manufacturing
  • Farmers are using 5G sensors and drones
  • The countries leading the way on 5G
  • Verizon launches first 5G phone you can use on a 5G network in US

Select Bullets from Fox Business

  • Mnuchin doesn’t think Fed’s Powell is ‘wrong person’, despite Trump criticism
  • Fed minutes reaffirm patient approach to interest rates in 2019
  • Bernie Sanders unveils new Medicare-for-all bill
  • US bank CEOs voice support for independent Fed, decline to discuss Moore, Cain appointments
  • Chase CEO Jamie Dimon defends bank’s firearm policy
  • Elizabeth Warren, 2020 presidential hopeful, releases 2018 tax returns
  • Masters Tournament’s green jacket: A mysterious sports symbol worth millions
  • IRS chief grilled over tax credit for low-income working families
  • Masters Tournament purse breakdown: A look at the winner’s share
  • Fed ‘growth hawk’ Stephen Moore: Economists getting economy all wrong
  • Retirement realities: What’s in, and what’s out
  • Pelosi can’t steer Democrats away from unworkable, socialized medicine: Rep. Brady
  • Mansion once owned by oil heir William Getty sells for $27M
  • Ford issues recall for 327,000 previously serviced F-150, Super Duty trucks
  • New Yorkers want Amazon to reconsider its HQ2 pullout
  • American savers have lost roughly $500 billion because of low interest rates
  • Disney to provide post-Fox merger outlook, detail new streaming service
  • 10 cities in danger of a housing crash this year
  • Top company founders who didn’t graduate from college

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

9MarketIndicatorsYahooFinance4.10.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –


PresidentTrumpRemarksUnionExecutiveOrderEnergyInfrascturedPlusMHMarketUpdates

This event took place less than an hour ago and is a testament to how much more rapidly video embed codes can be obtained for certain events. 

 

President Donald J. Trump signed two executive orders to speed the process for getting permits approved or denied. 

Among the interesting points of this video is that George Prescott Bush Commissioner of the Texas General Land Office attended the signing. This Bush is corporate lawyer, former U.S. Navy Reserve officer, real estate investor, and the only family member who has a warm relationship with POTUS Trump.

We’ll note as usual that as political independents, we believe in policies that are good for the people and businesses alike. We also believe that affordable housing – and the creation of good jobs – are ideally bipartisan or non-partisan.  See the related reports, linked below.

Related Reports:

Democrats, Republicans Agree – “Manufactured Homes Can Play a Vital Role in Easing” the Affordable Housing Shortage

HBO’s John Oliver on Last Week Tonight Mobile Homes Video, Manufactured Home Communities Fact Check

 

 

 

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).

4.10.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

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

Short History Of Taxation in U.S., Infographic, Plus Manufactured Home Equities Updates

April 9th, 2019 No comments

On a day that saw each major index drop, and almost all manufactured home tracked stocks fall, with Tax Day approaching, we thought we’d feature a short history of U.S. taxation infographic.  Not perfect, but it is fascinating.

 

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…

  • Here’s what’s scary
  • Nobody on Wall Street is afraid. That’s not good
  • Rising wages are good for consumers, but not investors
  • Airlines have completely stopped ordering the 737 Max
  • American Airlines cuts sales forecast due to 737 Max crisis
  • LIVE UPDATES Under Armour is down 5% for whatever reason
  • $4 gas is nearly a reality for many Americans
  • Standard Chartered is paying $1.1 billion for US sanctions violations
  • There’s trouble in OPEC and oil prices are up 50%
  • Racist comments flooded YouTube livestream of congressional hearing on white nationalism
  • US threatens tariffs on $11 billion of European goods over Airbus subsidies
  • Investors go wild for Saudi Aramco’s first bond as orders top $100 billion
  • IMF warns global economy is in a ‘delicate moment’
  • Uber didn’t do enough to warn women about series of rapes by fake Uber drivers, lawsuit alleges
  • Yahoo tries again to settle data breach lawsuit. This time it offers $118 million
  • Walmart is doubling down on robot janitors. Here’s why
  • SpaceX faces a key test in the upcoming launch of its biggest rocket
  • These hemp farmers are making a killing on the CBD industry
  • This Alphabet-owned company is delivering espresso via drone in Australia
  • Robot valets may soon park your car at this airport
  • The gadgets of the future know everything wrong with you right now
  • FedEx turns to Segway inventor to build delivery robot
  • Watch this robot lift boxes in a warehouse
  • The anti-Facebook: Inside Pinterest’s slow and quiet rise
  • WeWork buys office management startup
  • Glossier is now valued at $1 billion
  • Airbnb invests in India’s biggest hotel company
  • Rent the Runway’s newest feature makes a subscription even more useful
  • How influencers keep their #ads and their audiences
  • This Boston Dynamics robot is made for the warehouse
  • 20190328-conspiracy-harassers
  • Conspiracy theorists attacked them. Then they fought back
  • This modern farm house is made from reclaimed barns

Select Bullets from Fox Business

  • FBI indicts CEOs, COOs in $1.2B telemarketing scam that targeted Medicare recipients
  • Competition among middleman drug price negotiators under Senate spotlight
  • Stocks fall as US, EU clash over support for aerospace giants
  • WATCH: Ocasio-Cortez psychopathy tweet raises questions, Karl Rove says
  • Walmart to roll out thousands more robots in stores
  • Friendly’s closes 23 restaurants amid sagging sales
  • Eddie Murphy and Arsenio Hall will have another hit with ‘Coming to America 2’: Joe Piscopo
  • These are the best (and worst) states for millennials
  • Airbus dispute: US threatens EU with $11B in tariffs
  • Bank of America to raise its minimum wage to $20 an hour
  • 10 cities in danger of a housing crash this year
  • Howard Schultz: Capitalism crybabies haven’t made payroll, hired workers
  • Netflix in talks to buy Egyptian Theatre in Hollywood: Report
  • Is your credit score accurate?
  • Twitter paid Jack Dorsey $1.40 in 2018, an ode to old character limit
  • How to plan for health-care costs during retirement
  • Sanders says ‘average billionaire’ gets $33M daily bonus under tax cuts
  • How artificial intelligence can make medicine more human
  • Tax season: A look at IRS penalties
  • A look at the average IRS refund this tax season
  • Tax season: Pros and cons of refund advances

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

9MarketIndicatorsYahooFinance4.9.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

ShortHistoryUSTaxationInfographicPlusMHMarketUpdatesDailyBusinessNewsMHproNews

Its disclosure time. Tonight’s feature, as in any ‘short history,’ is going to skip a lot of facts.

So, for those who may forget that there were tax changes during the Obama and Clinton years – to mention but two overlooked examples – just keep that in mind as you look at the data.

For those who get the many values of history, this is useful. First, someone that looks at this that may not have thought about it before, but there was large stretches of U.S. history without an income tax.

The income tax was used by President Abraham Lincoln but was later rejected. It was until the passage of the 13th Amendment that the modern income tax system was ‘born.’

USHistoryofTaxationInfographicDailyBusinessNewsMHProNews

Some today still question if that income tax amendment was properly ratified, claiming that the various bills didn’t truly reconcile, thus making the ratification process – in that view – illicit. But try convincing the IRS of that, good luck with that, right?

When you think about deficits and huge federal debts, don’t forget that these huge ones are a modern phenomena.

Related Reports:

 

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).

4.9.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

Art Laffer on POTUS Trump’s Federal Reserve Board Picks, Plus MH Market Updates

April 8th, 2019 Comments off

CNNmone4.8.2019ManufacturedHomeStocksMarketsReportsMHProNewsFrom across the left-right spectrum, there is surprise and push back on President of the United States (POTUS) Donald J. Trump’s proposed nominees to the Federal Reserve Board.  It’s a chess game, in part, as POTUS Trump is essentially using the nominees in part to hammer a message home that he wants lower rates.  On a day with modest movement in the markets, our focus will be on former Reagan administration star, Arthur Laffer and his interesting take on the 45th president’s nominees to the Fed of Stephen Moore and Herman Cain.

 

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…

  • More trouble ahead
  • The analyst who foretold GE’s downfall thinks its problems are far from over
  • GE’s terrible day — in one chart
  • Warren Buffett weighs in on who should be the troubled bank’s next CEO
  • LIVE UPDATES AMC soars 7% on ‘Avengers Endgame’ ticket sales
  • US oil prices finish above $64 a barrel for the first time since Halloween
  • Why the remarkable US stock market recovery could just be getting started
  • Europe is making AI rules now to avoid a new tech crisis
  • Pinterest’s IPO filing disappoints
  • American Airlines cancellations reach into June because of 737 Max grounding
  • Larry Kudlow says Trump is not interfering with the Fed
  • Univision sells Gizmodo Media Group to private equity firm
  • Under Modi, India’s economy has grown $1 trillion. But lack of jobs is still an issue
  • The rules on CEO tweets weren’t made for Elon Musk
  • Boeing is about to reveal just how much the 737 Max grounding hurt its business
  • Facebook's CEO Mark Zuckerberg delivers a speech at the VivaTech (Viva Technology) show in Paris, on May 24, 2018. (Sipa via AP Images)
  • New Zealand’s privacy commissioner calls Facebook ‘morally bankrupt’
  • Get ready for awful corporate earnings
  • The frightening future of robocalls: Numbers and voices you know
  • What you can do right now to stop robocalls
  • What AT&T, Comcast and Verizon are doing about them
  • Perspectives: Why robocalls are about to get more dangerous
  • FCC: Nearly half the calls you receive this year will be spam
  • London gets world’s first 24-hour air pollution charge zone
  • Tesla is helping Fiat Chrysler meet EU emissions targets
  • We can’t rely solely on renewable energy yet, but there’s another way companies can fight climate change
  • GE bets on offshore wind as fossil fuels business stumbles
  • Shell quits major US oil lobby over climate change

Select Bullets from Fox Business

  • CVS, Aetna deal reversal would be ‘catastrophic’ to the industry: Judge Napolitano
  • US stocks mixed as industrials slide but tech shares gains
  • Felicity Huffman, 13 others to plead guilty in US college admissions scandal: Prosecutors
  • 10 cities in danger of a housing crash this year
  • Texas Tech banned smartphones amid NCAA tournament run: Report
  • Piscopo: Ocasio-Cortez’s fake accent ripe for ‘SNL’ parody
  • This is now the best state for job seekers
  • Duke ‘looking into’ Michael Avenatti’s allegation that Nike paid Zion Williamson
  • Boeing shares plunge after downgrade, 737 Max production being cut
  • Beto O’Rourke calling Israel PM Netanyahu racist a mistake: Joe Lieberman
  • WrestleMania transportation mess: NJ Transit blames WWE event’s long runtime for train delays
  • Nunes to send 8 criminal referrals to AG Barr this week
  • Here’s why Americans are optimistic about the housing market
  • Investment in US economy surges amid smaller tax refunds, National Taxpayers Union executive vice president says
  • Short credit history? How you can still earn a score of 800
  • Prepare next year’s tax filing now
  • $1.4B in unclaimed tax refunds to expire in April, IRS warns
  • Tax refunds: Top 5 ways Americans will spend their windfall
  • Trish Regan: Democrats need to stop spewing hate and work with Trump on immigration reform
  • Gas prices up, poised to go even higher as US mulls Iran oil waiver extensions
  • Stephen Moore is a pro-growth economic champion: Opinion

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

9MarketIndicatorsYahooFinance4.8.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

 

ArtLafflerPOTUSTrumpFederalReserveBoardPicksPlusMHMarketUpatesDailyBusinessNewsMHProNews

 

Short and sweet this evening.  He advised President Ronald Reagan, and current President Donald J. Trump.  Not speaking for or against Art Laffer’s points, just listen to what he and the panel on CNBC had to say about the 45th presidents nominees to the Fed.

 

See Related Reports for more on these Fed board moves and comments.

Related Reports:

Former Godfather CEO, GOP POTUS Contender Herman Cain to Join Fed? Plus, MH Stock Updates

Future Rate Signaling to Fed? POTUS Trump Wants Heritage’s Stephen Moore on Federal Reserve Board, Plus MH Stock Updates

National Association of Home Builders CEO Jerry Howard Declining Housing Affordability, 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).

4.8.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.