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Posts Tagged ‘Warren Buffett’

“Promises Made, Promises Kept” – China, U.S. Announce Deal Outline, Stocks Soar, Plus MH Market Update

May 21st, 2018 Comments off

CNNmoney5.21.2018ManufacturedHomeStocksMarketsReportsMHProNews2 out of 3 Americans surveyed credit President Donald J. Trump for an improving economy, per CBS News. That poll was conducted prior to the joint announcement Saturday that China and the U.S. have put tariffs on hold, as they announced the outlines of a tentative trade deal.

That’s our market focus for tonight, noting that most of the industry’s tracked stocks rose today. 

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines, and news sources. 

Selected headlines and bullets from CNN Money:

  • Consumer Reports: We can’t recommend Tesla’s Model 3
  • Netflix announces multi-year deal with the Obamas
  • GE’s latest sale: Its 111-year-old rail business
  • Dow soars as US-China trade tensions cool
  • After CNN report, lawmakers want answers from Uber, Lyft on sexual assaults
  • Facebook wants to make changing your privacy settings less work
  • What to watch for when Mark Zuckerberg testifies in Europe
  • Mark Zuckerberg will testify live and you can watch it
  • New version of Tesla’s Model 3 will cost $78,000
  • Analysis: 3 tough questions after the US-China trade truce
  • US and China call a ceasefire in trade dispute
  • Women’s greatest financial regret — and how to avoid it
  • It’s not just you: Everything really is getting more expensive
  • How much should you pay for college?
  • Beyond Social Security: 5 retirement income strategies
  • Scared of running out of money in retirement? A ‘personal pension’ could be for you
  • Ryanair braces for first profit drop in 5 years
  • Starbucks: You don’t need to buy anything to hang out in our stores
  • Tax cut sparks record-setting $178 billion buyback boom
  • What is the perfect price for oil?
  • What is GDPR? Everything to know about Europe’s new data law
  • Why Millennials aren’t feeling the boom in household wealth
  • The first holographic smartphone will be released later this year
  • Website flaw exposed real-time location for millions of cell phones, experts say
  • These drones fly 24/7 — no humans needed

Selected headlines and bullets from Fox Business:

  • Dow returns to 25,000 as tariff dispute ‘put on hold’
  • Don’t stick a fork in equity rally yet, Goldman says
  • Trump tweet: China to buy more US farm products
  • Cupertino said to mull ‘head tax’ on Apple, others
  • Sports betting: Now the ball is in the court of credit card companies
  • Entrenched Obama bureaucrats tried to cover for Hillary, destabilize Trump: Varney
  • Tesla Model 3 denied Consumer Reports recommendation
  • North Korea making very dramatic changes: Jim Rogers
  • Supreme Court OKs company bans on workers’ class-action suits
  • WWE shares surge as Fox reportedly secures ‘SmackDown’ TV rights
  • Fifth Third tumbles after $4.7B deal to buy Chicago-based bank
  • China trade sanctions ‘ready to be fired’: Wilbur Ross
  • Wabtec, GE Transportation to merge
  • Book on Elizabeth Holmes hits shelves early after SEC ‘massive fraud’ charge

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

9MarketIndicatorsYahooFinance5.21.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue5.21.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

One pundit used the phrase, “Promises Made, Promises Kept.”

The Dow soared 300 points today, after news this weekend that Chinese and American sources both stated that they have come to a tentative agreement on a broad range of trade related issues.

The mutually threatened tariffs, at least for now, are on hold.

Fox Business said, “The United States and China agreed to take steps to significantly reduce the $370 billion trade deficit between the two economic powerhouses by having Beijing purchase more goods, according to a joint statement released by the two nations on Saturday.”

There was a consensus on taking effective measures to substantially reduce the United States trade deficit in goods with China,” per the joint statement. “To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services.”

Both sides agreed to encourage two-way investment and to strive to create a fair, level playing field for competition,” the statement read.

 

According to the White House, the U.S. will increase its agriculture and energy exports to China and will end a team of negotiators to Beijing to work out the details, in a statement emailed to MHProNews.

The details of how much deficit reduction will be have not yet been revealed.

As some observers noted, this isn’t going to be a case of the Chinese regime taking out a purchase order, but rather of genuine systemic changes which could lead to the growth of U.S. exports.  Given that change, that would be good for American farming, energy, manufacturing, technology, and other interests.

PromisesMadePromisesKeptManufacturedHousingIndustryDailyBusinessNewsMHproNews

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.21.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

 

Life Hack Success Tip-Any Pro Can Do This-Monday Morning Manufactured Housing Sales, Marketing Meeting

May 21st, 2018 Comments off

CharlieMungerWarrenBuffettDonaldTrumpLifeHackSuccessTipManufacturedHousingINdustryMondayMorningsalesMeetingDailyBusinessNewsMHProNews520x310

Today is going to be DIFFERENT.

 

Open your minds for something simple, yet profoundly effective for those who dare embrace it.

It’s a Success Tip that Warren Buffett’s over half-a-century partner Charlie Munger believes in and practices.

It’s this.

Reading for understanding.

Reading, and being able to admit that you were mistaken about something.

Reading with an open mind, looking for the opportunity, the gem that the reading is bringing to you.

When MHProNews first launched, our URL – the base web address – was and remains MHMarketingSalesManagement.com. Marketing, Selling, and Management are at the core elements of any successful enterprise.

We encouraged readers almost a decade ago to devote 15 minutes a day to reading. That was back before we introduced the industry’s first and still only Daily Business News, which is this module or blog within our broader trade media website.

Today, the goal should not be for 15 minutes a day. That isn’t nearly enough to keep up with your industry and the world that impacts your industry. An hour a day is the minimum.

You can split that hour-a-day of reading and viewing into 10-to-15 minute segments. You can do it all at once. How, where and when you invest that hourly daily has a lot of flexibility.

Watch the video, and see what Munger does.

Charlie Munger is a billionaire. He is the vice-chairman of Berkshire Hathaway, the conglomerate that dominates much of manufactured housing. Munger takes reading with him, everywhere he goes. For example, he shows up early for meetings, and is reading before and after the meeting.

So Munger is wasting no time! He is reading during what for others might be down-time!

If you are reading and viewing at least an hour a day on MHProNews and MHLivingNews.com – and you do so for a deep understanding – that habit will transform your career, and your professional life.

That hour-daily habit would likely lead to improvements in every other area of you life too.

 

Foundational For Success

We don’t hide the fact that we believe in faith, flag, family, fellowship, and free enterprise. We celebrate what each of those words represent, because each are and should be cherished ideals.

DonGlissonJrCEOTriadFinancialServicesDailyBusinessNewsManufacturedHousingIndsutryMHProNewsDon Glisson, Jr. – the president of Triad Financial Group – told me a few years after we launched that he thought we were crazy to start MHProNews when we did. It was late 2009. The industry had just neared the finish of its worst year in over 50 years.  He said that as he publicly congratulated for our success in becoming the most popular trade publication in the industry’s history.

Third-party statistics prove that we are still the industry’s leader in trade media, by a country mile. MH “Industry News, Tips, and Views Pros Can Use” © is more than a tag line.

That’s a mission we are committed to, in order to help industry pros and investors like you become all that you can be.

We practice what we preach.

We read and read, then we write what the evidence tells us we should know, which then suggests which way to go.

In our consulting, professional business development services, marketing and sales coaching, it is all based upon observations, evidence, feedback, real world experiences, and ongoing refinement.

IfPrettyPicturesVideosAloneWereEnoughMHIndustryWillOnlyAchieveItsGoalsByResovingItsCoreIssuesLATonyKovachMHProNews1

Learn more about the above, linked here.

For a time, we trusted the ‘industry leaders’ to a certain degree. But we admit that on some things, the industry’s leaders were mistaken in what they said and did. To the degree we listened, we were off.

The evidence of why the industry’s so-called ‘leaders’ have been wrong is in the chart below.

MobileHomeShipmentsManufacturedHomeShipmentChartMHIAShipmentsMHIndustryChampionSkylineHUDCodeDailyBusinessNewsMHProNews

There are reasons why manufactured housing slid from 372,000 plus shipments in 1998, to under 50,000 shipments in 2009. Understanding what caused that, and navigating the realities of what the MH slide while America’s affordable housing crisis grew are fundamental.  Understanding the opportunities and the obstacles can make anyone with the time, talent and treasure commitments a success in this amazing industry.

If what those leaders wanted us all to do was so dang smart, why did the manufactured housing rumble and tumble as fat as it did?

When the nation has an affordable housing crisis, why will there only be about 100,000 new manufactured homes built this year?

The answers for that and more are found in reading for understanding.

 

The Trumpian View

Donald J. Trump has a similar belief to Munger’s and Buffett’s in this respect. The billionaire builder and businessman turned populist President of the United States (POTUS) believes this.  It pays to know all that you can about something that impacts your profession.

That Trumpian view is more than reading.  But it includes reading, plus viewing, asking questions, and listening to the answers. It requires the search for understanding.

Reading and viewing here and on MHLivingNews.com an hour a day. Every day. Do that for a year. Then, a year from now, tell me in an email, call, or other message what that practice did to make your professional life more profitable and effective.

Take that challenge.

Superficiality-is-the-curse-of-the-modernWorldMatthewKellyQuoteFancyInspirationBlogMHProNews720

Donald Trump, Warren Buffett, and Charlie Munger didn’t say it. But another successful business guru did. Want to understand something enough to benefit from it? There is no substitute to investing the time needed. Buffett says he reads 5 to 6 hours daily. Wow…but look were that got him.

Read for understanding, no less than one hour a day. Enough said for today. ## (Manufactured housing related marketing & sales news, analysis, and commentary.)

(Third-party images are and content are provided under fair use guidelines.)

Related References:

Is it Better to Be Candid, or a Kiss-Up? Monday Morning Manufactured Housing Sales, Marketing Meeting

Style or Substance? Lesson from Most Hated in America – Monday Morning Manufactured Home Sales, Marketing Meeting

What are the FACTS about Manufactured Housing Industry Traffic vs. Real Estate? MHVillage, MHProNews, Manufactured Housing Institute Data

‘You Are Either Clayton Homes, or You’re Not’ – Monday Morning MH Sales Meeting

 

InvestInYourselfAndInYourBizManufacturedHousingIndustryDailyBusinessNewsMHProNews

Time, talent, treasure. Why not put your money, as we do, where your mouth is? 

FactoryBuiltCarsClothingAppliancesElectronicsCellsSmartPhonesHomesItJustFollowsLATonyKovachC2017MHproNewsBy L.A. “Tony” Kovach – Masthead commentary, for MHProNews.com.

Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Office 863-213-4090 |Connect on LinkedIn:
http://www.linkedin.com/in/latonykovach

Sign Up Today!EmailedMHProNewsHeadlineNewsDailyBusinessNews

Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates.

 

“I Love Capitalism!” Home Depot Co-Founder Ken Langone to Millennials, Others – Plus MH Market Updates

May 18th, 2018 Comments off

CNNmoney5.18.2018ManufacturedHomeStocksMarketsReportsMHProNewsJust as the Daily Business News has noted for some time the rising calls for socialism – often among millennials, but not limited to them – so too has Home Depot co-founder Ken Lagone.  His heartfelt video on that topic which is the title of his new book is our focus report this evening.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • India is freaking out about rising oil prices
  • The first holographic smartphone will be released later this year
  • What is the perfect price for oil?
  • These are the only two owners of color in the NFL
  • Carolina Panthers sold to hedge fund founder
  • Campbell Soup CEO abruptly steps down
  • Why some retailers are winning and some are losing
  • JCPenney is running out of time
  • There’s still one department store where people are going to shop
  • The boss of Bratz tried to merge with Mattel. Mattel said no thanks
  • ‘Deadpool’ franchise is a box office rarity: An R-rated hit
  • To stay competitive, US call centers are training workers to be super agents
  • PayPal just clinched its biggest-ever takeover
  • Wells Fargo shares dip after another worrying discovery
  • Former Obama adviser: Everyone deserves a chance at a first-rate education
  • Fox News says top executive is on leave, but she has quietly kept working
  • Once a teenage runaway, he now owns a $300 million restaurant empire
  • Almost half of US families can’t afford basics like rent and food
  • How to build your own pension
  • Elon Musk promises $1 rides in Boring Company tunnels
  • Pacific: Elon Musk vs. the world
  • The full backstory of the crisis at CBS
  • Suzanne Scott makes history as Fox News’ first female CEO
  • Why Millennials aren’t feeling the boom in household wealth
  • Are electric cars more likely to catch fire?
  • China approves $18 billion Toshiba chip deal
  • Gunmaker Remington exits Chapter 11 bankruptcy in less than 2 months

Selected headlines and bullets from Fox Business:

  • Retail apocalypse? Walmart, Macy’s embracing ‘Amazon effect’
  • Mattel rejects merger bid from Bratz maker Isaac Larian
  • Jack Welch is America’s best businessman: Ken Langone
  • Texas shooting: Training is key, ex-FBI investigator says
  • Stocks slip for week as benchmark Treasury yields climb
  • Pope slams credit default swaps, calls derivatives a ‘ticking time bomb’
  • He says the instruments encourage unethical behavior.
  • Campbell Soup stock hit by CEO departure, strategic review
  • As 401 (k) millionaires rise to record, investors warned to keep saving
  • Elon Musk’s Boring Company will personally deliver flamethrowers in two weeks
  • Diaper makers feeling the squeeze as birth rate shrinks
  • Walmart’s Lord & Taylor deal step towards brand domination
  • Royal wedding: Harry, British royal family no match for world’s richest royals
  • Fox News, FOX Business name Suzanne Scott as CEO
  • Trump’s Iran deal withdrawal sparks corporate exodus
  • Texas high school shooting parallels Parkland shooting: AG Ken Paxton

 

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

9MarketIndicatorsYahooFinance5.118.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue5.18.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

Home Depot Co-Founder Ken Langone is promoting his new book, “I Love Capitalism!” as a way of educating and inspiring those Americans who have been seduced by the false promises of socialism.

In a video with Fox Business, Lagone speaks candidly about his faith, family and fortune.  He does so with the aim of encouraging others to believe that they too can succeed in America.

It is no secret to long-time readers that MHProNews is likewise for faith, family, flag and fortune. That means editorially we are:

  • pro-free enterprise,
  • for protecting our God-given, constitutionally protected rights,
  • for limited government that taxes the least, and protects the rights of all,
  • believes in common-sense steps that lawfully protects consumers,
  • believe in protections for small businesses and workers in ways that avoid crony capitalism and monopolistic power.

Lagone’s new book title topic was a good bookend to recent reports on this issue.  With a growing number of millennials and others who haven’t been properly informed on the benefits of free enterprise vs. the tragic outcomes of socialism, the video above and the links below will prove useful.

ILoveCapitalismKenLagoneDailiyBusinessNewsMHProNews

Related Reports:

“Political Necrophilia,” Tragedy in SloMo, Southern Economic Political Lessons for Looming U.S. Midterms

Ben Shapiro Nails It on Taxes, Regulations, and Affordable Housing – Under 2 Minute Video Must View for MH Industry Pros

After Tax Cut$, U.S. Records Largest Budget Surplus, Plus Manufactured Home Market Updates

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.18.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

 

“Big Tech Lies,” “You’re the Product,” Consider “Breaking Them Up” says Apple Co-Founder, Steve Wozniak – Plus Manufactured Housing Industry Market Updates

May 17th, 2018 Comments off

CNNmoney5.17.2018ManufacturedHomeStocksMarketsReportsMHProNewsSteve Wozniak – Apple’s co-founder – unloaded a lot of thought-provoking fodder to Business Insider, and that will be our focus report for this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Is the 1-minute commercial break the future of TV?
  • Wells Fargo altered documents about business clients
  • Why Millennials aren’t feeling the boom in household wealth
  • The fight for the future of CBS
  • JCPenney is running out of time
  • Remington exits Chapter 11 bankruptcy in less than 2 months
  • Facebook, Uber, Wells Fargo: The strategy behind 3 corporate apology ads
  • Walmart’s online sales grow 33%
  • Walmart figured out its Amazon strategy. So why’s the stock down 13%?
  • China approves sale of Toshiba’s chip unit to group led by Bain Capital
  • WWE soars on report of lucrative new TV deals
  • On anniversary of Mueller appointment, Giuliani and Fox News keep swinging
  • Suzanne Scott makes history as Fox News’ first female CEO
  • BJ’s Wholesale Club is going public (again)
  • Almost half of US families can’t afford basics like rent and food
  • Can I start investing with $500?
  • A Comcast-Fox marriage would be built on a ton of debt

Selected headlines and bullets from Fox Business:

  • Meghan Markle faces tax dilemma
  • NAFTA talks down to ‘last conversations’: Trudeau
  • Kudlow: We’re asking China to change its approach
  • Stocks slip as Cisco outlook weakens technology
  • Redstone vs. Moonves: Judge denies CBS restraining order bid[overlay type]MEDIA & ADVERTISING
  • Redstone vs. Moonves: Judge denies CBS restraining order bid
  • Ruling escalates ugly corporate battle.
  • Trump’s Iran deal withdrawal sparks corporate exodus
  • Fox News, FOX Business name Suzanne Scott as CEO
  • Billionaire Tim Draper: Your ‘money is at risk in banks’
  • China trade debate roils Trump team as Navarro spars with Mnuchin
  • Wells Fargo employees changed customer information on documents: report
  • Royal family’s cars: Meghan Markle will be motoring in style
  • Walmart’s lower prices give Amazon a run for its money
  • Canada’s Justin Trudeau on NAFTA talks: Feeling positive about this
  • ‘Pro-business’ Wyoming changes cryptocurrency rules to entice entrepreneurs

 

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

9MarketIndicatorsYahooFinance5.17.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue5.17.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

 

 

From Business Insider the following pull-quotes on topics that the Daily Business News has been covering for over a year.

Apple cofounder Steve Wozniak spoke to Business Insider at the WeAreDevelopers World Congress in Vienna, Austria.

  • Wozniak said he was “bothered by what technology has become.
  • He hinted that the breakup of big tech monopolies may be necessary or useful.
  • Wozniak: “All big companies lie to make money on some level. They withhold secrets — it’s not news. I don’t look at it and say to myself: “This is a big thing,” he told Business Insider.
  • Steve Wozniak: In a company like Apple that made computers easy to use, I always thought that the user was more important than the technology. We put a lot of effort into letting people live their lives in a normal, human way.”
  • Steve Wozniak: “But that “human way” is changing. We used to be able to have conversations in secret with people. If I were to say something to you in private now, others wouldn’t hear it — that isn’t the case anymore. We lost our security a long time ago. We’ve lost our privacy and it’s been abused. If I think I have a level of privacy that I don’t, that’s deceit. And that bothers me. I hit a limit. I can’t take that. It’s one step in a long series of steps that are all in the same direction.”

AppleCoFounderSteveWozniakBigTechLiesYoureTheproductBreakThemUPPlusMHMarketUpdates

Related Reports:

“Audit the Algorithm!” – Mark Zuckerberg, Facebook and Google Monopoly – Manufactured Housing Marketers Notice

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.17.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

US Manufacturers Roar, Hiring More, Paying More, Thanks to Tax Reform – Plus Manufactured Housing Connected Stocks, Investment Updates

May 16th, 2018 Comments off

CNNmoney5.16.2018ManufacturedHomeStocksMarketsReportsMHProNews.-1President Donald Trump takes a bow with Jay Timmons, president and CEO of the National Association of Manufacturers (NAM).  General and manufactured housing specific reports indicate that the 45th president’s tax reform plan are helping to grow manufacturing, increase jobs, and are causing new production centers to open. That will be our focus tonight.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Walmart figured out its Amazon strategy. So why’s the stock down 13%?
  • The future of CBS may be decided this week
  • House clears path to roll back post-crisis banking rules
  • Morgan Stanley thinks it knows when the bull market will end
  • In the midst of the retail apocalypse, one department store is doing well
  • How ‘no-fault’ attendance policies can put companies and workers at risk
  • Tax cut will drive innovation, ex-Home Depot CEO says
  • It’s tough to be a homebuyer in Seattle
  • Lachlan Murdoch, not James, will lead new Fox company
  • Carolina Panthers sold to hedge fund founder
  • Novartis top lawyer quits over Cohen payments
  • 10-year Treasury yield spikes, spooking the stock market
  • Pacific: Seattle-Amazon tax fight is a lose-lose for everyone
  • Starbucks slams Seattle’s new big business tax
  • Taiwan slams global brands for siding with China
  • Japan’s big growth streak just came to an end
  • China is getting nearly 3,000 new Starbucks
  • China’s ride-hailing market is worth more than the rest of the world combined
  • Trump talks trade with China as project linked to his company gets Chinese business
  • Executives sound off on Trump’s proposed China tariffs
  • 4 steps you should take when buying an annuity
  • What are the best annuities for you?
  • Airbus and Boeing each claim WTO decision as a win
  • Fox News settles swath of lawsuits for around $10 million
  • Check out how much Medicare spends on drugs

Selected headlines and bullets from Fox Business:

  • What Seattle ‘head tax’ will cost Amazon
  • Apple stock reportedly falling out of favor
  • Vicente Fox: US automakers need NAFTA
  • Stocks cautious on North Korea concern
  • Colin Kaepernick can score big in NFL collusion case, Judge Nap says
  • The ex-49er must prove team owners agreed to keep him off the field because of his politics.
  • Billionaire Tim Draper says government will be forced to be ‘virtual’ soon
  • Fast-food restaurant owner can’t find teenagers to fill jobs
  • Lachlan and Rupert Murdoch to lead new ‘Fox’
  • VA whistleblower: Veteran care worse as Trump seeks department head
  • Michigan State $500M Larry Nassar settlement: Who will pay?
  • Amazon completes HQ2 visits in 20 cities
  • Stanford afraid of conservatives speaking on campus: Charlie Kirk
  • US manufacturers hiring more, paying more, thanks to tax reform: survey
  • Amazon cuts Whole Foods prices for Prime members

 

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

9MarketIndicatorsYahooFinance5.16.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue5.16.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

Manufacturing in general, and production and new building centers in manufactured housing in specific has been making news. The growth of all manufacturing jobs is good for the sellers of manufactured housing, as quarterly statements from publicly trade manufactured housing producers often reflect.
The latest data, per a release from the National Association of Manufacturers (NAM), makes it clear that factories are expanding, investing, hiring more, and paying more.

U.S. manufacturers are hiring more workers, boosting wages and increasing domestic investments following the passage of the Tax Cuts and Jobs Act,” per Fox Business.

According to a survey by the National Association of Manufacturers (NAM) “Seventy-two percent of manufacturers are ramping up workers’ wages and benefits, according to a new survey from the National Association of Manufacturers (NAM). Meanwhile, 77% of survey respondents said they were hiring more workers, while 86% are investing more in plants and equipment.”

Numerous reports of new production centers, and increased production among manufactured housing producers underscores those facts.  See an example of linked reports, above the Jay Timmons photo, below

Manufacturing in America is now rising to new heights, thanks to tax reform, and as a result, manufacturers of all sizes are already investing more, growing more, hiring more and paying more. They are already improving lives and livelihoods,” NAM Board Chair David Farr said in a statement.

Optimism is rising.  “More than 93% of manufacturers have a positive outlook on their company’s prospects in the U.S. economy – the second-highest level ever recorded by the National Association of Manufacturers –  its most recent quarterly survey revealed,” said Fox Business.

  • Wage growth among those manufacturers surveyed last month also rose at the fastest pace in 17 years, despite remaining sluggish in the broader U.S. economy.
  • Manufacturers expected full-time employment to increase by 2.9% on average over the next year, an all-time high by the survey’s standards.

 

FormerPatriotHomesPlantManufacturedHousingIndustryDailyBusinessNewsMHProNews

http://www.mhpronews.com/blogs/daily-business-news/retailers-are-joining-forces-to-build-their-own-manufactured-homes-in-former-patriot-plant/

New HUD Code Manufactured Home Factory Opening, State Announces Hundreds of News Jobs

JayTimmonsNationalAssocManufacturersPresidentTrumpManufacturedHousingIndustryDailyBusinessNewsMHProNews

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.16.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

 

Seattle’s Assault on Amazon, Bigger Businesses Passes Affordable Housing Tax, Plus MH Market Updates

May 15th, 2018 Comments off

CNNmoney5.15.2018ManufacturedHomeStocksMarketsReportsMHProNewsLate Monday, Seattle stayed in the national headlines, as it passed a modified version of their head tax on larger businesses, in order to pay for their growing affordable housing crisis. That will be our focus report this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • 10-year Treasury yield spikes, spooking the stock market
  • Party City debuts line of Ramadan decorations
  • Silicon Valley wants to disrupt banking
  • MARKETS NOW
  • Home Depot’s former CEO on trade tensions and the economy
  • Tom Wolfe dies at 88
  • Air France-KLM hopes 3 CEOs can end its crisis
  • Uber will no longer force victims of sexual assault into arbitration
  • Lyft joins Uber to end forced arbitration for sexual assault victims
  • Take a flying car to work
  • Seattle passes a smaller version of the ‘Amazon tax’
  • For Amazon HQ2 hopefuls, Seattle serves as a cautionary tale
  • Seattle’s tax to fight homelessness may hit Amazon hardest
  • Germany’s growth slump sends early warning on trade war
  • Facebook took down 21 million pieces of adult nudity in three months
  • New ESPN president makes his introduction to advertisers at upfronts
  • China wants its top tech firms to come home
  • Tesla SUV earns a Guinness World Record for towing massive airplane
  • Wilbur Ross: US is exploring other remedies for ZTE ban
  • China tariffs are a bad idea, companies warn Trump
  • GE, Best Buy and Roku: Who’s weighing in on Trump’s China tariffs this week
  • 3 big things happening with US-China trade this week
  • Amazon is bringing its cashier-free stores to more cities
  • Royal wedding: How much will it all cost?
  • Will the Royal Wedding boost the UK economy?
  • NYT: More than 2 dozen people killed by carbon monoxide after leaving on their keyless cars
  • Disney union can now represent the park’s Lyft drivers
  • Trump tells his leaky staffers they are ‘traitors and cowards’
  • Starting salary for the class of 2018: $50,390

 

Selected headlines and bullets from Fox Business:

  • CBS likely takeover play as Moonves eyes war with Redstone
  • WTO finds Airbus got illegal subsidies
  • Dow snaps eight-day advance as Treasury yields rise
  • Tepper said to buy NFL Panthers for record $2.2B
  • Kellogg’s exits Venezuela over social ‘deterioration’
  • US Homeland Security unveils new cyber security strategy amid threats
  • Amazon HQ2: Arlington, Texas, reveals pitch after striking out[overlay type]ECOMMERCE
  • Amazon HQ2: Arlington, Texas, reveals pitch after striking out
  • FanDuel discussing sale to Irish sportsbook Paddy Power: report
  • Just graduated? Here are the best and worst places to launch a career
  • Not just Amazon: Seattle ‘head tax’ to hit these major companies
  • Alaska Airlines to close New York pilot base
  • Elon Musk blasts Tesla crash coverage, as NHTSA backs models
  • Seattle’s ‘Amazon tax’ to hurt wages, hiring, experts warn
  • Indiana small city offers big incentives to lure young, educated workers

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

9MarketIndicatorsYahooFinance5.15.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue5.15.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

A new tax approved by the Seattle City Council late Monday will have a negative impact on businesses in the area, experts say, which could mean a reduction in both hiring and wages,” reports Fox Business.

The private sector will respond in a negative way to the new head tax, in this case with less hiring and modestly reduced wages,” said Chris Edwards, director of tax policy studies at the Cato Institute.

As the Daily Business News previously reported, the controversial tax has split unions and others in the “progressive” city.  Part of the oddity of this scenario is that no one – including the supporters of the new tax plan – claim that this levy will actually solve the growing problems of homelessness or the shortage of affordable housing.

Two of the city’s biggest employers – e-commerce giant Amazon and coffee retailer Starbucks – have come out in opposition to the measure.

The [Seattle] tax comes out to 14 cents per employee per hour, or $275 per employee, per year, on for-profit companies that net at least $20 million annually,” said Fox Business. “It was unanimously approved by the city council’s board members.”

The story also highlights the negative impact of tax hikes, and by implication, the positive impact of tax cuts.

Related Reports:

Affordable Housing Revolt! Amazon’s Jeff Bezos Video Responds to “Breakup” Growing Monopoly, and Manufactured Housing

After Tax Cut$, U.S. Records Largest Budget Surplus, Plus Manufactured Home Market Updates

Greener, Stylish Manufactured Homes – Hidden Facts in the Washington Post Manufactured Housing Narrative

 

SeattleAssaultAmazonBiggerBusinessesPassesAffordableHousingTaxPlusMHMarketUpdates

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.15.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

After Tax Cut$, U.S. Records Largest Budget Surplus, Plus Manufactured Home Market Updates

May 14th, 2018 Comments off

CNNmoney5.14.2018ManufacturedHomeStocksMarketsReportsMHProNewsI told you so,” might be what Larry Kudlow or other members of the Trump Administration tax cut team might have said. The surprising-to-some numbers for April are in, and those numbers are part of our market focus for tonight.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Companies make last-ditch appeal to Trump: Tariffs are a bad idea
  • Wilbur Ross: US exploring other remedies for ZTE ban
  • 3 big things happening with US-China trade this week
  • President Trump says he’s working with China to save ZTE
  • If ZTE falls, the shock waves will be felt around the globe
  • The danger of keyless cars: What you need to know
  • Disney union can now represent the park’s Lyft drivers
  • Trump tells his leaky staffers they are ‘traitors and cowards’
  • States can legalize sports betting. That’s good news for casinos
  • When can I legally bet on sports?
  • American Airlines bans insects, hedgehogs and goats as emotional support animals
  • Sears moves to sell Kenmore
  • Siemens CEO: We can’t do new deals with Iran
  • Sony is buying a stake in Snoopy
  • Starting salary for the class of 2018: $50,390
  • How to replace income with a bond ladder
  • Young people are drawn to cryptocurrency. But what about the risks?
  • Facebook suspends 200 apps over possible data misuse
  • CBS sues Shari Redstone, its controlling shareholder
  • NYT: More than 2 dozen people killed by carbon monoxide after leaving on their keyless cars
  • Xerox pulls out of Fujifilm deal and teams up with Icahn
  • Will the Royal Wedding boost the UK economy?
  • Headset maker’s stock up 700% on ‘Fortnite’ mania
  • ‘Fortnite’ is red hot, but EA and Activision are still thriving
  • ‘Avengers: Infinity War’ hits China and becomes the fifth biggest film ever
  • ‘Daily Show’ host Trevor Noah: There’s a ‘5:30 curse’
  • ‘SNL’ cast members’ moms critique the show’s political sketches

Selected headlines and bullets from Fox Business:

  • Seattle approves tax despite Amazon’s opposition
  • Sports betting industry could fill state coffers
  • Legal sports betting: NFL, NBA call for federal regulation
  • Sports betting is ready to go national: DraftKings CEO
  • Casino shares rally on court’s sports betting ruling
  • Dow posts its eighth consecutive daily advance
  • Sports betting ruling sets DraftKings and FanDuel up for cash windfall
  • Both of the fantasy brands have the infrastructure needed to compete.
  • AT&T, Novartis CEOs assailed by Elizabeth Warren, colleagues over Michael Cohen payments
  • New Jersey racetrack expected to be first to take advantage of court ruling
  • CBS strikes back, sues Redstone family to stop Viacom merger
  • Cryptocurrency company looks for Ripple effect
  • Maxine Waters playing race card: Alveda King
  • Symantec mystery probe connected to public disclosures
  • Karl Rove names main source of White House leaks
  • FDA declares nationwide EpiPen shortage: Trump administration taking action
  • Calpers chief investment officer leaving largest US public pension

 

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

9MarketIndicatorsYahooFinance5.14.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

 

 YahooFinanceManufacturedHousingCompValue5.14.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

The numbers below are from MarketWatch, but the same data can be found from a variety of sources.

What’s going to be surprising-to-some is that the tax cuts that boosted federal revenues for Presidents Jack Kennedy (D) and Ronald Reagan (R), has provided another early reward to the Trump Administration too.

A federal surplus for the month. 

Here are the facts.

 

The Numbers:

The U.S. took in $510 billion in receipts in April and spent $296 billion, leaving the Treasury with a record monthly surplus of $214 billion. The prior record, set in April 2001, was about $190 billion,” per MarketWatch.

 

What Happened:

Tax receipts poured in during April, when tax returns and certain taxpayers’ quarterly estimated payments are due. Individual receipts climbed by $66 billion over last April, something the Congressional Budget Office has attributed to stronger-than-expected income growth in 2017, as well as “larger-than-anticipated payments for economic activity in 2018.”

That surplus occurred even though spending rose in April.  It rose 8%, due to higher payments on Social Security and interest on the public debt.

The projections are still for a deficit this year.  But the norms of history suggest that continued economic growth will in time reduce that budget gap. With a combination of rising federal receipts, adding some fiscal discipline, and other plans advocated by the Trump Administration for economic growth continue to take hold, the outlook is hopeful.

Of course, any number of factors could provide wrinkles to the plan and time line. But the fact that receipts are up over last year, after a big tax cut should be a wakeup call for all of those who failed to understand the historic lessons being applied by the Trump tax cut team.

It goes without saying that a healthy economy is good for the nation, and the manufactured housing industry. The Daily Business News will continue to monitor this topic.

AfterTaxCutsUSRecordslargestBudgetSurplusPlusManufacturedHomeMarketUpdates

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.14.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

 

“Audit the Algorithm!” – Mark Zuckerberg, Facebook and Google Monopoly – Manufactured Housing Marketers Notice

May 14th, 2018 Comments off

AuditTheAlgorithymMarkZuckerbergGoogleMonopolyPowerManufacturedHousingMarketNotice

Americans respond to print media, signage and off-line marketing methods, as attentive manufactured housing industry professionals know.

 

That noted, the research says that most home shoppers at some point are shopping online.

According to research by Google and the National Association of Realtors, 90 percent of housing shoppers are doing at least some of that shopping online.

Rephrased, that means that manufactured housing professionals are beholding, and to a real extent, are at the mercy of what Google and Facebook’s algorithms dictate.

What that means is that the search-tech giants have a huge influence over manufactured homes, or other housing searches.  That same point – the influence of Google and Facebook – can be made about their influence over the news millions consume.

That concentration of monopolistic economic power has caused concerns among the mainstream media, politicos and others.

 

A Striking Admission by Facebook Founder, Mark Zuckerberg

There are times that admissions are made by powerful people that deserve to be etched into the memories of manufactured housing industry professionals.

MarkZuckerbergCreditEntreprenuerDailyBusinessNewsMHProNews

Facebook co-founder, Mark Zuckerberg, is already a force in manufactured housing marketing.  Before the recent concerns, he was widely rumored to be a Democratic contender for president. What’s certain is that he and other tech giants can influence who the next president or other elected officials are.. 

Facebook CEO Mark Zuckerberg acknowledged that Silicon Valley is an “extremely left-leaning place,” per the Washington Times.

That four-word candid admission by Zuckerberg speaks volumes.

It isn’t just billionaire Zuckerberg who leans left, is what he is admitting. High profile Google, Apple, Amazon, Microsoft, and Berkshire Hathaway leaders all do too.  Why? And why does it matter?

NewsCorp, the parent to Fox News, is calling for an outside audit of the algorithms the tech giants are using, per the Deadline, because of the enormous power they have over the marketplace.

 

To illustrate the power NewsCorp and others are fretting about, Drudge recently reported that:

  • Google is the number one website online,
  • Facebook is number two,
  • and Google parent Alphabet owned YouTube is now number three.

Everything else online pales in comparison.

That monopolistic power in search means Alphabet-Google-YouTube and Facebook influences news consumption.

It also means that ad revenue is increasingly concentrated in the hands of the tech giants, not local or even national media.

Warren Buffett has admitted that newspapers as we know them are dying, and he owns a number of media outlets. “It’s difficult to see how the print product survives over time,” Buffett has said.

 

Left and Right, the Anti-Monopolistic Fight?

If the Democratic Party really is the people’s party, why have so many Democrats kissed up to billionaires for so long? It’s an issue for progressives among Democrats, question that Elizabeth Warren and others have wrestled with.  Taking on the giant monopolies is part of the “Better Deal” the Democrats rolled several months ago.

Elizabeth Warren is among those calling for a breakup of monopolistic power.  By doing so, some argue, it will boost the economy, fuel more businesses, create more jobs, and thus make wages go higher too.

As MHProNews has reported, there are voices ranging from the far left to the far right calling to control or break up the monopolies.  Right leaning Breitbart, was joined by left leaning Fortune recently, with the following concern.

The mere size, power, and mostly unregulated conduct of the digital monopolies—Facebook, Alphabet [parent to Google and YouTube], Amazon, Apple, and Microsoft — as well as the unprecedented scale and speed with which personal data is collected and turned into predictive algorithms, creates an omniscient, opaque machinery that threatens to erode the very foundation of American democracy,” wrote Moran Cerf, Sandra Matz, and Guy Rolnik. 

 

Winner Take All?

The digital economy has turned into a winner-takes-all arena, with a small number of companies controlling large parts of the market. The resulting lack of competition can potentially hinder innovation and entrepreneurial growth and exacerbate inequalities in labor markets. Companies like Amazon, for example, can strong-arm taxation systems and recruit our best and brightest talent to work on tasks that are crucial to its business,” said the trio of writers for Fortune.

News flash, to industry professionals.  If it is “winner take all,” that means that the vast majority of businesses will become the losers.

Specifically, they can employ anti-trust rules aggressively to break existing digital monopolies (i.e. break down Google into smaller corporations that are not allowed to share user data or resources)… Prior government interventions, such as the successful anti-trust regulation of Bell Labswhich resulted in the growth of Silicon Valley—could serve as role models,” per Fortune.

In fact, standing up to digital monopolies is in corporations’ best self-interest…If Alphabet decided to enter the real estate brokerage market tomorrow, the sheer amount of data it holds on individuals from all over the world would make it a leading competitor overnight,” said Fortune.

The article added, “While many of the digital monopolies have started out under the ethos of audacious social missions—such as “connect the world” (Facebook) and “organize the world’s information” (Google)—their current practices make their missions sound more like “exploit human vulnerabilities” or “claim the maximum amount of user attention.”

NewsCorp says audit and regulate them.

But others are saying there is a need to break up these giants.

Scott Galloway is one the Daily Business News has mentioned before. The same principle applies to other giants, which are found in the related report links below.  Note that left and right news media videos above and below show that the interest spans the spectrum.

But the takeaway for marketers, investors and industry professionals is this.

The midterms are rushing up.  There ought to be a push to ask politicos where they stand on the problems of modern monopolies. Will they support those who believe that breaking up the monopolies is good for the majority of businesses, and is good long term for jobs and the vast majority of people?

There is still time to act.  We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Third party images and content are provided under fair use guidelines.)

Related Reports:

Affordable Housing Revolt! Amazon’s Jeff Bezos Video Responds to “Breakup” Growing Monopoly, and Manufactured Housing

Meet the Modular Housing Builder Google Picked, and their “Industrial Cathedral”

Progressive “Nation” Reports on Monopolies Cites Buffett, Clayton, Others – MH Industry Impact?

 

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

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SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Hyperloop Nearly Complete, Pros, Cons, Videos, MH Impacts – Plus Manufactured Housing Industry Investor Market Reports, Data

May 11th, 2018 Comments off

DowCNNMoney5.11.2018ManufacturedHousingIndustryDailyBusinessNewsMHproNewsBillionaire investor and inventor Elon Musk’s hyperloop is almost ready.  He’s going to give away free rides.  Details, pros and cons, and the potential impact for manufactured housing are our focus report for tonight.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

Headlines and bullets from Fox Business.

  • Trump’s plan to lower drug prices: increased competition
  • The White House proposes eliminating the “middlemen.”
  • Symantec loses $6B in market value over mystery probe
  • F-150 not alone: GM, Fiat Chrysler hit by parts shortage
  • Dow index posts seventh straight day of gains
  • Starbucks’ Howard Schultz opens bathrooms to all after Philly incident
  • AT&T exec out in Michael Cohen payment scandal
  • Trump tariffs: California almond growers say China, US stand to lose
  • FCC fine of $120M for nearly 100 million robocalls in three months
  • Facebook plans to create its own cryptocurrency: report
  • In between agents? Damon Wayans Jr. could help you in the meantime
  • White House addresses fears of robots replacing humans: technology executive
  • Aflac toy robot for kids faces cancer with real feelings
  • GameStop CEO steps down after three months in role
  • Candace Owens rips media smear campaigns: Time for conservatives to ‘punch back’

 

Headlines and Bullets from CNN Money.

             Banks are walking away from low-income homebuyers

             The $2 billion food startup you’ve never heard of

             Piloting a drone can earn you $100,000 per year

             The self-driving car startup that the auto industry actually trusts

             Can this technology modernize how we vote?

             El Salvador may host 3D-printed home community

             She was too short to play Goofy. Then she invented Spanx. Now she’s a billionaire

             Before she became a CEO, Sarah Robb O’Hagan was fired and laid off

             How Richard Branson went from high-school dropout to billionaire entrepreneur

             When this billionaire entrepreneur started out, he was living in his car

             LinkedIn says these skills are crucial to landing a job in 2018

             Trump lays out his vision for lower drug prices

             Just who gets those big drug rebates?

             The oil market is about to get scary

             Accused robocall ‘kingpin’ fined a record $120 million

             AT&T CEO says hiring Michael Cohen ‘was a big mistake’

             Postal Service losses soar to $1.3 billion, but don’t blame Amazon

             ‘Impossible position’: Brexit is going nowhere fast

             Humanoid robot runs through the park by itself

             Elon Musk’s LA tunnel is almost finished — and he’s offering free rides

             Cisco yanks all its ads from YouTube

             Google’s plans to use AI to help the blind

             The most influential man in Silicon Valley 

             Trump lays out his vision for lower drug prices

             Just who gets those big drug rebates?

             The oil market is about to get scary

             Accused robocall ‘kingpin’ fined a record $120 million

             AT&T CEO says hiring Michael Cohen ‘was a big mistake’

             Postal Service losses soar to $1.3 billion, but don’t blame Amazon

             ‘Impossible position’: Brexit is going nowhere fast

             Humanoid robot runs through the park by itself 

The Closing Tickers:

ClosingTickers12marketIndicatorsYahooFinanceManufacturedHousingINdustryDailyBusinessNewsMHProNews600

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompositiveValue5.11.2018DailyBusinessNewsMHproNews

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 –

HyperloopEconomist

Elon Musk’s LA tunnel for the hyperloop is almost finished, reports CNN Money and others in media.

It represents Musk’s plan to beat Los Angeles traffic.

Musk, is known for Tesla, Space X and is the founder of the Boring Company.  He announced late Thursday the tunneling startup has nearly finished building its first stretch of a Los Angeles tunnel.

The tunnel will be a key component of its loop transport system, which will move people in their own cars or passenger “pods” for bicyclists and pedestrians. The high-speed system will allow people to bypass LA traffic, and thus get around the city faster.

But it is also a possible vision into how commuters from outside a metro could move more quickly into a city to do their work.  That would allow workers to buy homes – including manufactured homes – further out, where land and other costs would be lower.

Musk stated that the public will be offered free rides on his Loop service in the upcoming months, once the Boring company receives regulatory approval.

 

The company has sought a permit for a 2.7-mile tunnel in busy West Los Angeles, but its overall vision includes a 60-mile tunnel network that would be one of the largest subway networks in the United States.

Musk said pedestrians and cyclists will receive priority access to the tunnels, and that access will cost less than a bus ticket.

Two videos give you more insights, the first is pithy, the second is more in depth and gives added background to hyperloop.

CBS News

 

The Economist

White House Official Statement on Artificial Intelligence – Industry and Business Summit

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).

BloombergWatchlistManufacturedHousingIndustryConnectedStocskClosingBellBerkshire 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.  Comparisons on traffic compared to MHI, others – linked here.

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

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

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

l_a_tony_kovach__mhlivingnews__credit

L. A. “Tony’ Kovach., publisher, MHProNews.com MHLivingNews.com

By L. A. ‘Tony’ Kovach.

 

Communities and Counties Pay People to Move There, Plus Manufactured Housing Industry Market Reports

May 10th, 2018 Comments off

CNNMoney5.10.2018ICYMI, yes, you read that headline correctly.  There are cities and towns that pay you to move there, or to live there. This could be useful information for manufactured home marketers in or near these areas. That will be our spotlight report this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

Headlines from CNN Money.

  • Wells Fargo owes $97 million to California workers
  • China is the big wild card in Trump’s Iran decision
  • Iran fears send US oil above $70 for first time since 2014
  • Apple’s game-changing iMac turns 20 years old
  • Allegations against Junot Díaz leave book world asking tough questions
  • Emerging markets wobble: Argentina hikes rates to 40%
  • Ford suspended production of the F-150. Here’s what that means
  • When will Ford run out of F-150s?
  • Will Ford’s suspension impact you?
  • Ford dropping all but 2 cars from its North American dealerships
  • Why Ford’s decision to drop sedans makes sense
  • Why you might want both a traditional 401(k) and a Roth
  • You’re a saver, but you married a spender
  • When is an annuity a good choice?
  • LinkedIn says these skills are crucial to landing a job in 2018

 

Headlines from Fox Business.

  • Dow turns positive for 2018 as inflation concern eases
  • Wednesday’s gains pushed the S&P 500 back up for the year.
  • Visa glass ceiling scrutinized in CEO meeting
  • Iran oil ban: Can US make up for shortfall?
  • Wells Fargo ensnared in pension fund snafu
  • Novartis cites ‘mistake’ in paying Trump lawyer
  • Peyton Manning reportedly asked to join Carolina Panthers ownership bid group[overlay type]SPORTS
  • The two-time Super Bowl champion quarterback is said to be considering an offer from billionaire Ben Navarro.
  • NTSB probing 4th Tesla crash
  • Snap co-founder Evan Spiegel named highest-paid CEO of 2017
  • Why the Ford F-150 is a profit machine
  • US should revive enhanced interrogation techniques: Dick Cheney
  • Iran nuclear ambition may draw US into war: Leon Panetta
  • Trump DOJ to Comcast, ‘public enemy No.1’: Not so fast!
  • Have a virus? It’s allergies, Dr. Mike says
  • Spotify bans R. Kelly from playlists as hate policy announced
  • Gasoline prices: These states are paying the most
  • Bouqs CEO John Tabis talks ‘Shark Tank’ rejection, tips for entrepreneurs

The Closing Tickers:

9marketClosingIndicatorsYahooDailyBusinessNewsManufacturedHousingIndustryMHProNews

Manufactured Housing Composite Value (MHCV)

ManufacturedHousingCompositeValue

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 –

CNN Money’s mostly right on this report, per other sources, and there is enough correct where the report is worth sharing.  The issue is CNN making the claim overly broad, about rural areas losing population.  Some areas are, others are not.

For example, Pew Research said about a year ago that there is a move toward more rural areas, so there is at least a dispute on that issue.

That some communities are losing population is not in dispute.

What is certain is that there are rural towns and counties that pay you to move there, or give other incentives. This might be useful information to marketers of manufactured and modular homes.

According to Brookings, the “US population disperses to suburbs, exurbs, rural areas, and “middle of the country” metros, per William H. Frey on Monday, March 26, 2018.”

So CNN could be wrong overall on the move away from rural areas, but that these towns, counties or even a state are giving people incentives, that’s a fact at this time.

CNNMoneyDecliningRuralPopulationDailyBusinessNewsMHproNews

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).

BloombergWatchListDailyBusinessNewsMHProNews

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.  Comparisons on traffic compared to MHI, others – linked here.

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

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

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

l_a_tony_kovach__mhlivingnews__credit

L. A. “Tony’ Kovach., publisher, MHProNews.com MHLivingNews.com

By L. A. ‘Tony’ Kovach.