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Posts Tagged ‘Warren Buffett’

Buffett, Dimon, Housing, Economic, Political Freedom, IG, Deep State, and Manufactured Housing Industry Progress

June 15th, 2018 Comments off

WarrnBuffettDimonManufacturedHousingFreedomDOJOfficeOfInspectorGeneralLogoEagleManufacturedHousingIndustryDailyBusinessNewsMHProNews

None are more hopelessly enslaved than those who falsely believe they are free.”

– Johann Wolfgang von Goethe, GoodReads.

 

Chains of habit are too light to be felt until they are too heavy to be broken.”

– Warren Buffett, BrainyQuotes.

 

Most of us are imprisoned by something. We’re living in darkness until something flips on the switch.”

–      Wynonna Judd, GoodReads.

 

Like a snake sheds its skin, we are capable of getting rid of assembled habits, creating space to call matters into question…We can retreat, then, from the imprisonment of a deadly routine, acquire an identity and develop our personality.”

– Erik Pevernagie, “Man Without Qualities.”

 

The American economy is becoming the envy of the world, says a new report in NewsMax.

USBecomesGlobalEconomicBrightSpotEuropeChinaStruggleNewsmaxManufacturedHousingIndustryDailyBusinessNewsMHProNews

While U.S. economic growth is surging, other national economies are reportedly slipping and faltering.

Coincidence? Hardly.

Even left-of-center sources or Democratic supporting political supporters are starting to acknowledge that Trump Administration policies, including regulatory rollbacks, and the Tax Cuts and Jobs Act, are fueling economic expansion.

Politically Incorrect Cartoon Commentaries, Lighter Side of Making America and Manufactured Housing Great Again

Jobs that former President Barack Obama said where never coming back to the U.S. – like mining and manufacturing – are roaring back under the Trump Administration’s leadership.

 

Billionaires Warren Buffett, Chase’s Jaime Dimon Praise U.S. Economy

For those who don’t know, Warren Buffett has been a Trump critic long before his successful run for the Oval Office.

So, it is worth noting that Warren Buffett, who supported Barack Obama and later Secretary Hillary Clinton, recently praised the U.S. economic recovery that has been occurring as a result of President of the United States (POTUS) Donald J. Trump’s leadership.

Buffett says you should buy stocks, or make investments, when the long-term outlook in a field or company is good.  Think about that as you ponder Berkshire Hathaway’s moves in the manufactured housing industry space in the last 15 years.

Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines

As regular manufactured home industry Daily Business News readers know, Buffett’s Berkshire Hathaway includes numerous brands in and serving the manufactured housing industry.

Longtime, careful readers know Buffett supported policies that are often the opposite of what POTUS Trump is successfully promoting.

Taking each candidate at their word, Secretary Hillary Clinton would not have signed S 2155 into law, but President Trump did.

White House Signing Ceremony on Historic Pro-Growth Financial Regulatory Reform

 

ChainsofHabitAreTooLighttoBeFeltUntiltheyaretooHeavytoBeBrokenChainsYouPUtAroundYouselfNowHaveConsquencesWarrenBuffettAZQUotesDailyBusinessNewsMHproNews

This Buffett quote is worth pondering in the light of MHI and related controversies.

 

The DOJ’s Inspector General’s Report

On 6.14.2018, the Department of Justice (DOJ) Office of the Inspector General (IG) Office released an eighteen month report that points to issues with the 2016 election that point to a “Deep State,” and to issues that aren’t based in Russia, but rather are found right here in the U.S.A.

Before diving into elements of the DOJ IG report, let’s set the table with an understanding of the origin of the concept of the Deep State.

 

What is the “Deep State?”

Wikipedia says that “The term “deep state” was defined in 2014 by Mike Lofgren, a former Republican U.S. congressional aide, as “a hybrid association of elements of government and parts of top-level finance and industry that is effectively able to govern the United States without reference to the consent of the governed as expressed through the formal political process.”

According to whistleblower Edward Snowden, “the deep state is not just the intelligence agencies, it is really a way of referring to the career bureaucracy of government. These are officials who sit in powerful positions, who don’t leave when presidents do, who watch presidents come and go…they influence policy, they influence presidents.”

While some, like the New York Times, dismiss the notion of the Deep State, it is becoming widely discussed across the left-right media divide. The discussion on the so-called deep state is so intense, it’s spawned an upcoming cable TV series on Epix.

Part of the issue of “Deep State” bureaucrats, who are shown as flaunting rules that prohibit them from playing favorites, leaking information to the press, having their own agenda vs. that of an elected administration, and the like.

DeepStateDestroyTrumpBrancoPoliticalCartoonManufacturedHousingIndustryDailyBusinessNewsMHProNews

There are those in MHVille who point to Pam Danner, the prior administrator of the Office if Manufactured Housing Programs at HUD, as an example of the Deep State at work in ways that harmed the manufactured housing industry. Danner did so, they say, until she was finally removed.

Citing sources, the Washington Post report noted that it was MHARR, not MHI, that worked for Danner’s removal.

While he focused on the military-industrial complex, President Dwight D. Eisenhower raised a similar theme to the Deep State over half-a-century ago.  In his 1961 farewell address, POTUS Ike said “In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.”

The maxim of the proverbial “power behind the throne” makes it clear that various understandings of the Deep State are ancient, not new.

YourGuideToDeepStateBenGarrisonZeroHedgeDailyBusinessNewsMHProNews

 

The IG’s Report Points to Deep State Woes 

The DOJ’s IG report is a both a political and legal document. It claims that there is no evidence of undue influence or favoritism, before or since the 2016 election, in the FBI or DOJ.

Nevertheless, sources that have read the over 500 page report say it is replete with examples of the opposite.

Attorney, constitutional author, and talk radio firebrand Mark Levin – who at one point was a “never Trump” believer – gives a quick litany of examples. Levin lays out the facts of how the IG report reveals wildly problematic legal issues, with a strongly and illicit anti-Trump bias.

Tucker Carlson, who has an independent, libertarian bent, had several features last night that likewise raised issues with the IG report.

The video below is about what the IG report reveals about the FBI, according to a former FBI Assistant Director.

 

 

Judicial Watch President Tom Fitton on inspector general’s report’s findings in the handling of the Hillary Clinton investigation: Don’t trust mainstream media analysis.

 

Donald Trump Jr reacts to DOJ IG report.

 

 

Rudy Giuliani, attorney for President Trump, speaks out after the release of DOJ inspector general report on the FBI’s handling of the Clinton email investigation.

 

 

The president’s legal-team point man, former New York Mayor Ruddy Giuliani, said the IG report is proof that the entire special counsel handling has been tainted from the beginning.  He claims it is leading away from clear evidence of illegalities allegedly committed by Secretary Clinton and her supporters.

Meanwhile, with no evidence yet of any direct or illegal ties to Russia by the Trump campaign, there were “spies” (informants) used, electronic, and other surveillance methods used against now President Trump’s team.

The deep state could be viewed through the “Drain the Swamp” lens that helped elect Donald Trump.

ThereIsNoDeepStateSwampRightHoneyTinaTomNewYorkTimesDailyBusinessNewsMHProNews

When senior FBI agents vowed to keep Mr. Trump from winning, or would cause him to be wrongfully impeached once he won, it is a constitutionally frightening development.

Elections are a peaceful way of selecting representatives of the people in a Republic. Elections create a stake for voters.  But if elections can be rigged by high-level public officials, attempting to work behind the scenes, that’s a problem that will not end well.

But it would be naïve to think that high-level “rigging of the system” was new.

We noted the concern of President Eisenhower.  But other examples exist of the power of the unelected bureaucratic federal officials – including but not limited to, the FBI – during the Vietnam conflict, and during the civil rights movement.

This is why vigilance is necessary.  That’s a basic price of freedom.

FreedomIsnTFreeFredrickDouglassQuoteCropsWithoutPloughingRainWithoutThunderOceanWithoutRoarSturggleMOralPowerConcedesNothingMHProNews

Every day, foreign powers seek to influence each other’s politics. That’s nothing new. The U.S. has done it, China and Russia do it, as do other nations too. So the hype – mostly from the left – over “Russia, Russia, Russia” shouldn’t be overlooked, but it must be taken in context.

For Americans to remain free, “We, the People” must be properly informed. President Trump and Bernie Sanders alike were debatably correct when each said that the “system is rigged.”

Day by day, it seems clear that the 45th Chief Executive of the United States means to keep his campaign promises.

Everyone has character foibles and flaws.

JamesWattFLOTUSHillaryClintonVastRightWingConspiracyDailyBusinessNewsMHProNews_001

James Watt was known for insightful quotes.

But Mr. Trump is demonstrably taking the nation in a better economic direction. The steps he’s taken have been good for business in general, and good for manufactured housing.

Editorially, MHProNews has and continues to support President Trump based upon principles like tax cuts that have worked for past Democratic and Republican presidents alike.

As the midterms are approaching, there is a fight within the Democratic party between moderate and more socialistic Democrats. So say members of the Democratic party.

Doug Schoen, Clinton Adviser, warns – “Democrats must advance an agenda…to create a society of opportunity for all – not guaranteed outcomes achieved through wealth redistribution.”

In the GOP, recent voting indicates that pro-Trump candidates are outperforming so-called moderate or more traditional Republicans.

Time and again, the president has found a way to get things done. That’s why Americans elected him.  Unelected “deep state” actors ought not be permitted to foil the will of the people, expressed in a valid election.  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Third party image, and/or content, are provided under fair use guidelines.)

Related Reports:

NorthStar and Manufactured Housing Radix

 

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

 

“Coming Collapse of China,” Trade War “Will be Easy to Win,” Plus MH Market Updates

June 15th, 2018 Comments off

CNNmoney6.15.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe Coming Collapse of China” author Gordon Chang discusses why the U.S. would win a potential trade war with China.  With that being a hot topic, that will be our 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:

  • Citibank fined $100 million for interest rate manipulation
  • China: ‘The US has launched a trade war’
  • The US just made a bad week for the global economy even worse
  • Dow falls as US-China trade wars intensify
  • From ‘Solo’ to ‘Incredibles 2’: How Disney moves on from a box office setback
  • Time Warner unveils its new name: WarnerMedia
  • New Time Warner head: CNN has ‘special social responsibility’
  • ‘Fox & Friends’ interview caps Trump’s wild media week
  • He wanted to help kids learn. Now, his startup serves 90% of classrooms
  • Amid immigration crackdown, this avocado farmer is struggling to find workers
  • This concrete can trap CO2 emissions forever
  • How to put an end to vacation shaming
  • What’s really going on with wages in America
  • Americans are spending like mad again
  • Facebook’s top policy and communications exec steps down
  • Top White House communications aide has history of rhetoric strongly critical of Trump
  • SpinLaunch says it will launch rockets using no fossil fuels
  • Kentucky sues Walgreens for its role in the opioid crisis
  • Pittsburgh Post-Gazette fires editorial cartoonist
  • Why diapers are in trouble: Americans are having fewer babies
  • Elon Musk spends his own money to buy Tesla shares, again
  • Chicago picks Elon Musk company to build transportation system
  • Inside the dismantling of GE
  • GE changed our lives. Why is it struggling?
  • Nintendo’s disappointing E3 announcements send stock plunging
  • More black women are running startups, but their funding still lags
  • European Central Bank sets end date for $3 trillion stimulus program
  • Fed raises interest rates and signals faster hikes are on the way

Selected headlines and bullets from Fox Business:

 

  • China retaliates against Trump’s $50B in tariffs, slaps tariffs worth as much on US goods
  • Stocks pressured by potential trade war
  • Next steps in US-China trade negotiations
  • US economy on track for 4% GDP growth?
  • All Apple employees now have standing desks. Here’s why
  • The iPhone chief says he believes sitting is the “new cancer.”
  • DOJ is leaning toward appealing AT&T-Time Warner ruling: Charlie Gasparino
  • Major companies have announced big layoffs this month. Here’s a look
  • Oil down sharply – will gasoline prices to follow?
  • First Dads: The parenting styles of U.S. presidents
  • Naval Academy to Nike: Stop using logo similar to our crest
  • Why Trump’s solar panel tariff is hurting this US company
  • What is a backdoor Roth IRA?[overlay type]THE BOOMER
  • What is a backdoor Roth IRA?
  • Comcast Clears EU Hurdle in $29 Billion Bid for Sky
  • AT&T completes Time Warner takeover
  • Americans feel power to spend
  • 5-day Facebook vacation will reduce stress levels

 

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

 9MarketIndicatorsYahooFinance6.15.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.15.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

Award winning MHIndustry veteran Marty Lavin, JD, weighed in a few weeks ago on the topic of trade wars.

Lavin raised several issues, such as these:

When a trading partner has rules heavily skewed in their direction, as in the case of China, it is very difficult to achieve free trade.

  • Does each party have similar access to the other’s markets?
  • Are tariffs similar?
  • Are privately owned companies in the U.S. competing against government backed Chinese companies who can survive long after a privately-owned U.S. company would be long gone, and thus undercutting its pricing?
  • And most importantly, does the other country operate in a relatively free market?”

YouGetMoreOfWhatYouEncourageLessofWhatYouDiscourageMartyLavin

Lavin’s full discussion is linked below.

Free Trade or Economic War?

The “US has overwhelming leverage,” said Gordon Chang on Twitter today.

GordonChangeWikipediaManufacturedHousingIndustryDailyBusinessNewsMHProNews

Also years of freckles [sic] trade policies means there are no more no-cost solutions.”


While Chang’s concerns about taking on Canada and other U.S. allies is debatable, his points on China are worth considering.

GordonChangFoxBusinessComingCollapseofChinaTradeWarEasytoWinMHProNews

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).

6.15.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

Revised Economic Numbers Spotlight Strongest GDP in Years, Q2, Plus Manufactured Housing Industry Market Report

June 14th, 2018 Comments off
CNNmoney6.14.2018ManufacturedHomeStocksMarketsReportsMHProNews

5 day closing Dow ticker.

As the Daily Business News has noted previously, the broader economic and political developments routinely impact manufactured housing, and publicly traded stocks.  Reports from publicly traded companies often point to broader U.S. economic issues, such as job creation, consumer confidence, or rising wages as factors supporting more sales. So tonight’s focus is on the latest analysis by Moody Analytics on economic projections for the U.S. in Q2.

 

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:

  • Justice Department will not seek stay in AT&T-Time Warner case
  • Facebook’s top policy and communications exec steps down
  • Kentucky sues Walgreens for its role in the opioid crisis
  • Pittsburgh Post-Gazette fires editorial cartoonist
  • Americans are spending like mad again
  • Why diapers are in trouble: Americans are having fewer babies
  • Tesla Autopilot update aims to keep drivers’ hands on the wheel
  • Elon Musk spends his own money to buy Tesla shares, again
  • Chicago picks Elon Musk company to build transportation system
  • Inside the dismantling of GE
  • GE changed our lives. Why is it struggling?
  • Apple is starting a music publishing business. Here’s why
  • Nintendo’s disappointing E3 announcements send stock plunging
  • More black women are running startups, but their funding still lags
  • A building in London just sold for $100 million… per floor
  • This concrete can trap CO2 emissions forever
  • What’s really going on with wages in America
  • European Central Bank sets end date for $3 trillion stimulus program
  • Fed raises interest rates and signals faster hikes are on the way
  • Is the World Cup toxic for advertisers?
  • A World Cup in the US is a huge win for Fox
  • Apple closes law enforcement loophole for the iPhone
  • Volvo is the latest automaker to bet on this 23-year-old’s startup
  • 2 popular SUVs fail crash test
  • Germany fines Volkswagen $1.2 billion
  • Trump blasts OPEC again for high oil prices
  • After meeting with North Korean dictator, Trump calls press America’s ‘biggest enemy’
  • Rolls-Royce is slashing 4,600 jobs
  • GM will soon have a female CFO and CEO. That’s rare

Selected headlines and bullets from Fox Business:

  • Major companies have announced big layoffs this month. Here’s a look
  • DOJ won’t seek delay as AT&T nears completion of Time Warner takeover
  • Etsy stock skyrockets as company hikes full-year expectations
  • Mortgage rates near 2018 highs as Fed hikes interest rates
  • Nasdaq hits record high, but Dow slips
  • Amazon, Microsoft stealing Oracle’s business: JPMorgan
  • Domino’s move to fill potholes is pure brilliance, brand experts say
  • Insiders say consumers no longer want companies to just sell them products.
  • US Open: Tiger Woods, Jordan Spieth among favorites with $12M at stake
  • Nintendo COO addresses Sony’s ‘Fortnite’ controversy
  • California may adopt ultra-liberal politics if split into three states: Cal 3 spokesperson
  • Two massive salmonella outbreaks percolate ahead of summer
  • Musk’s Boring Company to build high-speed system in Chicago
  • Venezuela’s economic crisis deepens – country considering refining foreign oil
  • S. Open: This business generates 8-figures in revenue in just 11 days
  • IG report confirms ex-FBI Director Comey’s insubordination
  • Sluggish wage growth puzzling, Fed’s Powell says
  • College graduates turn basement fun into Montauk Brewing Company
  • The 10 largest corporate mergers in U.S. history

 

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

9MarketIndicatorsYahooFinance6.14.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.14.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

Left of center CNBC tips hat in report on Q2 consensus projections to the Trump Economy

Median3.9PercentGDPClubCNBCManufacturedHousingIndustryDailyBusinessNewsMHProNews

Still from video, further below.

The Daily Business News has been tracking the Trump Economy in a variety of ways, since the decision was known in the wee hours of November 9, 2016.

4PercentGDPClubCNBCManufacturedHousingIndustryDailyBusinessNewsMHProNews

2nd of 3 stills from video, further below.

A popular series of political cartoons was presented at the link below.

Politically Incorrect Cartoon Commentaries, Lighter Side of Making America and Manufactured Housing Great Again

But specifically regarding the CNBC report, are the following bullets, graphics and video.

Per CNBC:

  • Trump’s forecast of 4% GDP growth close to coming true as Americans spend tax-bill proceeds
  • Surging consumer spending is driving GDP well above prior estimates, and it is now tracking near 4 percent for the second quarter.
  • That’s almost double the pace of the first quarter.
  • Economists say the consumer is seeing the impact of the tax cuts and is spending, as a result of more disposable income.

 

 

NOT4PercentGDPClubCNBCManufacturedHousingIndustryDailyBusinessNewsMHProNews

3rd of 3 still from CNBC video posted above.

Flag Day, POTUS Trump Doctrine, Supply, Demand, Financing, Affordable Housing, Jobs, Economic Growth, Human Dignity, and God

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).

6.14.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

Mergers & Acquisition Activity Heats Up After Ruling, Plus MH Market Updates

June 13th, 2018 Comments off

CNNmoney6.13.2018ManufacturedHomeStocksMarketsReportsMHProNewsOn a down day on Wall Street, a big part of the buzz has been the Department of Justice’s (DOJ) legal action that began in the waning days of the Obama Administration.  That case is now done, and AT&T has won a clear victory. The judge urged no appeal, but that doesn’t keep the Feds from taking another bite at the apple.  The ruling could have widespread consequences, say experts, and 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:

  • Comcast bids $65 billion for most of 21st Century Fox
  • Here’s the new AT&T
  • Trump blasts OPEC again for high oil prices
  • Inside the dismantling of GE
  • GE changed our lives. Why is it struggling?
  • A World Cup in the United States is a huge win for Fox
  • Top conservative media personality turns on EPA chief Scott Pruitt: He’s ‘gotta go’
  • This concrete can trap CO2 emissions forever
  • GM will soon have a female CFO and CEO. That’s rare
  • Jeff Bewkes’ legacy: The rise of HBO and a successful sale of Time Warner
  • Here’s one way to pick a winning stock
  • Germany fines Volkswagen $1.2 billion over diesel scandal
  • Bond king Jeff Gundlach sounds alarm on America’s ‘exploding’ debt
  • H&R Block closing 400 locations and lowers outlook
  • The war over Fox could officially kick off today
  • Brexit could make Britain’s car industry ‘extinct’
  • Is your bitcoin investment safe?
  • Bitcoin prices have been manipulated, study says
  • ZTE stock plummets more than 40% after crippling US ban
  • WPP survives investor revolt over former CEO payout
  • After meeting with North Korean dictator, Trump calls press America’s ‘biggest enemy’
  • As Medicaid costs soar, these states are trying a new approach
  • The 10 biggest tax breaks for individuals
  • Do I really need a financial adviser?
  • Tesla cuts 9% of staff

Selected headlines and bullets from Fox Business:

  • Comcast makes $65B bid for 21st Century Fox assets, nudging out Disney
  • Will the DOJ appeal AT&T’s $85B Time Warner deal approval?
  • Dow loses 120 points as Fed increases rates, looks for additional hike in 2018
  • Jerome Powell, Fed chair, discusses interest rate hike
  • White House watching Senate bill that could jeopardize ZTE deal ‘very closely’
  • Fed raises interest rates again[overlay type]THE FED
  • Fed raises interest rates again
  • As expected, policymakers at the central bank hiked short-term interest rates.
  • Most millennials expect to retire at age 56
  • Whole Foods CEO describes ‘clashes with Amazon’ in leaked audio recording
  • Credit service Intuit addresses refusal to process gun purchases
  • Trudeau cabinet member prepared to end Trump trade spat
  • Fed rate hike bad news for consumers as housing crisis persists
  • Etihad Airways in talks to cancel, defer Boeing 777X orders: Sources
  • Volkswagen fined $1.18B for diesel emissions cheating
  • Guess Chairman Paul Marciano resigns after probe into improper conduct
  • Seattle can’t ‘scare the golden goose’ after head tax repeal
  • Investors can make a fortune in North Korea, Jim Rogers says
  • World Cup 2018 prize money: Here’s what each team will earn
  • Fed raises interest rates again

 

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

9MarketIndicatorsYahooFinance6.13.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.13.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

CFRA Research senior analyst Tuna Amobi and attorney Leeza Garber on the impact of the AT&T-Time Warner deal on the media industry.

CNBC’s three top bullets reports about the Comcast offer for Fox as follows.

  • Comcast, the parent of CNBC, offered Fox shareholders $35 a share in cash and 100 percent of the shares of the company left behind after the deal.
  • The deal is a 19 percent premium to the value of Disney’s offer as of noon on Wednesday.
  • The announcement comes one day after a federal judge cleared the way for AT&T’s megadeal for Time Warner, a decision that is expected to unleash a wave of big mergers.

 

21st Century Fox is the legal successor to News Corporation dealing primarily in the film and television industries. … The company’s assets include the FoxEntertainment Group—owners of the 20th Century Fox film studio (the company’s partial namesake), Fox television network and Fox News channel, among other assets,” said Wikipedia.

TunaAmboiLeezGarberDailyBusinessNewsMHproNEws

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).

6.13.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

The Art of the Deal – President Trump’s Video Presentation to NoKo Chairman Kim Jung Un Released, Plus MH Market Updates

June 12th, 2018 Comments off

CNNmoney6.12.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe White House has released the English and Korean versions of a video presentation that President Donald J. Trump shared with North Korean leader Kim Jung Un at their historic summit meeting. That video will be part of our featured report this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline 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. http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

Selected headlines and bullets from CNN Money:

  • Tesla cuts 9% of staff
  • Trump had a chance to cut Canada’s dairy tariffs. He walked away
  • Investment manager: Bet on financial companies and PayPal
  • ‘Avengers: Infinity War’ joins an exclusive club of films that top $2 billion
  • Jeep Grand Cherokee and Ford Explorer get worst ratings in crash test
  • When a sexual harasser is a customer
  • Interest rates are about to rise again
  • These sanctions will keep squeezing North Korea’s economy
  • Could North Korea become an opportunity for US companies?
  • Why Trump went on a media tour after the Singapore summit
  • Uber targets millions of new users with lite app
  • Chinese smartphone maker Xiaomi is going after Europe
  • Made in America: The German cars Trump doesn’t want
  • Louboutin wins fight to prevent red sole copycats
  • Ivanka Trump and Jared Kushner detail vast wealth
  • Uber’s Bozoma Saint John leaves after one year
  • Net neutrality rules are now repealed. Here’s what that means
  • A new approach to cybersecurity: let the hackers in
  • Amazon expands Whole Foods discounts to 10 states
  • Analysis: The future of media isn’t media
  • UK companies will have to explain CEO pay
  • Craigslist founder gives $20 million to journalism school
  • How big brands are trying to pull off a recycling revolution
  • There’s a new way to earn Starbucks coffee points
  • Billions in cryptocurrency wealth wiped out after hack

Selected headlines and bullets from Fox Business:

  • AT&T prevails as Time Warner takeover gets OK from judge
  • AT&T’s $85 billion quest for Time Warner: The trial’s greatest hits and misses
  • AT&T –Time Warner’s $85B deal decision: 4 scenarios
  • Trump ‘can’t jump ahead’ in North Korea negotiations: Leon Panetta
  • Trump, North Korea deal too focused on US actions: Paul Wolfowitz
  • Stocks take US-North Korea summit outcome in stride
  • Credit service Intuit shuts down payments on all gun purchases
  • Investors flocking to American stocks – here’s why
  • Trump, Kim summit much more than just a handshake: Varney
  • Seattle may pull ‘head tax’ after Amazon, Starbucks cry foul
  • Tesla Model 3 production on the rise? Shares climb on upbeat Wall Street forecast
  • Trump, Kim Jong Un talks ‘significant’ despite vague agreement
  • Small business optimism soars, resulting in increased hiring and wages
  • McDonald’s to reveal restructuring plan
  • Trump, Kim summit leads to real estate boom in this Chinese trade city
  • Robots could replace as many as 10,000 jobs at Citi
  • Union to meet with GE in last-ditch effort to save Virginia plant
  • Jeep Grand Cherokee, Ford Explorer get ‘poor’ ratings in new safety test
  • Both 2018 car models failed to pass front passenger crash tests.
  • Investors flocking to American stocks – here’s why
  • Here’s what fund managers think about the state of the global economy.
  • OPEC sees uncertain outlook for oil market
  • OPEC likely in no rush to relax their output cuts

 

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

9MarketIndicatorsYahooFinance6.12.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.12.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

Vanity Fair panned it, and it will be no surprise if others in the ‘never Trump’ parts of the media do too.

But nothing proves value as much as success.

It was a video production designed for a specific audience, one person. North Korean (DPRK) leader Kim Jung Un.

The Daily Business News report on the meeting is linked below, complete with the agreement that the two signed.

ArtOfDealPresidentTrumpsVideoPresentationToNoKoDPRKChairmanKimJungUnReleasedMHMarketUpdatesDailyBusinessNewsMHProNews

Still from White House video.

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).

6.12.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

 

Pending Federal Case Could Open Flood Gates, Mergers and Acquisitions (M&A), Plus MH Market Up-dates

June 11th, 2018 Comments off

CNNmoney6.11.2018ManufacturedHomeStocksMarketsReportsMHProNewsJudge Nap” expresses his take on what the pending AT&T-Time Warner deal could mean for other media deals that are waiting on the sidelines.  Could this set a precedent for manufactured housing industry M&As?  With manufactured housing stocks mostly up, that pending case and video will be our 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:

  • Executives are cashing in on the explosion in stock buybacks
  • Uber’s Bozoma Saint John departs company after one year
  • Interest rates are about to rise again
  • Billions in cryptocurrency wealth wiped out after hack
  • G7 chaos is a PR win for China
  • OPEC president: US hasn’t asked us for more oil
  • Investors love what Italy’s new economy minister is saying
  • UK companies will have to explain CEO pay
  • The latest brew from Starbucks and Chase: A prepaid card for collecting coffee points
  • Craigslist founder gives $20 million to journalism school
  • A new approach to cybersecurity: let the hackers in
  • How big brands are trying to pull off a recycling revolution
  • IHOP reveals the mystery of IHOb
  • The 10 biggest tax breaks for individuals
  • Chinese companies may invest in North Korea. American? Not so much
  • Swiss bank shares rally as voters reject new rules
  • Elon Musk’s ‘not a flamethrower’ devices show up on eBay for thousands
  • Things don’t look good for Dodge and Chrysler
  • National security panel drops objections to Chinese firm’s purchase of American insurer
  • Ben Bernanke warns: This is the Wile E. Coyote economy
  • Questions pile up about why reporter’s records were seized
  • New Yorker’s Adam Davidson: The media is missing a ‘very simple’ story about Trump
  • CNN anchors reflect on the life of Anthony Bourdain
  • Journalist jailed by Iran: How Anthony Bourdain changed my life
  • TV networks, colleagues and fans pay tribute to Anthony Bourdain
  • Inside Anthony Bourdain’s globe-trotting career
  • Kate Spade and Anthony Bourdain: How the press can cover suicide without creating a ‘contagion’
  • Anthony Bourdain’s ‘Kitchen Confidential’ becomes Amazon top seller
  • Immigrant doctors in rural America are sick of waiting for green cards
  • Trump administration’s latest attack on Obamacare would gut protections for the sick
  • Disney’s John Lasseter, famed animator, to leave company following ‘missteps’

Selected headlines and bullets from Fox Business:

  • North Korea summit: How Trump will communicate, negotiate with Kim Jong Un
  • Stocks cautious ahead of Trump-Kim meeting
  • North Korea the next frontier for US businesses?
  • Kim’s capitalist kingdom of Korea
  • North Korea summit: What success is for Trump, Kim Jong Un
  • Net neutrality repeal a ‘blow to binge watchers’
  • PG&E shares fall as California links utility company to wildfires
  • North Korea cyberattack strength sits in the shadows of nuclear focus
  • Rolls-Royce, preparing to cut thousands of jobs, says engine problem has spread
  • Cryptocurrencies lose more than $42B following hack, regulatory crackdown
  • AT&T-Time Warner ruling sets precedent for Comcast-Disney bidding war: Judge Nap
  • Amazon expands Whole Foods Market discounts for Prime members
  • IHOP says ‘b’ in new name stands for ‘burgers’
  • US watchdog finds violations at Foxconn factory making Amazon devices
  • Trump trade beef with Canada: Former Canadian prime minister weighs in
  • Elon Musk’s flamethrowers hit eBay with sky-high resale prices
  • Trump must re-invite Philadelphia Eagles to White House, Chicago Cubs owner says

President Trump and the Eagles must put politics aside for the go

 

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

9MarketIndicatorsYahooFinance6.11.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.11.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 decision will very much send a signal as to what to expect from the DOJ in the future,” Judge Andrew Napolitano said on Fox Business Monday morning.

The AT&T- Time Warner merger ruling could set the precedent for other media “M&A” deals in the works, Judge Andrew Napolitano said on Monday.

Court-watchers will be looking for clues in the ruling as to what this might mean for others, including, perhaps manufactured housing.

The president has indicated hinted at times an interest in taking on Amazon.

If so, that may be a parallel to action in the currently lower-profile manufactured housing industry.

LawCasesLawBooksLegalImagePendingFederalCaseCouldOpenFloodGatesMergersAquisitionsManufacturedHousingIndustryMHProNews

Related Report:

Wall Street Journal – Tech Giants are Monopolistic Threat to Businesses, U.S. Economy

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

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).

6.11.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

 

 

Oil Price Forecast, and Manufactured Housing, Plus MH Market Updates

June 8th, 2018 Comments off

CNNmoney6.8..2018ManufacturedHomeStocksMarketsReportsMHProNewsIt goes without saying to industry professionals that fuel costs, energy drilling, and oil production are all factors that impact manufactured home producers, sellers and consumers. So, moves and projections in the oil market 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:

  • Inside Anthony Bourdain’s globe-trotting career
  • Anthony Bourdain’s ‘Kitchen Confidential’ becomes Amazon top seller
  • Forget the G7. A summit happening in China is what really matters
  • What is a tariff? Your trade questions, answered
  • Verizon names new CEO to lead 5G push
  • European banks are flirting with each other again. Here’s why
  • Porsche’s first electric car will be called the Taycan
  • See Porsche’s first fully electric car
  • Sheryl Sandberg tells MIT grads about ‘painful’ Facebook lessons
  • Famed conservative columnist says he has ‘only a few weeks left to live’
  • The key to more female CEOs: More female board members
  • Why it matters so much every time a woman CEO leaves
  • US lawmakers examining Google’s relationship with Chinese tech firms
  • Apple warns suppliers that iPhone demand is falling – report
  • Facebook bug set 14 million users’ sharing settings to public
  • Why did the US impose a ban on ZTE, then offer a lifeline?
  • Skepticism and backlash follow US deal with China’s ZTE
  • Argentina strikes $50 billion financing deal with IMF
  • NTSB: Tesla driver did not have hands on wheel before fatal crash
  • Kentucky Fried What? KFC will test a vegetarian alternative in UK
  • American companies are paying the price for Trump’s Iran policy
  • GE wants to be a traffic cop for drones
  • Twitter’s stunning turnaround
  • Tariffs aren’t the biggest problem for American exporters
  • 36% of colleges are hiding the cost to students
  • 76ers president Bryan Colangelo resigns over social media scandal
  • Real estate billionaire Sam Zell makes lewd comment about hiring women

Selected headlines and bullets from Fox Business:

 

  • Top four issues for Trump at G-7 summit
  • Dow extends win streak as stocks shrug off trade jitters
  • Huge Alaskan oil well found by small energy firm
  • Massive salmonella outbreak linked to backyard chicken flocks
  • Will the pope, oil execs and asset managers solve climate change?
  • McDonald’s US turnaround plan may include layoffs
  • Why is IHOP changing its name?
  • Kia is recalling half a million cars
  • Anthony Bourdain’s books skyrocket on Amazon after death
  • Homes are flying off the market in these US cities
  • Need some extra cash? Here are 10 high-paying side hustles
  • Business of the Triple Crown: Justify to earn millions for owners
  • US vs. China – America reclaims “world’s fastest” supercomputer title
  • Americans’ net worth tops $100 trillion for first time. Here’s why.
  • After Starbucks arrests, Philly police overhaul business trespass policy
  • Kids cited for unlicensed lemonade stands get major corporate support
  • 11-year old survivor meets Trump, helps pass bill for childhood cancer

 

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

9MarketIndicatorsYahooFinance6.8.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.8.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

Manufactured homes are transported – so it is obvious that fuel prices matter to the industry.

Energy drilling is often a cause for demand of modular and manufactured housing, so that too is a reason to consider the oil outlook.

This evening’s summary is from CNBC.

Some bullets, quotes and a video.

  • Oil prices are heading for a downturn later this year and will sink even lower in 2019 as the fundamentals of supply and demand weaken, J.P. Morgan forecasts.
  • Crude futures could have one last “hurrah” if OPEC eases its production caps, but the rally would likely be short-lived, the bank says.
  • Growth in oil consumption looks weaker than anticipated due to softer-than-expected economic growth in Europe, Latin America and the Middle East.
  • Oil prices are heading for a downturn later this year and will sink even lower in 2019 as the fundamentals of supply and demand weaken, J.P. Morgan forecast in a research note on Friday.
  • While geopolitical tensions and lingering risks of large supply disruptions remain an upside risk throughout 2H18, we think that prices will be corrected downwards towards end of the year and remain capped in 2019,” J.P. Morgan analyst Abhishek Deshpande wrote in the note.
  • Despite oil prices recently rising to 3½-year highs, the investment bank left its forecast for international benchmark Brent crude unchanged at $69.30 a barrel. On Friday, Brent was trading at just under $77 a barrel, off its recent high of $80.50.
  • J.P. Morgan now sees U.S. West Texas Intermediate crude averaging $62.20 a barrel, down $3 from its last estimate. WTI was trading at nearly $66 a barrel Friday, after nearly touching $73 a barrel two weeks ago.
  • The bank knocked down its 2019 Brent forecast by $1, to $63 a barrel. It lowered its outlook for WTI slightly to $58.25 a barrel.

 

EugenWeinbergCNBCOilpricesManufacturedHousingIndustryDailyBusinessNewsMHProNews

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).

6.8.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

 

Buffett-Dimon Plan Dropping Guidance Harms Investor Insight, Analyst Bove Says, Plus Manufactured Home Market Updates

June 7th, 2018 Comments off

CNNmoney6.7.2018ManufacturedHomeStocksMarketsReportsMHProNewsIf analyst Dick Bove is correct, the Warren Buffett-Jamie Dimon plan could spell trouble for investors.  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. 

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhpronews.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

 

Selected headlines and bullets from CNN Money:

  • American companies are paying the price for Trump’s Iran policy
  • GE wants to be a traffic cop for drones
  • Facebook bug set 14 million users’ sharing settings to public
  • Tariffs aren’t the biggest problem for American exporters
  • Buffett, Dimon and Bezos have a CEO for their health care venture
  • 76ers president Bryan Colangelo resigns over social media scandal
  • Uber wants to patent a way to use AI to identify drunk passengers
  • After the crisis, Silicon Valley overtook Wall Street as the place to be
  • US cuts a deal with Chinese smartphone maker ZTE
  • What is ZTE, and why does the US think it’s a national security threat?
  • Ikea bans all single use plastic from its stores and restaurants
  • MIT scientists created an AI-powered ‘psychopath’ named Norman
  • Legal marijuana could spark a $4 billion industry in Canada
  • EU to punch back at US with $3.3 billion in tariffs next month
  • President Trump is dressed as a king on the new Time magazine cover
  • 36% of colleges are hiding the cost to students
  • Should I pay off my debt or save for emergencies first?
  • LeBron and the Cavs are in trouble, but Nike is a champ
  • BlackBerry still hopes its keyboard keeps fans coming back
  • Kim Jong Un’s regime is using US technology, researchers find
  • 6,000 jobs at risk in UK’s latest retail casualty
  • Why people aren’t feeling the strength of the economy
  • Plane tickets are about to get more expensive
  • London Stock Exchange loses an hour of trading over technical glitch
  • Europe asks US to spare its companies from Iran sanctions
  • Mexico imposes tariffs on $3 billion worth of US exports
  • Samantha Bee’s on-air mea culpa: ‘Sorry for breaking America’
  • Read Samantha Bee’s full on-air apology
  • Ex-Fox News analyst: Fox has become ‘destructive propaganda machine’

Selected headlines and bullets from Fox Business:

 

  • Lawmakers eyeing Facebook, Google business models
  • Dow boosted by energy stocks, McDonald’s
  • 200 CEOs – including Dimon, Buffett – urge companies to make this change
  • Kraft Heinz paying kids slapped with lemonade stand fines
  • Big coal producer pushing Trump to end ‘dangerous’ war on coal
  • Starbucks hikes coffee prices, but why?
  • Jamie Dimon mulling a run for public office?
  • Bitcoin bashing: buyers beware?
  • Need a job? This Texas city is desperately looking for workers
  • McDonald’s US turnaround plan may include layoffs
  • There’s hope for Republicans, even in the bluest of states: Varney
  • How the truck driver shortage impacts you
  • Starbucks’ Howard Schultz rips Democrats for going too far left
  • The serious consequences of defaulting on your student loans
  • Buffett, Bezos, Dimon’s health care venture a step closer to reality
  • Coal company owned by West Virginia gov’s family adds jobs
  • Putin says Russian military not building long-term in Syria
  • President Vladimir Putin says he’s confident of Russia’s long-term economic growth.

 

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

9MarketIndicatorsYahooFinance6.7.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.7.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

CNBC provided the following bullets on concerns over a new plan advanced by Warren Buffett, Chairman of Berkshire Hathaway, the parent company for the manufactured housing industry’s largest conglomerate.  Their video interview with Buffett and Dimon are also shown, for balance.

  • A proposal by Jamie Dimon and Warren Buffett to end quarterly earnings guidance drew considerable acclaim but also scattered criticism, including a sharp rebuke from an analyst who’s been in the business for more than half a century.
  • The idea is “misguided” in that it would increase market volatility by reducing information and actually increasing speculation, said Dick Bove, a strategist at Hilton Capital Management, who has been a widely followed and sometimes contrarian voice in the financial markets since 1965.
  • We’re driving the market on rumor and innuendo, we’re driving the market to high-velocity trading, we’re driving it in all these directions that say knowledge has no value,” Bove said in an interview. “These two guys are at the top of the list saying knowledge has no value, therefore we don’t want to give it to you.
  • Dimon, who runs the largest bank in the U.S. as J.P. Morgan Chase CEO, and Buffett, the legendary head of industrial conglomerate Berkshire Hathaway, rocked Wall Street with their suggestion that corporate executives should stop providing future profit estimates during quarterly earnings presentations.
  • In a Wall Street Journal op-ed Thursday, and a joint CNBC interview, the duo bemoaned the short-term thinking plaguing market activity.
  • In our experience, quarterly earnings guidance often leads to an unhealthy focus on short-term profits at the expense of long-term strategy, growth and sustainability,” they wrote.
  • J.P. Morgan representatives did not respond to a request for further comment on Bove’s remarks. A Berkshire spokesman pointed to a portion of the op-ed noting that “transparency about financial and operating results is an essential aspect of U.S. markets” and advocates for quarterly reporting to continue, minus the forward-looking aspect.

 

AnalystBoveBlastsDimonBuffettPlanonInvestorGuidanceManufacuredHousingIndustryDailyBusinessNewsMHProNews

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).

6.7.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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 Donald J. Trump Proclaims June 2018 as National Homeownership Month, Industry Reaction

June 7th, 2018 Comments off
NationalHomeOwnershipMonthManufacturedHousingIndustryDailyBusinessNewsMHProNews551x311

Still from video, posted further below on this article.

Via a release from the White House Press Room to the Daily Business News, the President of the United States (POTUS), Donald J. Trump, said as follows.

 

— start of extended quote —

PresidentTrumpProclaimsNationalFairHousingMonthApril2018DailyBusinessNewsMHProNews

During National Homeownership Month, we affirm the joy and benefits of homeownership.  For millions of Americans, owning a home is an important step toward financial security and achieving the American Dream.  My Administration is committed to fostering an economic environment in which every family has the opportunity to enjoy the sense of pride and stability that can come with owning a home.

Our Nation’s economy is experiencing tremendous growth.  I signed into law historic tax reform that cut taxes for middle class Americans and small businesses.  My Administration has also slashed unnecessary and burdensome regulations that stunted economic growth.  As a result of these actions, Americans are keeping more of their hard-earned paychecks, unemployment rates are at historic lows, and more Americans are entering the workforce.  Consequently, owning a home is becoming more attainable for many Americans.

Numerous benefits are associated with homeownership.  Owning a home gives Americans a place to call their own, and a place of comfort and safety where they can raise their families.  Homeowners also support local businesses, have a strong vested interest in their communities, and foster bonds of friendship with others who live and work in their neighborhoods.  A home is more than a place to live — it is also an investment in family, in community, and in the long-term prosperity of our great country.

This month, we celebrate those Americans whose success and determination have helped make them homeowners.  Their dedication to their families and communities, and to achieving a brighter and more secure future, is an inspiration to each person who is pursuing their own American Dream.

NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim June 2018 as National Homeownership Month.

IN WITNESS WHEREOF, I have hereunto set my hand this thirty-first day of May, in the year of our Lord two thousand eighteen, and of the Independence of the United States of America the two hundred and forty-second.

DONALD J. TRUMP

— end of extended quote —

Fannie Mae produced a fine video, shown below.  But for all of the lip-service that they’ve been paying to manufactured homes, there’s no hint or mention of it in this video.  Why not?

To return to and surpass the manufactured home (MH) industry’s glory days, MH Pros must learn to look past polite words, posturing, or platitudes, to focus on realities.  For example, by every measure, the president is delivering. We’re proud to have editorially supported him during the primary and general election, and are focused on his results, not rhetoric.

FannieMaeManufacturedHomeAdvantageDailyBusinessNewsMHProNews600

Similarly, we must look at how Fannie Mae is touting on their home page their new Manufactured Home Advantage program. Much of what they say is terrific, and accurate, when it comes to the realities of modern manufactured homes.  But then they are arguably also subtly undermining manufactured housing, when they promote what amounts to the Manufactured Housing Institute’s (MHI) problematic “new class of homes.”

We asked officials at Fannie and MHI about this 2 days ago.  The reply?  Silence.

But others are speaking out.

 

MHI Member Observations

An MHI member/producer emailed the Daily Business News blasted the GSEs for how they’re treating the vast majority of manufactured housing.  It might have been written by MHARR, but it was a MHI-only national association member.

In another message from a MHI producing member, there’s these excerpts from a longer message.

Tony.

Good article on the Trauma issue

“Trailer House Trauma,” Fresh Look at Manufactured Housing’s Opportunities

Secondly, the big change has to come from within and education and honesty.

QUIT describing ourselves as how long, how wide and how much…

 …You want parity with site built homes, then act like it!”

Image…

I check into the Tunica show and asked how many Retailers were attending… the lady looked at me as if I had two heads… when did they start calling them Retailers…”

It is all of our responsibility…I avoid the T word like those that avoid the N word.”

Whenever I hear it [the T word], I tell them that is something you put your boat on…Take care…”

What does it say that so many MH professionals fear speaking out publicly?

 

MHARR on National Home Ownership Month

MarkWeissJDPresidentCEOManufacturedHousingAssocRegulatoryReformDailyBusinessNewsMHProNewsNaturally, the Manufactured Housing Association for Regulatory Reform (MHARR) supports every possible legitimate effort to increase the wealth of renters via home-buying. HUD Secretary Ben Carson pointed out during his tour last year that renting households average only $5000 net worth, while home owners net worth averages some $200,000. While MHARR’s advocacy is for common sense regulatory reform, the ultimate beneficiaries are citizens,” said their President and CEO, Mark Weiss in a message to MHProNews. “Thus, our motto, “Preserving the Dream of Home Ownership through Regulatory Reform.”

That said, educational and marketing efforts are the proper purview of the post-production sector of the industry,” Weiss stated.

The umbrella association that claims to promote the interests of the post-production sector were AWOL last year on National Home Ownership month. They were absent the year before as well, failing to promote the 40th anniversary of the first HUD Code manufactured homes,” the MHARR president said.

There is an urgent need to establish a reality-based post-production representation that isn’t dominated by a few major companies that would seemingly rather see the industry’s consolidation instead of protecting, educating, and promoting solutions that would benefit consumers, industry and save tax payers in the process,” said Weiss.

 

Weiss’ Thoughts, Juxtaposed to Lavin’s and Allen’s

Weiss, Allen, and Lavin have all recent called out the Manufactured Housing Institute for a variety of ways that they posturing helping all segments, but in fact work for the interests of what Lavin calls the big boys.”

Weiss, as well as others are calling for – and some are working towards – a new, post-production representation.

The independent producers of HUD Code manufactured homes already have able representation in MHARR, as the Washington Post, George Washington University, and the SBA have all helped make clear.

 

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

When there’s an affordable housing crisis, and manufactured homes are estimated to do perhaps 100,000 (+/-) new home produced in 2018, what does that say about MHI’s so-called post-production leadership?

2018-06-07_0622ItsADisgraceTheSystemIsRiggedManufacturedHousingIndustryDailyBusinessNewsMHProNews

Screen capture from this morning, at 6:22 AM ET.

POTUS Trump has used the phrase, “The System Is Rigged” many times. Isn’t the MHI system rigged against the interests of most of the independent companies in MHVille? Isn’t it monopolistic when they promote a “new class of homes” that their big three members are producing?

Is it the Trump Administration whose made progress possible in MHVille? Or is it Berkshire Chairman Warren Buffett, who promoted Secretary Clinton, who had she been elected promised to double down on job and small business killing taxes and regulations? Isn’t the MHI system rigged? “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

Related Reports:

Celebrate National Home Ownership Month, with 26 Cool Prefab Cribs, a $1 Billion Dollar Hybrid Mansion, 4 Fun Videos

 

‘Tip of Iceberg’ – Rick Rand; Marty Lavin, Communities have ‘No Confidence’ in Manufactured Housing Institute, New National Trade Group Announced

 

White House Signing Ceremony on Historic Pro-Growth Financial Regulatory Reform

Doug Schoen, Clinton Adviser, warns – “Democrats must advance an agenda…to create a society of opportunity for all – not guaranteed outcomes achieved through wealth redistribution.”

Warren Wages War

Fed Reports = American Household Net Worth Soar$

NorthStar and Manufactured Housing Radix

George Allen Reply to Mainstream Media re: Roane/Lackey/SECO Exposé, Plus MHI, MHARR, et al – “Make Manufactured Housing Great Again”

 

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

 

Senator Elizabeth Warren, 2020 Presidential Prospect, Threatens Wave of New Regulations

June 6th, 2018 Comments off

SenatorElizabethWarrenThreatensWaveNewRegulations

Sen. Elizabeth Warren (D-MA), blasted the Trump administration’s deregulatory agenda Tuesday.   The progressive firebrand defended the post-2008 crisis reforms she helped implement, announcing legislation to end “corporate capture of the regulatory process,” per American Banker.

 

Her speech will accelerate speculation that she will be one of dozens of Democrats pondering a presidential run in 2020.

Warren said she plans to introduce bills to “padlock the revolving door between government and industry,” stop government officials from making policy decisions that personally benefit them, and empower government agencies to pass strong regulations to keep corporate influence out of the process.

Senator Warren “framed the Trump administration’s recent policies, including efforts to roll back Consumer Financial Protection Bureau rules,” per AB, as a “war on regulations,” she said.

The so-called war on regulations isn’t about freedom,” Warren expressed during her speech at Georgetown University Law School. “The war on regulations is waged on behalf of giant companies that don’t want to follow any rules. So let’s call it what it really is — a war on public health, a war on public safety, a war on truly free and competitive markets, a war on American workers, a war on American consumers.”

That’s a clear challenge to the rising tide of some 2 out of 3 Americans who pollsters say believe that under President Donald J. Trump’s leadership, the economy is improving.

The answer is pretty simple — corruption,” Warren said. “Giant corporations and wealthy individuals are working in the shadows to make sure that government works for them, not for the people.”

Warren has blasted monopolistic practices before. But Secretary Hillary Clinton, who she supported in 2016, embraced the very corporate giants that Warren is now verbally blasting.

With recently rising markets suggesting that investors are regaining confidence that the White House could be correct on an array of domestic and foreign policy issues, and with Democrats like Doug Schoen saying that their party is locked in their own civil war between moderates and de facto socialists, the senator the president has dubbed “Pocahontas” will be one to watch.

With Manufactured Housing Institute (MHI) government relations insider, Nathan Smith of SSK Communities, along side Warren Buffett’s well known pro-Democratic leanings, industry members must ask: if the achievements under the Trump Administration will be undone with their tacit or active support if a Warren win became reality? “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

Related Reports:

White House Signing Ceremony on Historic Pro-Growth Financial Regulatory Reform

Doug Schoen, Clinton Adviser, warns – “Democrats must advance an agenda…to create a society of opportunity for all – not guaranteed outcomes achieved through wealth redistribution.”

Warren Wages War

Warning Signs for Senate Democrats, per Survey Monkey Polling

Fed Reports = American Household Net Worth Soar$

 

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3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

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