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Home > Analysis and Commentary, Business, Canada, Economy, Election, Finance, Manufactured Home Communities, Manufactured Housing Industry, News, Stocks, Trends > U.S. May Increase Tariffs on China, Stocks Drop, Plus MH Market Updates

U.S. May Increase Tariffs on China, Stocks Drop, Plus MH Market Updates

October 29th, 2018

CNNmoney10.28.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe U.S. is preparing to announce by early December tariffs on all remaining Chinese imports if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war, three people familiar with the matter said” per Bloomberg.  As that word was absorbed by investors, gains for the day were erased, and stocks fell.  That will be this evening’s market update focus.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

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

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

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • GE’s new boss will break his silence
  • UK will tax the revenues of big tech companies
  • Suspicious package headed to CNN’s Atlanta headquarters intercepted
  • Best Buy expands its toy section in a fight for Toys ‘R’ Us’ customers
  • Goldman Sachs: Market mayhem has gotten out of hand. Stocks will rebound
  • Stocks give up gains as IBM-Red Hat deal fails to give tech a boost
  • What this organic baby food company is doing to help working mothers
  • Walmart is testing a cashierless Sam’s Club
  • A feud over Campbell Soup’s future could break up the company
  • Apple investigates report that Chinese students were forced to make its watches
  • China suffers a setback in the private space race
  • Fox condemns rhetoric used by Lou Dobbs guest as channel’s star host faces growing criticism
  • 101618 strong dollar gfx
  • Why the strong dollar is so bad for business
  • Goldman Sachs: Market mayhem has gotten out of hand. Stocks will rebound
  • Market may be scary but now is not the time to panic and run away
  • Is this the peak for the bull market?
  • The big fear spooking investors
  • When stock market swings should raise alarms
  • What kills a bull market?

Select Bullets from Fox Business

  • Warren Buffett just made a rare investment in this industry
  • This business leader warns interest rates will slam stocks, economy
  • US stocks whacked by more volatility
  • Trump military funding on chopping block?
  • Top Tesla shareholder willing to hand Musk more cash
  • Walmart unit Sam’s Club drops cashiers at new Dallas store
  • College majors offering best, worst employment prospects
  • Mike Novogratz predicted the market sell-off. Here’s what he thinks will happen next
  • These 5 jobs boast a six-figure salary and a slew of openings
  • Forget plastic straws, paper cups are now the latest target
  • Bantam Bagels of ‘Shark Tank’ fame sells for $34M
  • Ford turnaround a boon for stock: Goldman Sachs
  • Walmart, Costco seen as top retailers in 2019: Moody’s
  • Amazon rips off Americans, bolsters China: Former Trump campaign aide
  • Americans’ spending exceeding wage growth
  • Why Chick fil-A makes it so difficult to open a franchise
  • Rising interest rates energize rental market
  • The best and worst states for working parents

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

9MarketIndicatorsYahooFinance10.28.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue10.28.5.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

USMayIncreaseTariffsChinaStocksDropPlusMHMarketUpdatesManufacturedHousingIndustryMHProNews

Photo from a prior Presidents Trump-Xi meeting.

The market and national drama seems non-stop.

Gains for the year have all but vanished.  Correction territory and the “bear” words are being tossed about by some.  The reasons cited by investors and market watchers are many, as the bullets in the headlines above from CNN and Fox Business suggest.

The latest to catch the finger (pointing) is the word from Bloomberg that a new round of trade tariffs against China could come in early December, following a planned meeting between President Donald J. Trump and China’s President Xi.

White House Press Secretary Sarah Huckabee Sanders declined specifics when asked about the import meeting. “I’m not going to get ahead of the conversation,” she said in Monday’s press briefing. “You have two of the most powerful leaders in the world. I think that’s consequential no matter how you look at it and we’ll see what happens when they sit down.”

We are in the middle of a pretty nasty dispute. We’re in a trade dispute — I want to use that word because it’s a nice, soft word — but we’re going to win,” President Trump said on Saturday at an event in Indiana. “You know why? ‘Cause we always win.”

 

 

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).

10.28.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

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


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