AOC’s Green New Deal Senate Flameout, What it Means, plus MH Market Updates

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CNNmone3.27.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere are those who think that climate change is as big a hoax as the Russian collusion narrative has been.  Or was, until Special Counsel Robert Mueller released his summary findings to the Justice Department saying there was no evidence anyone in the U.S colluded with Russia, much less Team Trump. Others think that climate change is real, a threat, and they believe in that Gospel according to Al Gore, whose carbon footprint isn’t that small.  Into this marvelous Washington mix comes Alexandria Ocasio-Cortez (AOC), the millennial congressional representative from NY who helped blow up the Amazon deal there.  On a muted, mildly down day on the Dow, what the Senate vote means is our featured report this evening.

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

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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…

  • They serve up instant gratification
  • But companies like Uber, Lyft and GrubHub are still losing billions
  • Dow Inc. is replacing DowDuPont in the Dow. Got that?
  • Wall Street enjoyed a huge rally this quarter. But there were some losers
  • Financial stocks have been struggling. Here’s why it’s a good time to buy
  • LIVE UPDATES Dow rallies 141 points even as Apple retreats
  • JCPenney finds a new financial chief
  • Southwest Airlines says Boeing’s 737 Max groundings are hurting sales
  • Boeing is in crisis, but it’s doing just fine in its race with Airbus
  • The bond market flashed recession. So how come the stock market is booming?
  • NASA says it’s still committed to that Boeing-built rocket
  • Europe will require carmakers to install speed limiters starting in 2022
  • Federal judge sets April 4 hearing for Elon Musk contempt case
  • The CBD gold rush has begun
  • McDonald’s will no longer lobby against minimum wage hikes
  • Two weeks after the attacks in New Zealand, Facebook has banned white nationalism
  • Ford will close three plants in Russia
  • Retail chains say cash is obsolete. Critics say that’s discrimination
  • This is DSW’s plan to save itself
  • Why big retailers are getting smaller
  • West Elm and Rent the Runway team up
  • How Target is trying to woo mom and dads
  • BOEING’S ONGOING CRISIS
  • PERSPECTIVES Boeing can regain public trust, but it’s running out of time
  • NASA says it remains committed to Boeing-built rocket
  • Boeing is doing just fine in its race with Airbus
  • Boeing has plunged in market value since Ethiopia crash
  • Ethiopian Airlines is a symbol of national pride. Now a disaster has put it under scrutiny

Select Bullets from Fox Business

  • Trump says Google committed to US military, not China
  • 5 things to know about Lyft ahead of its IPO
  • Mueller report ‘undoubtedly’ proves conspiracy, obstruction: Judge Napolitano
  • Trump moves to end Fannie, Freddie conservatorship
  • Retirement crisis: Most Americans aren’t saving enough, are you?
  • 7-Eleven’s new ‘Lab Store’ features craft beer station
  • Rubio’s Paid Family Leave plan leans on Social Security
  • Warren targets America’s family farmers with plan to bust up big agribusiness
  • Theresa May will quit post Brexit
  • Tommy Hilfiger joins Gap, Ralph Lauren and Lord & Taylor in closing its Fifth Ave flagship store
  • Apple’s new credit card draws skepticism from partner Goldman Sachs
  • How to save and pay off credit card debt
  • These are the 10 biggest lottery jackpots in US history – and the people who won them
  • Facebook bans white nationalism following New Zealand mosque shooting
  • Trump administration now wants to dismantle ObamaCare in its entirety
  • Department of Justice chief said to be ‘open’ to 5G argument made by Sprint, T-Mobile
  • Equifax, FICO team up to sell consumer data
  • Mueller report: These key officials must be questioned, Rep. Jim Jordan says
  • Kamala Harris seeks $315B to dramatically raise teachers’ salaries
  • US trade deficit narrows sharply as exports rebound
  • Chinese owner of gay dating app seeks sale amid US national security concerns
  • Mueller report ‘undoubtedly’ proves conspiracy, obstruction: Judge Napolitano
  • Varney: It’s Trump’s time to counter punch the media
  • Startups, tech companies want to pay to train you
  • Green New Deal is a government takeover of your life: Sen. Marsha Blackburn
  • Measles outbreak leads New York’s Rockland County to declare state of emergency
  • Not buying Netflix was Apple and Tim Cook’s biggest strategic mistake: Dan Ives
  • Jersey Mike’s to donate all sales to charities on ‘Day of Giving’
  • Powerball $750M lottery jackpot: Here’s the tax damage

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

 

9MarketIndicatorsYahooFinance3.27.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

AOCsGreenNewDealSenateFlameoutWhatItmeansPlusMHMarketUpdates

 

Republican Senate Majority Leader Mitch McConnell forced a vote on the Green New Deal (GND), in an effort to get Democrats on the record on this widely touted on the left piece of legislation. After a vote of 57 no’s – including 4 Democratic caucusing senators, the balance of the Democrats only voted ‘present’ to avoid being formally on the record on this matter.

But voting present is a cop-out too, as anyone with some political savvy can see. If Democrats praise this “aspirational” bill, but won’t vote for it, what does that tell the country?

The early odds, and we aren’t bookmakers – just tea leave readers – would give the 6 Senate Democrats a question mark or a check no next to their name after this duck-for-cover “present” vote.

Democrats hated the procedural vote, the GOP is loving it, but the smart money voters have just learned again what “aspirational” means in D.C. talk, it means they aren’t actually going to support a GND bill that if it somehow passed into law could wreck the economy.  That bottom line is a good thing.

Related Reports:

‘Green New Deal Fantasy,’ “Revenge Politics,” Says Democrat Schultz Pondering Independent 2020 Run, plus Manufactured Home Stocks

“Collusion Delusion,” “An Illegal Takedown that Failed” WH/Media Round-Up, plus MH Stock Updates

Bloomberg Closing Ticker for MHProNews…

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

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

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

HistoricManufacturedHousingIndustryDecisionsWereMadeHereon3.27.2019DailyBusinessNewsMHProNews600
Berkshire Hathaway is the parent company to Clayton Homes, 21st 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.”

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