Big Hong Kong, Moscow Protests Raise Spectre of More Serious Unrest, plus Manufactured Home Investment Updates

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DowJones8122019YahooManufacturedHomeProNewsStockUpdatesIt would be no exaggeration to say that millions tune in only to their favorite news networks. To those, they only see the version of the news that a given network provides. There are instances when news reports are strikingly similar, other times, when there are just as noteworthy differences between reports. Tonight, there are two videos, one from CNN, the other from Fox Business, focusing on unrest in Hong Kong, but also in Moscow. Each video sheds a unique light on developing issues that could roil business in China and Russia for some time to come. On a down day on the markets, not trade wars or the Fed, but growing unrest overseas in two nuclear nations will be our focus.

 

Every evening our headlines snapshots from two major media outlets on each side of the left-right news spectrum reflects topics that influence, reflect, or move investor sentiment. In moments, you can get insights-at-a-glance. This sets the broader context for manufactured housing markets, in keeping with our mantra, “News through the lens of manufactured homes, and factory-built housing©. 

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We begin with left-of-center CNN followed by right-of-center Fox Business. We share closing tickers and other related data courtesy of Yahoo Finance, and more. 5 to 10 minutes reading this MHProNews market report every business night could save you 30 minutes to an hour of similar reading or fact-gathering elsewhere.

 

Headlines from left-of-center CNN Business.

·        Russia warns Google

·        A Russian regulator told YouTube to stop ‘advertising’ protests ahead of Moscow elections

·        Wall Street’s trade war anxiety isn’t going away

·        Goldman Sachs’ CEO isn’t worried about a recession

·        Gun policy must change now, Goldman Sachs CEO says

·        Tumblr is about to get its third owner in six years

·        How a new generation of architects ‘might save the world’

·        Confused investors keep buying FORD, thinking it’s Ford

·        World’s biggest milk exporter hurt by turmoil in Venezuela and China

·        PERSPECTIVES Central bank rate cuts are inflating a cheap money bubble

·        Sports Illustrated, Juicy Couture and dozens of brands get $875 million from BlackRock

·        More trouble for Kraft Heinz: Its bonds could soon be rated junk

·        Her family lost its savings in a bank run in Yugoslavia. Now she’s in charge of the FDIC

·        Nike launches a sneaker subscription service for kids

·        Your biggest workplace dilemmas answered

·        How to handle the co-worker who is always complaining

·        Here’s how to make your meetings more effective

·        We all do it. But is swearing at work really ok?

·        To hug or not to hug at work

·        Here’s what Hong Kong’s airport paralysis will mean for the economy

·        Argentina’s peso falls 15% after surprise election results spook investors

·        Saudi Aramco’s profit drops 12%. It’s still making more money than any other company

·        South Korea downgrades trade ties with Japan

 

Headlines from right-of-center Fox Business.

·        DOW PLUNGES CLOSE TO 400 POINTS ON FALLING BOND YIELDS, CHINA TRADE JITTERS

·        Why GM and Volkswagen are ending hybrid vehicles

·        GM and Volkswagen are ditching hybrid vehicles and focusing on all-electric vehicles.

·        Trump tariffs: How much is US collecting in revenue?

·        Business leaders very happy with Trump’s economic policies: Cantor

·        Mississippi factory holds job fair after ICE raids gut workforce

·        Epstein’s death will lead to ‘slew’ of new civil cases against his estate, expert says

·        Epstein’s death: Will others be charged?

·        Jeffrey Epstein joins list of infamous inmates who died behind bars

·        USA Fencing sponsor responds to Race Imboden national anthem protest

·        The bold new lipstick ad some say is too provocative

·        Trump raises millions through Hamptons fundraisers

·        CBS, Viacom deal may come Monday as mogul scores media victory

·        Chick-fil-A adds a cheesy comfort food to its menu

·        New White House immigration rule: How will your taxes be impacted?

·        Ex-Eagle Scout accused of running online prescription drug ring faces trial

·        Fiat Chrysler offering this city’s residents 1st shot at new factory jobs

·        Saudi Aramco strikes deal with Asia’s richest man

·        Negative bond yields in the US: What you need to know

·        Carson Group CEO Ron Carson provides insight into the bond market.

·        Toyota recruiting begins

·        Toyota is looking for hundreds of workers from all over the country, but they need them to move to Indiana.

·        Rory McIlroy on the big business of golf

·        Rory McIlroy sounds off on the mental aspect of golf, how it feels to play with Tiger Woods and how golf has evolved over the years.

·        Peter Thiel: Trump has ‘many’ Silicon Valley supporters

·        “There are many other people in Silicon Valley who support the president but they are not going to say it,” said Peter Thiel.

·        Amazon protesters take over New York store in anti-ICE rally, at least 44 arrested

·        Protesters called on Amazon to cut ties with U.S. Immigration and Customs Enforcement after an ICE raid that nabbed more than 600.

·        Big tech gears up for new regulations

·        Lifewire.com editor-in-chief Lance Ulanoff explains how the tech industry is preparing for new regulations.

·        Yum! Brands – KFC, Pizza Hut and Taco Bell parent – gets next CEO

·        The next CEO of Yum! Brands is a longtime company insider.

·        Disneyland’s ‘Star Wars’ Land getting the cold shoulder from visitors?

·        Fortune Executive Editor Adam Lashinsky and CFRA Director Tuna Amobi on reports Disneyland’s ‘Star Wars’ Land opened to disappointing crowds.

·        Thousands protest in Moscow, present new challenge to Putin’s rule

·        Fox News contributor Dan Henninger on the protests in Russia and Hong Kong.

 

10 Market Summaries – Yahoo Finance Closing Tickers on MHProNews…

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Tonight’s Business/Market/Political Impact Spotlight –

BigHongKongMoscowProtestsRaiseSpectreMoreSeriousUnrestPlusManufacturedHomeInvestmentUpdates

Why focus on these protests tonight instead of other possible global, American or more housing focused issues?

Simple.  While this is getting coverage, it may not get the degree of reporting that it merits.  As the second video reflects, especially the protests in Hong Kong could be quite disruptive for China.  They have the power to stop it, as do the Russians.

Certain factory-builders, as we’ve noted previously, get supplies from mainland China. The trade issues are itself disruptive, but if protests turn into a more brutal version of Tiananmen Square, then it would likely prove harmful for China in several ways for years to come. 

It is worth noting that some in China blames the U.S. for these protests.

All flights departing Hong Kong were canceled due to massive protests at the Hong Kong International Airport. CNN’s Ben Wedeman reports.

 

 

National Committee on U.S.-China Relations Steve Orlins on the protests in Hong Kong and in Russia.

 

 

These protests are one more example that admitted or not, powerful governments are and have been interfering in each other’s internal affairs for decades; indeed it has been the periodic pattern for centuries. It isn’t perhaps as relevant what role, if any, the U.S. has in these protests.  Rather, the claim itself is a reminder that China and the U.S. have an unusual relationship. 

Rivals nations are doing business. Rival governments have nuclear weapons.  Rival regimes have surrogates, such as North Korea and Iran. Failure to consider the growing tensions may prove problematic for U.S. firms that are relying on Communist Chinese supply chains.  Will more production and jobs be moving out of China and into other lands, including back into the U.S.?  These are serious issues worth following.

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Manufactured Housing Industry Investments Connected Closing Equities Tickers

Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.

  • NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
  • NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

ManufacturedHousingIndustryConnectedStocks08122019ClosingTickersManufacturedHomeProNewsInvesting

Updated…

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 each are suppliers to the manufactured housing industry, among others.

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

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Submitted by Soheyla Kovach, co-managing member of LifeStyle Factory Homes, LLC and co-founder for MHProNews.com, and MHLivingNews.com.

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