Periodic readers of this business-nightly feature should note there are a few tweaks to some of the standard portions of our evening market/investing report. Read carefully as some changes of the ‘standard text’ that follows before our left-right headlines and also in other features near the end of tonight’s reports.
Every evening our headlines that follow provide snapshots from two major media outlets on each side of the left-right news spectrum that reflect topics that influence or move investor sentiment. In moments on this business evening report, you can get ‘insights-at-a-glance.’
This report also sets the broader context for manufactured housing markets, in keeping with our mantra, “News through the lens of manufactured homes and factory-built housing” ©.
We begin with headlines 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.
Perhaps more important, you will get insights about the industry from experts that care, but also dare to challenge the routine narrative that arguably keeps manufactured housing underperforming during an affordable housing crisis.
Newsy, Peeling Back Media Bias, Manufactured Housing Sales, Investing, Politics, and You
Headlines from left-of-center CNN Business.
- Women hold more jobs
- Women-led sectors like nursing are growing, while male-heavy sectors are shrinking
- Nestlé is spending billions to create a market for recycled plastics
- Analysis: The trade war is still on. Consider this a fragile truce
- Watch: A CNN anchor presses Trump’s trade adviser over China deal
- Grab your passports. Time to look overseas for stocks
- Stock of Kay and Zales’ parent climbs over 35% on holiday sales growth
- Checking your bag on JetBlue is getting more expensive
- Bose is closing more than 100 stores worldwide
- Payless is emerging from bankruptcy. But it’s not coming back to the US
- 28,000 United employees get new uniforms
- Google wants to change the way cookies work
- Publishers invade TikTok to court Gen Z
- Pelosi calls Facebook a ‘shameful’ company that helped in ‘misleading the American people’
- CEO of Smith & Wesson’s parent company ousted for misconduct
- Soybeans are harvested in Rippey, Iowa in October 2019.
- China just agreed to buy $200 billion worth of US products
- NBC debuts new streaming service
- ENDING PLASTIC – Colgate finally launched its recyclable toothpaste tube
- Perdue Farms’ new meat-packing foam dissolves in your sink
- Vegan sneakers are the next sustainable plant-based craze
- Ford is turning McDonald’s coffee waste into headlights
- LOL Surprise toys will be made with biodegradable plastic and paper in 2020
- TESLA IS ON FIRE – Larry Ellison has made $1.6 billion on his Tesla stock since joining its board
- Tesla is now the most valuable US automaker ever
- Elon Musk is closing in on a $350 million payday
- Short sellers of Tesla have lost $8 billion
- Tesla delivered 367,500 cars last year
Headlines from right-of-center Fox Business.
- Stocks surge to record heights as Senate passes USMCA trade deal
- Stocks pop to fresh highs after bonanza of trade deals.
- PARTY POOPERS: 10 senators who voted against USMCA
- READ: Full text of USMCA trade agreement
- Google becomes latest company to join $1 trillion club
- ELECTRIC JITTERS: Why Tesla’s surging stock has Wall Street getting worried
- Tesla designing ‘Chinese-style’ cars at research center
- One state has critically low number of doctors, report finds
- Why ‘free stuff’ promises from 2020 Democrats are dangerous
- Governor orders Health Department to stop distributing cheeky condoms
- How to avoid JetBlue’s new price hikes on luggage
- WATCH: Procter & Gamble releases preview of celeb-stuffed Super Bowl ad
- Study makes frightening discovery about pot smokers when they’re sober
- NFL star faces arrest over butt-slapping incident
- Trucking companies bearing down amid skyrocketing costs
- US tariffs ‘put the boot’ on American shoppers, not China: ex-Obama adviser
- Leaked emails reveal McDonald’s fried chicken sandwich marching orders
- Varney: How Trump spends his time in government compared to Democrats
- Supermodel dismissed from Harvey Weinstein rape trial jury
- How the Warren-Sanders feud is threatening other Democrats
- Comfort Inn’s ‘Boardroom Suite’ not what hotel guest expected: ‘I walked into this…’
- US consumer confidence rockets to near all-time high in Q4
- Why certain Nike sneakers have been banned from official competitions
- 5 speakeasies to visit on Prohibition’s 100th anniversary
- Subscription-only restaurants are the new social networking — if you can afford it
- On the right foot? Payless ShoeSource emerges from Chapter 11 bankruptcy
- United flight forced to make emergency landing after fire erupts
- The top 10 most expensive states for smokers
- Texas firm offers discreet bulletproofing in family cars fit for James Bond
- Coca-Cola tackles sports drink market with 2 new beverages
- New Tesla registrations down almost 50% in this state
- California governor floats cutting traffic fines for low-income drivers
- Hard Rock International CEO says Atlantic City ‘going in wrong direction’
- Burger King offers Impossible Whopper deal to spur sales
- Homebuilder confidence is highest since 1999
- Nation’s largest retail trade group: holiday sales rose 4.1%
- Rich people live almost a decade longer than the poor, study finds
- China trade deal could spell a big win for America’s lobster industry
- Volkswagen CEO fears company could become obsolete like Nokia phones
- Plant-based milk maker Califia raises $225M amid declining dairy sales
- Prince Harry takes on first duties since royal crisis talks
- What the rise of Amazon means for Target and other toy sellers seeing flat sales
- Ben & Jerry’s asks judge to dismiss ‘happy cow’ lawsuit
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus – Where Business, Politics and Investing Meet
Tonight, we will pull data from four primary sources: the National Association of Home Builders, the National Association of Realtors, the Manufactured Housing Institute and the Manufactured Housing Association for Regulatory Reform.
Let’s start with NAHB’s media release.
“Low interest rates and a healthy labor market combined with a need for additional inventory are setting the stage for further home building gains in 2020,” said NAHB Chairman Greg Ugalde.
“With the Federal Reserve on pause and attractive mortgage rates, the steady rise in single-family construction that began last spring will continue into 2020,” said NAHB Chief Economist Robert Dietz. “However, builders continue to grapple with a shortage of lots and labor, while buyers are frustrated by a lack of inventory, particularly among starter homes.”
Derived from a monthly survey that NAHB has been conducting for 30 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.
The HMI index charting traffic of prospective buyers increased one point to 58, the highest level since December 2017. The gauge measuring current sales conditions fell three points to 81, and the component measuring sales expectations in the next six months held steady at 79.
Looking at the three-month moving averages for regional HMI scores, the Northeast rose one point to 62, the Midwest increased three points to 66, and the West moved one point higher to 84. The South remained unchanged at 76.”
Their data and that from the National Association of Realtors (NAR) echoes information published on MHProNews last week about the broader housing market.
The National Association of Realtor data can be summed up in the next screen capture and the following graphic.
Meanwhile, what did the Manufactured Housing Institute say?
The manufactured home industry data from MHARR is more detailed.
Industry readers that follow a certain blogger who tries to conflate MHI with MHARR must understand that MHARR is producer focused, while MHI says of themselves that they are represent ‘all segments of manufactured housing.’ That means, MHI is the post-production trade group, while MHARR focuses on production related regulatory issues. As MHARR’s president told MHProNews in a new interview, they only reason they talk about post-production issues at all is because MHI has failed to perform there.
MHProNews is closing in a special report on the road to the future of manufactured housing in the 2020s. Stay tuned. In the meantime, if you are a first time or newer reader that hasn’t dug into the reports linked below, enjoy.
Related Reports:
What’s Up? Cavco Industries (CVCO) Looming Announcement, plus Manufactured Home Investing Updates
Then there is the runaway #1 trade media report in all of MHVille in January, 2020
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.
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- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
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Winter 2020…
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. For insights from third-parties and clients about our publisher, click here.
Enjoy these ‘blast from the past’ comments.
MHProNews. MHProNews – previously a.k.a. MHMSM.com – has now celebrated our tenth anniversary.
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
Disclosure. MHProNews holds no positions in the stocks in this report.
(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)
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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