Large Tax Reform Bill by Christmas Eve, Dow Record High, MH Market Update$

CNNmoney12.13.2017ManufacturedHomeStocksMarketsReportsMHProNewsThe loss by Judge Roy Moore didn’t rattle the markets today, which with the president’s on-camera leadership today, saw a new record high.  Tax reform is our spotlight issue 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.” ©

Selected headlines and bullets from CNN Money:

  • Fed chair calls bitcoin ‘highly speculative’
  • Yellen: deficits could make it harder to fight recession
  • Trump’s ‘giant’ middle class tax cut is less than advertised
  • PBS suspends Tavis Smiley’s show amid allegations Trending
  • John McCain to Trump: Lay off the ‘fake news’ claims
  • Federal Reserve lifts rates again
  • Navajo Nation sues Wells Fargo over ‘predatory’ practices
  • MP to Facebook: Look harder for Russian Brexit meddling
  • How a dead woman campaigned against net neutrality
  • JPMorgan fund for Detroit entrepreneurs just tripled
  • The internet’s future is about to be decided

Selected headlines and bullets from Fox Business:

  • As ‘net neutrality’ vote nears, some brace for a long fight
  • Wall Street mixed as financials drag after Fed rate hike
  • Oil rises on lower US crude stocks, but growing output caps gains
  • Fed raises interest rates, keeps policy outlook unchanged for 2018
  • House, Senate leaders reach deal on tax package
  • Bitcoin is not a stable store of value: Fed’s Yellen
  • Roger Goodell’s new contract will be his last, NFL spokesman says
  • Disney finalizing pact to acquire assets from 21st Century Fox
  • Lou Holtz sues The Daily Beast for defamation over RNC article

 

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,662.85 -1.26(-0.05%)

Dow 30 24,585.43 +80.63(+0.33%)

Nasdaq 6,875.80 +13.48(+0.20%)

Russell 2000 1,524.45 +8.33(+0.55%)

Crude Oil 56.81 +0.21(+0.37%)

Gold 1,260.40 +11.80(+0.95%)

Silver 16.13 +0.26(+1.64%)

EUR/USD 1.1839 +0.0015(+0.13%)

10-Yr Bond 2.349 -0.054(-2.25%)

9MarketIndicatorsYahooFinance12.13.2017DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue12.13.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report – 

How is the tax reform shaping up, as the year is winding down? Rep Blum Shares Insights

House Freedom Caucus member Congressman Rod Blum (R-Iowa) discusses when Congress will send a tax reform bill to the president’s desk, per Fox Business.

 

 

HouseFreedomCaucusRepRodBlum(R-Iowa)TaxReformFoxBusDailyBusinessNewsMHProNews

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

Profitable Insight$ – POTU$ Trump Effect on MH Stock$ at 1 Year, Part 4

Suppliers LPX, Patrick, Manufactured Home Builders Nobility, Skyline Homes – the Trump Effect on MH Stocks, Markets Part 3

Trump Effect – 1 Year Election Impact on Manufactured Housing Connected Stocks, Part 2

Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1

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).

 12.13.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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 a recent round of 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.)

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

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

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