On the evening before Thanksgiving, the markets rose to new highs, despite what would normally be a mood-killer on Wall Street. Are investors getting used to the roller coaster ride away- and toward- a possible trade deal with China?
The nuances behind the bills, which matters to several manufactured housing industry company supply chains, will be our feature this evening.
Regular readers please 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.
Headlines from left-of-center CNN Business.
- It’s a tricky decision for retailers: Stay open, or close so workers can enjoy the holiday
- Here’s how malls with dead stores are finding new tenants
- Google’s tensions with employees reach a breaking point
- A TikTok beauty video with a hidden anti-China message has gone viral
- A private equity firm will buy all of the .org domains. Here’s what that means
- Opinion: Why the trade war won’t hurt Black Friday sales
- The Cheesecake Factory’s biggest challenge
- Alexa will soon be able to sound excited or disappointed
- Boeing’s problems could soon be seen on Wall Street
- Global car sales are having a terrible year
- How cities are using tech to clean up waste
- Content by CompareCards
- 9 cards charging 0% interest until 2021
- Toys ‘R’ Us is back with its first new store in the US
- US economy grows faster than expected
- I spent $200 on Marie Kondo’s new online store to spark joy. Here’s what I learned
- California’s cannabis industry is sending an SOS
- Drake is going into business with a Canadian cannabis firm
- The cannabis industry is evolving, but does that mean a market turnaround is coming?
- Canada’s Cannabis 2.0: Edibles, beverages, vapes on deck
- AT WORK – multi-tasking, diversity, work life balance
- How to look like you know what you’re doing at work even when you don’t
- Your biggest workplace dilemmas answered
- How to step back and delegate without losing control
- Your boss hates you. What do you do?
- Next time someone interrupts you in a meeting, try this
Headlines from right-of-center Fox Business.
- The FBI’s warning to any shopper picking up a TV on Black Friday
- Your new TV could provide hackers a backdoor into your home, the FBI warned.
- The retailers that will dominate Black Friday
- Trump signs Hong Kong human rights bill despite China’s promise of retaliation
- Amazon fires back at disturbing reports of employee injuries
- Amazon fires back at disturbing reports of employee injuries
- Tech giant goes on hiring spree ahead of holiday shopping season
- ‘Dangerous goods’ missing after Hong Kong campus siege, university says
- John Stossel: What the pilgrims knew about socialism and private property
- Trade war on French cheese, wine is brewing
- Multiple people hurt in Texas chemical plant explosion
- Lori Loughlin undergoing ‘grueling’ mock trial prep in college cheating case
- CDC warning people to clean out home refrigerators amid E. coli outbreak
- Why Madonna says she canceled concerts at the last minute
- Queen Elizabeth reportedly ‘bans’ Prince Andrew from meeting Trump
- Congress could vote on USMCA next week, ‘definitely’ by end of year
- Buzzer beater who upset Duke receives outpouring of support
- Schwab Charitable suspends customer donations to NRA affiliates
- Lego brilliantly trolls ‘shatterproof’ Tesla
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus – Where Business, Politics, and Investing Meet
Per CNBC tonight:
- President Trump signs two bills backing Hong Kong protesters, the White House says in a statement.
- The president says he “signed these bills out of respect for President Xi, China, and the people of Hong Kong.”
- He also says he hopes “Leaders and Representatives of China and Hong Kong will be able to amicably settle their differences.”
President Donald Trump signed two bills supporting the Hong Kong protesters into law on Wednesday, despite Beijing’s repeated objections.
“I signed these bills out of respect for President Xi, China, and the people of Hong Kong. They are being enacted in the hope that Leaders and Representatives of China and Hong Kong will be able to amicably settle their differences leading to long term peace and prosperity for all,” POTUS Trump said in a statement released by the White House.
Congress sent the bills to the White House last week, after both chambers passed the legislation with overwhelming bipartisan support.
Per Fox Business, “I stand with Hong Kong, I stand with freedom, I stand with all of the things that we want to do,” POTUS Trump said last week. “But we also are in the process of making the largest trade deal in history and if we could do that, that would be great.”
It reflects the importance that both major parties are putting on the protests in Hong Kong and fears that the Chinese Communist regime will do a Tiananmen Square style crackdown on the semi-autonomous city.
The CNBC video bears some nuance, using the principle of wheat and chaff. There is little doubt that the 45th president is somehow overlooking or underplaying the issue of Hong Kong.
The fact that Beijing hasn’t broken off the talks may be a sign that they do indeed want a deal more badly than President Trump, a claim that the president has often made on the stump and in impromptu press conference.
Related reports are linked below.
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, 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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