They were both taking a risk. But business channels joined other media to tune into the White House meeting today between President of the United States (POTUS) Donald J. Trump, rapper Kanye West, and former NFL star Jim Brown. That suggests it was an important event. Markets slid today again, and our standard bullets, graphics and closing tickers follow. But our focus this evening, with an eye on November 6, is on the Oval Office video that is posted below, along with related commentary.
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.
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…
- Facebook removes another 800 pages and accounts ahead of midterms
- Square plummets 15% after CFO leaves
- Sears falls again on report that it stopped paying vendors
- Mortgage rates top 5%, hitting a 7-year high
- What GM’s Mary Barra learned early on: Speak up and stop saying sorry
- Walmart taps MGM, startup to beef up its streaming video service
- Media sponsors start dropping out of Saudi conference after journalist goes missing
- Bigger Social Security checks in store for 2019 as inflation rises
- SPECIAL REPORT The Chinese phone giant that beat Apple to Africa
- It pays to be bipartisan when picking stocks
- Mnuchin says he’s watching China’s currency moves
- BMW is paying $4 billion to take control of its China business
- He started his first business at 20. Now he runs a $300 million water park empire
- 20181011 dow down 4pm
- The Dow has lost more than 1,300 points in two days
- Another bad day: Dow sinks 546 points in second day of sell-offs
- Analysis: Stocks couldn’t rise forever. Here’s what’s going on
- Investors bail: Facebook has lost 30% of its value since July
- Tech stocks: They got clobbered, and the worst may not be over
- Instagram is changing how we eat out
- Travelers teams up with Amazon to sell home security kits
- Tinder hits back at co-founders’ lawsuit
- India wants women to help drive its tech boom
- Saudi Arabia is getting some of the biggest names in tech to help build its mega-city
- Startups rarely look diverse in the beginning. That’s a big problem
- Climbing the investment ladder in real estate
- When your dream job turns out to be a nightmare
- How to deal with a workaholic boss
- Should laptops and phones be banned from meetings?
Select Bullets from Fox Business…
- Dow plunges again as traders fret over interest rates, earnings
- More bad news for home buyers
- Trump: Fed ‘has gone crazy’ as it raises interest rates
- JPMorgan, Wells Fargo, Citigroup 3Q results: What to expect
- Stock markets more resilient, compared to financial crisis days
- Social Security checks to rise by most since 2012
- White House will announce cannabis reform plan ‘very soon’
- Kanye West meets with Trump as Nike backs Kaepernick
- Sears could be dead as soon as next week
- Eddie Lampert is done with bailing out Sears
- Recapping the downfall of Sears’ iconic brand
- Trump: Probably lost ‘billions’ being president, but it’s ‘worth every penny’
- Where you should live after retiring
- Bigger Social Security checks in 2019 may not be big enough: AARP
- IRS warns some retirees at risk of tax penalty: What to know
Today’s markets and stocks, at the closing bell…
Manufactured Housing Composite Value (MHCV)
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 –
“You don’t try to reason with abject ignorance,” said Rush Limbaugh on his show today. “You can’t. You must defeat it.” While one could debate the pro, con or application to this topic, it’s a fun segue from conservative talk radio flagship of the golden EIB microphone back to Washington, D.C. based comments on this progressive-leaning Boston Globe column.
“The left loses when its exposed, conservatives lose when they are silent,” said a caller on Limbaugh’s show today. “If we show [conservatives, Republicans] show up [at the polls], we will win every single time.”
Does that reasoning apply to this evening’s spotlight?
Rasmussen, which was one of the most accurate polls in 2016, said that President Donald J. Trump’s approval with African Americans stands at 36 percent.
For those who don’t track this closely, historically, the black vote for decades has been over 90 percent Democrat. Candidate Trump told blacks in 2016, “What have you got to lose?” in his ask for their vote.
With record low black unemployment, less than 2 years after his election, and the president mentioning that record at every one of his rallies, his popularity with blacks has steadily risen.
Part of the reason are black Christian leaders, along with pundits like those in the photo collage, below, who in many cases have come out for President Donald J. Trump.
MHProNews has tracked this trend since before the 2016 voting, using it as part of our basis for projecting the path to victory for POTUS Trump over candidate Hillary Clinton.
There are certainly more celebrities that tend to support Democrats, and it has been that way for years. Taylor Swift’s recent announcement of support for anti-Trump candidates is nothing new on the political or media scene.
Another recent survey of mainstream media (MSM) coverage of the president says that their reports are some 92 percent tilted against POTUS #45. But trust in media is also dropping. Millions realize or are discovering the reality of media bias to a degree that per reports may be near historic levels. The Columbia Center for Journalism says only Congress is less trusted than mainstream media.
In that environment, photo and video ops like the one at the White House today could well sway some traditionally Democratic voters to pull the lever for pro-Trump GOP candidates. We will know in less than 4 weeks.
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).
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.