CNNMoney reports The Dow Jones Industrial Average re-gained small ground today, moving up 37.65 points on the heels of a near seven percent loss for the week, it’s worst since Oct. 2008. It closed at 10,771.48, a gain of 0.35 percent. Yahoo!’s Manufactured Housing Composite gained 2.05 percent to end […]
Investors Losing Faith in World leaders and Economies Read More
Consumers’ Views on Current Economy Rise Data released Friday by the University of Michigan/Thomson Reuters show that consumer sentiment rose in September after tumbling to a nearly-three-year low in August. The preliminary sentiment reading for September increased to 57.8 from 55.7 in August. The August reading was the lowest level
MH News Wire – September 2011 Read More
CNNMoney reports that the volatile markets rose today, while Greek debt and U.S. Debt reduction talks loomed over investors. The Dow closed at 11,061 +68.99 +(0.63%), with a year to date loss of -4.46%. The Yahoo! Finance Manufactured Housing Composite Value declined to 798.6 -0.16%. Affiliated Managers Group 81.75 +0.51
Volatile markets rose, MH mixed. Read More
Home Builder Sentiment Stuck at Low Level in August The National Association of Home Builders/Wells Fargo home market index held at 15 this month on a seasonally adjusted basis. Readings above 50, not seen since April 2006, are considered favorable. “The uncertain economic climate and concerns about job security
MHI News Wire August 2011 Read More
CNNMoney reports that the Dow closed at 11,405.93, off -76.97 (-0.67%). While the market is up modestly over the last 5 trading sessions, overall the market has declined significantly in recent weeks. The Manufactured Housing Composite Index Value: 782.1 up +3.43%. Affiliated Managers Group 87.44 -2.50 (2.78%). Clayton/VMF and other
Dow Slides again, but Manufactured Housing Composite value rises Read More
CNNMoney reports stocks closed higher today, but turbulence remained. Stocks dropped initially after the Federal Reserve said economic conditions warrant exceptionally low interest rates until 2013 and risks to the economy have increased. Overall, stocks have declined some 15% in the last two weeks of trading, the worst performance since
Stocks roller coaster but end up: most MH also rise Read More
A volatile market ended the day with the Dow up 60.85 points, or 0.53%, to 11444.53. Jobs reports, an EU/Italian debt deal and other factors kept investors fears elevated. The Yahoo! Finance Manufactured Housing Composite index closed down, -2.81% to 1019.3. Berkshire Hathaway – parent of Clayton, VMF and other
Roller Coaster Markets end up, but concerns continue Read More
Concerns over the business impact of the freshly struck federal debt ceiling limit deal in DC sent stocks tumbling yet again. The Yahoo! Manufactured Housing Composite index followed the broad decline, dropping -2.81% to close at 1019.30. Berkshire Hathaway, parent of Clayton Homes, Vanderbilt Mortgage and Finance, and other manufactured
Stocks tumbled again, Manufactured housing stocks follow Read More
Money Talk radio show host Bob Brinker called it two weeks ago, saying that the debt ceiling would be raised and that everything else going on in DC was political theatrics. Home Depot and Merck lead stocks lower, with a brief rally caused by news of a debt ceiling deal
Debt Ceiling Deal: Money Talk’s Brinker called it two weeks ago Read More
The Dow dropped 91.50 or .073% to close at 12,501.30 today. The dip came on the heels of Moody’s and S&P’s renewed warning they may downgrade the U.S. Credit rating over the debt ceiling issue. Most manufactured housing stocks also fell. Berkshire Hathaway (parent of Clayton Homes) dropped -.0.49. Cavco
Dow Dips as Moody, S&P Warn of U.S. Credit Downgrade Read More
