The White House and the GOP are aglow, but oddly so are Democrats. Can they both be correct in their projections?
After over a year of investigations, by often leak-prone federal officials, months by special counsel Robert Muller, and much of the left-of-center mainstream media scrambling to find evidence of an illegality by the president, a Democratic senator says, no joy yet for their hunt for impeachment.
We have reports from both the left-and-right wing media in Washington, and both upon careful review look to be favorable to the president and the GOP. Those will be our spotlight report, found deeper below, 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:
- 8.8 million sign up for Obamacare
- Your tax questions, answered
- Incoming tax law: 34 things you should know Trending
- Trade deficit could get worse
- Boeing and Embraer are in tie-up talks
- Tax bill does the booze industry a solid
- Betsy DeVos limits debt relief
- Tax break for hedge fund managers survives
- Apple: Yes, we’re slowing down older iPhones Trending
- Toys “R” Us isn’t closing stores … yet
- Tea maker to become blockchain company. Stock soars
Selected headlines and bullets from Fox Business:
- Retail bankruptcies hit 6-year high
- Stocks gain as companies pledge bonuses, higher wages after tax cuts
- Bull market can keep chugging despite age and doubters
- Oil little changed despite planned restart of UK North Sea pipe
- GOP tax bill could end Puerto Rico’s reign as tax haven
- Long Island Iced Tea skyrockets after renaming itself Long Blockchain
- Spicer on Tom Hanks’ Trump snub: ‘The Post’ should be used to open dialogue with White House
- GOP tax reform: Time to ditch your 401(k) account?
- Trump & carried interest: Private equity firms also donated to Clinton, Tony Sayegh says
- Tax Calculator: What tax reform means for you
- GOP tax bill: AT&T, Boeing among corporations rewarding employees
- GOP tax reform and changes to your paycheck
- Rhode Island’s unemployment rate ticks up to 4.3 percent
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 2,684.57 +5.32(+0.20%)
Dow 30 24,782.29 +55.64(+0.23%)
Nasdaq 6,965.36 +4.40(+0.06%)
Russell 2000 1,547.11 +7.03(+0.46%)
Crude Oil 58.22 +0.13(+0.22%)
Gold 1,270.80 +1.20(+0.09%)
Silver 16.20 -0.07(-0.46%)
EUR/USD 1.1876 +0.0003(+0.02%)
10-Yr Bond 2.48 -0.02(-0.64%)
Manufactured Housing Composite Value
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 –
Who’s correct on the controversial tax bill that just passed yesterday? Democrats and their media backers, or the GOP and their media supporters?
We’ll explore that today.
The President and the GOP are celebrating, but pushing ahead on the looming budget deal needed for tomorrow. Meanwhile, Democrats and left-leaning media – after weeks of counter-claims – suddenly admit that the tax deal will yield the promised benefits to “8 out of 10” middle class households.
And a Democratic senator says on left-of-center MSNBC that it is “premature” to talk about “impeachment,” which means that after over a year of (witch?) hunting, there is still no smoking gun evidence of any wrongdoing by the 45th president.
Right-of-center HotAir spotlighted for the Daily Business News an interesting analysis on the left-of-center Washington Post (WaPo).
All this hold true to the months of prior reports and analysis you’ve found only on MHProNews in the manufactured housing industry’s media.
Translation, we do our research, so it pays for you and others to be a reader here. Because we strive to make clear the facts and the truth about what often complex and competing claims from across the political and economic spectrum. That research means that Daily Business News industry professionals and investors discover useful “Industry News, Tips, and Views Pros Can Use” ©…daily!
“Democrats, routed but unified against the tax bill, plan to make it the centerpiece of a midterm campaign — one that may play out in a growing economy where the worst predictions about the tax cuts fall flat. Republicans, who once hoped that Democrats would feel pressured to back the bill, now suggest that voters will learn that the Democrats misled them.
“If we can’t sell this to the American people, we ought to go into another line of work,” Senate Majority Leader Mitch McConnell (R-Ky.) said after the bill’s passage,” WaPo’s report and analysis said.
“In a separate Power Post entry, Hohmann cautions that “The tax bill is likely to become more popular after passage.” He begins by running down a list of the most recent and decidedly dismal polling. One NBC – Wall Street Journal poll found that only 24% of respondents think the plan is a good idea and a plurality (37%) believe that the middle class will pay more. CNN’s survey finds an identical 37% think their families will be worse off because of the tax cuts. (!?)” said HotAir, about the WaPo column.
WaPo then said, “But here’s the truth: 8 in 10 Americans will pay lower taxes next year, according to the nonpartisan Tax Policy Center’s analysis of the final bill. Only 5 percent of people will pay more next year. Mostly, those are folks who earn six figures and own expensive houses in places with high local taxes, such as New York and California…
I interviewed a dozen GOP operatives yesterday about how they plan to deal with this issue in 2018. They said the numbers right now are so bad that they can only get better. They freely acknowledged the head winds, but they see an opening to sell the cuts and insist that perceptions are still not fully baked. They’ve conducted focus groups and commissioned polls to figure out the talking points that are most likely to move the needle, and they’re planning multimillion-dollar advertising campaigns to drive those messages…
Republicans have a lot of upside potential with their own base. The NBC-WSJ poll finds that only 53 percent of Republicans and 57 percent of Trump general election voters currently back the tax bill. Even worse, just 28 percent of rural Americans and 29 percent of whites without a college degree think it is a good idea right now. Trump’s overall popularity may be at a record low in the survey, but these are constituencies he can persuade.”
HotAir’s pundit concludes in his review of the WaPo admissions, “H
Meanwhile, at the right-of-center Washington Examiner…
They cited the White House in compiling this list of 12 categories and 81 success items for the president so far in 2017.
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
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).
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.
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.