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Sen Elizabeth Warren Buzz, GOP 2 for 2 in NC Special Elections, 2020 Implications? Plus, Manufactured Home Investing Updates

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DowJones9112019YahooManufacturedHomeProNewsStockUpdatesThe race in North Carolina’s 9th district was billed as a bellwether election, a test of President’s Trump pull today vs. 2016. Despite being outspent, per CBS News, Republican Dan Bishop won over Democrat Dan McCready. Hot news just a day or 2 ago, this is hardly a blip on the radar for many news outlets today. Some stressed how close it was, suggesting that was a warning for Republicans. But if so, Bishop’s vote total outperformed a prior special election in this same district which was nullified based on voter fraud concerns. That and how Senator Elizabeth Warren’s campaign responded to a CNBC report will be our twin foci tonight.

 

A statue of a defiant girl stands facing the Charging Bull sculpture in the Financial District of New York, U.S., on Wednesday, March 8, 2017. State Street Global Advisors, a nearly $2.5 trillion investor and unit within State Street Corp., installed the bronze statue in front of Wall Street's iconic charging bull as part of its new campaign to pressure companies to add more women to their boards. Photographer: Jeenah Moon/Bloomberg via Getty Images

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Every evening our headlined 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 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.

 

 

Headlines from left-of-center CNN Business.

  • The bull market won’t die
  • Despite the trade war and Trump’s feud with the Fed, the market shows no signs of slowing
  • Dow posts 6th straight gain to close above 27,000
  • The biggest thing Apple didn’t talk about
  • Land Rover revives one of its most iconic SUVs
  • Oracle CEO Mark Hurd taking a medical leave of absence
  • Europe needs Germany to start spending big. That’s not likely to happen
  • Publix joins retailers asking customers not to openly carry guns into its stores
  • Opinion: Tariffs are hurting Americans. Here are other ways Trump can punish China
  • FTC ramping up its Big Tech antitrust investigations
  • Boeing CEO: 737 Max could face phased in approvals to fly again
  • Lamborghini’s new tech could revolutionize electric supercars
  • Oil legend T. Boone Pickens has died at the age of 91
  • This car has so many screens there’s even one in the steering wheel
  • Trump calls for subzero interest rates. That could backfire
  • Peloton is looking to raise over $1 billion
  • Smart shorts tell you how to improve your workout
  • Fitbit has a new subscription service
  • These farmers are making a killing on CBD
  • Equinox: Stephen Ross doesn’t run our company
  • Taco Bell now has a vegetarian menu
  • Wendy’s will start serving breakfast next year
  • KFC will start testing Beyond Meat fried chicken
  • This grocery chain now sells vegan eggs
  • Subway is testing out a meatless meatball sub

 

Headlines from right-of-center Fox Business.

  • ORACLE CEO MARK HURD TAKING LEAVE
  • Amazon facing probe by US antitrust officials over marketplace
  • China trade war: US companies yank money from country at faster pace
  • Remembering 9/11
  • ‘Biggest challenge of my life’: World Trade Center developer describes rebuilding after 9/11
  • The anniversary of 9/11, when America remembers the deadliest attack on its soil in history, is an appropriate time to look up Larry Silverstein.
  • How 9/11 shocked the markets
  • ‘WSJ at Large’ host Gerri Baker discusses stock market decline following the 9/11 attacks.
  • Co-founders honor late father with 9/11 remembrance sock line
  • Continue to Remembering Sept. 11
  • Canceling student debt: The real cost of a free pass
  • Oil tycoon T. Boone Pickens dead at 91
  • Obamas battling business owner over trademark
  • Trump calls vaping ‘very dangerous’ as White House prepares crackdown
  • Kim Kardashian’s shapewear line makes millions in minutes

 

10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…

Yahoo10MarketClosingIndicatorsManufacturedHomeProNews9.10.2019MHProNews

 

Tonight’s Business/Market/Political Impact Spotlight –

SenElizabethWarrenBuzzGOP2for2INCspecialElections2020ImplicationsPlusManufacturedHomeInvestmentUpdates
Still from video below

Republican Dan Bishop won the closely-watched special election for North Carolina’s 9th Congressional District. CBS News director of elections and surveys, Anthony Salvanto, examined the results, while Nick Ochsner of CBS Charlotte affiliate WBTV provides a granular look from North Carolina.

 

 

What isn’t mentioned in the report above is that the NC 9th district was redrawn in 2016, per Wikipedia and other sources, because it was considered a jerrymandered district by the courts. Not only is the win a win, but it was a victory with a more level playing field and with Democrats outspending the GOP, per CBS News. That said, the left-of-center CBS video is reasonably fair and balanced.

The right-of-center Fox and Friends video is from a program widely considered to be pro-Trump. An interview this morning with Dan Bishop has him giving much praise and thanks to the White House.

 

The Word on Senator Elizabeth Warren

Generally left-of-center CNBC’s Jim Cramer, who has been rather positive on several of President Trump’s policies and steps, said yesterday that his contacts on Wall Street are expressing concern about the rise of Senator Elizabeth Warren.

 

 

The Warren Campaign used that to fund raise off of, as the screen capture below reflects.

SenatorElizabethWarrencramerCNBCResponseManufacturedHousingMHProNews

 

According to that fundraising email, “According to the article, Wall Street executives believe “it would be a suboptimal situation for the banks” if Elizabeth were to win the Democratic nomination.

It could be because Elizabeth has taken on the big banks and Wall Street CEOs before, and won.

Maybe they’re scared of Elizabeth’s plan to stop Wall Street from looting our economy. Or her proposal for an Ultra-Millionaire Tax, which would pay for Universal Child Care and early education, canceling student loan debt, universal free two-year and four-year public college and technical school, and then some.

Or maybe it’s because Elizabeth’s plans will put American workers ahead of corporate profits and bonuses.

Whatever has them nervous, this headline says that we’re doing everything right. They want our movement to stop. But it’s only growing stronger.

Elizabeth is running to be the best president that their money can’t buy. And her ideas for big, structural change have Wall Street executives shaking in their freshly polished leather shoes. They know we can win. But we can’t do this without you.”

That’s shared for several reasons. One, because it accurately represents what Team Warren did. That was a clever way to play off what some might have seen as a problematic report for her campaign.

But two, the tone of her message is very much as was previously reported in the article linked below.

Related Reports:

Good Dan or Bad Dan? President Trump Tells NC Special Election Crowd – Send Message to “America-Hating Left”

“Legalized Looting: Mobile Home Rent Increases Require Wall Street Reforms” Says Senator Warren

 

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.
  • NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

ManufacturedHousingIndustryConnectedStocks9112019ClosingTickersManufacturedHomeProNewsInvestments

 

Updated for Summer 2019…

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 each are suppliers to the manufactured housing industry, among others.

· AMG, CG, and TAVFX have investments in manufactured housing related businesses.

Your link to an example of industry praise for our coverage, is found here and 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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Disclosure. MHProNews holds no positions in the stocks in this report.

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Submitted by Soheyla Kovach, co-managing member of LifeStyle Factory Homes, LLC and co-founder for MHProNews.com, and MHLivingNews.com.

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