CNN Money headlines included Donald Trump’s assertion that the Fed has created a “false economy,” and that Americans don’t believe unemployment rate (see in-depth labor and economic charts/graphics and report, linked here.) Meanwhile, MarketWatch warns – Clouds gathering on U.S. economy? And without action, a government shutdown looms in three weeks – a budget deal is needed.
The three major U.S. market indexes at the close today:
Dow Jones Industrial Avg. – 18,538.12 – 46.16 (0.25%).
S&P 500 – 2,186.48 – 6.50 (0.30%).
Nasdaq – 5,275.91 – 26.01 (0.50%).
Yahoo! Manufactured Housing Composite Value at the close, 1,417.45-5.50 (-0.39%).
Manufactured Housing Composite Value Ticker
DVLY was the largest loser on the day, while Cavco was the biggest gainer. For our recent deeper dive into Skyline, click here. To see Joe Dyton’s head-to-head comparison of Sun Communities vs. apartment giant, MAA, please click here.
*Note: the chart below includes stocks not included in the MHCV
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
(Image credits are as shown.)
ICYMI, Matthew Silver is taking some much needed and well-earned time off, and L. A. “Tony” Kovach will be helping fill the Daily Business News role in the interim).
Manufactured Housing Industry Connected Stock Market Report by L. A. “Tony” Kovach, to the Daily Business News for MHProNews.