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U.S. Canada Trade Deal Looming, Stocks Rise, Plus MH Market Updates

CNNmoney8.29.2018ManufacturedHomeStocksMarketsReportsMHProNewsThere are a few readers who’ve said to MHProNews,don’t get into politics.’ Or ‘avoid industry politics.’ A few said, ‘Don’t get into economics.’ Others have said,  ‘Don’t ever say anything that cites religion or morality,’ etc. We respect and appreciate thoughtful comments from our readers. We strive to read them all. But we are laser focused on providing the kind of comprehensive insights that the majority of professionals – from businesses of all sizes – and long-term investors crave.  The results of doing what we think is right?  After an adjustment, MHProNews now has the highest readership yet. Traffic has more than doubled in less than a year. We were already in the industry leader in MHVille trade media by a country mile. Our thanks to readers who make that statement accurate. That said, tonight’s headline report, is further below.

 

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 belowafter 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…

  • Lawyer: We’re ‘finalizing’ a libel lawsuit against Elon Musk over ‘pedo’ tweet
  • Elon Musk may have violated labor laws with a tweet
  • Amazon defends itself from Bernie Sanders’ attacks
  • Newspapers get a break on Trump tariffs
  • It’s time for investors to go on the defensive
  • Jack Daniel’s maker plans to raise prices because of tariffs
  • How would the stock market react if Trump is impeached? Economists weigh in
  • New estimate raises second quarter economic growth to 4.2%
  • Papa John won’t leave Papa John’s alone
  • Uber CEO: One thing I would have wanted to fix faster
  • Steve Jobs’ widow blasts her stepdaughter’s memoir
  • Elon Musk lashes out on Twitter again
  • The dangers of the burned out CEO
  • Aston Martin is getting ready for an IPO
  • Toyota’s latest step to future-proof itself
  • Wanna bike instead of ride? Uber is cool with that
  • Didi has a crisis and so does China’s ride-hailing industry
  • GoPro CEO: We’re ‘actively looking’ to source outside of China
  • What students are learning at Google’s virtual labs
  • In praise of the power breakfast
  • Ikea is the latest big brand to feel the heat in China over Taiwan
  • Where’s the US housing market headed? 4 things to know
  • Trump slams Google search as ‘rigged’ — but it’s not
  • Best Buy makes all the right moves, but Wall Street isn’t sold
  • JPMorgan just made another high-profile AI hire
  • Ex-Barnes & Noble CEO sues over his firing
  • Travel in China is booming. So why are airlines scrapping flights?
  • Google will now help you get a bank loan in India
  • Ride-hailing app promises changes after a second passenger is murdered

Select Bullets from Fox Business

 

  • Amazon takes rare public swipe at Bernie Sanders’ criticism of online retailing giant
  • Another day, another record: Key indexes notch more all-time highs
  • Is America’s economy crushing it?
  • These car brands are tops in customer satisfaction
  • Dick’s Sporting Goods: Gun policy change, Under Armour to blame for weak results
  • NFL’s Aaron Rodgers to sign record contract with $100M guaranteed: report
  • Tired of politics, culture dominated by liberal billionaires: Varney
  • Micron Technology to spend $3B, create 1,100 Virginia jobs
  • Construction firms, desperate for workers, bump pay
  • Jimmy Carter urges Dems not to impeach Trump
  • Maria Sharapova on whether doping ban ‘tarnished’ her brand
  • Labor Day car deals for bargain hunters
  • Ex-Tesla employee alleges company turned blind eye to drug trafficking in SEC tip
  • Here’s how long $1 million in retirement savings will last in your state
  • These are the most valuable cities in the US
  • New law will make it easier to check your child’s credit: Why you should
  • How Stumpy’s turned hatchet-throwing into a fast-growing business
  • Stumpy’s Hatchet House: How to throw a hatchet
  • JPMorgan to offer free online stock trading service
  • Goldman Sachs to cover breastmilk shipping costs for new moms
  • Only banks should continue with quarterly earnings reports: Signature Bank Chairman
  • Labor Day car deals for bargain hunters
  • Maker of James Bond’s favorite sports car eyes stock market
  • These car brands are tops in customer satisfaction
  • Aston Martin announces IPO plans

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance8.29.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue8.29.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

USCanadaTradeDealLoomsPOTUSTrumpStocksRisePlusMHMarketUpdates

President Donald J. Trump has Signaled Optimism that Canada Can Meet Friday Trade Deal Deadline

Several publicly traded companies in manufactured housing (e.g; ELS, Triad, Skyline/Champion) have ties to Canada.  Lumber and other products are among the items that cross the border to build manufactured homes in the U.S.

Just as trade with Mexico is huge, so too is trade with Canada.

Per CNBC:

  • President Donald Trump says Wednesday that he is optimistic Canada will join the new U.S. trade deal with Mexico.
  • Trump also reiterates his Friday deadline for the U.S.’ northern ally to join the NAFTA replacement, which Trump coined “The United States-Mexico Trade Agreement” earlier in the week.
  • Stocks touched record levels after Trump announced the new deal Monday in a live speakerphone call with Mexican President Enrique Pena Nieto.

I think Canada very much wants to make the deal,” Trump told reporters at the White House, while adding, “It probably won’t be good at all if they don’t.”

Trump also reiterated his Friday deadline for the U.S.’ northern ally to join the NAFTA replacement, which he coined “The United States-Mexico Trade Agreement” earlier in the week.

BiggestUSTradeDeficitsDailyBusinessNewsMHProNEws

  • They want to be part of the deal,” Trump said of Canada. “We gave until Friday and I think we are probably on track. We’ll see what happens.”
  • But Canadian Prime Minister Justin Trudeau said Wednesday at a press conference in northern Ontario, “No NAFTA deal is better than a bad NAFTA deal.”

 

Friday’s just ahead. As the president often says, “we will see.”

Related Report:

US, Mexico Reach Trade Deal, Replacing NAFTA, Stocks Roar, Plus MH Market Updates

 

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).

8.29.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st 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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

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