There was no deal. Stocks have slid for days, with numerous business and investor sites noting fears over the U.S.-China trade deal. So oddly, when no deal occurred, and the U.S. imposed new tariffs on Chinese goods at a minute after midnight, after a roller coaster day and week, the markets closed mildly up? Go figure. On a day when there were more gainers than losers on manufactured housing track stocks, we’ll look at what the Wall Street Journal (WSJ) had to say today about the current state of the trade talks as our market focus tonight.
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 below, after 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…
- Stocks bounce back
- Dow turns positive after Mnuchin and Trump call China talks ‘constructive’
- Uber falls more than 7% in disappointing Wall Street debut
- LIVE UPDATES Uber may be the biggest IPO bust ever
- Analysis: Stocks will sink if the US-China trade war gets even worse
- China vows to strike back after US raises tariffs
- The US just raised tariffs on Chinese goods. Here’s what that means
- Why Mark Zuckerberg needed to impress Emmanuel Macron
- Jeff Bezos wants Blue Origin to go to the moon. Here’s why that’s a big deal
- The skincare industry is booming, fueled by informed consumers and social media
- Can ‘Pokémon Detective Pikachu’ end the box office reign of ‘Avengers: Endgame’?
- Marriott hasn’t paid the price for its data breach
- Shopping Content by CNN Underscored
- Here are our favorite true wireless earbuds
- Here’s who will get rich from the Uber IPO
- Party City is facing a helium shortage. It’s also closing 45 stores
- Cashiers ring up shoppers at a Walmart Inc. store in Burbank, California, U.S., on Monday, Nov. 19, 2018.
- Walmart’s store managers make $175,000 a year on average
- The brewers of Sam Adams and Dogfish Head merge in $300 million deal
- Heineken has a plan to make Americans love beer again
- Guinness will stop using plastic in beer multipacks
- Constellation Brands CEO took the leap into cannabis. Now everyone is following
- Germany is opening its first electric highway for trucks
- Toyota wants to make smart homes with Panasonic
- VW’s systems can’t cope with 10,000 electric car orders
- What Volkswagen’s electric future will looks like
Select Bullets from Fox Business…
- US stocks recoup losses on officials’ upbeat trade comments
- China-US speed trade talks ‘went fairly well’
- China trade: Tit-for-tat tariffs won’t work, Carly Fiorina says
- US Army’s new uniforms a throwback to classic WWII design
- Uber shares open below IPO price of $45
- WATCH: Major housing clampdown coming soon?
- Royal Caribbean open its $250M ‘Perfect Day’ private island, featuring tallest waterslide in North America
- Trump strikes big HIV drug deal to knock out virus
- Elon Musk taunts Jeff Bezos’ plan to send Blue Origin spacecraft to moon in crude tweet
- 10 most popular jobs for new college grads — and their average entry-level salaries
- Guns N’ Roses sues Colorado brewery for alleged trademark infringement
- Meghan Markle, Prince Harry’s newborn son Archie already has impressive estimated worth
- Elon Musk’s grueling work schedule shocks fans: ‘No choice or Tesla would die’
- Fannie, Freddie IPO could come in 2020: FHFA Mark Calabria
- Party City to shutter 45 stores amid worldwide helium shortage
- Trump’s steel tariffs cost US consumers close to $900,000 per job, analysis finds
- Opportunity zones a ‘game changer’ for entrepreneurs: AOL co-founder Steve Case
- Rihanna, LVMH launch new fashion brand ‘Fenty’
Today’s markets and stocks, at the closing bell…
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 –
It’s an interconnected economy.
Duh, right? But trade deals impact manufactured housing directly and indirectly.
Some plants that produce manufactured homes import, for example, products from China that go into U.S. based factories that build HUD Code homes.
That said, while sharing the Wall Street Journal (WSJ) video without specific comment – we’d look at some of the WSJ claims differently, but that’s another topic for another time – let’s make a comment that will be controversial to some that’s manufactured home specific.
What is controversial to some others in MHVille it at all controversial to us. It’s this.
If specific aspects of manufactured home markets were not arguably being artificially manipulated – see examples in reports linked here, here, here, and here – or manufactured housing would be far more resilient. Why?
Affordable housing is almost always needed. There is no more proven form of affordable housing than manufactured homes. Look at the historic trends, until the last 15 years. What changed? Start with two words, Warren Buffett.
Step by step, MHProNews and our sister site have been ‘building the case’ for why the industry is underperforming. This is done to both inform, but also to set the stage for what’s to follow.
There’s a method to the madness. In the meantime, those that we’ve fact checked and critiqued, given the opportunity to respond, have stayed mute directly. Indirectly, there have been over-the-target reactions.
The opposition has their plan, so do we.
Re: Trade? President Trump was talking tough on trade for decades, as a private citizen. It is arguably one of the signature topics that brought blue collar workers from counties that went Democratic during the Obama presidential contest era twice to go for POTUS Trump. So, while some clearly hate the state of trade, there are those who cheer the developments, even if it means short term pain.
If you ponder your investments in MHVille, see the related reports, linked below. It may get you wondering the same things that caused us to dig deeper and bring our readers the reports that no one else in manufactured housing trade media dares to cover.
Starting with the speech by Secretary Carson, the first link below, why isn’t that posted on the Manufactured Housing Institute website? Why is it found – at this time in manufactured housing industry trade media – only on our sister site?
As political independents and keen MHVille observers, there are a few phrases that both Bernie Bros and MAGA Trump supporters agree upon. One is this. The “system is rigged.” Ponder that as you ponder the links above and below.
HUD Code Manufactured Home Production Decline Continues, May Updates | Manufactured Housing Association Regulatory Reform
Washington, D.C., May 6, 2019 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year HUD Code manufactured home production declined once again in March 2019.
The last decade-plus has not been especially kind to the manufactured housing industry and consumers of affordable housing. The 21 stCentury began with a great deal of promise for the industry and consumers alike.
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).
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.”
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.