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Information Articles for the Clarksville TN and Montgomery County Tennessee area

Articles

Information Articles for the Clarksville TN and Montgomery County Tennessee area

Clarksville Weekly Market Snapshot from Frazier Allen for the week of January 27th, 2016

January 27, 2016

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Global worries continued, but the U.S. stock market rebounded somewhat after a sharp slide on Wednesday, lending hope to the view that the worst is behind us. Oil prices also improved, but it’s not clear whether the global outlook was helped by higher oil prices or the other way around.

Yields on long-term Treasuries fell on the flight to safety, but that was partly unwound as global worries eased at the end of the week. Investors also took encouragement from European Central Bank President Draghi’s comments that the ECB will review and reconsider its policy outlook in March.

Frazier Allen

Frazier Allen

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Clarksville Civil War Roundtable’s next meeting is January 20th, 2016

January 18, 2016

The 142th Meeting

Clarksville Civil War RoundtableClarksville, TN – The next meeting of the Clarksville (TN) Civil War Roundtable will be on Wednesday, January 20th, 2016 at the Bone & Joint Center, 980 Professional Park Drive, right across the street from Gateway Medical Center. This is just off Dunlop Lane and Holiday Drive and only a few minutes east of Governor’s Square mall.

The meeting begins at 7:00pm and is always open to the public. Members please bring a friend or two – new recruits are always welcomed.

Topic: “Abraham Lincoln and the Russians”

Abraham Lincoln

Abraham Lincoln

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of January 16th, 2016

January 17, 2016

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The important economic data reports were bunched up on Friday. December retail sales results were somewhat disappointing. Industrial production was weighed down by mild temperatures (lower output of utilities) and a further contraction in energy exploration.

Manufacturing output edged down modestly, mixed across sectors, but generally soft over the last several months. The New York Fed’s Empire State Manufacturing Index fell sharply in January.

Frazier Allen

Frazier Allen

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Southeast Tourism Society Selects the Rivers and Spires Festival as a ‘Top 20 Event’

December 18, 2015

Travel industry organization has saluted region’s best events since 1985

Rivers and Spires FestivalClarksville, TN – The Southeast Tourism Society has named Clarksville’s Rivers & Spires Festival one of the STS Top 20 Event in the Southeast for April 2016.

This year’s Rivers and Spires Festival is scheduled for April 14th-16th, 2016. The STS Top 20 Festival and Event Awards have highlighted programs around the Southeast since 1985.

Rivers and Spires Festival

Rivers and Spires Festival

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The Freed Slaves of Montgomery County

December 14, 2015

Clarksville Tennessee HistoryClarksville, TN – Every human being has worth and deserves dignity. “Everyone matters” is an incredibly powerful humanitarian ideal, and one upon which the United States seems to continually both build and define. We hear the whispers of this ideal within the words of the Declaration of Independence.

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

The generation of Americans which fought to free us from the tyranny of Europe in the late 18th Century probably could not have grasped how these words, and the spirit of the ideal they reflect would be used by subsequent generations to form the nation we live within today.

Unknown Slave Women and children

Unknown Slave Women and children

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 13th, 2015

December 13, 2015

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic calendar was thin. The headline retail sales figures for November were not far from expectations, but core sales (which exclude autos, building materials and gasoline) were up 0.6% (stronger than anticipated). The Producer Price Index continued to reflect disinflation pressure, with falling prices within the pipeline.

Commodity prices fell further, led by a drop in oil (now below the critical $40.00 level). Anxieties about the decline in commodity prices fed through to the stock market, which fell broadly during the week and cast some doubt about the Fed’s ability to raise rates next week (still likely, but increased financial instability could lead to a delay).

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 6th, 2015

December 6, 2015

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Fed Chair Janet Yellen did not commit to raising rates in December, but she continued to lay the groundwork for an initial hike. She noted that with interest rates close to zero, the consequence of raising rates too soon or too late is not symmetric, which suggests that the Fed should be cautious as it prepares to tighten monetary policy.

However, she also noted that monetary policy affects the economy with a lag, and waiting too long raises risks for the economy and for financial stability.

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 2nd, 2015

December 2, 2015

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Next week, the economic calendar has plenty of fresh figures. The ISM surveys and Friday’s employment report would normally be the highlights (and those reports will be important), but financial market participants will be more interested in what happens Thursday.

The European Central Bank’s Governing Council is expected to expand its asset purchase program, while Fed Chair Janet Yellen with testify before the Joint Economic Committee of Congress. Yellen is likely to provide a clearer signal that the Fed will begin raising short-term interest rates at the December policy meeting.

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 15th, 2015

November 15, 2015

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data calendar was relatively thin, leaving stock market investors to fret about a likely December rate hike from the Fed. A 25-basis-point increase in short-term interest rates should not have much of an impact on the economy, especially if the Fed follows up very gradually (as anticipated).

However, the financial markets see the initial tightening move as a big deal, so it is. Weak earnings results haven’t helped, but most of the weakness is tied to the strong dollar and slower growth abroad.

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 8th, 2015

November 8, 2015

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The October employment report was much stronger than anticipated. However, figures should be considered in their proper context. Nonfarm payrolls rose by 271,000, with a net upward revision to the two previous months of +12,000.

Due to the start of the school year, seasonal adjustment can be tricky in October (we added 1.152 million jobs before seasonal adjustment, versus 1.081 million in October 2014).

Frazier Allen

Frazier Allen

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