The Weekly Market Snapshot from Frazier Allen for the week of July 17th
Market Commentary by Scott J. Brown, Ph.D., Chief Economist

Scott J. Brown Ph.D., Chief Economist Raymond James Investment Services
Tensions increase around the federal debt ceiling. Moody’s and Standard & Poor’s indicated that the U.S.’ credit rating could be reduced if the debt ceiling isn’t raised. A downgrade would send ripples throughout the financial markets. The markets did not seem too concerned, apparently on the strong belief that the debt ceiling would be raised in time to avoid a self-inflicted financial market calamity.
The key paragraph from the June 22nd-23rd FOMC Minutes: “On the one hand, a few members noted that, depending on how economic conditions evolve, the Committee might have to consider providing additional monetary policy stimulus, especially if economic growth remained too slow to meaningfully reduce the unemployment rate in the medium run. On the other hand, a few members viewed the increase in inflation risks as suggesting that economic conditions might well evolve in a way that would warrant the Committee taking steps to begin removing policy accommodation sooner than currently anticipated.” In his monetary policy testimony, Chairman Bernanke presented a balanced outlook on monetary policy, but the markets only focused on the possibility of further asset purchases. [Read more]
The Clarksville Parks and Rec Report for July 17th
Billy Dunlop Park will be closed to the public July 16th-22nd for Boy Scouts Day Camp.
Clarksville, TN – The weekly Clarksville Parks and Recreation Department Recreation Report provides Clarksvillians with a glimpse at the activities and events that are available from the Parks and Recreation Department for them to enjoy together as a family.
This weeks highlights include:
- Rock Your Park Photo Contest
- Fall Adult Softball & Kickball Leagues Registration
- Aqua Zumba
- Movies in the Park
- Party in the Park
- Clarksville Downtown Market
Clarksville Christian School’s Fourth Annual Benefit Dinner features Diamond Rio
Clarksville, TN – Clarksville Christian School, Clarksville, TN announces its Fourth Annual Benefit Dinner on Thursday, September 22nd, 2011 at 7:00pm to be held at the Hilldale Baptist Family Life Center.
The event will provide an incredible night of entertainment by Grammy Award Winning Country Group, Diamond Rio.
Select City Pools to remain open through Labor Day Weekend
Clarksville, TN – The City of Clarksville Parks and Recreation is extending the season of two of the five City pools this summer. Beachaven Pool and New Providence Pool will remain open Friday evenings, as well as Saturdays and Sundays through September 4th.
Current summer pool passes will be honored during the extended hours. [Read more]
Jersey Mike’s opens 25th Nashville Area Store
Owner Celebrates with Free Subs for Susan G. Komen For the Cure® Donation
Clarksville, TN – Jersey Mike’s Subs will open its 25th store in the Nashville market next week. Jersey Mike’s owner Jeff Horn knows the importance of community relations and will celebrate his new ties with the area during his grand opening on July 20th.
To commemorate the event, the new restaurant, located at 2808 Wilma Rudolph Blvd., is hosting a 5-day fundraiser from Wednesday, July 20th through Sunday, July 24th, with proceeds supporting Susan G. Komen for the Cure®. Anyone who has a fundraising coupon can get a free regular size sub with a minimum $1.00 contribution. More than 5,000 coupons are being distributed throughout the community. [Read more]
Justice Assistance Grant Public Comment Session
Clarksville, TN -The City of Clarksville and Montgomery County intend to submit a joint application for the 2011 Byrne Justice Assistance Grant in the amount of $89,798, with the funds to be shared equally by the County and the City for traditional law enforcement and crime prevention activities. Any person wishing to make a comment is invited to attend a public comment period July 18th, 2011 at 1:00pm.
This session will be held in the Finance Department Conference Area, Room 300, 3rd Floor of City Hall, 1 Public Square, Clarksville, Tennessee.
The Clarksville Civil War Roundtable’s next meeting is July 20th
Clarksville, TN – The next meeting of the Clarksville (TN) Civil War Roundtable will be on Wednesday, July 20th, 2011 in our new home at the Bone & Joint Center, 980 Professional Park Drive, right across the street from Gateway Hospital. 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.
This meeting’s topic is “The Staff of Robert E. Lee” [Read more]
Dunbar Cave State Natural Area Programs for July 17th through July 23rd
Clarksville, TN – Dunbar Cave State Natural Area has been a State Park since 1973. The cave and its surrounding 110 acres have considerable scenic, natural and historical significance. The entrance offered shelter to prehistoric Native Americans as far back as 10,000 years.
Dunbar Cave State Natural Area will present many nature programs this summer.
Upcoming events include: Evening Critter Hike, History of Dunbar Cave, Geology of a Cave, Dragonfiles and so much more!
What Is Jin Shin Jyutsu and How Can It Help Me?

Clarksville, TN– Most people have a reluctance, even a fear, of trying new things. A healing technique that has a Japanese name and involves another person touching your body may make many Tennesseans feel that it’s not something they want to encounter.
Jin Shin Jyutsu (pronounced “jin-shin-jit-soo”) may seem new and different, but I can assure you it’s neither something to avoid nor is it something to fear. It is an age-old healing technique that originated in Japan about 1900 when Jiro Murai, a philosopher, recovered from a life-threatening illness after he rediscovered its methods. The words themselves mean “the art of the Creator in the person of compassion.”
This healing art involves having a therapist gently touch specific points on one’s body while you lie fully clothed on a massage table with, if you like, a small pillow under your head and a larger one under your knees. If you’re fortunate, you’ll have therapist Christina Burawa helping you rid yourself of stress and pain. [Read more]
APSU plans grand opening of Castle Heights residence hall in August
Phase II to begin this Fall
Clarksville, TN – Campus excitement is building in anticipation of the new Castle Heights residence hall at Austin Peay State University – especially since it is the first new student housing project since Hand Village opened in July 2004.
A grand opening for Castle Heights is slated for 10:00am, Thursday, August 11th. The public is invited to attend the celebration at the new facility, located on the corner of Robb Avenue and Marion Street. The event will feature a tour, refreshments and a brief ceremony.