The Center of Audiology Serves All of Clarksville’s Hearing Needs
1740 Memorial Dr
Clarksville, TN 37043
Phone: (931) 645-3937
Toll Free: (800) 464-9952
The motto for the Center for Audiology is simple, “Before We Help You Hear, We Listen!”
Clarksville, TN – Hearing is one of the most important of your five senses. We hear all of the great moments in our lives, the first time someone tells you “I Love You,” The simple “I do” when you get married, your child’s first word, and so much more. That is why it is so very important to take the very best care of your hearing.
Dr. Emiko “Emi” LeJeune and Dr. Aubrey Carr, the audiologists at the Center for Audiology in Clarksville can help you protect and care for your hearing, and in doing so ensure that when the time comes you will be able to clearly hear those life changing words.
Dr. Emiko “Emi” LeJeune and Dr. Aubrey Carr at the Center for Audiology in Clarksville, TN
The Weekly Market Snapshot from Frazier Allen
Market Commentary by Scott J. Brown, Ph.D., Chief Economist
Scott J. Brown Ph.D., Chief Economist Raymond James Investment Services
News of the death of Osama bin Laden had only a fleeting positive effect on the stock market on Monday. The economic data were mixed, with some disappointment in the ISM Non-Manufacturing Index and weekly jobless claims, but there was an upside surprise in nonfarm payrolls. Commodity prices tumbled sharply on Thursday, reflecting a partial unwinding of the speculative element.
Nonfarm payrolls rose by 244,000 (median forecast: +195,000), with a 46,000 upward revision to the two previous months. Private-sector payrolls rose by 268,000 – a 233,000 average over the last three months (vs. +104,000 in the three months before that) and gains were broad-based. State and local government payrolls fell by 22,000, down 272,000 (or -1.4%) over the last 12 months. The unemployment rate rose to 9.0%, from 8.8% (it was 9.8% in November), but these figures have been unreliable in recent months. The employment-to-population ratio, a better measure of capacity utilization in the labor market, edged down to 58.4%, little changed over the last year.
Next week, the important economic data bunch up at the end of the week. The seasonal adjustment anticipates increase in the wholesale and retail price of gasoline in April. Hence, the impact on the headline PPI and CPI will be limited. Core inflation is expected to remain relatively low, although at a somewhat higher trend than in 2010. Retail sales figures are adjusted for shifts in the timing of Easter, but it’s tough to get it precisely right. Higher gasoline prices should add to the retail sales total. However, sales results were generally better than expected last month.
Indices
| Last | Last Week | YTD return % | |
| DJIA | 12584.17 | 12763.31 | 8.69% |
| NASDAQ | 2814.72 | 2872.53 | 6.10% |
| S&P 500 | 1335.10 | 1360.48 | 6.16% |
| MSCI EAFE | 1755.56 | 1792.80 | 5.87% |
| Russell 2000 | 829.24 | 861.55 | 5.82% |
Consumer Money Rates
| Last | 1-year ago | |
| Prime Rate | 3.25 | 3.25 |
| Fed Funds | 0.10 | 0.21 |
| 30-year mortgage | 4.62 | 5.07 |
Currencies
| Last | 1-year ago | |
| Dollars per British Pound | 1.642 | 1.513 |
| Dollars per Euro | 1.458 | 1.289 |
| Japanese Yen per Dollar | 80.160 | 94.160 |
| Canadian Dollars per Dollar | 0.967 | 1.026 |
| Mexican Peso per Dollar | 11.690 | 12.646 |
Commodities
| Last | 1-year ago | |
| Crude Oil | 99.80 | 79.97 |
| Gold | 1481.60 | 1172.25 |
Bond Rates
| Last | 1-month ago | |
| 2-year treasury | 0.61 | 0.89 |
| 10-year treasury | 3.22 | 3.50 |
| 10-year municipal (TEY) | 4.28 | 5.11 |
Treasury Yield Curve – 5/6/2011
S&P Sector Performance (YTD) – 5/6/2011
Economic Calendar
| May 10th | — | Small Business Sentiment (April) Import Prices (April) |
| May 11th | — | Trade Balance (March) |
| May 12th | — | Jobless Claims (week ending May 7th) Producer Price Index (April) Retail Sales (April) |
| May 13th | — | Consumer Price Index (April) Consumer Sentiment (mid-May) |
| May 17th | — | Building Permits, Housing Starts (April) Industrial Production (April) |
| May 30th | — | Memorial Day Holiday (markets closed) |
| June 21st-22nd | — | FOMC Meeting Bernanke Press Conference |
Important Disclosures
Past performance is not a guarantee of future results. There are special risks involved with global investing related to market and currency fluctuations, economic and political instability, and different financial accounting standards. The above material has been obtained from sources considered reliable, but we do not guarantee that it is accurate or complete. There is no assurance that any trends mentioned will continue in the future. While interest on municipal bonds is generally exempt from federal income tax, it may be subject to the federal alternative minimum tax, state or local taxes. In addition, certain municipal bonds (such as Build America Bonds) are issued without a federal tax exemption, which subjects the related interest income to federal income tax. Investing involves risk and investors may incur a profit or a loss.
US government bonds and treasury bills are guaranteed by the US government and, if held to maturity, offer a fixed rate of return and guaranteed principal value. US government bonds are issued and guaranteed as to the timely payment of principal and interest by the federal government. Treasury bills are certificates reflecting short-term (less than one year) obligations of the US government.
Commodities trading is generally considered speculative because of the significant potential for investment loss. Markets for commodities are likely to be volatile and there may be sharp price fluctuations even during periods when prices overall are rising. Specific sector investing can be subject to different and greater risks than more diversified investments.
Tax Equiv Muni yields (TEY) assume a 35% tax rate on triple-A rated, tax-exempt insured revenue bonds.
Material prepared by Raymond James for use by its financial advisors.
The information contained herein has been obtained from sources considered reliable, but we do not guarantee that the foregoing material is accurate or complete. Data source: Bloomberg, as of close of business May 5th, 2011.
©2011 Raymond James Financial Services, Inc. member FINRA / SIPC.
Planters Presents $500 to Northeast Middle School
Clarksville, TN – Planters Bank Vice President Joe Pitts and Credit Analyst Lance Joyner present a check for $500.00 to Northeast Middle School students for the upcoming National Robotics Challenge in Chattanooga on May 8th and National History Day in Washington, D.C. in June.
Teachers Polly Kopp and Whitney Joyner guided students through local and state competitions.
VP Joe Pitts (right) and Credit Analyst Lance Joyner (left) present a check for $500.00 to Northeast Middle School students.
State of the Art Facility Being Created by Jostens, Bringing Additional Jobs to Clarksville
Clarksville, TN – Minneapolis-based memory book and scholastic products corporation, Jostens, announced today that it will be establishing a new state of the art memory book facility in Clarksville-Montgomery County, TN. The announcement means an enhanced facility will be based at a new location in Clarksville-Montgomery County with the current facilities located on Highway 48 transitioning into this new location after the completion of the 2011 school year.
David Smith, Chairman of the Clarksville-Montgomery County Economic Development Council stated, “This announcement is a great example of the value the Economic Development Council, its partners, the Aspire Foundation and our two mayors place on constantly understanding the needs of existing industry and creating an incentives model that favors those who are already here and have a demonstrated commitment to this community.” [Read more]
Planters Bank Names Robin Henderson Banking Officer
Clarksville, TN – Planters Bank announces the addition of Robin Henderson as a banking officer at the North Clarksville branch, 2019 Fort Campbell Blvd.
Henderson has 16 years of experience in finance, credit and branch management, having worked previously at Morris Properties and Amsouth Bank in Clarksville, as well as American General Finance in Goodlettsville, TN and Americredit Financial Services in Evansville, IN. [Read more]
Wyatt-Johnson Celebrates 20th Anniversary as Hyundai Dealer as the Brand sets All-Time Record
Rising Gas Prices drive demand for Fuel-Efficient Vehicles, resulting in manufacturer’s Best Month Ever
Clarksville, TN – When Sidney Johnson purchased a fledgling Hyundai franchise in 1991 and welcomed it into the Wyatt-Johnson family, a gallon of gas cost $1.14. Two decades later, gas costs three times as much and the Wyatt-Johnson Auto Group recently marked the 20th anniversary of their partnership with the auto maker with the brand’s highest monthly sales to date.
The Wyatt Johnson Subaru-Hyundai dealership on Wilma Rudolph Blvd.
Clarksville Walmart Announces Big Changes In Store
Innovative design to improve shopping experience
Clarksville, TN – The Clarksville Walmart, located on Fort Campbell Boulevard, recently began an extensive renovation. The store will receive a full remodel from the inside out and will represent the latest in Walmart’s store design and customer experience. The project is expected to be complete in May.
The new design is based on feedback from customers and will feature a clean, open and bright new look in the store with a bright interior paint scheme and lighting, and easy-to-read signage to help customers find the products they need. [Read more]
Queen City College to hold Grand Opening for their expanded Esthetics Department Saturday
Clarksville, TN – Queen City College is proud to announce the grand opening of their expanded Esthetics Department Saturday, April 16th, 2011 from 10:00am – 4:00pm, right next door to their current location.
The 2000 square foot addition will offer several private treatment rooms, make-up and skin care retail products, and even a boutique. [Read more]
The Weekly Market Snapshot from Frazier Allen
Market Commentary by Scott J. Brown, Ph.D., Chief Economist
Scott J. Brown Ph.D., Chief Economist Raymond James Investment Services
The economic calendar was thin. The stock market continued to shrug off worries for the most part. The threat of a government shutdown and a continued surge in oil prices did not seem to generate much concern, but another earthquake in Japan caused a brief reaction in U.S. markets. The European Central Bank raised short-term interest rates, as expected. Oil prices continued higher. West Texas Intermediate rose to over $110.00 per barrel, but Brent (which is more representative of the global price of oil and more important for gasoline prices) exceeded $125.00. Gasoline futures suggested that the average retail price may near $4.00 per gallon soon.
The minutes of the March 15th FOMC policy meeting showed that Fed officials felt that the inflationary impact from higher food and energy prices was likely to be “transitory.” Risks to the growth outlook were seen as “roughly balanced,” but officials noted that a more substantial increase in oil prices would add downside risk to growth and upside risk to inflation. [Read more]
Miller – Motte Technical College Partners with Sister Schools to Raise $14,000 to Benefit Shelter Box in Jeans for Japan Campaign
Clarksville, TN – In light of recent disasters in Japan, the students, faculty and staff of Miller-Motte Technical College (MMTC) created a campaign called Jeans for Japan to raise donations for the cause. Employees were encouraged to pay $1.00 to wear jeans instead of scrubs or professional attire.
Miller – Motte Technical College Jeans for Japan Campaign, Clarksville TN.
