Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 2nd, 2014
November 2, 2014
Clarksville, TN – As expected, the Federal Open Market Committee brought the large-scale asset purchase program (QE3) to an end and repeated that it expects conditions to warrant exceptionally low levels of the federal funds rate “for a considerable time.”
The policy statement was viewed as more hawkish (or less dovish) than anticipated. The FOMC noted that the slack in the job market is “diminishing gradually” (in the previous statement, slack was described as “significant”). The Fed added that the initial increase in short-term interest rates likely would come sooner if the economy is stronger than anticipated or later if the economy disappoints.
Frazier Allen
Clarksville Beginnings – Part 2: Revisiting the Massacre at Sevier Station; In Their Own Words
October 27, 2014
Clarksville, TN – I love history and find it fascinating – and you must enjoy it as well or you would not be reading this article! Yet, I could listen and listen to someone who is alive and well with me today go on ad nauseum about the dry facts from the past and get absolutely nothing from it.
But, to hear the very words of those who lived before us – those priceless journals, letters, and testimonies – that is gold to me! It is amazing to be able to peak into their minds and hearts for just a moment and experience with them the joys, the struggles, the hopes, and the pain of the experience of life.
That is what we have with the story of the lives of Valentine Sevier, his family, and community – their own words.
Sevier Station
Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 26th, 2014
October 26, 2014
Clarksville, TN – Mixed, but generally favorable, earnings reports and an ebbing in Ebola fears helped propel the major stock market indices higher.
The economic data were largely irrelevant. The Consumer Price Index continued to show a low trend in inflation (+1.7% y/y for both the headline index and the core). Home sales figures were mixed. The Index of Leading Economic Indicators rose 0.8% suggesting little chance of a recession anytime soon
Next week, the earnings calendar is brisk with about a third of the companies in the S&P 500 reporting. There are two key items on the economic calendar: the Fed policy meeting and the advance estimate of 3Q14 GDP growth.
Frazier Allen
Author Schmitt to read from “beautiful and heartbreaking” memoir at APSU on October 23rd
October 21, 2014
Clarksville, TN – Kate Schmitt’s grandmother was in her 30s when she committed suicide. The tragic event took place long before Schmitt was born, but the death has haunted her throughout her life.
After years of struggling with this unwanted legacy, Schmitt, a skilled poet, decided to face these demons by writing a memoir addressed to her late grandmother.
The resulting work, “Singing Bones,” won the 2013 Zone 3 Press Creative Nonfiction Award. [Read more]
Clarksville Beginnings: The Early History of Sevier Station – Part 1
October 20, 2014
Clarksville, TN – Have you seen the old stone building on Walker Street in the New Providence area? If not, come by and take a look at it some time. This primitive looking building, labeled “Sevier Station”, is on the National Register of Historic Places and is touted as the oldest building in Montgomery County, Tennessee.
As you walk around and gaze at the roughhewn limestone quarried from the nearby bluffs, and ponder the old chimney placed oddly in the center of the building, and consider the apparent gun port built into the east side, may you contemplate the ground upon which you are standing.
Sevier Station
Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 19th, 2014
October 19, 2014
Clarksville, TN – What a week. Concerns about the downside risks to Europe and the rest of the world pushed global equity markets down and the U.S. followed. The economic data mattered little for the most part, but disappointing retail sales figures added to the drop in U.S. stocks on Wednesday.
Yields on long-term Treasuries sank sharply. Following a few days of elevated volatility, the financial markets appeared to settle down on Friday.
Frazier Allen
King and Queen of Wags to Witches 2014 Pet Photo Contest Fundraiser
October 12, 2014
Clarksville, TN – Is this the year your beloved four-legged friend officially becomes royalty? Will they forever be addressed as Your Majesty/Your Highness by their loyal subjects?
In celebration of the Humane Society of Clarksville-Montgomery County’s biggest event of the year, the 8th Annual Wags to Witches Fur Ball Bash, being held on October 25th at the Riverview Inn, pet owners are invited to submit their pet photo(s) to compete for the coveted title of King and Queen of Wags to Witches 2014.
Hurry, deadline to enter is Midnight on October 13th.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 7th, 2014
October 7, 2014
Clarksville, TN – There were plenty of economic data reports, but the financial markets mostly obsessed about other things (quarter–end positioning, soft global growth, geopolitical tensions, Ebola). The headline figures from the employment report were better than expected, a positive for stocks and a negative for bonds.
Nonfarm payrolls rose by 248,000 in September, while the two previous months were revised a net 69,000 higher. Some of the strength reflected a rebound from special factors that had reduced the August total.
Frazier Allen
Diabetes, Cardiovascular-Disease Patients should pursue regular hearing checks
October 7, 2014
Clarksville, TN – The prevalence of hearing loss increases with every decade of age and is closely tied to several ailments, including diabetes and cardiovascular disease.
A 2008 study by the National Institutes of Health revealed that hearing loss is about twice as common in those with diabetes compared to those without, and a 2005 Harvard study found that hearing loss occurs about 54% more often in those with heart disease compared to the general population.
Dr. LeJeune of the Center for Audiology administering a hearing test.
Planters Bank’s Hilldale Gallery to feature Shane Moore Exhibit ‘Touch of Grey’ in October
October 3, 2014
Clarksville, TN – Local Photographer Shane Moore will show a collection he’s titled “Touch of Grey” at the Planters Bank-Hilldale Gallery on Thursday, October 2nd- Wednesday, November 5th.
Moore is a photographer committed to traditional black & white film photography. While he does incorporate digital images into some of his fine art prints, his passion and goals remain creating interesting, thought-provoking or beautiful images on film, then producing one-of-a-kind archival prints in his darkroom.
Shane Moore Exhibit ‘Touch of Grey’ at Planters Bank
