City of Clarksville Councilman Vondell Richmond helps build entrepreneurial momentum
February 8, 2020
‘Mingle’ event honors small business advocates
Clarksville, TN – Ward 2 City of Clarksville Councilman Vondell Richmond is continuing efforts to boost the community’s focus on economic and small business development.
Participants have fun during a “Family Feud” challenge at an entrepreneurial ‘Mingle’ event February 4th at Old Glory Distillery.
Frazier Allen – 2017 Outlook: Opportunity and Uncertainty
January 21, 2017
Clarksville, TN – Each quarter, the Raymond James Investment Strategy Committee completes a detailed survey sharing their views on the investment environment, and their responses are the basis for a discussion of key themes and investment implications covered in this quarter’s Investment Strategy Quarterly.
Read an overview of the key themes below, or download the entire publication for a more thorough view of the markets and the economy.
The Raymond James Investment Strategy Committee weighs in on market trends, economic conditions and the outlook for investors in 2017.
City of Clarksville Population Estimates Climb Toward 150,000
September 17, 2016
Clarksville, TN – Estimates released yesterday from the U.S. Census Bureau’s American Community Survey show Clarksville’s population at 149,120. Just shy of the 150,000 mark, this growth reflects an 11.6% increase over the past five years.
In the same report, Montgomery County population is growing quickly toward a population of 200,000, with a 2015 estimate of 193,479, which is also up 11.6% from 2010. The number of households in the county increased to 70,494, up 7.7% over 2014.
Average Age Stays Young; Education Improves
Frazier Allen: Domestic Stocks Climb Higher in July
August 12, 2016
Clarksville, TN – The Dow Jones Industrial Average and the S&P 500 both reached new highs during July, and the S&P 500 notched its fifth consecutive monthly gain.
According to research by Raymond James Chief Investment Strategist Jeff Saut, historically, any time the broad market S&P 500 has hit a new all-time high after 52 weeks spent below the previous high-water mark, we have seen average gains of 12.3% over the course of the next year.
The dog days of summer don’t seem to be slowing the markets down.
Frazier Allen: July 2016 Investment Strategy Quarterly Recap
July 9, 2016
Clarksville, TN – Financial market headwinds for the next six to twelve months include political uncertainty in the U.S., a strengthening U.S. dollar, significant uncertainty surrounding Britain’s recent referendum on leaving the European Union (“Brexit”), and earnings growth.
Tailwinds include low oil prices, an improving labor market, and a low interest-rate environment.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of June 12th, 2016
June 12, 2016
Clarksville, TN – Fed Chair Janet Yellen said she was “cautiously optimistic” in her speech on the economy and monetary policy. She expects that further gradual increases in the federal funds target rate will be warranted, but she also stressed a number of near-term uncertainties.
This week, the mid-month economic data releases will be important, especially Tuesday’s retail sales figures, but the focus will be on the Fed.
Frazier Allen
Frazier Allen: Market pullbacks need perspective
January 24, 2016
Clarksville, TN – The first three trading weeks of the year have been marked by volatility in the domestic and global equity markets, garnering the attention of investors and the financial media.
There’s a lot going on with stocks stumbling, bond yields falling and oil prices declining. So, it may be helpful to separate the noise from the underlying fundamentals.
Despite slowdowns in China and Europe, domestic economic growth has held up fairly well, supported by job growth and stronger consumer spending power.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 4th, 2015
October 4, 2015
Clarksville, TN – The economic data were mixed, but consistent with the theme of global softness and domestic strength. Unit auto sales improved further in September – and, combined with the August data on personal income and spending, suggest that inflation-adjusted consumer spending (70% of GDP) is on track to have expanded at an annual pace of 3.5% to 4.0% in 3Q15.
The trade deficit in goods widened sharply in August, with that split evenly between stronger imports (despite lower oil prices) and weaker exports. Net exports and an inventory correction are expected to subtract significantly from 3Q15 GDP growth, but underlying domestic demand appears to have remained strong.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of September 27th, 2015
September 27, 2015
Clarksville, TN – In Janet Yellen’s first public speech after the recent FOMC meeting, the Fed chair downplayed concerns about the rest of the world and placed herself among the majority of Fed officials expecting to raise short-term interest rates by the end of the year. In a scary moment for investors, Yellen struggled to finish her speech.
She repeatedly lost her place, paused for long periods, and looked generally unwell. She received medical treatment. A Fed spokesperson said that she was dehydrated and that she felt fine later. While stock market participants have been worried about Fed tightening, they seemed to have been more encouraged by Yellen’s expressed confidence in the U.S. economy.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of September 20th, 2015
September 20, 2015
Clarksville, TN – The Federal Open Market Committee delayed the start of policy normalization, citing concerns about global economic and financial developments.
The FOMC is not reacting to overseas developments per se, but rather to the implications for the U.S. economy (some restraint on growth, further downward pressure on inflation). In the revised dot plot, there was little agreement about where the federal funds rate would be at the end of 2016 and 2017.
Frazier Allen
