Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 7th, 2014
December 7, 2014
Clarksville, TN – In recent weeks, the U.S. stock market has reacted negatively to bad economic news out of Japan, China, and the euro area and positively to efforts by the corresponding central banks to spur growth. The European Central Bank did not make that extra effort on Thursday.
After strong hints that quantitative easing is on the way, the ECB’s Governing Council disappointed by failing to launch QE. ECB President Draghi indicated that further extraordinary measures could be employed “if needed.” The ECB staff and euro systems have stepped up technical preparations for QE, but Draghi seemed to suggest that there is no haste toward QE.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 25th, 2014
November 25, 2014
Clarksville, TN – There are a few key financial market themes of the last several weeks. While the outlooks for the domestic economy and Federal Reserve policy are important, U.S. investors are sensitive to developments in the rest of the world.
Basically, poor economic news from the euro area, China, or Japan is a negative for U.S. equities, while any efforts by foreign central banks to address weakness are seen as a positive.
Japan posted a second quarterly decline in real GDP. Manufacturing gauges for the euro area and China were weak. The Bank of Japan extended its quantitative easing at the end of October.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 16th, 2014
November 16, 2014
Clarksville, TN – The economic calendar was thin. The report on retail sales, the only significant release during the week, was a little better than expected, restrained by the decline in gasoline prices. Note that lower gasoline prices should provide some support for consumer spending in the important holiday shopping season.
However, that support is likely to merely offset the impact of sluggish wage growth (leading to “okay” holiday sales). The impact of lower gasoline prices on consumer spending depends on how low gasoline prices go and how long they stay low, but usually arrives with a lag.
Frazier Allen
Wyatt-Johnson Celebrates 20th Anniversary as Hyundai Dealer as the Brand sets All-Time Record
April 21, 2011
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.
