Clarksville Students Take Part in Junior National Young Leaders Conference
July 28, 2014
Middle School Scholars to Walk in the Footsteps of U.S. Leaders
Washington, D.C. – Outstanding middle school students from across the United States took part in an extraordinary leadership development experience, the 2014 Junior National Young Leaders Conference (JrNYLC): Foundations of Leadership I, an Envision program.
The program provides a historical view of leadership and encourages young scholars to develop their own leadership skills and strategies for success in the 21st century.
(L to R) Kurstan Buck and Lexi Koon.
Fallen Montgomery County Sheriff’s deputy David ‘Bubba’ Johnson to be honored with events Saturday, July 19th
July 14, 2014
Montgomery County, TN – Two back-to-back events will be held Saturday in honor of fallen Montgomery County Sheriff’s Office Deputy David “Bubba” Johnson.
First, the Inaugural Bubba Johnson Memorial 5K Road Race begins at 8:30am Saturday, July 19th beginning at The Montgomery County Historic Courthouse, Clarksville, TN. There is also a 1-mile “fun run-walk” that will begin and end at Clarksville First Baptist Church.
Shelby, daughter of Deputy David “Bubba” Johnson, sports one of the shirts for the Inaugural Bubba Johnson Memorial 5K Road Race. Shirts are available for purchase from Top Dawg Stitches and Screens, 601 Kraft Street, Clarksville. 931.920.5640.
Uncle Joe’s Barber Shop raises funds in honor of fallen Montgomery County Sheriff’s deputy
July 9, 2014
Montgomery County, TN – A local barber that Montgomery County Sheriff’s Deputy David “Bubba” Johnson used to frequent and the shop he works with raised $350.00 in his honor during a charity haircut day recently.
Barbers with Uncle Joe’s Barber Shop presented Sheriff John Fuson with the check today, which will be added to funds that will be used for a trip to the National Law Enforcement Memorial Ceremony in Washington, D.C. where Johnson’s name will be added to the memorial.
Sheriff John Fuson is presented with a check from Uncle Joe’s Barber Shop in honor of Deputy David “Bubba” Johnson. Pictured are Fuson, Greg Cooper, Brad Young and Jonathon Uzzle.
F&M Bank Ranked Among Top U.S. Community Banks in Social Media
July 3, 2014
Washington, D.C. – F&M Bank is ranked in a Top 50 List that “highlights the community bank social media trailblazers among the financial industry.” On Monday, the Independent Community Bankers of America® (ICBA) released its second annual Top 50 Community Bank Leaders in Social Media.
The listing is based on fans/followers, engagement, content and frequency of posts. According to an ICBA announcement, “These top community banks provide fresh content, thought leadership, advice and consistent touch points to their brands. Community banks are naturally influential within their communities, which translates easily into social media.”
Sammy Stuard, President & CEO, F&M Bank
CDE Lightband receives National Recognition for Reliable Electric Operations
April 10, 2014
Washington, D.C. – Clarksville Department of Electricity (CDE Lightband) is one of 184 of the nation’s more than 2,000 public power utilities to earn the Reliable Public Power Provider (RP3®) designation from the American Public Power Association for providing consumers with the highest degree of reliable and safe electric service.
(L-R), Brent McKinney, chair of APPA’s RP3 Review Panel, Keith Cutshall, CDE Lightband safety director, John Wallis, CDE Lightband working foreman, and Mike Hyland, APPA senior vice president of engineering and operations.
Stocks up despite U.S. Government Budget Impasse
October 2, 2013
Clarksville, TN – The third quarter of the year proved quite eventful.
The Federal Reserve opted to wait a little longer before beginning to dial back its bond purchases, and a budgetary showdown in D.C. resulted in a partial government shutdown on the same day the private healthcare exchanges mandated by the 2010 Affordable Care Act (ACA) opened.
Political tensions arose over whether to defund or delay major provisions of the ACA.
Frazier Allen
Help Clarksville’s Garrett find a cure for Type 1 Diabetes
August 7, 2013
Clarksville, TN – A few weeks ago my family participated in JDRF Children’s Congress 2013 in Washington, D.C. where we met with our elected officials to ask for their support in finding a cure for Type 1 diabetes. There are some amazing developments focused on both a cure and treatment.
My 5 year old son, Garrett, was diagnosed with Type 1 Diabetes when he was 21 months old. Earlier this year Garrett began using an insulin pump that replaces the need for multiple shots each day. The insulin pump was developed as a direct result of support for JDRF (Juvenile Diabetes Research Foundation) and the technology helps regulate his blood glucose level.
Planters Bank to show Larry Martin’s Colorful Art in July
July 5, 2013
Clarksville, TN – The Planters Bank-Hilldale Gallery will feature the richly-colored paintings of local artist Larry Martin Friday, July 5th – Wednesday, July 31st.
Having a varied career in Accounting, Linguistics, Music and Financial Management, Martin was always interested in art, but only began painting seriously after he retired at age 65 and has been painting for 10 years now.
Larry Martin’s Paintings at Planters Bank Hilldale Gallery in July
APSU biology student Eva Grebe presents research in Washington, D.C.
May 7, 2013
Clarksville, TN – Earlier this spring, a bidding war erupted on the Austin Peay State University campus. Specifically, several different departments were fighting over the honor to pay for biology student Eva Grebe to attend the annual Council on Undergraduate Research’s Posters on the Hill Convention in Washington, D.C.
Only 60 out of 800 applicants nationwide are accepted to attend the convention. Grebe was the only Tennessee college student to be invited.
APSU student Eva Grebe is interviewed about her research during the Council on Undergraduate Research’s Posters on the Hill Convention in Washington, D.C.
Weekly Market Snapshot from Frazier Allen for the week of March 17th, 2013
March 17, 2013
Market Commentary by Scott J. Brown, Ph.D., Chief Economist
The economic data were mixed, but the stock market continued to focus on the good news and ignored the rest. Retail sales rose more than expected in February, but results varied across sectors. Industrial production picked up, following a weak January (results varied by industry).
The inflation reports showed some pressure from higher gasoline, as anticipated, and moderate core inflation. Treasury reported a smaller deficit than a year ago. Initial claims for unemployment benefits continued to trend lower. Consumer sentiment fell in the mid-March assessment, with a sharp decline in expectations (down to a 15-month low).
The Dow Jones Industrials Average continued to new record highs, up 10 sessions in a row. In contrast to the optimism expressed in equities, bond yields have remained relatively low.
Next week, housing figures have some market-moving potential, but February is not a “make or break” month for the sector (weather can have an impact). The March figures will be more important. No surprises are expected from the Fed policy meeting on Wednesday.
Officials have had a public debate about the potential costs and benefits of current policy and the settled view is that the benefits (to the labor market, in particular) outweigh the potential that we may see excessive risk-taking and financial instability. The Fed will release revised projections of growth, unemployment, and inflation. Note that the Fed policy announcements will now be made at 2:00pm. On the last meeting of the quarter, the Fed will also release revised projects at 2:00 p.m. and Bernanke’s press briefings will follow at 2:30pm.
Indices
| Last | Last Week | YTD return % | |
| DJIA | 14539.14 | 14329.49 | 10.95% |
| NASDAQ | 3258.93 | 3232.09 | 7.93% |
| S&P 500 | 1563.23 | 1544.26 | 9.61% |
| MSCI EAFE | 1699.43 | 1682.67 | 5.95% |
| Russell 2000 | 953.07 | 934.57 | 12.21% |
Consumer Money Rates
| Last | 1-year ago | |
| Prime Rate | 3.25 | 3.25 |
| Fed Funds | 0.17 | 0.15 |
| 30-year mortgage | 3.51 | 3.92 |
Currencies
| Last | 1-year ago | |
| Dollars per British Pound | 1.509 | 1.567 |
| Dollars per Euro | 1.301 | 1.302 |
| Japanese Yen per Dollar | 95.880 | 83.630 |
| Canadian Dollars per Dollar | 1.023/td> | 0.993 |
| Mexican Peso per Dollar | 12.465 | 12.700 |
Commodities
| Last | 1-year ago | |
| Crude Oil | 93.03 | 105.43 |
| Gold | 1592.90 | 1636.25 |
Bond Rates
| Last | 1-month ago | |
| 2-year treasury | 0.26 | 0.27 |
| 10-year treasury | 2.00 | 2.03 |
| 10-year municipal (TEY) | 3.31 | 3.07 |
Treasury Yield Curve – 03/15/2013
S&P Sector Performance (YTD) – 03/15/2013
Economic Calendar
| March 18th |
— |
Homebuilder Sentiment (March) |
| March 19th |
— |
Building Permits, Housing Starts (February) |
| March 20th |
— |
FOMC Policy Decision, Bernanke Press Briefing |
| March 21st |
— |
Jobless Claims (week ending March 16th) Philadelphia Fed Index (March) Existing Home Sales (February) Leading Economic Indicators (February) |
| March 26th |
— |
Durable Goods Orders (February) New Home Sales (February) Consumer Confidence (March) |
| March 29th |
— |
Good Friday Holiday (markets closed) Personal Income and Spending (February) |
| April 5th |
— |
Employment Report (March) |
| April 10th |
— |
FOMC Minutes (March 20th) |
Important Disclosures
[320left]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 February 28th, 2013.
©2013 Raymond James Financial Services, Inc. member FINRA / SIPC.
