{"id":17041,"date":"2013-12-30T12:00:35","date_gmt":"2013-12-30T18:00:35","guid":{"rendered":"http:\/\/www.discoverclarksville.com\/articles\/?p=17041"},"modified":"2013-12-30T06:55:39","modified_gmt":"2013-12-30T12:55:39","slug":"clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-december-30th-2013","status":"publish","type":"post","link":"https:\/\/www.discoverclarksville.com\/articles\/2013\/12\/30\/clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-december-30th-2013\/","title":{"rendered":"Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 30th, 2013"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" title=\"F&amp;M Investment Services - Raymond James - Clarksville, TN\" alt=\"F&amp;M Investment Services - Raymond James - Clarksville, TN\" src=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2012\/03\/FM-Investment-Services-Raymond-James.gif\" width=\"130\" height=\"122\" \/><strong>Clarksville, TN<\/strong> &#8211; Next week, the ISM Manufacturing Index is expected to be the highlight, although the December figures can be exaggerated by the seasonal adjustment.<\/p>\n<p>Market participants are likely to look ahead to the Employment Report.<\/p>\n<div id=\"attachment_189878\" style=\"width: 490px\" class=\"wp-caption aligncenter\"><a target=\"_blank\" href=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2013\/09\/Frazier-Allen.jpg\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-189878\" class=\"size-medium wp-image-189878\" title=\"Frazier Allen\" alt=\"Frazier Allen\" src=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2013\/09\/Frazier-Allen-480x360.jpg\" width=\"480\" height=\"360\" \/><\/a><p id=\"caption-attachment-189878\" class=\"wp-caption-text\">Frazier Allen<\/p><\/div>\n<p><!--more--><\/p>\n<h3>Indices<\/h3>\n<table width=\"472\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><\/td>\n<td><b>Last<\/b><\/td>\n<td><b>Last Week<\/b><\/td>\n<td><b>YTD return %<\/b><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">DJIA<\/td>\n<td valign=\"top\">16479.88<\/td>\n<td valign=\"top\">16179.08<\/td>\n<td valign=\"top\">25.76%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">NASDAQ<\/td>\n<td valign=\"top\">4167.18<\/td>\n<td valign=\"top\">4058.135<\/td>\n<td valign=\"top\">38.01%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">S&amp;P 500<\/td>\n<td valign=\"top\">1842.02<\/td>\n<td valign=\"top\">1809.6<\/td>\n<td valign=\"top\">29.16%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">MSCI EAFE<\/td>\n<td valign=\"top\">1885.14<\/td>\n<td valign=\"top\">1855.14<\/td>\n<td valign=\"top\">17.53%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Russell 2000<\/td>\n<td valign=\"top\">1162.65<\/td>\n<td valign=\"top\">1125.45<\/td>\n<td valign=\"top\">36.89%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Consumer Money Rates<\/h3>\n<table width=\"472\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><\/td>\n<td><b>Last<\/b><\/td>\n<td><b>1-year ago<\/b><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Prime Rate<\/td>\n<td valign=\"top\">3.25<\/td>\n<td valign=\"top\">3.25<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Fed Funds<\/td>\n<td valign=\"top\">0.08<\/td>\n<td valign=\"top\">0.18<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">30-year mortgage<\/td>\n<td valign=\"top\">4.59<\/td>\n<td valign=\"top\">3.37<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Currencies<\/h3>\n<table width=\"472\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><\/td>\n<td><b>Last<\/b><\/td>\n<td><b>1-year ago<\/b><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Dollars per British Pound<\/td>\n<td valign=\"top\">1.641<\/td>\n<td valign=\"top\">1.612<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Dollars per Euro<\/td>\n<td valign=\"top\">1.369<\/td>\n<td valign=\"top\">1.322<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Japanese Yen per Dollar<\/td>\n<td valign=\"top\">104.710<\/td>\n<td valign=\"top\">85.560<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Canadian Dollars per Dollar<\/td>\n<td valign=\"top\">1.065<\/td>\n<td valign=\"top\">0.995<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Mexican Peso per Dollar<\/td>\n<td valign=\"top\">13.054<\/td>\n<td valign=\"top\">13.028<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Commodities<\/h3>\n<table width=\"472\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><\/td>\n<td><b>Last<\/b><\/td>\n<td><b>1-year ago<\/b><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Crude Oil<\/td>\n<td valign=\"top\">99.55<\/td>\n<td valign=\"top\">90.98<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Gold<\/td>\n<td valign=\"top\">1211.60<\/td>\n<td valign=\"top\">1660.85<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Bond Rates<\/h3>\n<table width=\"472\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><\/td>\n<td><b>Last<\/b><\/td>\n<td><b>1-month ago<\/b><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">2-year treasury<\/td>\n<td valign=\"top\">0.40<\/td>\n<td valign=\"top\">0.28<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">10-year treasury<\/td>\n<td valign=\"top\">3.00<\/td>\n<td valign=\"top\">2.75<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">10-year municipal (TEY)<\/td>\n<td valign=\"top\">4.25<\/td>\n<td valign=\"top\">4.34<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Treasury Yield Curve \u2013 12\/27\/2013<b> <\/b><\/h3>\n<h3><a target=\"_blank\" href=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2013\/12\/treasury-curve-122713.gif\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-201325\" title=\"Treasury Yield Curve \u2013 12\/27\/2013\" alt=\"Treasury Yield Curve \u2013 12\/27\/2013\" src=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2013\/12\/treasury-curve-122713.gif\" width=\"467\" height=\"341\" \/><\/a>S&amp;P Sector Performance (YTD) \u2013 12\/27\/2013<b> <\/b><\/h3>\n<p><a target=\"_blank\" href=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2013\/12\/sp-sector-performance122713.gif\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-201326\" title=\"S&amp;P Sector Performance (YTD) \u2013 12\/27\/2013\" alt=\"S&amp;P Sector Performance (YTD) \u2013 12\/27\/2013\" src=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2013\/12\/sp-sector-performance122713.gif\" width=\"450\" height=\"296\" \/><\/a><\/p>\n<p><b>Economic Calendar<\/b><\/p>\n<table width=\"472\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\"><b>December 30th<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">Pending Home Sales Index (November)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><b>December 31st<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">Chicago Purchasing Managers Index (December)<br \/>\nConsumer Confidence (December)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><b>January 1st<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">New Year\u2019s Day (markets closed)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><b>January 2nd<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">Jobless Claims (week ending December 28th)<br \/>\nISM Manufacturing Index (December)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><b>January 3rd<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">Motor Vehicle Sales (December)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><b>January 6th<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">ISM Non-Manufacturing Index (December)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><b>January 8th<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">ADP Payroll Estimate (December)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><b>January 10th<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">Employment Report (December)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><b>January 20th<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">MLK, Jr. Holiday (markets closed)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><b>January 29th<\/b><\/td>\n<td valign=\"top\">\n<p align=\"center\">\u2014<\/p>\n<\/td>\n<td valign=\"top\">FOMC Policy Decision, no press briefing<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Important Disclosures<\/h3>\n<p>[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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>Tax Equiv Muni yields (TEY) assume a 35% tax rate on triple-A rated, tax-exempt insured revenue bonds.<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2010\/06\/Raymond-James-logo.jpg\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-thumbnail wp-image-37468\" title=\"Raymond James logo\" alt=\"\" src=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2010\/06\/Raymond-James-logo-200x39.jpg\" width=\"200\" height=\"39\" \/><\/a>Material prepared by Raymond James for use by its financial advisors.<\/p>\n<p>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 December 26th, 2013.<\/p>\n<p>\u00a92013 Raymond James Financial Services, Inc. member <a href=\"http:\/\/www.finra.org\/\"  target=\"_blank\">FINRA<\/a> \/ <a href=\"http:\/\/www.sipc.org\/\"  target=\"_blank\">SIPC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clarksville, TN &#8211; Next week, the ISM Manufacturing Index is expected to be the highlight, although the December figures can be exaggerated by the seasonal adjustment. Market participants are likely to look ahead to the Employment Report.<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[3],"tags":[17795,825,17894,17194,3694,10712,17193,17892,3695,10709,18700,20163,17895,17790,20169,21195,17796,17893,17791,9791,3065,17792,9790,18321,3068],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4xGYI-4qR","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/17041"}],"collection":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/comments?post=17041"}],"version-history":[{"count":1,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/17041\/revisions"}],"predecessor-version":[{"id":17042,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/17041\/revisions\/17042"}],"wp:attachment":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/media?parent=17041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/categories?post=17041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/tags?post=17041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}