{"id":17988,"date":"2014-05-25T12:00:40","date_gmt":"2014-05-25T17:00:40","guid":{"rendered":"http:\/\/www.discoverclarksville.com\/articles\/?p=17988"},"modified":"2014-05-25T02:22:39","modified_gmt":"2014-05-25T07:22:39","slug":"clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-may-25th-2014","status":"publish","type":"post","link":"https:\/\/www.discoverclarksville.com\/articles\/2014\/05\/25\/clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-may-25th-2014\/","title":{"rendered":"Clarksville Weekly Market Snapshot from Frazier Allen for the week of May 25th, 2014"},"content":{"rendered":"

\"F&MClarksville, TN<\/strong> – Next week, the report on durable goods orders should reflect a decrease in aircraft orders and may be a little soft otherwise (possibly reflecting an impact from the late Easter holiday this year).<\/p>\n

The estimate of GDP growth for the first quarter is likely to be revised lower, but the story shouldn\u2019t change much (most economists are expected a strong rebound in 2Q14 GDP growth).<\/p>\n

\"Frazier<\/a>

Frazier Allen<\/p><\/div>\n

<\/p>\n

Indices<\/h3>\n\n\n\n\n\n\n\n\n
<\/td>\nLast<\/strong><\/td>\nLast Week<\/strong><\/td>\nYTD return %<\/strong><\/td>\n<\/tr>\n
DJIA<\/td>\n16543.08<\/td>\n16446.81<\/td>\n-0.20%<\/td>\n<\/tr>\n
NASDAQ<\/td>\n4154.34<\/td>\n4069.29<\/td>\n-0.53%<\/td>\n<\/tr>\n
S&P 500<\/td>\n1892.49<\/td>\n1870.85<\/td>\n2.39%<\/td>\n<\/tr>\n
MSCI EAFE<\/td>\n1934.60<\/td>\n1937.72<\/td>\n0.99%<\/td>\n<\/tr>\n
Russell 2000<\/td>\n1113.87<\/td>\n1095.99<\/td>\n-4.28%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Consumer Money Rates<\/strong><\/p>\n\n\n\n\n\n\n
<\/td>\nLast<\/strong><\/td>\n1-year ago<\/strong><\/td>\n<\/tr>\n
Prime Rate<\/td>\n3.25<\/td>\n3.25<\/td>\n<\/tr>\n
Fed Funds<\/td>\n0.08<\/td>\n0.09<\/td>\n<\/tr>\n
30-year mortgage<\/td>\n4.14<\/td>\n3.59<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Currencies<\/strong><\/p>\n\n\n\n\n\n\n\n\n
<\/td>\nLast<\/strong><\/td>\n1-year ago<\/strong><\/td>\n<\/tr>\n
Dollars per British Pound<\/td>\n1.687<\/td>\n1.509<\/td>\n<\/tr>\n
Dollars per Euro<\/td>\n1.368<\/td>\n1.293<\/td>\n<\/tr>\n
Japanese Yen per Dollar<\/td>\n101.560<\/td>\n102.930<\/td>\n<\/tr>\n
Canadian Dollars per Dollar<\/td>\n1.091<\/td>\n1.031<\/td>\n<\/tr>\n
Mexican Peso per Dollar<\/td>\n12.927<\/td>\n12.333<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Commodities<\/strong><\/p>\n\n\n\n\n\n
<\/td>\nLast<\/strong><\/td>\n1-year ago<\/strong><\/td>\n<\/tr>\n
Crude Oil<\/td>\n104.12<\/td>\n94.03<\/td>\n<\/tr>\n
Gold<\/td>\n1296.53<\/td>\n1387.09<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Bond Rates<\/strong><\/p>\n\n\n\n\n\n\n
<\/td>\nLast<\/strong><\/td>\n1-month ago<\/strong><\/td>\n<\/tr>\n
2-year treasury<\/td>\n0.33<\/td>\n0.43<\/td>\n<\/tr>\n
10-year treasury<\/td>\n2.53<\/td>\n2.67<\/td>\n<\/tr>\n
10-year municipal (TEY)<\/td>\n3.74<\/td>\n4.30<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Treasury Yield Curve \u2013 5\/23\/2014<\/h3>\n

\"Treasury<\/a><\/p>\n

S&P Sector Performance (YTD) \u2013 5\/23\/2014<\/h3>\n

\"S&P<\/a><\/p>\n

Economic Calendar<\/h3>\n\n\n\n\n\n\n\n\n\n
May 26th<\/strong><\/td>\n\u2014<\/td>\nMemorial Day Holiday (markets closed)<\/td>\n<\/tr>\n
May 27th<\/strong><\/td>\n\u2014<\/td>\nDurable Goods Orders (April)
\nCase-Shiller Home Price Index (March)
\nConsumer Confidence (May)<\/td>\n<\/tr>\n
May 29th<\/strong><\/td>\n\u2014<\/td>\nReal GDP (1Q14, 2nd estimate)
\nPending Home Sales Index (April)<\/td>\n<\/tr>\n
May 30th<\/strong><\/td>\n\u2014<\/td>\nPersonal Income and Spending (April)
\nChicago PM Index (May)<\/td>\n<\/tr>\n
June 2nd<\/strong><\/td>\n\u2014<\/td>\nISM Manufacturing Index (May)<\/td>\n<\/tr>\n
June 4th<\/strong><\/td>\n\u2014<\/td>\nISM Non-Manufacturing Index (May)
\nFed Beige Book<\/td>\n<\/tr>\n
June 6th<\/strong><\/td>\n\u2014<\/td>\nEmployment Report (May)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Important Disclosures<\/h3>\n

[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

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

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

Tax Equiv Muni yields (TEY) assume a 35% tax rate on triple-A rated, tax-exempt insured revenue bonds.<\/p>\n

\"\"<\/a>Material prepared by Raymond James for use by its financial advisors.<\/p>\n

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 May 22nd, 2014.<\/p>\n

\u00a92014 Raymond James Financial Services, Inc. member FINRA<\/a> \/ SIPC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Clarksville, TN – Next week, the report on durable goods orders should reflect a decrease in aircraft orders and may be a little soft otherwise (possibly reflecting an impact from the late Easter holiday this year). The estimate of GDP growth for the first quarter is likely to be revised lower, but the story shouldn\u2019t […]<\/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":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[3],"tags":[17795,512,825,17894,17194,10712,17193,17892,20163,17895,21195,17796,17893,22754,17791,9791,3065,17792,9790,18321,3068],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4xGYI-4G8","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/17988"}],"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=17988"}],"version-history":[{"count":1,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/17988\/revisions"}],"predecessor-version":[{"id":17989,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/17988\/revisions\/17989"}],"wp:attachment":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/media?parent=17988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/categories?post=17988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/tags?post=17988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}