{"id":18377,"date":"2014-07-15T14:00:19","date_gmt":"2014-07-15T19:00:19","guid":{"rendered":"http:\/\/www.discoverclarksville.com\/articles\/?p=18377"},"modified":"2014-07-15T00:23:41","modified_gmt":"2014-07-15T05:23:41","slug":"clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-july-15th-2014","status":"publish","type":"post","link":"https:\/\/www.discoverclarksville.com\/articles\/2014\/07\/15\/clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-july-15th-2014\/","title":{"rendered":"Clarksville Weekly Market Snapshot from Frazier Allen for the week of July 15th, 2014"},"content":{"rendered":"

\"F&MClarksville, TN<\/strong> – Next week, the economic calendar picks back up. Retail sales are likely to be the highlight, boosted by stronger vehicle sales in June. Ex-autos, sales results for April and May were disappointing \u2013 so we\u2019ll be on the lookout for a rebound (or possibly some revision to the previous figures).<\/p>\n

Industrial production data and residential construction figures have some potential to move the markets \u2013 they should point to stronger growth in 2Q14.<\/p>\n

\"Frazier<\/a>

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

<\/p>\n

\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>\n16915.07<\/td>\n16976.24<\/td>\n2.04%<\/td>\n<\/tr>\n
NASDAQ<\/td>\n4396.20<\/td>\n4457.73<\/td>\n5.26%<\/td>\n<\/tr>\n
S&P 500<\/td>\n1964.68<\/td>\n1974.62<\/td>\n6.29%<\/td>\n<\/tr>\n
MSCI EAFE<\/td>\n1943.87<\/td>\n1990.23<\/td>\n1.48%<\/td>\n<\/tr>\n
Russell 2000<\/td>\n1161.86<\/td>\n1199.50<\/td>\n-0.15%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Consumer Money Rates<\/h3>\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>\n0.09<\/td>\n0.10<\/td>\n<\/tr>\n
30-year mortgage<\/td>\n4.15<\/td>\n4.51<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Currencies<\/h3>\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>\n1.711<\/td>\n1.490<\/td>\n<\/tr>\n
Dollars per Euro<\/td>\n1.361<\/td>\n1.282<\/td>\n<\/tr>\n
Japanese Yen per Dollar<\/td>\n101.320<\/td>\n100.080<\/td>\n<\/tr>\n
Canadian Dollars per Dollar<\/td>\n1.066<\/td>\n1.051<\/td>\n<\/tr>\n
Mexican Peso per Dollar<\/td>\n13.016<\/td>\n12.897<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Commodities<\/h3>\n\n\n\n\n\n
<\/td>\nLast<\/strong><\/td>\n1-year ago<\/strong><\/td>\n<\/tr>\n
Crude Oil<\/td>\n102.93<\/td>\n106.52<\/td>\n<\/tr>\n
Gold<\/td>\n1342.94<\/td>\n1255.37<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Bond Rates<\/h3>\n\n\n\n\n\n\n
<\/td>\nLast<\/strong><\/td>\n1-month ago<\/strong><\/td>\n<\/tr>\n
2-year treasury<\/td>\n0.44<\/td>\n0.36<\/td>\n<\/tr>\n
10-year treasury<\/td>\n2.52<\/td>\n2.62<\/td>\n<\/tr>\n
10-year municipal (TEY)<\/td>\n3.59<\/td>\n3.79<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Treasury Yield Curve \u2013 7\/11\/2014<\/h3>\n

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

S&P Sector Performance (YTD) \u2013 7\/11\/2014<\/h3>\n

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

Economic Calendar<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n
July 15th<\/strong><\/td>\n\u2014<\/td>\nRetail Sales (June)
\nEmpire State Manufacturing Index (July)
\nBusiness Inventories (May)<\/td>\n<\/tr>\n
July 16th<\/strong><\/td>\n\u2014<\/td>\nProducer Price Index (June)
\nIndustrial Production (June)
\nFed Beige Book<\/td>\n<\/tr>\n
July 17th<\/strong><\/td>\n\u2014<\/td>\nJobless Claims (week ending July 12th)
\nBuilding Permits, Housing Starts (June)<\/td>\n<\/tr>\n
July 18th<\/strong><\/td>\n\u2014<\/td>\nConsumer Sentiment (mid-July)
\nLeading Economic Indicators (June)<\/td>\n<\/tr>\n
July 22nd<\/strong><\/td>\n\u2014<\/td>\nConsumer Price Index (June)
\nExisting Home Sales (June)<\/td>\n<\/tr>\n
July 24th<\/strong><\/td>\n\u2014<\/td>\nNew Home Sales (June)<\/td>\n<\/tr>\n
Mid-July (tbd)<\/strong><\/td>\n\u2014<\/td>\nYellen Monetary Policy Testimony<\/td>\n<\/tr>\n
July 30th<\/strong><\/td>\n\u2014<\/td>\nReal GDP (2Q14 advance and benchmark revisions)
\nFOMC Policy Decision, (no press conference)<\/td>\n<\/tr>\n
August 1st<\/strong><\/td>\n\u2014<\/td>\nEmployment Report (July)<\/td>\n<\/tr>\n
September 17th<\/strong><\/td>\n\u2014<\/td>\nFOMC Policy Decision, Yellen Press Conference<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\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 July 10th, 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 economic calendar picks back up. Retail sales are likely to be the highlight, boosted by stronger vehicle sales in June. Ex-autos, sales results for April and May were disappointing \u2013 so we\u2019ll be on the lookout for a rebound (or possibly some revision to the previous figures). Industrial production […]<\/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":[17795,512,825,17894,17194,3694,10712,17193,20163,17895,1240,21195,17796,17893,22754,17791,9791,23177,23178,3065,17789,17792,9790,18321,19921,3068],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4xGYI-4Mp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/18377"}],"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=18377"}],"version-history":[{"count":1,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/18377\/revisions"}],"predecessor-version":[{"id":18378,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/18377\/revisions\/18378"}],"wp:attachment":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/media?parent=18377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/categories?post=18377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/tags?post=18377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}