{"id":21684,"date":"2015-12-02T10:00:48","date_gmt":"2015-12-02T16:00:48","guid":{"rendered":"http:\/\/www.discoverclarksville.com\/articles\/?p=21684"},"modified":"2015-12-02T08:51:15","modified_gmt":"2015-12-02T14:51:15","slug":"clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-december-2nd-2015","status":"publish","type":"post","link":"https:\/\/www.discoverclarksville.com\/articles\/2015\/12\/02\/clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-december-2nd-2015\/","title":{"rendered":"Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 2nd, 2015"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" title=\"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\" alt=\"F&amp;M Investment Services - Raymond James - Clarksville, TN\" width=\"130\" height=\"122\" \/><strong>Clarksville, TN<\/strong> &#8211; Next week, the economic calendar has plenty of fresh figures. The ISM surveys and Friday\u2019s employment report would normally be the highlights (and those reports will be important), but financial market participants will be more interested in what happens Thursday.<\/p>\n<p>The European Central Bank\u2019s Governing Council is expected to expand its asset purchase program, while Fed Chair Janet Yellen with testify before the Joint Economic Committee of Congress. Yellen is likely to provide a clearer signal that the Fed will begin raising short-term interest rates at the December policy meeting.<\/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\" src=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2013\/09\/Frazier-Allen-480x360.jpg\" alt=\"Frazier Allen\" width=\"480\" height=\"360\" \/><\/a><p id=\"caption-attachment-189878\" class=\"wp-caption-text\">Frazier Allen<\/p><\/div>\n<p><!--more--><\/p>\n<div align=\"center\">\n<h3>Indices<\/h3>\n<table style=\"border-collapse: collapse;\" border=\"1\" width=\"480\" cellspacing=\"0\" cellpadding=\"2\">\n<tbody>\n<tr>\n<td bgcolor=\"#DDDDDD\"><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>Last<\/strong><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>Last Week<\/strong><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>YTD return %<\/strong><\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">DJIA<\/td>\n<td align=\"right\">17813.39<\/td>\n<td align=\"right\">17732.75<\/td>\n<td align=\"right\">-0.05%<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">NASDAQ<\/td>\n<td align=\"right\">5116.14<\/td>\n<td align=\"right\">5073.64<\/td>\n<td align=\"right\">8.03%<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">S&amp;P 500<\/td>\n<td align=\"right\">2088.87<\/td>\n<td align=\"right\">2081.24<\/td>\n<td align=\"right\">1.46%<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">MSCI EAFE<\/td>\n<td align=\"right\">1740.07<\/td>\n<td align=\"right\">1757.36<\/td>\n<td align=\"right\">-1.96%<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Russell 2000<\/td>\n<td align=\"right\">1198.02<\/td>\n<td align=\"right\">1166.73<\/td>\n<td align=\"right\">-0.55%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Consumer Money Rates<\/h3>\n<table style=\"border-collapse: collapse;\" border=\"1\" width=\"480\" cellspacing=\"0\" cellpadding=\"2\">\n<tbody>\n<tr>\n<td bgcolor=\"#DDDDDD\"><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>Last<\/strong><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>1 year ago<\/strong><\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Prime Rate<\/td>\n<td align=\"right\">3.25<\/td>\n<td align=\"right\">3.25<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Fed Funds<\/td>\n<td align=\"right\">0.13<\/td>\n<td align=\"right\">0.10<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">30-year mortgage<\/td>\n<td align=\"right\">4.01<\/td>\n<td align=\"right\">3.97<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Currencies<\/h3>\n<table style=\"border-collapse: collapse;\" border=\"1\" width=\"480\" cellspacing=\"0\" cellpadding=\"2\">\n<tbody>\n<tr>\n<td bgcolor=\"#DDDDDD\"><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>Last<\/strong><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>1 year ago<\/strong><\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Dollars per British Pound<\/td>\n<td align=\"right\">1.511<\/td>\n<td align=\"right\">1.578<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Dollars per Euro<\/td>\n<td align=\"right\">1.061<\/td>\n<td align=\"right\">1.251<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Japanese Yen per Dollar<\/td>\n<td align=\"right\">122.580<\/td>\n<td align=\"right\">117.670<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Canadian Dollars per Dollar<\/td>\n<td align=\"right\">1.329<\/td>\n<td align=\"right\">1.124<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Mexican Peso per Dollar<\/td>\n<td align=\"right\">16.549<\/td>\n<td align=\"right\">13.706<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Commodities<\/h3>\n<table style=\"border-collapse: collapse;\" border=\"1\" width=\"480\" cellspacing=\"0\" cellpadding=\"2\">\n<tbody>\n<tr>\n<td bgcolor=\"#DDDDDD\"><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>Last<\/strong><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>1 year ago<\/strong><\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Crude Oil<\/td>\n<td align=\"right\">43.04<\/td>\n<td align=\"right\">73.69<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">Gold<\/td>\n<td align=\"right\">1072.16<\/td>\n<td align=\"right\">1198.40<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Bond Rates<\/h3>\n<table style=\"border-collapse: collapse;\" border=\"1\" width=\"480\" cellspacing=\"0\" cellpadding=\"2\">\n<tbody>\n<tr>\n<td bgcolor=\"#DDDDDD\"><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>Last<\/strong><\/td>\n<td bgcolor=\"#DDDDDD\"><strong>1 month ago<\/strong><\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">2-year treasury<\/td>\n<td align=\"right\">0.93<\/td>\n<td align=\"right\">0.73<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">10-year treasury<\/td>\n<td align=\"right\">2.23<\/td>\n<td align=\"right\">2.15<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\">10-year municipal (TEY)<\/td>\n<td align=\"right\">3.22<\/td>\n<td align=\"right\">3.19<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\">Treasury Yield Curve \u2013 11\/25\/2015<\/h3>\n<p style=\"text-align: center;\">As of close of business 11\/25\/2015<\/p>\n<p style=\"text-align: center;\"><a target=\"_blank\" href=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2015\/12\/Treasury-Yield-Curve-11252015.gif\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-329023\" title=\"Treasury Yield Curve \u2013 11\/25\/2015\" src=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2015\/12\/Treasury-Yield-Curve-11252015.gif\" alt=\"Treasury Yield Curve \u2013 11\/25\/2015\" width=\"467\" height=\"341\" \/><\/a><\/p>\n<h3 style=\"text-align: center;\">Economic Calendar<\/h3>\n<div align=\"center\">\n<table style=\"border-collapse: collapse;\" border=\"1\" width=\"480\" cellspacing=\"0\" cellpadding=\"2\">\n<tbody>\n<tr>\n<td bgcolor=\"#EEEEEE\" width=\"88\"><strong>Nov 30<\/strong><\/td>\n<td width=\"16\">\u2014<\/td>\n<td width=\"360\">Chicago Purchasing Managers Index (November)<br \/>\nPending Home Sales Index (October)<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\"><strong>Dec 1<\/strong><\/td>\n<td>\u2014<\/td>\n<td>ISM Manufacturing Index (November)<br \/>\nMotor Vehicle Sales (November)<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\"><strong>Dec 2<\/strong><\/td>\n<td>\u2014<\/td>\n<td>ADP Payroll Estimate (November)<br \/>\nBank of Canada Policy Decision<br \/>\nFed Beige Book<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\"><strong>Dec 3<\/strong><\/td>\n<td>\u2014<\/td>\n<td>ECB Policy Decision<br \/>\nJobless Claims (week ending November 28)<br \/>\nBank of Canada Policy Decision<br \/>\nYellen Joint Economic Committee Testimony<br \/>\nFactory Orders (October)<br \/>\nISM Non-Manufacturing Index (November)<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\"><strong>Dec 4<\/strong><\/td>\n<td>\u2014<\/td>\n<td>Employment Report (November)<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\"><strong>Dec 11<\/strong><\/td>\n<td>\u2014<\/td>\n<td>Producer Price Index (November)<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\"><strong>Dec 16<\/strong><\/td>\n<td>\u2014<\/td>\n<td>FOMC Policy Decision, Yellen Press Conference<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\"><strong>Jan 27<\/strong><\/td>\n<td>\u2014<\/td>\n<td>FOMC Policy Decision (no press conference)<\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#EEEEEE\"><strong>March 16<\/strong><\/td>\n<td>\u2014<\/td>\n<td>FOMC Policy Decision, Yellen Press Conference<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\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\" src=\"http:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2010\/06\/Raymond-James-logo-200x39.jpg\" alt=\"\" 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 November 26th, 2015.<\/p>\n<h4>\u00a92015 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>.<\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Clarksville, TN &#8211; Next week, the economic calendar has plenty of fresh figures. The ISM surveys and Friday\u2019s employment report would normally be the highlights (and those reports will be important), but financial market participants will be more interested in what happens Thursday. The European Central Bank\u2019s Governing Council is expected to expand its asset [&hellip;]<\/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":[9645,17795,512,825,17194,9789,10712,17193,17892,20168,20163,17895,17796,27259,17893,17791,9791,3065,17792,9790,9788,9787,18321,9638,25861,8752,3068,26482],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4xGYI-5DK","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/21684"}],"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=21684"}],"version-history":[{"count":1,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/21684\/revisions"}],"predecessor-version":[{"id":21685,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/21684\/revisions\/21685"}],"wp:attachment":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/media?parent=21684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/categories?post=21684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/tags?post=21684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}