{"id":25875,"date":"2018-05-29T18:28:00","date_gmt":"2018-05-29T23:28:00","guid":{"rendered":"http:\/\/www.discoverclarksville.com\/articles\/?p=25875"},"modified":"2018-05-29T18:28:00","modified_gmt":"2018-05-29T23:28:00","slug":"clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-may-29th-2017","status":"publish","type":"post","link":"https:\/\/www.discoverclarksville.com\/articles\/2018\/05\/29\/clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-may-29th-2017\/","title":{"rendered":"Clarksville Weekly Market Snapshot from Frazier Allen for the week of May 29th, 2017"},"content":{"rendered":"

\"F&MClarksville, TN<\/strong> – Next week, a number of important economic data reports will arrive, but the focus is expected to be on the May employment figures. Recent labor market data suggest that the tight job market has grown tighter still.<\/p>\n

Over the next several months, the pace of job growth is expected to be restrained by a lack of qualified workers. The unemployment rate is likely to remain low (it was 3.9% in April).<\/p>\n

\"Frazier<\/a>

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

<\/p>\n

Average hourly earnings figures tend to be quirky \u2013 monthly changes are choppy and often revised the next month \u2013 but the trend has remained moderate.<\/p>\n

Other data reports (the Conference Board\u2019s Consumer Confidence Index, the 1Q18 GDP revision, the core PCE Price Index) have some market-moving potential.<\/p>\n

\n

Indices<\/h3>\n\n\n\n\n\n\n\n\n
 <\/strong><\/td>\nLast<\/strong><\/td>\nLast Week<\/strong><\/td>\nYTD return %<\/strong><\/td>\n<\/tr>\n
DJIA<\/td>\n24811.76<\/td>\n24713.98<\/td>\n0.37%<\/td>\n<\/tr>\n
NASDAQ<\/td>\n7424.43<\/td>\n7382.47<\/td>\n7.55%<\/td>\n<\/tr>\n
S&P 500<\/td>\n2727.76<\/td>\n2720.13<\/td>\n2.03%<\/td>\n<\/tr>\n
MSCI EAFE<\/td>\n2023.03<\/td>\n2050.45<\/td>\n-1.35%<\/td>\n<\/tr>\n
Russell 2000<\/td>\n1628.22<\/td>\n1625.29<\/td>\n6.04%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Consumer Money Rates<\/h3>\n\n\n\n\n\n\n
 <\/strong><\/td>\nLast<\/strong><\/td>\n1 year ago<\/strong><\/td>\n<\/tr>\n
Prime Rate<\/td>\n4.75<\/td>\n4.00<\/td>\n<\/tr>\n
Fed Funds<\/td>\n1.69<\/td>\n0.91<\/td>\n<\/tr>\n
30-year mortgage<\/td>\n4.67<\/td>\n4.03<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Currencies<\/h3>\n\n\n\n\n\n\n\n\n
 <\/strong><\/td>\nLast<\/strong><\/td>\n1 year ago<\/strong><\/td>\n<\/tr>\n
Dollars per British Pound<\/td>\n1.338<\/td>\n1.294<\/td>\n<\/tr>\n
Dollars per Euro<\/td>\n1.172<\/td>\n1.121<\/td>\n<\/tr>\n
Japanese Yen per Dollar<\/td>\n109.26<\/td>\n111.84<\/td>\n<\/tr>\n
Canadian Dollars per Dollar<\/td>\n1.288<\/td>\n1.345<\/td>\n<\/tr>\n
Mexican Peso per Dollar<\/td>\n19.574<\/td>\n18.503<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Commodities<\/h3>\n\n\n\n\n\n
 <\/strong><\/td>\nLast<\/strong><\/td>\n1 year ago<\/strong><\/td>\n<\/tr>\n
Crude Oil<\/td>\n70.71<\/td>\n48.90<\/td>\n<\/tr>\n
Gold<\/td>\n1309.80<\/td>\n1259.80<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Bond Rates<\/h3>\n\n\n\n\n\n\n
 <\/strong><\/td>\nLast<\/strong><\/td>\n1 month ago<\/strong><\/td>\n<\/tr>\n
2-year treasury<\/td>\n2.52<\/td>\n2.48<\/td>\n<\/tr>\n
10-year treasury<\/td>\n2.99<\/td>\n2.97<\/td>\n<\/tr>\n
10-year municipal (TEY)<\/td>\n3.86<\/td>\n3.94<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Treasury Yield Curve \u2013 05\/25\/2018<\/h3>\n

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

As of close of business 05\/24\/2018<\/p>\n

S&P Sector Performance (YTD) \u2013 05\/25\/2018<\/h3>\n

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

As of close of business 05\/24\/2018<\/p>\n

Economic Calendar<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
May 28<\/strong><\/td>\n \u2014 <\/td>\nMemorial Day Holiday (Markets closed)<\/td>\n<\/tr>\n
May 29<\/strong><\/td>\n \u2014 <\/td>\nCB Consumer Confidence (May)<\/td>\n<\/tr>\n
May 30<\/strong><\/td>\n \u2014 <\/td>\nADP Payroll Estimate (May)<\/td>\n<\/tr>\n
 <\/td>\n \u2014 <\/td>\nReal GDP (1Q18, 2nd estimate)<\/td>\n<\/tr>\n
 <\/td>\n \u2014 <\/td>\nFed Beige Book<\/td>\n<\/tr>\n
May 31<\/strong><\/td>\n \u2014 <\/td>\nJobless Claims (week ending May 26)<\/td>\n<\/tr>\n
 <\/td>\n \u2014 <\/td>\nPersonal Income and Spending (April)<\/td>\n<\/tr>\n
 <\/td>\n \u2014 <\/td>\nChicago Business Barometer (May)<\/td>\n<\/tr>\n
June 1<\/strong><\/td>\n \u2014 <\/td>\nEmployment Report (May)<\/td>\n<\/tr>\n
 <\/td>\n \u2014 <\/td>\nISM Manufacturing Index (May)<\/td>\n<\/tr>\n
June 5<\/strong><\/td>\n \u2014 <\/td>\nISM Non-Manufacturing Index (May)<\/td>\n<\/tr>\n
June 12<\/strong><\/td>\n \u2014 <\/td>\nConsumer Price Index (May)<\/td>\n<\/tr>\n
June 13<\/strong><\/td>\n \u2014 <\/td>\nFOMC Policy Decision (Powell press conference)<\/td>\n<\/tr>\n
June 14<\/strong><\/td>\n \u2014 <\/td>\nRetail Sales (May)<\/td>\n<\/tr>\n
June 13<\/strong><\/td>\n \u2014 <\/td>\nFOMC Policy Decision (Powell 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 May 24th, 2018.<\/p>\n

\u00a92018 Raymond James Financial Services, Inc. member FINRA<\/a> \/ SIPC<\/a>.<\/h4>\n","protected":false},"excerpt":{"rendered":"

Clarksville, TN – Next week, a number of important economic data reports will arrive, but the focus is expected to be on the May employment figures. Recent labor market data suggest that the tight job market has grown tighter still. Over the next several months, the pace of job growth is expected to be restrained […]<\/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":[9645,17795,512,825,17194,9789,10712,17193,20168,17895,17796,17893,17791,9791,3065,17792,9790,9788,9787,6348,18321,9638,25861,19921,3068,26482],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4xGYI-6Jl","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/25875"}],"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=25875"}],"version-history":[{"count":1,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/25875\/revisions"}],"predecessor-version":[{"id":25876,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/posts\/25875\/revisions\/25876"}],"wp:attachment":[{"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/media?parent=25875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/categories?post=25875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.discoverclarksville.com\/articles\/wp-json\/wp\/v2\/tags?post=25875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}