December 13, 2015
Clarksville, TN – The economic calendar was thin. The headline retail sales figures for November were not far from expectations, but core sales (which exclude autos, building materials and gasoline) were up 0.6% (stronger than anticipated). The Producer Price Index continued to reflect disinflation pressure, with falling prices within the pipeline.
Commodity prices fell further, led by a drop in oil (now below the critical $40.00 level). Anxieties about the decline in commodity prices fed through to the stock market, which fell broadly during the week and cast some doubt about the Fed’s ability to raise rates next week (still likely, but increased financial instability could lead to a delay).
December 2, 2015
Clarksville, TN – Next week, the economic calendar has plenty of fresh figures. The ISM surveys and Friday’s 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’s 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.
November 22, 2015
Take the time to create a space that’s just right for you now and in the future
Clarksville, TN – It seems many Americans agree with Dorothy Gale of Kansas: There really is no place like home. We spend years, decades even, creating a space that reflects our families, our lives, our personalities and our comforts. So it is little wonder that home is where the heart is and where we hope to live out the rest of our days.
If you’re among the many who prefer to live at home as long as possible, you’ll want to do what you can to make sure it fits your needs today and for many tomorrows to come.
December 2, 2014
Clarksville, TN – This week, the economic calendar picks up with fresh November figures. The focus is expected to be on the Employment Report, although the European Central Bank’s policy decision may be more critical.
ECB President Mario Draghi has repeatedly signaled that QE is on its way. Will the ECB pull the trigger this week? Seems likely (but if not, then in January).
Nonfarm payrolls were likely to have risen at a moderately strong pace, but seasonal adjustment could distort the figures (so take with a grain of salt).
November 12, 2014
Clarksville, TN – As was widely anticipated, Republicans picked up enough seats in the mid-term elections to control the Senate. Voter turnout was low, especially among young people and Hispanics.
Some are hopeful for a new spirit of bipartisanship, which happens after every mid-term election. Others are expecting the Republicans to accomplish things, such as tax reform and immigration reform.
October 4, 2014
Clarksville, TN – September reinforced its reputation as one of the worst months for stocks. The S&P 500, for example, dropped 1.5%. Thankfully, the declines over the past two weeks weren’t enough to entirely erase the gains we have seen over the past quarter.
In fact, the broad-market index, which reached a record high on September 18th, just managed to post its seventh straight quarterly gain.
July 8, 2014
Clarksville, TN – The June Employment Report was stronger than expected. Nonfarm payrolls rose by 288,000 (median forecast: +215,000), with widespread gains across sectors (April and May were revised a net 29,000 higher).
The unemployment fell to 6.1% (from 6.3%), although the employment/population ratio edged up only slightly (to 59.0%, vs. 58.9% in May and 58.7% a year ago – still suggesting plenty of slack in the labor market). Average hourly earnings rose 0.2% in June, up 2.0% y/y (the CPI rose 2.1% over the 12 months ending in May).
April 4, 2014
Clarksville, TN – March marked the fifth anniversary of the stock market’s bull run, since the bottom in the S&P 500 back in 2009. The most recent quarter was more lackluster, as U.S. stock indices were somewhat flat.
The equity markets showed some resilience during the last week of the month after Federal Reserve Chair Janet Yellen signaled that “considerable slack” in a “tough” labor market means the central bank will continue its monetary support of the economy for some time.
March 9, 2014
Clarksville, TN – There was plenty of fresh economic data, but most of it was distorted by the weather (which can have different effects depending on which areas of the country get hit).
Nonfarm payrolls rose by 175,000 in the initial estimate for February (median forecast: +150,000, although market participants were likely braced for about +130,000). Figures for December and January were revised a net 25,000 higher.
Spencer Coleman, Owner of Coleman Tractor Company in Paris Tennessee, Elected to Serve as Vice President on Kubota’s 2013 National Dealer Advisory Board
November 18, 2013
Torrance, CA – Spencer Coleman of Coleman Tractor Company, with dealerships in Paris and Clarksville Tennessee, has been elected to represent the Southeast Division and serve on the 2013 National Dealer Advisory Board for Kubota Tractor Corporation.
Comprised of eight members representing all regions of the U.S., this Board is a critical link in the dealer-manufacturer relationship with Kubota.