{"id":13355,"date":"2017-12-31T12:00:46","date_gmt":"2017-12-31T18:00:46","guid":{"rendered":"http:\/\/www.paristn.net\/articles\/?p=13355"},"modified":"2017-12-31T01:07:09","modified_gmt":"2017-12-31T07:07:09","slug":"clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-december-31st-2017","status":"publish","type":"post","link":"https:\/\/www.paristn.net\/articles\/2017\/12\/31\/clarksville-weekly-market-snapshot-from-frazier-allen-for-the-week-of-december-31st-2017\/","title":{"rendered":"Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 31st, 2017"},"content":{"rendered":"

\"F&MClarksville, TN<\/strong> – Next week, the ISM surveys have some market-moving potential and we should receive anecdotal information on the strength of holiday sales, but the focus is expected to be on the employment figures.<\/p>\n

Seasonal adjustment is a bit quirky in December and can easily magnify the normal statistical noise in the job market figures (as a reminder, the monthly change in nonfarm payrolls is reported accurate to \u00b1120,000 and the unemployment rate is reported accurate to \u00b10.2%). Market participants are likely to focus on average hourly earnings, which can be noisy.<\/p>\n

\"Frazier<\/a>

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

<\/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>\n24837.51<\/td>\n24778.26<\/td>\n25.68%<\/td>\n<\/tr>\n
NASDAQ<\/td>\n6950.16<\/td>\n6965.36<\/td>\n29.11%<\/td>\n<\/tr>\n
S&P 500<\/td>\n2687.54<\/td>\n2684.57<\/td>\n20.04%<\/td>\n<\/tr>\n
MSCI EAFE<\/td>\n2043.31<\/td>\n2033.66<\/td>\n21.34%<\/td>\n<\/tr>\n
Russell 2000<\/td>\n1548.93<\/td>\n1533.66<\/td>\n14.13%<\/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>\n4.50<\/td>\n3.75<\/td>\n<\/tr>\n
Fed Funds<\/td>\n1.41<\/td>\n0.66<\/td>\n<\/tr>\n
30-year mortgage<\/td>\n4.04<\/td>\n4.23<\/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>\n1.344<\/td>\n1.226<\/td>\n<\/tr>\n
Dollars per Euro<\/td>\n1.194<\/td>\n1.049<\/td>\n<\/tr>\n
Japanese Yen per Dollar<\/td>\n112.87<\/td>\n116.54<\/td>\n<\/tr>\n
Canadian Dollars per Dollar<\/td>\n1.257<\/td>\n1.350<\/td>\n<\/tr>\n
Mexican Peso per Dollar<\/td>\n19.721<\/td>\n20.728<\/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>\n59.84<\/td>\n53.77<\/td>\n<\/tr>\n
Gold<\/td>\n1297.20<\/td>\n1158.10<\/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>\n1.90<\/td>\n1.78<\/td>\n<\/tr>\n
10-year treasury<\/td>\n2.43<\/td>\n2.38<\/td>\n<\/tr>\n
10-year municipal (TEY)<\/td>\n3.11<\/td>\n3.40<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Treasury Yield Curve \u2013 12\/29\/2017<\/h3>\n

As of close of business 12\/28\/2017<\/p>\n

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

S&P Sector Performance (YTD) \u2013 12\/29\/2017<\/h3>\n

As of close of business 12\/28\/2017<\/p>\n

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

Economic Calendar<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
January 1<\/strong><\/td>\n \u2014 <\/td>\nNew Year’s Holiday (markets closed)<\/td>\n<\/tr>\n
January 3<\/strong><\/td>\n \u2014 <\/td>\nISM Manufacturing Index (December)<\/td>\n<\/tr>\n
 <\/td>\n \u2014 <\/td>\nFOMC Minutes (December 12-13)<\/td>\n<\/tr>\n
January 4<\/strong><\/td>\n \u2014 <\/td>\nADP Payroll Estimate (December)<\/td>\n<\/tr>\n
January 5<\/strong><\/td>\n \u2014 <\/td>\nEmployment Report (December)<\/td>\n<\/tr>\n
 <\/td>\n \u2014 <\/td>\nTrade Balance (November)<\/td>\n<\/tr>\n
 <\/td>\n \u2014 <\/td>\nISM Non-Manufacturing Index (December)<\/td>\n<\/tr>\n
January 12<\/strong><\/td>\n \u2014 <\/td>\nConsumer Price Index (December)<\/td>\n<\/tr>\n
 <\/td>\n \u2014 <\/td>\nRetail Sales (December)<\/td>\n<\/tr>\n
January 15<\/strong><\/td>\n \u2014 <\/td>\nMLK Jr. Holiday (markets closed)<\/td>\n<\/tr>\n
January 26<\/strong><\/td>\n \u2014 <\/td>\nReal GDP (4Q17, advance estimate)<\/td>\n<\/tr>\n
January 31<\/strong><\/td>\n \u2014 <\/td>\nFOMC Policy Decision (no 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 December 28th, 2017.<\/p>\n

\u00a92017 Raymond James Financial Services, Inc. member FINRA<\/a> \/ SIPC<\/a>.<\/h4>\n","protected":false},"excerpt":{"rendered":"

Clarksville, TN – Next week, the ISM surveys have some market-moving potential and we should receive anecdotal information on the strength of holiday sales, but the focus is expected to be on the employment figures. Seasonal adjustment is a bit quirky in December and can easily magnify the normal statistical noise in the job market […]<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[3],"tags":[4306,7670,7819,1898,7666,5117,5123,8488,8434,7035,7671,7704,7667,5119,1004,7668,5118,1910,4305,2108,7752,4619,3174,1007,10441],"class_list":["post-13355","post","type-post","status-publish","format-standard","hentry","category-business","tag-bonds","tag-british-pound","tag-clarksville","tag-clarksville-tn","tag-djia","tag-dow-jones-industrial-average","tag-euro","tag-fm-investment-services","tag-fomc","tag-gold","tag-japanese-yen","tag-mexican-peso","tag-msci-eafe","tag-nasdaq","tag-raymond-james-investment-services","tag-russell-2000","tag-sp-500","tag-stock-market","tag-stocks","tag-taxes","tag-u-s-stock-market","tag-u-s-treasuries","tag-u-s-treasury","tag-weekly-market-snapshot","tag-yuan"],"_links":{"self":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/13355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/comments?post=13355"}],"version-history":[{"count":1,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/13355\/revisions"}],"predecessor-version":[{"id":13356,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/13355\/revisions\/13356"}],"wp:attachment":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/media?parent=13355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/categories?post=13355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/tags?post=13355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}