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Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 16th, 2014

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – In her first monetary policy testimony to Congress, Fed Chair Janet Yellen appeared calm, confident, and in charge.

She pledged continuity in monetary policy and regulatory reform. While “not on a preset path,” the monthly pace of asset purchases will likely be reduced “in further measured steps at future meetings” (which is widely interpreted as -$10 billion per Fed policy meeting).

Frazier Allen

Frazier Allen

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MAT Industries recalls around 100,000 Air Compressors Due to Shock Hazard

 

U.S. Consumer Product Safety CommissionWashington, D.C. – The U.S. Consumer Product Safety Commission reports Air Compressors being recalled by MAT Industries. The pressure switch terminal can make contact with the housing around the motor, electrifying the air compressors causing a possible shock hazard.

Consumers should stop using this product unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

The HDX air compressor and Powermate air compressor being recalled by MAT Industries.

The HDX air compressor and Powermate air compressor being recalled by MAT Industries.

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 9th, 2014

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The January Employment Report was a mixed bag. Nonfarm payrolls rose by a less-than-expected 113,000 (vs. a median forecast of +185,000), following a subpar 75,000 gain in December.

However, seasonal adjustment and weather effects added uncertainty to the results. Details suggest that the weather may not have been much worse than a normal January, but December weather was more unfavorable.

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 3rd, 2014

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Real GDP rose at a 3.2% annual rate in the advance estimate for 4Q13, about as expected, but the details were a bit surprising. Consumer spending and business fixed investment, the key components, each rose at a respectable pace.

However, inventory growth, already elevated in 3Q13, rose further (and will likely subtract from GDP growth in 1H14). Net exports (a smaller trade deficit) added. Residential home building and government subtracted. Personal income figures rose meagerly in 4Q13, suggesting that we may see some slowing in spending ahead.

Frazier Allen

Frazier Allen

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Britax recalls Strollers Due to Partial Fingertip Amputation Hazard

 

U.S. Consumer Product Safety CommissionWashington, D.C. – The U.S. Consumer Product Safety Commission reports strollers recalled by Britax Child Safety Inc. because the hinge can partially amputate customer’s fingertips, break fingers and or cause lacerations, among other injuries, when they press the release button while pulling on the release strap.

Consumers should stop using this product unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

Recalled Britax B-Agile stroller.

Recalled Britax B-Agile stroller.

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Fred & Friends Recalls Infant Pacifiers Due to Choking Hazard

 

U.S. Consumer Product Safety CommissionWashington, D.C. – The U.S. Consumer Product Safety Commission reports Fred & Friends recalling infant pacifiers. The beard on the artiste and the knob on the volume of the pacifiers can detach posing a choking hazard.

Consumers should stop using this product unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

Chill Baby Artiste pacifier recalled by Fred & Friends because of possible choking hazard.

Chill Baby Artiste pacifier recalled by Fred & Friends because of possible choking hazard.

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GE Brand Dehumidifiers now included in Gree Dehumidifier Recall Due to Serious Fire and Burn Hazards

 

U.S. Consumer Product Safety CommissionWashington, D.C. – The U.S. Consumer Product Safety Commission report that Gree Electric Appliances has now expaned their dehumidifier recall to Include GE Brand Dehumidifiers. The dehumidifiers are being recalled because they can overhead, smoke and catch fire posing fire and burn hazards to consumers.

Consumers should stop using this product unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

GE brand dehumidifier ADEW30LN is one of the models recalled.

GE brand dehumidifier ADEW30LN is one of the models recalled.

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Pacifier Holder Clips recalled by Playtex Due to Choking Hazard; sold at Walmart and other major retailers

 

U.S. Consumer Product Safety CommissionWashington, D.C. – The U.S. Consumer Product Safety Commission has announced that Playtex is recalling pacifier holder clips because the clips can crack and a small piece can break off causing a possible choking hazard to smaller children.

Consumers should stop using this product unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

Recalled Playtex green pacifier holder clip

Recalled Playtex green pacifier holder clip

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of January 26th, 2014

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – With a thin economic calendar, U.S. investors typically focus on other things. Sometimes, that’s earnings reports (which have been generally good). Other times, it’s overseas developments.

While the economic situation seems to be improving in the United Kingdom and in Europe, the rest of the world is looking a bit shakier. There have been a number of concerns about individual countries in recent weeks (China, Turkey, Argentina, and so on), but these concerns appear to have now gelled into anxieties about emerging economies in general, which has weighed against U.S. stock market sentiment.

Frazier Allen

Frazier Allen

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Kenmore Oscillating Fan Heaters recalled by Sears and Kmart Due to Fire and Burn Hazards

 

U.S. Consumer Product Safety CommissionWashington, D.C. – The U.S. Consumer Product Safety Commission reports that Sears and Kmart have recalled the Kenmore Oscillating Fan Heaters because the broken motor mounts can cause the unit to overheat causing a fire and burn hazard.

Consumers should stop using this product unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

Sears Kmart Kenmore oscillating fan heater.

Sears Kmart Kenmore oscillating fan heater.

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