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Topic: Iraq

Clarksville Weekly Market Snapshot from Frazier Allen for the week of July 20th, 2014

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The retail sales and industrial production reports had similar stories – gains in June were disappointing relative to expectations, but figures for April and May were revised higher. These data (which are subject to revision) are consistent with a sharp rebound in economic activity in 2Q14 (following weather–related weakness in 1Q14), but also suggest some loss of momentum heading towards 3Q14.

The Producer Price Index and import price reports showed no appreciable pipeline pressures for inflation.

Frazier Allen

Frazier Allen

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5th Special Forces Group (A)’s 3rd Battalion holds change of command ceremony at Fort Campbell

 

Written by Sgt. Justin A. Moeller
5th Special Forces Group (Airborne) Public Affairs

5th Special ForcesFort Campbell, KY – Soldiers with the 3rd Battalion, 5th Special Forces Group (Airborne), welcomed their new commander July 1st, 2014.

During a ceremony held at Gabriel Field, Lt. Col. Lewis J. Powers relinquished command of the 3rd Bn., 5th SFG (A), to Lt. Col. Brent W. Lindeman.

“Under the command of Lt. Col. Powers, 3rd Battalion has successfully executed hundreds of missions of critical importance across the entire Middle East,” said Col. John W. Brennan, commander of the 5th SFG (A). “From combat operations in remote locations of Afghanistan, to critical advise and assist missions in Iraq, and other locations throughout the Central Command’s area of responsibility—3rd Battalion has always risen to the challenges before them and emerged victorious.”

Col. John W. Brennan, commander of the 5th Special Forces Group (Airborne), passes the colors to Lt. Col. Brent W. Lindeman, the incoming commander of 3rd Battalion, 5th SFG(A), during a change of command ceremony, July 1, 2014, held at Gabriel Field. (Pfc. Robert Vanegas)

Col. John W. Brennan, commander of the 5th Special Forces Group (Airborne), passes the colors to Lt. Col. Brent W. Lindeman, the incoming commander of 3rd Battalion, 5th SFG(A), during a change of command ceremony, July 1, 2014, held at Gabriel Field. (Pfc. Robert Vanegas)

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of July 15th, 2014

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Next week, the economic calendar picks back up. Retail sales are likely to be the highlight, boosted by stronger vehicle sales in June. Ex-autos, sales results for April and May were disappointing – so we’ll be on the lookout for a rebound (or possibly some revision to the previous figures).

Industrial production data and residential construction figures have some potential to move the markets – they should point to stronger growth in 2Q14.

Frazier Allen

Frazier Allen

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AAA says Oil Plunges, pushes Gasoline Prices to 3 month lows

 

AAATampa, FL – The price of oil dropped for the third consecutive week, pushing retail prices to their lowest level in months. Sunday, the national average price for a gallon of regular unleaded gasoline fell for the 16th consecutive day. Since last week, the average price fell 4 cents to $3.62, the cheapest price since April.

Oil settled at its lowest price in two months on the NYMEX as U.S. stockpiles increased last week and supply risks eased in Iraq and Libya. The price for a barrel of oil settled at $100.83 Friday, a $3.23 decline from a week ago. «Read the rest of this article»

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AAA say U.S. Delared World’s Biggest Oil Producer; Gas Prices Drift Lower

 

AAATampa, FL – The United States surpassed Saudi Arabia and Russia to become the world’s biggest oil producer this year.

According to a report from the Bank of America Corp., the U.S. is projected to remain the top producer of 2014 because domestic output is forecast to increase and production growth outside the U.S. has been lower than anticipated. «Read the rest of this article»

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of July 8th, 2014

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, 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).

Frazier Allen

Frazier Allen

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Vice Chief of the Army General John F. Campbell nominated as new ISAF commander

 

Written by Libby Howe
United States Army

U.S. ArmyWashington, D.C. – Vice Chief of Staff of the Army General John F. Campbell received a presidential nomination to serve as commander of NATO’s International Security Assistance Force and U.S. Forces Afghanistan.

“I am truly honored and humbled by the president’s nomination for me to serve as the next International Security Assistance Force commander,” Campbell said.

“If confirmed, I look forward to serving alongside our Afghan and coalition partners as we continue operations in Afghanistan. Until such time, I remain committed to my current responsibilities as the vice chief of staff of the Army,” he said.

Vice Chief of Staff of the Army General John F. Campbell received a presidential nomination to serve as NATO's International Security Assistance Force and U.S. Forces Afghanistan Commander. (U.S. Army)

Vice Chief of Staff of the Army General John F. Campbell received a presidential nomination to serve as NATO’s International Security Assistance Force and U.S. Forces Afghanistan Commander. (U.S. Army)

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Clarksville City Council Regular Session Report for July 1st, 2014

 

Clarksville City Council - Ward 10Clarksville, TN – Due to the upcoming 4th of July weekend, the city council moved its regular voting session to July 1st. It was an interesting evening.

Ordinance 7 – 2014-15 (Homeless Shelter Distance)

This ordinance proposed to shrink the distance that a homeless shelter could be located from residential properties. Currently, the distance requirement is 1000 feet. According to map inquiries by the Planning Commission, there are only four locations left in Clarksville that would allow a shelter to be at this separation requirement. «Read the rest of this article»

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Democrat Dan Cramer looks to represent Tennessee 7th Congressional District

 

Election 2014Clarksville, TN - Retired Army Helicopter Pilot Dan Cramer has announced he will run to represent Tennessee’s 7th district in the U.S. House of Representatives, pledging to focus on the responsibility to govern that is entrusted to every member of congress.

Dan has made a commitment to restoring opportunity and prosperity to the middle class and to tackle the hard work of addressing issues like tax reform, immigration, and the national debt.

Tennessee 7th Congressional District candidate Dan Cramer.

Tennessee 7th Congressional District candidate Dan Cramer.

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Second Quarter ends Strong, but Investors remain Cautious

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – While the markets managed solid gains over the last three months, investors continue to measure their enthusiasm as the U.S. economy maintains a less-than-robust growth trend heading into the second half of the year.

After a hesitant start to 2014, the markets gained momentum as the winter doldrums gave way to slow spring growth. But ever-present concerns over the Fed’s imminent move to wind down its quantitative easing program and eventually raise rates again have kept stock market euphoria at bay.

Frazier Allen

Frazier Allen

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