Market Commentary by Scott J. Brown, Ph.D., Chief Economist
Federal Reserve Governor Jeremy Stein fell short of declaring that credit markets are overheating, but suggested that an extended period of low interest rates could lead to the taking on of greater duration of credit risks, or to employment of greater leverage in a “reach for yield.” He said that the Fed must monitor the financial markets closely and could address signs of excessive risk-taking through regulatory efforts or through monetary policy.
Next week, President Barack Obama will deliver his State of the Union Address on Tuesday evening (which is also Mardi Gras). Most likely, the President will ask that Congress postpone the sequester through the end of the year. Note that it’s not costless to do so – there has to be an offsetting increase in revenues (possibly closed loopholes) or reduction in other types of spending (say, reduced farm subsidies). The reports on retail sales and industrial production have some market-moving potential, but seasonal adjustment could exaggerate what would otherwise be minor shifts in the data. «Read the rest of this article»
Clarksville, TN – The weekly Clarksville Parks and Recreation Department Recreation Report provides Clarksvillians with a glimpse at the activities and events that are available from the Parks and Recreation Department for them to enjoy together as a family.
This weeks highlights include:
Fort Campbell, KY – Cole Park Commons will be hosting a Costume Ball on February 15th at 7:00pm. The theme will be Mardi Gras so come dressed to party!
You supply the Mardi Gras attire and we’ll supply the masks and beads.
Tickets are $15.00 in advance, $25.00 at the door and $35.00 for VIP. VIP tickets include one complimentary drink as well as a delicious Cajun meal. «Read the rest of this article»
Fort Campbell, KY – Catch Mardi Gras fever at the Leisure Travel Services Mardi Gras Madness Travel Extravaganza. Everyone is welcome to join the festivities with special vendors, prizes and giveaways on Fat Tuesday, February 21st at Cole Park Commons from 10:00am until 2:00pm.
If you are planning a vacation or just planning to plan a vacation, you don’t want to miss this Travel Extravaganza! While you’re there, be sure to stop by the Southern Buffet restaurant for lunch and enjoy a special Cajun menu. «Read the rest of this article»
Clarksville, TN – Combining high energy blues and hot jazz improvisation, Bobby Durham and the Dixieland Six are sure to thrill. Exciting Dixieland Jazz performed with a New Orleans edge. Energetic experts performing hot, upbeat, Dixieland jazz, and New Orleans Mardi Gras music with banjo, trombone, tuba, clarinet, drums and trumpet.
Join us for a Mardi Gras celebration on Sunday, March 6th at 4:00pm, at Grace Lutheran Church, 2041 Madison Street in Clarksville Tennessee.
As always, our concerts are free and open to the public.
Fort Campbell, KY – Catch Mardi Gras fever at the Leisure Travel Services Mardi Gras Madness Travel Extravaganza.
Everyone is welcome to join the festivities with special vendors, prizes and giveaways on Thursday, February 24th at Cole Park Commons from 10:00am to 2:00pm.
This is the perfect place to come if you are planning a vacation. Be sure to swing on over to the Southern Buffet restaurant for lunch and enjoy a special Cajun menu. «Read the rest of this article»
Fort Campbell, KY – The MWR and USAA Family event “Mardi Gras” scheduled for tomorrow has been moved to Cole Park Commons. The event was originally planned at Sportsman’s Lodge from 12:00pm-4:00pm.
Call 270-798-3172 for more info.
Fort Campbell, KY – Catch Mardi Gras fever and maybe catch a few beads, at the USAA and MWR February Mardi Gras Family Event on Saturday, February, 12th.
Enjoy FREE Mardi Gras themed crafts, face painting, and “King Cake” cupcake decorating. Maybe your cupcake will have the traditional Mardi Gras baby in it? There will also be a Mardi Gras King and Queen crowned, so come dressed in your best Mardi Gras attire. «Read the rest of this article»
Now playing at the Movies
Showtime information provided by Discover Clarksville.
© 2006-2010 Clarksville, TN Online is owned and operated by residents of Clarksville Tennessee.