Maggie Smith joins Batson Nolan
Clarksville, TN – Batson Nolan, PLC announces the addition of Maggie Smith as an Associate with the firm.
Raised in Clarksville, Tennessee and a graduate of Rossview High School, Maggie attended college at Austin Peay State University, where she graduated magna cum laude with a Bachelor of Arts in History in 2009.
She completed her law degree at the University of Memphis Cecil C. Humphreys School of Law in 2012.
Altra Federal Credit Union to host Small Business Connect Seminar on October 6th, 2015
Clarksville, TN – An educational seminar focusing on small business finance basics will be held on Tuesday, October 6th at 5:30pm to 7:00pm at Miss Lucille’s Café located at 2231-L Madison Street, Clarksville, TN 37043.
The Small Business Connect Seminar is a no-cost, no-obligation event hosted by Altra Federal Credit Union. The event is open to small business owners and Altra membership is not required.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of September 15th, 2015
Clarksville, TN – The economic calendar was thin, leaving investors free to worry about slower global growth and Federal Reserve policy. The stock market was volatile, but not as much as in recent weeks.
The Bank of Canada and the Bank of England each left short-term interest rates unchanged. The BOC lowered rates in January and July, but showed no bias to cut rates further in the next few months. The BOE has been debating whether to start raising rates, but appears to have put such notions aside in the near term, reflecting concerns about the global economy.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of September 6th, 2015
Clarksville, TN – The economic data were mixed, but generally consistent with moderately strong growth. Unit auto sales improved in August. The ISM Manufacturing Index slowed. The Non-Manufacturing Index pulled back a bit after surging in July (still strong). The Fed’s Beige Book described growth as evenly split between “modest” and “moderate” across the 12 Fed districts.
The August employment report was mixed, but generally strong. Nonfarm payrolls rose by 173,000 (median forecast: +220,000), but with a net revision of +44,000 to June and July.
Frazier Allen: Equity markets stumble in August on global worries
Clarksville, TN – The equity markets, and subsequently investors, experienced some wild swings toward the end of August, spurred in part by China’s faltering economy and a drop in oil prices. On paper, global equities have lost trillions in value after China unexpectedly devalued its currency earlier this month.
The move triggered concern that one of the world’s largest economies, especially its manufacturing sector, is growing at a slower rate. Consumer confidence also declined in August as the stock market turbulence dulled Americans’ outlook for the economy.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of August 30th, 2015
Clarksville, TN – A sharp drop in China’s stock market rattled investors’ nerves around the world. The Dow Jones Industrial Average fell by more than 1,000 points at the open on Monday, regrouped, and then fell again, leaving the benchmark index down 588.
Volatility continued throughout the week, but investors were encouraged by China’s efforts to shore up its stock market and support economic growth. Oil prices fell further, but picked up by the end of the week. The market volatility has left investors struggling to figure out where share prices should be. Volatility is expected to decrease in coming days, but may continue for a while.
Interpreting Wall Street’s wild swings benefits from perspective
Clarksville, TN – The stock market sell-off continued Monday, as the Dow Jones Industrial Average and other major domestic indices saw a significant drop in early morning trading, regained some ground as the day progressed, but still closed down 3% to 4% for the day.
Global markets were also down, notably in China, Hong Kong, Germany and the United Kingdom. The pullback appears to be driven by concern over slowing global growth, particularly as China’s economy (one of the world’s largest) falters, as well as the drop in commodity prices, namely oil.
Frazier Allen talks about Connecting Two Generations
Boomers and millennials have similar attitudes about money
Clarksville, TN – Grandparents, get ready to share your money memories. Maybe it’s the commonalities of post-Depression and post-recession saving mentalities. Or maybe being a generation away soothes the pressures of parental advice and control. Whatever the reason, millennials crave financial guidance from their grandparents.
Millennials saw the recession firsthand. They have high levels of student debt, continue to receive parental financial support into and beyond their college years, and more than half are living paycheck-to-paycheck. With that comes a slight chance to create long-term savings.
Frazier Allen talks about Surprising Expenses in Retirement
Clarksville, TN – While it’s no secret that retirement brings a lot of unknowns, you don’t want to be caught off guard if you can help it.
With so many decisions to be made from both financial and lifestyle perspectives, planning now for some of the “surprises” that may come your way can give you confidence that your financial future will be comfortable.
Tennessee Gun Country’s Shoot for a Cause Benefits LEAP Youth
Clarksville, TN – Tennessee Gun Country hosted Shoot for a Cause, a charity event for gun owners, and non-owners alike, to learn about firearms and practice on the range. The event was open to the community and held on the gun range with July 25th designated for 100% of the proceeds to be donated to the LEAP Organization.
The donation will enable LEAP to educate their youth participants in gun safety and violence prevention.
Executive Director Richard “Reason” Garrett had concerns regarding the community support for this type of event. “Initially I was concerned about how the community would respond to this kind of event given the recent unfortunate gun related tragedies.