logo One Sarasota Tower
2 N. Tamiami Trail
Suite 303
Sarasota, FL 34236

614 E. Landis Ave
Vineland, NJ 08360
(800) 257-7013		 spacer
HOME  | ABOUT CUMBERLAND  | OUR PEOPLE  | CONTACT US spacer spacer
spacer
INVESTMENT STRATEGY
spacer
INVESTMENT STYLES
spacer
MARKET COMMENTARY
spacer
TV APPEARANCES
spacer
IN THE NEWS
spacer
SPECIAL REPORTS
spacer
QUESTIONS
spacer
PRIVACY
spacer
ADV PART II
spacer
CLIENT LOGIN
Market Commentary Index Sign up for free market commentary
By Date
Date Author Title
5/21/2013 David Kotok Final Report from Italy
5/19/2013 David Kotok Report from Tuscany
5/16/2013 David Kotok Report from Milan
5/15/2013 David Kotok America’s Political Woes, Headlines in Milan
5/12/2013 David Kotok Central Banks, Milan, Tuscany
5/10/2013 David Kotok Understanding the Stock Market-Part 2
5/9/2013 David Kotok Understanding the Stock Market
5/8/2013 David Kotok Sequester vs. National Defense
5/6/2013 Bob Eisenbeis Point of No Return?
5/5/2013 David Kotok Federal Deficit and Markets
5/3/2013 David Kotok JOBS?
5/2/2013 Bill Witherell Italy’s Equity Market Turning the Corner
5/1/2013 Bob Eisenbeis When Will the Fed Act and What Will It Do?
4/29/2013 David Kotok Now What?
4/26/2013 David Kotok FAA
4/25/2013 Bob Eisenbeis Never Let a Crisis Go to Waste
4/25/2013 Bob Eisenbeis Sequestration (Part 2)
4/23/2013 David Kotok Boston: Some Bullets and a Polemic
4/23/2013 Bob Eisenbeis Sequestration
4/19/2013 David Kotok Gold
4/15/2013 David Kotok Markets Today
4/12/2013 David Kotok President Obama’s $3 Million IRA Cap! Hmmm?
4/10/2013 David Kotok Bird Flu
4/8/2013 David Kotok Bail-In vs. Bailout
4/5/2013 John Mousseau A Quick Note on Stockton
4/5/2013 Bill Witherell Bank of Japan Surprises with Aggressive Easing
4/4/2013 Bob Eisenbeis Is the Job Market Stable?
4/2/2013 David Kotok Contagion Starts Small
3/30/2013 David Kotok Euro: Requiem or Renewal?
3/28/2013 Bob Eisenbeis Has EU Solved the Bank Capital Adequacy Problem?
3/26/2013 David Kotok Report from Dubai - 2
3/25/2013 David Kotok Quick Notes from Dubai
3/24/2013 David Kotok Report from Dubai
3/21/2013 Bob Eisenbeis The New Fed Policy
3/20/2013 David Kotok Report from Paris 2
3/19/2013 Bob Eisenbeis The Mouse that Roared
3/18/2013 David Kotok Report from Paris
3/16/2013 David Kotok Cypriot Banks
3/15/2013 David Kotok Raising Cash
3/14/2013 Bill Witherell Are There Investment Opportunities in Europe?
3/13/2013 David Kotok North Korea and Markets
3/12/2013 David Kotok Japan
3/8/2013 David Kotok Today's Employment Report
3/6/2013 David Kotok Still Bullish
3/5/2013 John Mousseau Motor City Meltdown
2/27/2013 David Kotok Markets, Wealth, NY Fed
2/23/2013 David Kotok More on Markets and Wealth Effects
2/22/2013 David Kotok Elasticity, Markets, Wealth Effects
2/19/2013 Bill Witherell G20 Meeting A Positive Surprise
2/17/2013 David Kotok Gretchen Morgenson & NY Fed
2/15/2013 Bill Witherell Currencies, the G7, G20, and Japan
2/14/2013 David Kotok Meredith, Will You Be My Valentine?
2/13/2013 David Kotok The Real State of the Union
2/11/2013 David Kotok Currency War?
2/9/2013 David Kotok California: Still Dreamin’
2/4/2013 Bob Eisenbeis Duped Again
2/1/2013 David Kotok Today's Employment Report
1/29/2013 Bob Eisenbeis What Makes Us Think They Will Pay?
1/27/2013 David Kotok Peace Dividend and Fiscal Policy Debate
1/21/2013 David Kotok Taxation Without Representation
1/14/2013 Bob Eisenbeis Three Myths and Misunderstandings
1/10/2013 David Kotok A Tax Barbell
1/9/2013 Bill Witherell Central Banks Ease Future Liquidity Standards for Globe's Big Banks
1/7/2013 Bob Eisenbeis Losing Money on the Replay
1/3/2013 David Kotok The Taxpayer Relief Act-a misnomer to celebrate the swearing in of the new Congress
12/27/2012 David Kotok Dear Mr. Speaker
12/27/2012 Bill Witherell Will Japan Lead Asia’s Markets in 2013?
12/23/2012 David Kotok A Rotten Apple?
12/21/2012 David Kotok Mayans, Lincoln, Markets
12/17/2012 Bob Eisenbeis Fed Watching and Forecasting Has Just Become More Important
12/15/2012 David Kotok New Fed Policy & Markets
12/10/2012 Bill Witherell An Asia-Pacific Equity Portfolio Tilt
12/7/2012 David Kotok Market Bullets on Employment Friday
12/4/2012 David Kotok My Personal View on the Fiscal Cliff
12/2/2012 David Kotok Housing, Fiscal C. & Dennis G.
11/29/2012 David Kotok Cliff, Stocks, Churchill
11/25/2012 David Kotok Debt Limit-Fiscal Cliff-Stock Market
11/21/2012 Bill Witherell Downgraded: France Gets a Wake-Up Call
11/20/2012 David Kotok Tocqueville-an error
11/19/2012 David Kotok Fiscal Cliff or Slippery Slope?
11/10/2012 David Kotok Peter Demirali Scholarship Fund
11/9/2012 David Kotok Post-Election Markets
11/8/2012 John Mousseau & Michael Comes Muni Market After Sandy
11/7/2012 David Kotok Peter Demirali Memorial Service
11/7/2012 David Kotok Re-elected President Obama and Fiscal Cliff
11/2/2012 David Kotok Peter Demirali, deceased
10/26/2012 David Kotok Taxes: Obama or Romney Part 2
10/25/2012 David Kotok Taxes: Obama or Romney?
10/22/2012 David Kotok Oil & Tonight’s Debate
10/18/2012 David Kotok Jack Welch’s Gaffe – A Follow-up
10/17/2012 David Kotok California Update
10/13/2012 David Kotok Jack Welch’s Gaffe
10/10/2012 David Kotok & Michael Comes Idiosyncratic vs. Systemic: California Cities, A Case Study
10/8/2012 Bill Witherell Vanguard’s Benchmark Index Changes: Emerging Markets
10/6/2012 David Kotok Sri Jegarajah, Kevin Kerr, Jim Roemer on Oil, Commodities & Weather
10/3/2012 David Kotok Debate-onomics
10/1/2012 Bill Witherell French Impressions
9/30/2012 David Kotok The Triffin Dilemma & Gold
9/28/2012 John Mousseau Muni Bonds Start to Outperform
9/23/2012 David Kotok QE Infinity and US Stock Market
9/20/2012 Michael McNiven Ghana, Healthcare Delivery, and Sustainable Philanthropy
9/17/2012 Bob Eisenbeis We’ll Know It When We See It!
9/16/2012 David Kotok “The Bible says ........”
9/8/2012 David Kotok ECB, OMT: Nuances and Fireflies
9/6/2012 Tessa Milligan Tracking the ELA
9/5/2012 David Kotok Labor Day Report from Leen's Lodge
9/4/2012 Bob Eisenbeis More Stimulus?
9/1/2012 Bill Witherell Food Prices and Commodity ETFs
8/30/2012 David Kotok Frankfurt or Jackson Hole
8/27/2012 David Kotok Bernanke-Draghi: Jackson Hole vs. Leen’s Lodge
8/22/2012 David Kotok Dance of Fireflies
8/20/2012 David Kotok Triage
8/18/2012 Bill Witherell Food Prices and International Equity Markets
8/17/2012 Bob Eisenbeis Poke ‘Em With a Stick: LIBOR Part III
8/15/2012 Tessa Milligan Does the Fed Track the Beveridge Curve?
8/13/2012 David Kotok Ryan – Pusillanimity?
8/11/2012 David Kotok Corn
8/9/2012 David Kotok Report from Maine
8/2/2012 David Kotok ECB: Quick Note from Maine
8/1/2012 David Kotok TAG – An Interim Report from Maine
7/30/2012 David Kotok Libor, ECB, Maine
7/26/2012 Michael Lewitt Junk Bonds Are Fairly Valued
7/25/2012 Michael Comes & John Mousseau Municipal Bankruptcy Comes in Two Flavors
7/25/2012 David Kotok Trout Ranch, Afton, WY, early, early in the morning
7/24/2012 David Kotok Dominoes
7/23/2012 Bill Witherell LIBOR and Public Governance
7/23/2012 Michael Lewitt The Pension Dilemma II
7/20/2012 David Kotok Libor, Banks & ETFs
7/18/2012 Michael Lewitt The Pension Dilemma
7/17/2012 David Kotok The Libor Scandal: Costs and Victims
7/16/2012 Bob Eisenbeis What Did They Know, When Did They Know It and What Did They Do?: Part II
7/9/2012 David Kotok LIBOR, the Fed and the TED
7/7/2012 David Kotok What a crazy week?
7/6/2012 Bill Witherell Corporate Governance and the City
7/5/2012 John Mousseau & Michael Comes Supreme Court Decision and the Muni Health Care Market
7/5/2012 Bob Eisenbeis What Did He Know and When Did He Know It?
7/4/2012 Michael Lewitt LIBOR-Gate
7/3/2012 David Kotok Iran-Persian Gulf-Oil Threat
7/2/2012 David Kotok Europe and Yogi Berra
6/29/2012 John Mousseau The Muni Market Hits Halftime
6/26/2012 David Kotok From Pickerel to Shark
6/24/2012 David Kotok Report from Leens's Lodge
6/21/2012 Bob Eisenbeis Operation Twist 1.1
6/21/2012 David Kotok Twist and Whimper
6/20/2012 Peter Demirali Economic Weakness and Uncertainty Buoy Bonds
6/18/2012 Bill Witherell and David Kotok Deconstructing the Eurozone
6/15/2012 Bob Eisenbeis Desperate Times Call for Drastic Measures
6/14/2012 David Kotok The Eurozone, Swiss National Bank, Market Strategy, Erwan Mahe
6/13/2012 Bob Eisenbeis Lesson Number One
6/12/2012 David Kotok Sorkin's Column, My Response
6/10/2012 David Kotok Spain's Banks and Markets
6/6/2012 David Kotok The 'Good Guys' and the 'Bad Guys'
6/5/2012 John Mousseau Muni Yield Ratios Skyrocket as Treasury Yields Plunge
6/4/2012 Michael Lewitt Opportunities in High-Yield Credit
6/2/2012 David Kotok Say Goodbye to May
5/31/2012 Bob Eisenbeis Capital Standards and Gold
5/29/2012 David Kotok Drachma!
5/28/2012 Bill Witherell Notes from Poland
5/24/2012 David Kotok US Stocks-An Aussie View & Betty Liu
5/23/2012 David Kotok Greece and Banks
5/21/2012 David Kotok Congressional Threat to Every Investor, Business Owner and Citizen - Part 2
5/19/2012 David Kotok Congressional Threat to Every Investor, Business Owner and Citizen - Part 1
5/16/2012 David Kotok Thinking the Unthinkable
5/13/2012 David Kotok Jamie Dimon & Greece: Imperfect Together
5/11/2012 David Kotok JP Morgan-Aaaarrrggghh
5/6/2012 David Kotok My Initial Take on Europe
5/3/2012 Michael Lewitt Not Your Father's High Yield Bond Market
5/2/2012 John Mousseau Land of Lincoln Follow-Up
5/1/2012 Bill Witherell Austerity Versus Growth in the Eurozone
4/30/2012 John Mousseau Illinois: The Land of Lincoln is Leaking
4/29/2012 David Kotok Stocks and Shocks: what to do?
4/23/2012 David Kotok Stock Market Outlook
4/19/2012 David Kotok Some ETF Choices - New Book
4/14/2012 David Kotok Sell in May? 9 Trillion Reasons to Say NO
4/11/2012 Bill Witherell France at Risk
4/8/2012 David Kotok I'm Worried
4/6/2012 David Kotok Today’s Employment Report, also, Europe
4/4/2012 David Kotok The Rain in Spain...is Falling
4/2/2012 Bill Witherell Exchange-Traded Notes Warning Signs
3/30/2012 Bob Eisenbeis Reserve Requirements as a Tool for a Fed Exit Strategy
3/29/2012 David Kotok Back from Paris
3/26/2012 David Kotok Paris au Printemps - 2
3/23/2012 David Kotok Paris au Printemps
3/23/2012 Peter Demirali Which Way are Rates Headed?
3/22/2012 John Mousseau Munis Take a Break (Finally)
3/21/2012 Bill Witherell Poland, the EU Growth Leader
3/19/2012 Michael Lewitt High Yield Credit Outlook
3/18/2012 David Kotok US Stock Market Update
3/14/2012 Michael McNiven A Wake-Up Call & Fee Disclosures for 401(k) Plans
3/12/2012 Bob Eisenbeis Fed Policy in March
3/10/2012 David Kotok Greece, Tragedy & Poetry
3/9/2012 Bill Witherell One Year After the Tsunami, Japan Is Back
3/3/2012 David Kotok OIL, OIL, OIL!!!
2/29/2012 David Kotok Bernanke, FDIC Fee, The Debate is Reactivated
2/27/2012 Bill Witherell Return of the BRIC Equity Markets
2/26/2012 David Kotok Another Crazy Week
2/24/2012 David Kotok Readers Respond to Moral Hazard-CAC
2/23/2012 David Kotok Moral Hazard-CAC
2/18/2012 Bill Witherell Greece-Eurozone
2/17/2012 John Mousseau A Quick Word on the President's Budget Proposal
2/16/2012 David Kotok Stocks Upward Bias, Golden Cross, Risk Rising
2/11/2012 David Kotok Greece - Europe - Credit Spreads Worldwide - Stocks
2/6/2012 David Kotok PCE and CPI
2/3/2012 David Kotok G4-Markets-Gold, Everything Else
2/1/2012 Bob Eisenbeis Fed Transparency
1/31/2012 David Kotok Joe Paterno
1/31/2012 Bob Eisenbeis Loopholes, Subsidies, Incentives, and Taxes
1/30/2012 John Mousseau Munis Cruise Through a Scorching January
1/25/2012 David Kotok The Fed, Stocks & Chimichurri
1/24/2012 Bob Eisenbeis The New Communications Strategy of the Fed
1/21/2012 David Kotok Two Books and Two Fish
1/18/2012 David Kotok Report from Chile
1/17/2012 Bill Witherell Europe Downgrades and Market Response
1/13/2012 Bill Witherell China Update, Part 2
1/10/2012 David Kotok The Love Trapezoid
1/7/2012 David Kotok China Update Part 1
1/2/2012 David Kotok Sunrise 2012
12/30/2011 David Kotok Janet Tavakoli Gets 5 Stars!
12/28/2011 Peter Demirali 2011 Review and Outlook for 2012
12/27/2011 Bill Witherell A Tumultuous Year for Global Financial Markets
12/26/2011 David Kotok Asset Safety in the post-MF Global World
12/23/2011 Bob Eisenbeis As the Year Winds Down
12/20/2011 David Kotok Christian Noyer
12/19/2011 John Mousseau Meredith Redux - One Year Later
12/17/2011 David Kotok G4 Central Bank Balance Sheets / European Contagion
12/13/2011 David Kotok Report from Paris, Part 3
12/12/2011 David Kotok Report from Paris, Part 2
12/9/2011 David Kotok Report from Paris
12/7/2011 Bob Eisenbeis Be Careful What You Wish For
12/4/2011 David Kotok USD-EUR currency exchange rate and the Ellsberg paradox.
12/2/2011 David Kotok Measuring Europe's Contagion
12/1/2011 David Kotok Central Banks and Bullets
12/1/2011 Bill Witherell Reassessing China Equities
11/29/2011 Bob Eisenbeis Desperate Times Call for Drastic Measures
11/25/2011 David Kotok Thanksgiving, Ben Bernanke, WSJ Story (11/23/2011)
11/23/2011 Bill Witherell Looking North for Some Stability
11/22/2011 Bob Eisenbeis Is the Turkey Done Yet??
11/21/2011 David Kotok MF Global & NY Fed - Part 3
11/16/2011 David Kotok Municipal Bankruptcies
11/15/2011 Bill Witherell What About Spain?
11/12/2011 David Kotok CDS, Market Turmoil, Asset Allocation
11/10/2011 John Mousseau Jefferson County Finally Declared Bankruptcy
11/6/2011 David Kotok MF Global and NY Fed - Part 2
11/5/2011 David Kotok MF Global, NY Fed, Chutzpah?
11/1/2011 David Kotok Will the Bears Hibernate?
10/27/2011 Bill Witherell Europe Steps Up to the Plate
10/24/2011 David Kotok Defaults?
10/21/2011 John Mousseau Harrisburg Saga Continues to Unfold
10/17/2011 David Kotok US Stock Market: Bulls vs. Bears; Historians vs. Risk Takers?
10/11/2011 David Kotok Bratislava
10/9/2011 David Kotok Bernanke and Trichet: a parable
10/7/2011 David Kotok Paul McCulley, New GIC Society of Fellows, Paris
10/5/2011 David Kotok Dexia!
10/4/2011 David Kotok Presentation slides from Stockholm
10/3/2011 Peter Demirali Uncharted Territory in Bonds
10/2/2011 David Kotok Trying to help WWHI---this is time sensitive!
10/1/2011 David Kotok Interview from GIC (www.interdependence.org) meeting in Stockholm
9/30/2011 Bob Eisenbeis Do the Math
9/30/2011 Bill Witherell Germany Comes Through
9/29/2011 John Mousseau Rounding the Stretch in Munis
9/28/2011 David Kotok Helsinki - Stockholm
9/27/2011 Michael McNiven Fiduciaries and the Issue of 401(k) Regulation
9/24/2011 David Kotok Herman Cain is my Name
9/22/2011 David Kotok Fed, Mortgages, Housing
9/21/2011 David Kotok Bird Flu... Again?
9/20/2011 Bill Witherell An Autumn Rally in Global Equity Markets? Possible but not Asured
9/19/2011 David Kotok Infrastructure Plan: A Third Option
9/14/2011 David Kotok Build America Bonds (BABs) Update
9/14/2011 David Kotok Policy Madness in Muniland
9/12/2011 Bill Witherell Continuing to Underweight the Eurozone
9/11/2011 David Kotok 9-11-11
9/7/2011 David Kotok Three Research Reports
9/4/2011 David Kotok Labor Day, Leen's Lodge, Employment Report
9/1/2011 John Mousseau Goodnight Irene
8/31/2011 David Kotok Another Bullish Stock Market Indicator
8/30/2011 Bob Eisenbeis The Debt - One More Time
8/29/2011 Bill Witherell Will Germany Continue to be the "Stability Anchor" for the Eurozone?
8/28/2011 David Kotok Good Night Irene: Bullets Dodged
8/26/2011 Bob Eisenbeis Jackson Hole
8/24/2011 John Mousseau Earthquakes and the Muni Bond Market
8/24/2011 David Kotok More Support for the August 9, Selling Climax-Induced Bullish Position?
8/23/2011 Bob Eisenbeis A Two-Step Program to Deal with the Budget and Debt Problem
8/21/2011 David Kotok Qaddafi, Bernanke & Stock Markets
8/19/2011 Bob Eisenbeis Central Bank Policy, Euro Bonds, and QE3
8/18/2011 David Kotok Governor Perry and Fed Independence
8/17/2011 Bill Witherell European Economies at Stall Speed
8/15/2011 David Kotok The Selling Climax-Responses
8/13/2011 David Kotok Was There a Selling Climax?
8/10/2011 John Mousseau The US Downgrade and the Muni Bond Market
8/7/2011 David Kotok S&P Downgrade of US Creditworthiness: Some Initial Thoughts
8/6/2011 David Kotok FDIC, Fed Funds & Leen's Lodge
8/4/2011 David Kotok Report from Leen's Lodge
8/3/2011 John Mousseau Midyear Muni Hot Spots
8/2/2011 Bob Eisenbeis No Taxation without Representation
7/31/2011 David Kotok Two Fish Tales and a Debt Ceiling
7/27/2011 Bob Eisenbeis What is "Fair?"
7/26/2011 Bill Witherell Stress in the Eurozone - A Follow-Up
7/25/2011 David Kotok Gang of 535 plus 2
7/23/2011 David Kotok 202-224-3121
7/21/2011 Bob Eisenbeis Can the Fed Make a Profit for the Taxpayer?
7/20/2011 David Kotok Kill the AMT
7/19/2011 David Kotok Political Resolution is Very Bullish
7/19/2011 Bill Witherell Stress in the Eurozone and its Banks
7/14/2011 David Kotok Report from Oxford
7/13/2011 Bob Eisenbeis Bad Math and Bad Anaylsis
7/12/2011 David Kotok Brits - Trust - Media: Report from London
7/11/2011 Bob Eisenbeis To Target or Not to Target
7/6/2011 Bill Witherell The End of the Soft Patch in the Global Economy?
7/5/2011 Bob Eisenbeis August 2 - Hard Cap or Soft?
6/29/2011 David Kotok Leen's Lodge, FDIC, The Fed
6/28/2011 Michael McNiven The Changing 401(k) Landscape
6/27/2011 Bob Eisenbeis QE 2 and Policy
6/23/2011 Bob Eisenbeis "Pop Quiz"
6/22/2011 John Mousseau Munis at the Halfway Point
6/21/2011 Peter Demirali We Need BABs!
6/17/2011 David Kotok Greek Default Deferred
6/15/2011 David Kotok The US Stock Market
6/11/2011 David Kotok Muniland Update & Whitney on Squawk Box
6/9/2011 David Kotok "The honor of the nation was at stake."
6/8/2011 Bob Eisenbeis Bernanke on R&D
6/6/2011 Bob Eisenbeis Did the Fed Print Money in QE1 and QE2? –Correction and Addendum
6/5/2011 David Kotok Helsinki
6/3/2011 Bob Eisenbeis Did the Fed Print Money in QE1 and QE2?
5/29/2011 David Kotok Les Papillons Noirs
5/27/2011 David Kotok Vallejo Water Bonds and Memorial Day
5/25/2011 David Kotok Mark Haines
5/24/2011 Bill Witherell Renewed Eurozone Worries
5/22/2011 David Kotok Thank You, Joe Mysak
spacer

Cumberland Advisors® is registered with the SEC under the Investment Advisors Act of 1940. All information contained herein is for informational purposes only and does not constitute a solicitation or offer to sell securities or investment advisory services. Such an offer can only be made in the states where Cumberland Advisors is either registered or is a Notice Filer or where an exemption from such registration or filing is available. New accounts will not be accepted unless and until all local regulations have been satisfied. This presentation does not purport to be a complete description of our performance or investment services.

Please feel free to forward our commentaries (with proper attribution) to others who may be interested.

For a list of all equity recommendations for the past year, please contact Therese Pantalione at 856-692-6690,ext. 315. It is not our intention to state or imply in any manner that past results and profitability is an indication of future performance. All material presented is compiled from sources believed to be reliable. However, accuracy cannot be guaranteed.
 COPYRIGHT ©2013 CUMBERLAND ADVISORS® POWERED BY: BALANCED COMPUTING 
spacer
spacer