Insights
Cumberland Advisors Market Commentary offers insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies. Our readers appreciate its timeliness, depth of analysis, and quality of research.
Author(s): David R. Kotok | Sun March 3, 2024
We thank readers for their many comments about our Cuba series. The three parts are available here:
Author(s): David R. Kotok | Tue February 27, 2024
A few readers have questioned the use of credit default swap (CDS) prices as a determining factor in setting interest rates. Please note that CDS is beyond the control of the Federal Reserve. Prices about the default risk insurance on the United States are set in global markets and really…
Author(s): David R. Kotok | Sun February 25, 2024
As my colleague John Mousseau recently noted in a weekend video, the tax-free Muni bond market outperformed the US Treasury bond market during the weakness period of trading a few days ago. The question asked by a client was, “Why”?Here’s a possible explanation.
Author(s): Robert Eisenbeis, Ph.D. | Fri February 23, 2024
Each year, the FOMC’s first order of business is to elect officers. This year, Federal Reserve Board Chairman Jerome Powell was once again elected to be chairman of the FOMC. On February 2, former president Donald Trump stated that he would not reappoint Powell as chairman of the Federal Reserve…
Author(s): David R. Kotok | Thu February 22, 2024
Here’s the link to the latest Congressional Budget Office (CBO) projection: “The Budget and Economic Outlook: 2024 to 2034,”
Author(s): David R. Kotok | Sun February 18, 2024
The four parts to this Cuba series are all available here:
Author(s): David R. Kotok | Tue February 13, 2024
Eric Hale is the founder of the Fintech company Trader Oasis (https://traderoasis.com).
Author(s): David R. Kotok | Sun February 11, 2024
In “Cuba Series, Part 1: The Bay of Pigs” (https://www.cumber.com/market-commentary/cuba-series-part-1-bay-pigs), I discussed our GIC delegation’s recent visit to the Bay of Pigs Museum in Cuba. I also mentioned the impact of US sanctions. Let’s use this commentary for some deeper details about…
Author(s): David R. Kotok | Wed February 7, 2024
A few readers have asked if the latest impeachment activity in the House is having or will have any impact on financial markets. In my opinion, the answer is no. And I believe that will be true regardless of the outcomes of the two present House impeachment actions whether targeting President…
Author(s): David R. Kotok | Tue February 6, 2024
By now, readers are familiar with the chart structure below. It is used to compare an actual municipal bond, the federal agency yield curve, and the US Treasury yield curve.