Cumberland Advisors Market Commentary – Amazon Fires – More Irrefutable Evidence

Author: David R. Kotok, Post Date: November 14, 2019
image_pdfimage_print

We thank the many readers who responded positively to our recent report on Brazil and deforestation in the Amazon. For a researcher and a writer, it is affirming to get some positive feedback.

Market Commentary - Cumberland Advisors - Brazil & Amazon Fires

Not all readers’ responses were favorable. One broker called it the “the dumbest thing I have read.” Another person said, “The world has been heating and cooling for 4 billion years, so what’s the big deal?” And there were a few other naysayers. All fall into the denier/skeptic camp. One said that this is Brazil’s issue, so why are we making it our business in the US? That same reader said that the Alaskan wilderness is Alaska’s issue and the rest of the United States should keep its hands off. Two people were inappropriately nasty and have therefore been removed from our listserv and permanently blocked.

A few people contributed thoughtful responses which argued that the political system is not fixable and that only a massive catastrophe will be enough to change behavior.

Still others said that technological innovations can help mitigate climate issues.

We appreciated nearly all of the responses.

Now here is a link to a study by NASA’s Jet Propulsion Laboratory (JPL) that analyzed decades of ground and satellite data to track the amount of moisture in the atmosphere over the Amazon rainforest and to assess how much moisture is needed to maintain the ecosystem. The map compiled from the data dramatically demonstrates the decline of moisture in the air over South America from 1987 to 2016. We thank David Kruschwitz for directing us to this site.

https://earthobservatory.nasa.gov/images/145834/human-activities-are-drying-out-the-amazon

We recommend that deniers and skeptics study this and other climate-change data carefully. If you’re truly a skeptic, this may be what tilts you into the science-based consensus that an anthropogenic thumb is on the scale accelerating climate change beyond natural causation alone. After all, the world is no longer seen as flat – except by the few who remain deniers.

David R. Kotok
Chairman and Chief Investment Officer
Email | Bio


Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.

Sign up for our FREE Cumberland Market Commentaries

Cumberland Advisors Market Commentaries offer 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.

cumber map
Cumberland Advisors® is registered with the SEC under the Investment Advisers 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. 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.
Loading...