Cumberland Advisors Week in Review (Feb 11, 2019 – Feb 15, 2019)

Cumberland Advisors Week in Review

(Feb 11, 2019 – Feb 15, 2019)

February 16, 2019

Week In Review

The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team. These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We also include older commentaries that our editors have determined may be of interest to our audience. Your feedback is always welcome.

 

MATT MCALEER’S WEEKLY RECAP

Matt McAleer shares some research in this week’s wrap up. Nice to see Europe get the bid we talked about before. We’ve been pleased in movements in Latin America and Asia. We talk about our US portfolio, changes we’ve made, and some history backed up by charts and data.  Should you ever own anything but the S&P 500? WATCH HERE. And reference the charts here: https://www.cumber.com/matt-mcaleers-weekly-recap-video-february-15-2019/

Matt McAleer and John Mousseau will provide extended quarterly videos for our clients that will incorporate equities and fixed-income in the coming weeks. Stay tuned!

 

MARKET COMMENTARY

 

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UPCOMING EVENTS

Financial Literacy Day – Financial Markets and the Economy
You’ll want to mark your calendar for Thursday, April 11, when the University of South Florida Sarasota-Manatee joins Cumberland Advisors and the Global Interdependence Center in hosting the third annual “Financial Markets and the Economy Financial Literacy Day” event.Financial Markets and the Economy Financial Literacy Day IIIThe Outlook for the US Stock Market & Global Economic Outlook will be a feature and there will be a special report on the “Use of the Bloomberg Terminals – Two Years Later” after Cumberland Advisors and David Kotok gifted them to the University led by Paul Bova, Director of Development and/or Dr. GJ de Vreede, Dean, University of South Florida Sarasota-Manatee College of Business. We look forward to seeing what level of impact this has had on area students seeking to enhance their educations and understanding of finance and finance related tools.Financial Markets and the Economy Panels, Talks, and Discussions Include:

 

  • Keynote Speaker: Gretchen Morgenson, The Wall Street Journal: Senior Special Writer, Investigations Unit
  • A Conversation with Susan Harper, Canada’s Consul General in Miami
  • Session I – The Stock Market Matt McAleer, Executive VP & Director of Equity Strategies, Cumberland Advisors Richard Hoey, Senior Economic Advisor to BNY Mellon Wealth Management Adam Johnson, Founder & Author of Bullseye Brief, an Investment News Letter Moderator: Maryanne Waldman, RBC, Boston, MA
  • Session II – Health Hunger and Philanthropy Judith Monroe, President and CEO, CDC Foundation Erin McLeod, CEO, Friendship Centers, Sarasota, FL Lisa Marsh Ryerson, National President, AARP. Formerly, President and CEO, Wells College, Aurora, NY. Gabriel Hament, Cumberland Advisors Moderator: Lisa Shaw, CFP, CIMA, Managing Partner, Cygnus Asset Management, LLC
  • Session III – How the World Looks to Me Leland Miller, CEO, China Beige Book International Paul O’Brien, Former Deputy Chief Investment Officer, Strategy and Planning Department, Abu Dhabi Investment Authority, ADIA. Moderator: John Authers, Author and Bloomberg Columnist

Learn More about Financial Markets and the Economy Financial Literacy Day III at USFSM.

COMMUNITY ENGAGEMENT

 

David R. Kotok speaks to organizers of “Coming Together Against Cancer 2019”, held Saturday, April 13, 9–11:30am at Eloise Werlin Park, Sarasota, FL. CTAC is a donor-driven community uniting donors with pioneering physicians, researchers and institutions as ‘Partners In Discovery’ with the common goal of eradicating cancer. Donors leverage CTAC’s educational resources to make informed decisions and maximize the impact of their philanthropy with 100% donation pass-through and the potential for matching funds. Cumberland Advisors is a proud supporter. Watch the video to learn more or visit http://www.ctac.life

GET TO KNOW CUMBERLAND ADVISORS

Gabriel Hament, an investment advisor representative with Cumberland Advisors, originally joined the firm in late 2015 to assist with Charitable and Foundation Accounts. Gabriel passed the December 2018 Chartered Financial Analyst ® (CFA) Level I examination, the first of three steps toward CFA designation. At Cumberland, Gabriel now works with foundations, independent nonprofits and private individuals to align client investment portfolios with their unique objectives.

Gabriel was previously a political consultant in the Sarasota region, where he supervised and coordinated campaign messaging, fundraising, and field outreach programs. A native of Sarasota, he earned his B.A. in political science with a minor in history as a John V. Lombardi Scholar at the University of Florida.

Gabriel is also a graduate of the Connect Florida Institute, a sister organization of Leadership Florida. The mission of Connect Florida is to educate, engage, and inspire the state’s top emerging leaders.

Additionally, Mr. Hament is a member of the Programming Committee of the Sarasota Tiger Bay Club, which promotes community understanding of current political and social issues through public discourse and the free exchange of ideas. The Sarasota Tiger Bay Club is a nonpartisan political organization established in 1982.

In March 2017 Gabriel was appointed by the Sarasota County School Board to serve as a member of the Financial Advisory Committee (FAC). The FAC was created to provide citizens’ oversight of the district’s use of operating funds from the 1-mill locally voted referendum that was originally approved in 2002 and most recently reauthorized in 2018. The FAC provides oversight for the use of capital funding generated by the district’s share of a one-percent county sales tax. The FAC also monitors the District’s investment accounts ($50 Million Core Portfolio).

Are you with a foundation, independent nonprofit, or are you a private individual looking to align your investment portfolios with your unique objectives? Feel free to contact Gabriel or another investment advisor representative at Cumberland Advisors for an introduction.

 

FEATURED INTERVIEWS



Matt McAleer, Executive Vice President & Director of Equity Strategies for Cumberland Advisors, appears on the TD Ameritrade Network to discuss financial markets with Oliver Renick.

View the discussion by following the link above or here: https://tdameritradenetwork.com

 

Are municipalities ready for climate change? What are the repercussions for credit ratings and bonds? We examined many different angles of climate change during our January 2019 Climate Change summit led by Bob Bunting at the University of South Florida Sarasota-Manatee (USFSM)  including a presentation on conditions in the arctic. We were fortunate to have the opportunity to speak to the featured presenter, Dr. Robert Corell, about his experience in the arctic for a few minutes on camera. David R. Kotok leads the discussion, “What’s Happening in the Arctic,” in this short interview.

ADDITIONAL RESOURCES

 

Lessons from Thucydides

David R. Kotok has written the monograph pamphlet, “Lessons from Thucydides” detailing information asymmetries and their implications for investors and world affairs. The concept of a Thucydides Trap and its rise and avoidability (or lack thereof) is often debated and David makes a case for dealing with them weaving current and historical events into a comprehensive narrative.

Thucydides-Trap

This free monograph also has lessons for President Donald Trump’s trade policy. Can the United States avoid a Thucydides Trap with China & Xi Jinping? Will you benefit from the Lessons of Thucydides or fall victim to a Thucydides Trap? If information is key, you now have a handbook at your fingertips. Download a copy of this monograph in either PDF (free) or Kindle ($.99) format. https://www.cumber.com/thucydides/


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