Cumberland Advisors Week in Review (Oct 15, 2018 – Oct 19, 2018)

Author: Cumberland Advisors, Post Date: October 21, 2018

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




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Fed Expected to Say Policy Will Be ‘Data Dependent,’ Cumberland’s Eisenbeis Says

Robert Eisenbeis, vice chairman of Cumberland Advisors and a former Atlanta Federal Reserve research director, talks about the central bank’s policy.

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  • Q3 2018 Municipal Credit Commentary

    Patricia Healy, CFA 9/28/2018

    In addition to the SCOTUS rulings, Q2 was notable because all states passed budgets on time or nearly on time – even the states notorious for passing late budgets, such as Illinois, Connecticut, and Pennsylvania. Common threads for this phenomenon include election-year politics, good revenue growth driven by a generally improved economy, and the acceleration of tax collections in 2017 due to the Tax Cut and Jobs Act.

  • The Tale of Two Ratios: Shorter and Longer

    John R. Mousseau, CFA 9/28/2018

    In a year when we have seen commentators talking about the relative flatness of yield curves, we have a conundrum when we look at the US Treasury yield curve & US muni yield curve.

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Cumberland Advisors
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