The Stock Market fell sharply today, the Dow’s biggest point drop in history, with the S&P 500 and Nasdaq also way down.
The trend continues the sharp sell-off in the markets that began on Friday.
John Mousseau, Executive Vice President and Director of Fixed Income at Cumberland Advisors in Sarasota, speaks more on the subject.
“When you get those kind of sharp moves and sharp volatility, you usually get somewhat of a rebound in here, and when you think about it, the big picture hasn’t changed. You have companies that are going to benefit from the tax cuts, you have lower unemployment, you have slightly greater labor participation rate. More people are looking for jobs. That’s good. So the big picture hasn’t changed. I think the market got a little ahead of itself and the bond market sent them a message,” says John Mousseau.
The original new story is on SNN TV’s website.Posted on: 02/06/2018 Watch Video
Robert Eisenbeis, vice chairman at Cumberland Advisors, talks about potential choices to serve as Federal Reserve Vice Chairman and how changes at the Fed can impact monetary policy. He speaks on “Bloomberg Markets: European Close.”Posted on: 01/09/2018 Watch Video
Bob Eisenbeis, vice chairman at Cumberland Advisors, discusses the Fed’s jobless rate forecast for 2018. He speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)
Watch below or at Bloomberg: https://www.bloomberg.com/news/videos/2017-12-14/cumberland-s-eisenbeis-on-fed-jobless-rate-forecast-videoPosted on: 12/13/2017 Watch Video
Shaun Burgess speaks with CNN about the current state of Puerto Rico Debt and Bonds in response to recent comments by President Trump.
Trump said “we are going to work something out. We have to look at their whole debt structure. They owe a lot of money to your friends on Wall Street. We will have to wipe that out. It’s going to have to be. You can say goodbye to that”. He added, “I don’t know if it’s Goldman Sachs but whoever it is, you can wave goodbye to that. The debt was massive on the island”.
Watch below or on Snappy TV.Posted on: 10/04/2017 Watch Video
Fed’s Stanley Fischer has resigned effective in mid-October, giving President Trump scope to start reshaping the leadership of the U.S. central bank sooner than expected. Cumberland Advisors Vice Chairman and Chief Monetary Economist Robert Eisenbeis weighs in on “Bloomberg Daybreak: Australia.” (Source: Bloomberg)
Hurricane Irma is heading toward Florida. Bloomberg’s Michael McKee, David Kotok, chairman and chief investment officer at Cumberland Advisors, and others examine the potential economic impact of the storm on “Bloomberg Surveillance.” (Source: Bloomberg)
Watch the video in full screen at Bloomberg TV.Posted on: 09/06/2017 Watch Video
Michael McNiven, Ph.D. of Cumberland Advisors talks with John Dobosz, deputy editor of investing content for Forbes Media, during The MoneyShow San Francisco 2017 in a series of two interviews. (SOURCE: MONEYSHOW)
Discussed in the first interview are bonds, bond portfolios, municipal bonds, what is an active manager, credit quality, long bonds, short bonds, interest rates, duration, aggregate value, mutual funds, separately managed accounts, dividends, risk profiles, and more.
Among the topics discussed in the second interview are fiduciaries, broker-dealers, SEC registered investment advisors, suitability standards, conflicts of interests, trust, competence, the fiduciary role, and where the industry is going.
Learn more about Michael McNiven here: http://www.cumber.com/team/michael-d-mcniven/Posted on: 08/28/2017 Watch Video
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