Tag Archives: Bonds

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Cumberland Advisors Market Commentary – The Muni Meltdown Timeline (and the Opportunity It Presents)

Author: John R. Mousseau, CFA, Post Date: March 27, 2020
CA-Market-Commentary-The Muni Meltdown Timeline (and the Opportunity It Presents)

The Municipal Bond Market has suffered one of the most dramatic back-offs it has ever seen; and it was accomplished in about nine business days. The rise in yields has been dramatic and fierce and had lots of elements to it. This is a quick synopsis of some of the muni meltdown. As of Monday […]

Cumberland Advisors Market Commentary – COVID-19 and Municipal Credit Quality

Author: Patricia Healy, CFA, Post Date: March 2, 2020
Market Commentary - Cumberland Advisors - COVID-19 and Municipal Credit Quality

Until recently it was unclear if the new coronavirus would reach the United states. Now we have 88 reported cases in the US, at least two without a clear connection to travel to China, and as of Sunday night two deaths; so we feel it is time to comment on the ability of US municipalities […]

Cumberland Advisors President & CEO discusses worst week on Wall Street since 2008 financial crisis

Author: , Post Date: February 29, 2020
Cumberland Advisors President & CEO discusses worst week on Wall with Grant Boxleitner- Suncoast News

Cumberland Advisors President & CEO discusses worst week on Wall Street since 2008 financial crisis with Grant Boxleitner. SARASOTA – After stocks wrapped up the biggest weekly losses since the 2008 financial crisis, Cumberland Advisors President, CEO & Director Of Fixed Income John  Mousseau talked about the volatility with SNN’s Grant Boxleitner. (Watch in the […]

The Great Bond Party of 2019 Is Ending

Author: , Post Date: January 20, 2020
Cumberland Advisors John Mousseau

Excerpt from… The Great Bond Party of 2019 Is Ending With Federal Reserve rate cuts behind us and recession fears waning, don’t expect much from bond funds this year. By Carla Fried – Published Jan. 17, 2020 – Updated Jan. 18, 2020 Economic worries last year turned out to be great news for bond investors. […]

Cumberland Advisors Market Commentary – 2019: Bonds Roar Back

Author: John R. Mousseau, CFA, Post Date: January 13, 2020
2019 Bonds Roar Back

2019 saw bond yields turn around from their climb in 2018 and move lower. Since the Federal Reserve changed their language last December to being accommodative and data-driven, we have seen yields across the board come down a lot. There is no question that this drop in yields was driven, in large part, by what […]

SALT-Fueled Rally in Muni Market Faces Tax-Day Test

Author: , Post Date: April 1, 2019
Cumberland Advisors John Mousseau

Excerpt from bloomberg.com article, SALT-Fueled Rally in Muni Market Faces Tax-Day Test By Amanda Albright April 1, 2019 The rally in the $3.8 trillion municipal-bond market is about to face a major tax-season test. All year, analysts have credited the $10,000 cap on state and local tax deductions for driving a record-setting amount of cash […]

The Fed Is Guessing As it Plays With Fire: David Kotok (Radio)

Author: , Post Date: January 29, 2019
Cumberland's David Kotok on Bloomberg Radio

David Kotok, Chairman & Chief Investment Officer of Cumberland Advisors, on what to expect from the FOMC, balance sheet, and the outlook for bonds and markets. Hosted by Abramowicz and Paul Sweeney. Running time 12:42   LISTEN HERE: Bloomberg Radio NOTE: Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of […]

Buyer Beware

Author: Shaun Burgess, Post Date: January 17, 2019
Cumberland Advisors - Shaun Burgess - Portfolio Manager & Fixed Income Analyst

In a move that caught many observers by surprise, the Federal Oversight and Management Board (FOMB), which was created to oversee the restructuring of the Commonwealth of Puerto Rico, has requested that Judge Swain invalidate more than $6 billion of the territory’s debt. The move would affect uninsured general-obligation bonds issued in 2012 and after. […]