Tag Archives: Bonds

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Why the Yield Curve is Flat & Why It May Steepen

Author: David R. Kotok, Post Date: August 7, 2018
Cumberland Advisors Market Commentary by David Kotok

We will offer readers a few references so they can become quick studies on why certain changes in the tax code are distorting the shape of the yield curve (flattening it) and why that distorting effect will change in about six weeks. The first link is to BDO. It describes the defined-benefit pension plan funding […]

Western Trip-Part 1

Author: David R. Kotok, Post Date: July 16, 2018
Cumberland Advisors Market Commentary by David Kotok

We’re back. During travels in four states (CO, ID, UT, WY) and participating in the Rocky Mountain Summit public conference, two private roundtables, client meetings, and prospect presentations, I encountered hundreds of business-people, econ and financial types, legal and accounting professionals, and others. They mostly leaned Republican; most were Trump voters; and most were high-income […]

College and University Endowment Funds, Vanguard and the 60/40 Model

Author: Gabriel Hament, Post Date: June 26, 2018
Gabriel Hament, Foundations and Charitable Accounts, Cumberland Advisors

At the conclusion of each fiscal year, Commonfund and the National Association of College and University Business Officers (NACUBO) team up and publish a study analyzing the return and asset-allocation metrics across the country’s higher education endowment funds. They refer to this annual analysis as the NACUBO-Commonfund Study of Endowments® (NCSE).[1] For FY2017 (July 1, […]

Mousseau takes the helm of Cumberland Advisors

Author: , Post Date: June 1, 2018
The Bond Buyer - Mousseau takes the helm of Cumberland Advisors

John Mousseau, who has more than three decades in the investment management industry, has been chosen to take the helm of Cumberland Advisors, where he has spent nearly the last 18 years as portfolio manager and director of fixed income. “The best way to insure the continuous delivery of a high level of quality service […]

Wizman, Kotok, Caron on Treasury Yields, Investor Concerns in the Bond Market

Author: , Post Date: May 21, 2018
Cumberland Advisors & David Kotok - Bonds -Live TV - Bloomberg

Wizman, Kotok, Caron on Treasury Yields, Investor Concerns in Bond Market Bloomberg Markets May 17th, 2018, 10:49 AM EDT Thierry Wizman, Macquarie Capital global interest rates and currencies strategist, David Kotok, Cumberland Advisors chairman and chief investment officer, and Jim Caron, Morgan Stanley Investment Management managing director, discuss the U.S treasury yield short and long […]

SPIVA and Active Bond Management

Author: Gabriel Hament, Post Date: March 27, 2018
Gabriel Hament, Foundations and Charitable Accounts, Cumberland Advisors

Active Equity Fund Managers Stuck in the Rough, While Active Bond Managers Tend to Stay on the Fairway Since the launch of the State Street Global Advisors S&P 500 exchange-traded fund (SPY) in 1993, passive, index-replication portfolio construction has been widely adopted and represents the common investing experience of John and Jane Q. Public. Passive […]

Trump Infrastructure – First Take

Author: Patricia Healy, CFA, Post Date: February 12, 2018
Cumberland Advisors Market Commentary by Patricia Healy, CFA

The President’s infrastructure vision is now in the hands of Congress, which is tasked with devising a plan that promotes investment in our nation’s well-being. The vision includes over $1 trillion in investment over the next ten years. Infrastructure investment is sorely needed, as is demonstrated by the Association of Civil Engineers’ report card on […]

What Higher Yields Mean for Stock and Bond Portfolios

Author: , Post Date: February 6, 2018
Cumberland-Advisors-Leo-Chen-In-The-News

Excerpt below: “Generally, when central banks pull back on stimulus that ultimately is the catalyst that brings growth to an end,” says Jeff Klingelhofer, a portfolio manager at Thornburg Investment Management. “The major story the next couple of years will be watching central banks.” Also adding upward pressure on Treasury yields is an increase in […]

G7 Government Bond Yields.

Author: , Post Date: May 19, 2017

A G7 Bond is a government bond issued by a member nation of the Group of Seven consisting of Canada, France, Germany, Italy, Japan, the United States or the United Kingdom. Bonds issued by G7 nations are seen as stable, low-risk investments.