Tag Archives: BREXIT

image_pdfimage_print

Cumberland’s Kotok Sees a Need to Expand Uncertainty Premium

Author: , Post Date: January 29, 2019
C:\Temp\Cumberland's Kotok Sees a Need to Expand Uncertainty Premium – Bloomberg TV

Cumberland’s Kotok Sees a Need to Expand Uncertainty Premium Bloomberg Daybreak: Americas January 29th, 2019, 8:56 AM EST David Kotok, chairman and chief investment officer at Cumberland Advisors, discusses the issues to watch for in the current earnings season. He speaks on “Bloomberg Daybreak: Americas.” (Source: Bloomberg)   Watch on Bloomberg’s site or embedded below: […]

European Growth Concerns Deepen

Author: William Witherell, Ph.D., Post Date: January 28, 2019
Cumberland Advisors Market Commentary by Bill Witherell, Ph.D.

The latest economic indicators reveal that the economic slowdown in Europe persists. President Draghi of the European Central Bank (ECB) has underlined the continued weakness, expectations for softer near-term growth, and downside risks. The International Monetary Fund (IMF) has lowered its economic projections for the euro area. Political uncertainties in Europe add to the headwinds […]

The Global Economy Moderation & International Equity Markets

Author: William Witherell, Ph.D., Post Date: December 18, 2018
Market Commentary - Cumberland Advisors - The Global Economy Moderation and International Equity Markets

As 2018 draws to a close, economic growth in almost all economies, including that of the US, is moderating but is still expansionary and in most cases remains above long-term trends.   For the year 2018 as a whole, global growth looks likely to be the same as for 2017, 3.7%, with advanced economies advancing […]

Eurozone Equity Markets Face Political Headwinds

Author: William Witherell, Ph.D., Post Date: November 30, 2018
Market Commentary - Cumberland Advisors - Eurozone Equity Markets Face Political Headwinds

Eurozone equity markets have had a difficult year thus far, losing some 13.2% as of November 28, as measured by the iShares MSCI Eurozone ETF, EZU. While a slowing economy and a 6% weakening of the euro offer a partial explanation of the US-dollar return from these markets, a number of political uncertainties appear to […]

A messy Brexit is the last thing Wall Street needs

Author: , Post Date: November 18, 2018
Cumberland Advisors William Bill Witherell Ph.D.

A messy Brexit is the last thing Wall Street needs By Matt Egan and Jordan Valinsky, CNN Business Sunday, November 18th 2018, 2:32 AM HST The odds of a messy Brexit, where Britain leaves the European Union without a transition deal, have increased significantly. Such an outcome would be destabilizing and create enormous uncertainty. And […]

Brexit turmoil: Here’s what’s at stake if U.K.’s May faces a leadership challenge

Author: , Post Date: November 16, 2018
Cumberland Advisors William Bill Witherell Ph.D.

Excerpt below from: “Brexit turmoil: Here’s what’s at stake if U.K.’s May faces a leadership challenge” Published: Nov 16, 2018 1:35 p.m. ET, by Anneken Tappe In could be a tense weekend for currency traders and others keeping a close eye on the political turmoil surrounding the British government’s efforts to negotiate its exit from […]

BREXIT Breakthrough Followed by Threat of Breakdown

Author: William Witherell, Ph.D., Post Date:

On November 13, British Prime Minister Theresa May and her Brexit negotiating team reached agreement with the European Union (EU) negotiators on a draft withdrawal treaty. The next day, after a very difficult five-hour meeting, May secured the agreement of her cabinet. Following the cabinet meeting, she told reporters “The choice before us is clear: […]

Eurozone Economy’s Expansion Ongoing and Broad-Based, Downside Risks Worrying

Author: Bill Witherell, Ph.D., Post Date: September 24, 2018
Cumberland Advisors Market Commentary - Bill Witherell, Ph.D.

The European Central Bank (ECB) left its monetary policy stance unchanged at its September 13 meeting. Net asset purchases will end in December, but with the Bank’s maintaining its stock of assets, the reinvestment of redemptions will maintain substantial stimulus. No increase in policy interest rates is signaled until at least after the end of […]

Difficult Quarter for Eurozone Stocks

Author: Bill Witherell, Ph.D., Post Date: June 28, 2018
Cumberland Advisors Market Commentary - Bill Witherell, Ph.D.

Eurozone equity markets have encountered significant headwinds in the second quarter of this year despite continued robust economic growth above estimated potential for most Eurozone economies. The continued strength of the Eurozone economies is emphasized in this month’s “OECD Economic Surveys: Euro Area.”[i] These economies have been growing since 2014. “GDP growth is expected to […]