Yahoo Finance Highlight: FAANG stocks hit hard by U.S.-China trade war

Yahoo Finance Highlight: FAANG stocks hit hard by U.S.-China trade war

August 6, 2019

FAANG stocks hit hard by U.S.-China trade war

Watch the embedded video from Yahoo Finance below.

Tech stocks take a beating as the trade war drags on. Yahoo Finance s Julie Hyman, Adam Shapiro, Sibili Marcellus and David Kotok of Cumberland Advisors discuss.

 


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Yahoo Finance Highlight: Fed Chairs warn Washington that meddling could lead to market instability

Yahoo Finance Highlight: Fed Chairs warn Washington that meddling could lead to market instability

David Kotok on Yahoo Finance - 2019-08-06 12_37_27-Fed Chairs warn Washington that meddling could lead to market instability

Watch the embedded video from Yahoo Finance below.

An unprecedented op-ed in the Wall Street Journal, penned by Former Fed Chairs, call for the Central Bank to remain independent. Yahoo Finance’s Julie Hyman, Adam Shapiro, Sibilie Macellus, Brian Cheung and David Kotok of Cumberland Advisors discuss.

 

 

 


Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.

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Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.




We Are Not Clear About a Future Fed Path, Says Cumberland Advisors’s Kotok

We Are Not Clear About a Future Fed Path, Says Cumberland Advisors’s Kotok

July 31, 2019

David Kotok, chairman and chief investment officer at Cumberland Advisors, discusses the Fed decision and the way forward for markets. He speaks on “Bloomberg Daybreak: Asia.”

Cumberland Advisors's David Kotok - Future Fed Path Is Not Clear – Bloomberg TV

Watch at Bloomberg TV or in the embedded player below.




UBS Sees No Fed Rate Cut Until at Least 2021

UBS Sees No Fed Rate Cut Until at Least 2021

June 18, 2019

David Kotok, Cumberland Advisors Chairman and CIO, and Laura Kane, UBS head of Americas investing themes, discuss their outlook for the Fed. They appear on “Bloomberg Daybreak: Americas.”

David R. Kotok - Fed Rate Cut - Bloomberg

Watch at Bloomberg TV or in the embedded player below.




U.S. Trade Representative is grilled on Capitol Hill about China and Mexico

U.S. Trade Representative is grilled on Capitol Hill about China and Mexico

June 18, 2019

Yahoo Finance - David R. Kotok - U.S. Trade

President Trump’s top trade negotiator Robert Lighthizer was in the Congressional hot seat today facing tough questions from lawmakers on trade and tariffs. Rick Helfenbein, American Apparel and Footwear Association CEO, joins Yahoo Finance’s Julie Hyman and Adam Shapiro, Cornell Capital’s Ann Berry and Cumberland Advisors Chairman David Kotok to talk about the latest trade headlines.

“The tariff wars create winners and losers. You just hear from losers. They’re worried. With good reason. There are no tariffs on the healthcare sector. You can’t name them. It’s 18% of our GDP. In our portfolios, we’re overweight in the healthcare sector. Why? Do we want this tariff war? No. But as a portfolio manager and investment advisor, you have to pick and choose. And tariff wars by definition pick winners and losers and they have unintended consequences. And we’re just seeing the unintended consequences revealed now,” says David R. Kotok.

Watch at Yahoo Finance or in the embedded player below.




Analyst: I’m 50 years in this business. What do I buy, and do I base it on a tweet?

Analyst: I’m 50 years in this business. What do I buy, and do I base it on a tweet?

June 18, 2019

Yahoo Finance - David R. Kotok

Yahoo Finance’s Adam Shapiro and Julie Hyman sit down with David Kotok, Cumberland Advisors Chairman & Chief Investment Officer.

“I won’t take my money and lend it to the United States of America at 2% for 10 years and I won’t pay Austria money to hold money for me and charge me to do so for 100 years. How can I possible do that for a client? So if I won’t do that with my money I’m not going to do it for a client,” says David R. Kotok.

Watch at Yahoo Finance or in the embedded player below.




Trump’s two-front trade war triggers alarms

Excerpt from Politico

By BEN WHITE and ADAM BEHSUDI
05/31/2019 02:30 PM EDT

President Donald Trump’s decision to open a second front in his trade war sent tremors through global markets, unnerved corporate America and spurred economists to raise new warnings about the potential for a sharp economic slowdown just as the 2020 presidential contest heats up.

Trump’s surprise Thursday night threat to impose tariffs — beginning at 5 percent and potentially rising as high as 25 percent on Mexican exports to the United States — also threatened to raise consumer prices on everything from avocados to blue jeans to automobiles.

“This is a colossal blunder,” said David Kotok, chief investment officer at Cumberland Advisors. He said the advice of Peter Navarro, one of Trump’s top trade advisers who favors liberal use of tariffs, “is wrongheaded and sinking his president.”

Read the full story at POLITICO.com .


Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.

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Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.




Markets freak (a little)

Excerpt from Politico Morning Money

By BEN WHITE (bwhite@politico.com; @morningmoneyben) , AUBREE ELIZA WEAVER (aweaver@politico.com; @AubreeEWeaver)
05/08/2019 08:00 AM EDT

Markets freak (a little) — Wall Street finally gave a nod to the possibility that talks with China could fail and President Trump could follow through on his threat of full trade war. But it wasn’t much of a drop.

What happened — Cumberland’s David Kotok tells MM: “The trade war risk is now being confirmed. That is a healthy realization rather than a fantasy goldilocks scenario. It’s about time markets woke up to the reality that a trade war hurts everyone and that includes economic growth, earnings, profits and stock prices worldwide.”

Read the full Morning Money Newsletter at POLITICO.com .


Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.

Sign up for our FREE Cumberland Market Commentaries

Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.




Golden Cross Materializes in S&P 500 Price Action

Golden Cross Materializes in S&P 500 Price Action

Bloomberg Daybreak: Americas

April 2nd, 2019, 9:38 AM EDT

Golden Cross Materializes in S&P 500 Price Action – David Kotok on Bloomberg TV

Philip Camporeale, investment specialist at JPMorgan Asset Management, and David Kotok, chairman and chief investment officer at Cumberland Advisors, discuss the sustained rally in equities. They speak on “Bloomberg Daybreak: Americas.” (Source: Bloomberg)

 

Watch at on Bloomberg.

 




1Q2019 Review: US Equity ETF

The US stock market staged a powerful recovery in the first two months of 2019. This upturn followed promptly on the heels of the Christmas Eve massacre at the end of 2018. We’ve written about the causes of that massacre and can share the discussion with anyone who missed it. Just email me for a copy of the discussion.

Cumberland Advisors - Quarterly Review - US ETF

Cumberland’s US ETF managed accounts were nearly fully invested at yearend. That position was sustained through the first two months of 2019 as the market recovered robustly. At the end of February, we started to realign portfolios and raise some cash reserves. That process has continued into March.

Weekly commentary on the market is available on Cumberland Advisors’ YouTube channel and usually includes Matt McAleer’s weekly summary. Email me if you want to be added to the weekly Cumberland Advisors YouTube channel list.

We are also pleased to be sending our new reporting format to clients and their referring consultants. We hope you find these reports comprehensive and valuable.

As March unfolds, we expect the US stock market to show bouts of increased volatility. We expect that to continue throughout all of 2019. The list of uncertainties includes Fed policy, foreign central banks, and the question of trade war or trade peace. Geopolitical issues rank high was on the list, specifically in Latin America, where developments in our hemisphere impact us directly.

David R. Kotok
Chairman of the Board & Chief Investment Officer
Email | Bio