Tag Archives: David Kotok


Deficit, Fed, Post-Midterms

Author: David R. Kotok, Post Date: November 7, 2018
Market Commentary - Cumberland Advisors - Deficit, Fed, Post-Midterms

For the next few years, the increased debt financing of the United States will not be a problem for markets. That will remain the case as long as the US dollar is the unchallenged world reserve currency, as it has been for decades. When you survey the world and look at other countries’ economic systems and current situations, the US emerges as the best or, if you are a hand-wringing detractor, the least troubled.

‘That was shocking’: Strong job gains give GOP extra fuel heading into Election Day

Author: , Post Date: November 5, 2018

Excerpt from The Washington Post, ‘That was shocking’: Strong job gains give GOP extra fuel heading into Election Day By Heather Long and Danielle Paquette November 2, 2018 Hiring surged and wages grew more than they have in almost a decade, the government said Friday in a report seized on by Republicans just before the […]

David Kotok: Market norms are being restored; expect single-digit returns – Money Life (Radio)

Author: , Post Date: November 1, 2018

Kotok: the market is getting back to normal, & while it might be some new normal, it will have the traditional long-term returns of 8-10% for large-cap domestic stocks & lower single-digits for bonds, & he noted that correcting expectations should help investors find satisfaction in the market ahead.

Responses to Climate Change & Markets

Author: David R. Kotok, Post Date:
Market Commentary - Cumberland Advisors - Climate Change & Markets Responses

We thank readers for their many comments and criticisms regarding our commentary on climate change and markets. For those who missed the original piece, here is the link: “Climate Change & Markets,” https://www.cumber.com/climate-change-markets/. There were diverse responses ranging from total disagreement to full endorsement. No one offered observations about the market section. Many agreed that […]

Markets to Head Higher After Rocky Period (Radio)

Author: , Post Date: October 31, 2018
Cumberland's David Kotok on Bloomberg Radio

David Kotok, Chief Investment Officer/Co-Founder, Cumberland Advisors, joined Bryan Curtis and Rishaad Salamat on Daybreak Asia. He says the fundamental issue for markets is still trade, he goes on to say whatever the outcome of the midterm elections, we will then have clarity for the next two years. “Just lifting the uncertainty, I believe, will […]

Talking Stock Market with Matt McAleer

Author: David R. Kotok, Post Date: October 26, 2018

Talking stock markets this morning with Matt McAleer in our shop. Bullets: 1 These kinds of negative weekly momentum extremes have been profitable entry points in the past. 2. “The Trump bump has become the Trump dump” according to one editorial. Trump rhetoric is being dismissed by market agents as pure politics. 3. When election […]

Big day in Fed Land

Author: , Post Date: October 25, 2018

Cumberland’s David Kotok emails on Clarida’s speech: “He is a prominent figure in the market community. He is known as thoughtful and a centrist. While I believe he doesn’t personally like Trump’s Fed bashing, I do not expect Clarida to refer to it. “He knows he is speaking for worldwide consumption and he knows these words he offers in his first speech can either inflame markets or calm them. I expect his remarks to be well received and carefully crafted. That is exactly what is needed given the President’s unseemly Fed bashing rhetoric.”

Climate Change & Markets

Author: David R. Kotok, Post Date: October 23, 2018
Market Commentary - Cumberland Advisors - Climate Change & Markets

Why did Hurricane Michael intensify so quickly? And why was the Western US so hot and dry this summer? And what about climate change all across the rest of the global landscape and seascape? And what do I do with my portfolio? There are still many climate change deniers. But that cohort shrinks as more […]