Tag Archives: Federal Deficit


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.

The Dollar Got Roughed Up Last Year

Author: , Post Date: January 14, 2018

Excerpt below: The dollar fell some 10% against a basket of currencies last year, the first annual decline in five years. Where’s the greenback heading? David Kotok – Chairman and chief investment officer, Cumberland Advisors  “The dollar is in the cross hairs of conflicting forces: central banks normalizing or not normalizing conflicts with accelerating U.S. growth. […]