Tag Archives: Federal Reserve


Doc Holliday, Jay Powell, Donald Trump & The Piano

Author: David R. Kotok, Post Date: October 12, 2018
Cumberland Advisors Market Commentary by David Kotok

“Ready, Fire, Aim”? In Understanding and Managing Public Organizations, Hal Rainey makes the point that “the intangible issues of culture, values, human relations – matters that many managers regard as fuzzy and unmanageable – can and must be skillfully managed.” The contrary approach, which is favored by many companies and government agencies, can be summarized […]

The Fed Isn’t Crazy, Trump’s Trade War Is: David Kotok (Radio)

Author: , Post Date:

David Kotok, Chairman & Chief Investment Officer at Cumberland Advisors, on the market selloff, Trump blaming the Fed, and his current economic outlook. Hosted by Pimm Fox and Lisa Abramowicz. Running time 06:48 LISTEN HERE: https://www.bloomberg.com/news/audio/2018-10-11/the-fed-isn-t-crazy-trump-s-trade-war-is-david-kotok-radio NOTE: Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided […]

FOMC Closes Out Q3 2018

Author: Robert Eisenbeis, Ph.D., Post Date: September 28, 2018
Federal Reserve - FOMC

As Treasury markets had correctly predicted, the FOMC raised its target range for federal funds by 25 basis points to 2.0%–2.25% at its meeting on Wednesday, Sept. 26. Perhaps more importantly, it also deleted the observation that policy remains accommodative, though Chairman Powell went out of his way in his opening remarks to point out […]

It’s in the Stars

Author: Robert Eisenbeis, Ph.D., Post Date: August 27, 2018
Cumberland Advisors' Bob Eisenbeis

As is the custom for Fed chairs, Chairman Powell provided the kickoff address to the Kansas City Fed’s annual Jackson Hole symposium, broadly attended by many of the world’s central bankers. For those who are unfamiliar with the conference, the papers presented are generally conceptual economic policy documents with a distinctly longer-run, bigger-picture focus rather […]

From the Maine Outpost: The Corporate Bond Market – A Frog in Boiling Water?

Author: , Post Date: August 24, 2018

By Jeanine Prezioso Federal Reserve monetary policy and its anticipated effects – in addition to the debate over who caught the largest salmon or smallmouth bass – was one of the many discussions bandied about in the northeast Maine woods earlier this month at Camp Kotok, an annual gathering of economists, pundits and investment professionals […]

Market milestone: This is the longest bull run in history

Author: , Post Date: August 22, 2018

Excerpt from “Market milestone: This is the longest bull run in history” by Matt Egan  ( @MattEganCNN) “While this bull market and economic recovery may very well be old,” LPL Financial strategists wrote to clients, “we see few signs that suggest an end is near.” David Kotok, chairman and chief investment officer of Cumberland Advisors, […]