Tag Archives: Federal Reserve

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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 November FOMC and the Election

Author: Robert Eisenbeis, Ph.D., Post Date: November 2, 2018
Federal Reserve - FOMC

The November FOMC meeting is scheduled for November 7 & 8, one day after the November 6 midterm election. We are not looking, then, at the possibility of any further FOMC action on interest rates that might influence the election one way or another, but what about after the election? Is the FOMC likely to […]

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 […]

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 […]