Tag Archives: Hurricane Michael

image_pdfimage_print

California, Land of Natural Disasters?

Author: Patricia Healy, CFA, Post Date: November 13, 2018
Market Commentary - Cumberland Advisors - California, Land of Natural Disasters

Last week we conducted a review of our California municipal bond holdings along the San Andreas Fault looking for holdings that may be more susceptible to credit deterioration in the event of a disaster. At the time, little did we know that wildfires would engulf large swaths of California. First, our hearts and prayers go […]

Responses to Climate Change & Markets

Author: David R. Kotok, Post Date: November 1, 2018
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 […]

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 […]

Markets & Cognitive Epistemology

Author: David R. Kotok, Post Date: October 19, 2018
Market Commentary - Cumberland Advisors - Markets & Cognitive Epistemology

We want to open a discussion about cognitive epistemology, invoking behavioral economics and translating our conclusions into a market strategy at the end. Epistemology is the study of how we know what we know – or really, what we think we know. Here is a precise definition: “the theory of knowledge, especially with regard to […]

Hurricane Michael and Bond Portfolio Management

Author: Patricia Healy, CFA, Post Date: October 17, 2018
Cumberland Advisors Market Commentary

The devastation from Michael in terms of lives and property damage is still being assessed. Our hearts go out to those affected. We have written (http://www.cumber.com/wildfires-abound/) about the general uptick in economic activity in a municipality after a storm or other natural disaster and the resulting maintenance of credit ratings. However, there could be a period […]