Excerpt from Politico By BEN WHITE 10/03/2019 Stocks keep tanking — The Dow is down about 800 points over the last two days. President Trump blamed Democrats and the impeachment battle but it’s much more complex than that. The sharp declines began with the terrible manufacturing number. Market analysts MM spoke to attributed the swoon […]
Matt McAleer, Executive Vice President & Director of Equity Strategies for Cumberland Advisors, appears on the TD Ameritrade Network, September 26th, to discuss investing in international equities. View the interview here: https://tdameritradenetwork.com You can watch Matt’s deliver weekly updated market commentary here on Cumberland Advisors’ YouTube Channel.
Excerpt from Politico By BEN WHITE 09/12/2019 MORE FED BASHING — It’s old hat by now. But Trump went hard after the central bank again on Wednesday, calling Chair Jay Powell and his colleagues “Boneheads” for not cutting rates to zero or below. Interest rates, of course, are not the problem with the economy. And […]
Excerpt from The Fiscal Times By Michael Rainey 09/11/2019 President Trump blasted the “boneheads” at the Federal Reserve Wednesday for failing to reduce interest rates to zero or below. “The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE […]
Excerpt from Politico By QUINT FORGEY 09/11/2019 President Donald Trump on Wednesday called on the Federal Reserve to slash U.S. interest rates “down to ZERO,” admonishing chairman Jerome Powell and other leaders of the U.S. central bank as “Boneheads.” “The Federal Reserve should get our interest rates down to ZERO, or less, and we should […]
Trump’s trade war with China is starting to get out of hand Excerpts below. By Matt Egan, CNN BusinessMonday, Aug 5th 2019 New York (CNN Business)The US-China trade war has always been serious. Now it’s starting to get scary. China allowed its currency to drop sharply on Monday to the weakest level in more than […]
We Are Not Clear About a Future Fed Path, Says Cumberland Advisors’s Kotok July 31, 2019 David Kotok, chairman and chief investment officer at Cumberland Advisors, discusses the Fed decision and the way forward for markets. He speaks on “Bloomberg Daybreak: Asia.” Watch at Bloomberg TV or in the embedded player below.
Excerpt from “The Bond Buyer”… Shocking surge: Municipal bonds strength based on several fluid factors By Chip Barnett July 01 2019 With under a $1 billion of bonds and notes selling this week, municipal bond investors were looking beyond the week’s offerings — to fundamentals and performance. So far this year, muni yields have declined […]