Tag Archives: tariffs

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As Wall Street Sinks, Trump Is His Own Worst Enemy

Author: , Post Date: April 3, 2018
Cumberland-Advisors-David-Kotok-In-The-News

“I’m taking advantage of these markets and am heavily overweighted financials and banks,” said David Kotok, chairman and chief investment officer Of Cumberland Advisors in Sarasota, Florida. “I didn’t buy today, we’re in freefall, but I might tomorrow.”

Winners and Losers from Global Trade

Author: David L. Blond, Ph.D, Post Date: March 17, 2018

David L. Blond, Ph.D, has a distinguished career in international economics and particularly on the issues of trade. He is the president of QuERI-International, Washington, D.C. He has assessed President Trump’s Tariff and Trade barrier initiative and has articulated some strong opinions. His views are his. They are worth reading and considering in what is […]

The Threat of a Damaging Trade War

Author: Bill Witherell, Ph.D., Post Date: March 9, 2018
Cumberland Advisors Market Commentary - Bill Witherell, Ph.D.

The Trump administration is raising fears of a possible trade war, a development that is unsettling markets around the globe, upsetting some of our closest allies, and causing great concern to both a wide swath of US business leaders and to leaders of the President’s own party. Following the President’s announcement last week that he […]

How tariffs, trade war fears roil U.S. financial markets

Author: , Post Date:
Cumberland-Advisors-David-Kotok-In-The-News

Excerpt below: Trump has stood by the tariffs, despite resistance from his fellow Republicans and other countries, which have vowed to respond with levies of their own, and on Thursday, Trump pressed ahead with the imposition of 25 percent tariffs on steel imports and 10 percent for aluminum. But he exempted Canada and Mexico, backtracking […]

Dow drops more than 400 points after Trump’s announcement on tariffs

Author: , Post Date: March 2, 2018
Cumberland Advisors John Mousseau

Excerpt below John Mousseau of Cumberland Advisors in Sarasota says it’s been a volatile day and week on Wall Street. Markets are plunging on news of the U.S. imposing tariffs on steel and aluminum imports next week. President Trump’s announcement comes after a disagreement among him and his advisers on whether the U.S. should crack […]

Trump, Protectionism, Triumph or Truculence?

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

“16 US steel stocks market cap up $1B as a result of tariff announcement today. Rest of S&P 500 down $400B. “Making Americans Poor Again.” (H/T Smails)”. – Doug Kass, March 2, 2018 Readers are invited to research the following words: protectionism, tariffs, quotas, trade barriers, Smoot, Hawley, history, learning from history, lessons of the […]