Since 1973, Cumberland Advisors has been a trusted source for market expertise, personal service, and individual and institutional money management. We are an independent, fee-for-service money management firm managing over $3 billion in assets.
The Bloomberg Close ended its April 22 daily report with the following: “What retirement? For the first time in 57 years, the participation rate in the U.S. labor force of retirement-age workers has cracked the 20% mark, according to a new report. As of February, the ranks of people 65 or older who are working […]
Two members of the research department of the Banque de France have published an interesting note important to US investors. We applaud the work of Cristina Jude and Francesco Pappada. The title is “Does the Trump corporate tax reform impact the composition of the US current account?” Here is a direct link to their paper: […]
Declining home prices aren’t necessarily a bad thing, Mousseau says. “I think what you’ll see is a realignment of house prices,” he says. “The idea that house prices can go up 6 or 7 percent a year — I think that’s going to go away.”
With the desire to finance both an increasing deficit and an increase in government services, politicians are searching far and wide for funds. Increasingly, proposals are surfacing to tax wealth rather than income as the means to fund pet projects. The proposals attract followers since unequal distribution of wealth is viewed as a problem that […]
Excerpt from the Sarasota Herald-Tribune Tax the rich? Check the facts first Posted Feb 4, 2019 at 2:01 AM by Robert Eisenbeis, Ph.D. As the political season begins to heat up for 2020, we have seen an increasing number of proposals to provide free education, free health care, a universal guarantee of a living wage, […]
As the political season begins to heat up for 2020, we have seen an increasing number of proposals to provide free education, free healthcare, a universal guarantee of a living wage, etc. With an historic level of public debt topping $21 trillion and a deficit of nearly $1 trillion and projected to climb even more […]
David Kotok speaks with Bloomberg’s Tim Fox and Tom Keene Tune in around the 24:50 mark to hear David weigh in on the “bogeys for the next several years” and the view that the long party is over. He also talks about takeaways from Camp Kotok and Leen’s Lodge. Tune in at 20:22 to hear […]
David Kotok speaks with Bloomberg’s Tim Fox and Tom Keene David was asked, “Where are you within your portfolio: cash, bonds, equities?” David responds, “ Bonds, barbelled, that’s an easy one and we’ve been in that mode for a while and we’re going to stay there. In our Leveraged Volatility, that’s a high-frequency trading strategy, […]
Excerpt below. Politico asked for responses to CEA Chair Kevin Hassett appearing to spike the ball on tax cut-induced growth. David Kotok was among the top responses. Cumberland Advisors’ David Kotok: “There is TrumpHateconomics and TrumpLoveconomics. But both use political narrative for data so both are wrong on forecasts and long on hyperbole. In the […]
VITA stands for “Volunteer Income Tax Assistance.” There are additional specialized programs like it. The key to success of the new tax reform law is to have these programs used. Why? For folks like me, the cut in my taxes means I will have a few thousand more dollars to save or invest. It is […]
