Tag Archives: Trade

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‘That was shocking’: Strong job gains give GOP extra fuel heading into Election Day

Author: , Post Date: November 5, 2018
Cumberland-Advisors-David-Kotok-In-The-News

Excerpt from The Washington Post, ‘That was shocking’: Strong job gains give GOP extra fuel heading into Election Day By Heather Long and Danielle Paquette November 2, 2018 Hiring surged and wages grew more than they have in almost a decade, the government said Friday in a report seized on by Republicans just before the […]

David Kotok: Market norms are being restored; expect single-digit returns – Money Life (Radio)

Author: , Post Date: November 1, 2018
David-Kotok-Radio-Money-Life-Blue

Kotok: the market is getting back to normal, & while it might be some new normal, it will have the traditional long-term returns of 8-10% for large-cap domestic stocks & lower single-digits for bonds, & he noted that correcting expectations should help investors find satisfaction in the market ahead.

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 […]

Something Fishy

Author: David R. Kotok, Post Date: August 14, 2018
Cumberland Advisors Market Commentary by David Kotok

Let’s see. An American company with American employees catches fish. It ships the fish to China. China imposes a tariff or retaliatory tariff when the fish arrives from America. A Chinese company processes the fish and creates frozen fish sticks. The company in China is an American investment, and the labor in China is available […]

Whack a Mole

Author: Robert Eisenbeis, Ph.D., Post Date: July 25, 2018
Cumberland Advisors Market Commentary by Robert Eisenbeis, Ph.D.

In the latest on US trade policy, we are now starting to see the economic consequences of starting a tariff war. Farmers have been complaining that they are being hurt irreparably by the imposition of tariffs in retaliation for the tariffs being imposed on China and our allies. The Trump administration is now proposing to […]

Fed Independence

Author: Robert Eisenbeis, Ph.D., Post Date: July 23, 2018
Cumberland Advisors Market Commentary by Robert Eisenbeis, Ph.D.

In the wake of the turmoil in Washington, DC, over his performance in Helsinki, President Trump also took a sideswipe at the Federal Reserve, criticizing the FOMC’s recent efforts to normalize policy.

Most presidents – though not all – have understood that Fed independence ensures separation from the Treasury and serves as a check on fiscal excesses. When a central bank takes orders from the fiscal side of government, history shows that inflation and economic decline soon follow.