Tag Archives: United Kingdom

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The Global Economy Moderation & International Equity Markets

Author: William Witherell, Ph.D., Post Date: December 18, 2018
Market Commentary - Cumberland Advisors - The Global Economy Moderation and International Equity Markets

As 2018 draws to a close, economic growth in almost all economies, including that of the US, is moderating but is still expansionary and in most cases remains above long-term trends.   For the year 2018 as a whole, global growth looks likely to be the same as for 2017, 3.7%, with advanced economies advancing […]

Eurozone Equity Markets Face Political Headwinds

Author: William Witherell, Ph.D., Post Date: November 30, 2018
Market Commentary - Cumberland Advisors - Eurozone Equity Markets Face Political Headwinds

Eurozone equity markets have had a difficult year thus far, losing some 13.2% as of November 28, as measured by the iShares MSCI Eurozone ETF, EZU. While a slowing economy and a 6% weakening of the euro offer a partial explanation of the US-dollar return from these markets, a number of political uncertainties appear to […]

BREXIT Breakthrough Followed by Threat of Breakdown

Author: William Witherell, Ph.D., Post Date: November 16, 2018

On November 13, British Prime Minister Theresa May and her Brexit negotiating team reached agreement with the European Union (EU) negotiators on a draft withdrawal treaty. The next day, after a very difficult five-hour meeting, May secured the agreement of her cabinet. Following the cabinet meeting, she told reporters “The choice before us is clear: […]