Tag Archives: William Witherell

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Cumberland Advisors Market Commentary – Eurozone Economy Risks A Decline With Divided Central Bank

Author: William Witherell, Ph.D., Post Date: October 4, 2019
Cumberland Advisors Market Commentary by William "Bill" Witherell, Ph.D.

The latest September data for the eurozone economy from IHS Markit present a deteriorating picture, with the demand for goods and services falling at its fastest rate in over six years and a deepening recession in manufacturing. Sentiment about the future, affected by concerns about global growth prospects, trade wars, and geopolitical uncertainties, remains at […]

Cumberland Advisors Market Commentary – 3Q 2019 Review: International Equity ETF

Author: William Witherell, Ph.D., Post Date: September 19, 2019
Cumberland Advisors Market Commentary by William "Bill" Witherell, Ph.D.

With just nine market days remaining in the third quarter, international equity markets (those outside the US) are coming to the close of another quarter of high volatility. Market volatility continues to be driven by the destabilizing effects of the escalating US-China trade and technology disputes, as well as unresolved trade issues the US has […]

Cumberland Advisors Market Commentary – Britain’s Constitutional Crisis

Author: William Witherell, Ph.D., Post Date: September 4, 2019
BREXIT

“A constitutional outrage” exclaimed the traditionally neutral House of Commons Speaker, John Bercow. “An affront to democracy … an intolerable attempt to silence Parliament,” declared the editorial in the August 29th Financial Times. These were reactions to Prime Minister Boris Johnson’s request to the queen to shut down the UK Parliament for five weeks, via […]

Cumberland Advisors Market Commentary – Cry for Argentina

Author: William Witherell, Ph.D., Post Date: August 19, 2019

Argentina’s primary election on Sunday, August 11, surprised everyone and shocked markets as the current president, Mauricio Macri, was defeated by 15.6 percentage points by the left-wing Peronist candidate, Alberto Fernandez. Macri now appears to have only a very slim chance to win the October 27 presidential election. His tough austerity measures, which were needed […]

Cumberland Advisors Market Commentary – Draghi Signals “You Go First” to the Fed While Johnson Threatens

Author: William Witherell, Ph.D., Post Date: July 29, 2019
Cumberland Advisors Market Commentary by William "Bill" Witherell, Ph.D.

The European Central Bank (ECB) did not reduce key interest rates at its July meeting ending last week, contrary to the expectations of some observers. This decision leaves the US central bank, the Federal Reserve, to take the lead with a widely forecast rate cut at its meeting this week. However, ECB president Mario Draghi […]

Cumberland Advisors Market Commentary – Investing in European Equities

Author: William Witherell, Ph.D., Post Date: July 10, 2019
Market Commentary - Cumberland Advisors - EUROPE MAP

Just days after US President Trump announced a ceasefire and resumption of trade negotiations with China, the US Trade Representative proposed new tariffs on 89 European Union (EU) goods worth $4 billion. These levies are in response to concerns about aircraft subsidies and would be added to the $21 billion list of potential tariffs the […]

Too Many Uncertainties

Author: , Post Date: June 21, 2019
Cumberland Advisors William Bill Witherell Ph.D.

Excerpt from Barron’s Too Many Uncertainties 06/21/2019 By Paul Farrell Barron’s writer, Paul Farrell, assembles a collection of outtakes for his piece titled, “Too Many Uncertainties.” Destabilizing Second-Quarter 2019 Review by William Witherell, Ph.D. of Cumberland Advisors June 20: The factors that have led to high volatility in the global equity markets during the quarter […]

Cumberland Advisors Market Commentary – 2Q 2019 Review: International Equity ETF

Author: William Witherell, Ph.D., Post Date: June 20, 2019
Market Commentary - Cumberland Advisors - Review: International Equity ETF

In the next-to-last week of the second quarter, the factors that have led to high volatility in the global equity markets during the quarter are still present. Foremost among these are the destabilizing effects of rising trade and technology tensions, which are hurting the manufacturing sectors in many countries, disrupting global value chains, and weighing […]

EU Election: Negative But Could Have Been Worse

Author: William Witherell, Ph.D., Post Date: June 3, 2019
Market Commentary - Cumberland Advisors - EUROPE MAP

The results of the European Union’s Parliamentary elections, held the last weekend in May, were welcomed by investors as being not as bad as many had feared. A broad populist and nationalist anti-EU surge, which had looked possible, was avoided. Pro-EU lawmakers will continue to be in a clear majority, aided by gains by green […]