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 […]
By Jeanine Prezioso Federal Reserve monetary policy and its anticipated effects – in addition to the debate over who caught the largest salmon or smallmouth bass – was one of the many discussions bandied about in the northeast Maine woods earlier this month at Camp Kotok, an annual gathering of economists, pundits and investment professionals […]
McAleer discussed the continued headaches being caused by international markets—the U.S. markets remain very robust and resilient. In McAleer’s view, the 30 markets around the world are not trading well as he watches them making lower lows. McAleer’s current worry is how long the U.S. market can remain the standout while it is near highs and these other markets are trading down.
This year, I quickly sensed a more upbeat mood. Not that many that were wildly bullish, but most were positive or at least neutral. There weren’t nearly as many bears as I expected. “Cautious optimism” seemed to be the theme. That led me to refine my own views with a wide variety of participants. Today, I’ll do the same for you.
Riding Shotgun With a Bear Behind the Wheel By Crystal Kim Aug. 7, 2018 Bear country beckoned. Economists, portfolio managers, pundits, and Barron’s flocked to Leen’s Lodge in the backwoods of Maine for the annual fishing trip hosted by Cumberland Advisors’ David Kotok lovingly dubbed “Camp Kotok.” The five-day confab promised discussions about the state […]
By now many know that Richard Yamarone passed away on November 28th, 2017 at age 55. There are many of us who enjoyed his company in Montana and in Maine as part of annual gatherings of fishing, discussions, and camaraderie. We mourn his loss. I can picture in my mind when he picked up the […]
What is Camp Kotok??? This is not a routine Cumberland Advisors Commentary! Rather than offering commentary on issues and events of importance to the investment and advisory community, this Commentary reports on a very unique and special event for the investment and advisory community known as “Camp Kotok”, held annually at Leen’s Lodge in Grand […]
Camp Kotok is a gathering of economists, current and ex-Fed staff, traders and journalists in the bucolic backwoods of Maine. 2017’s gathering also included a visit from Susan Collins, one of three Republican senators voting “No” to the hastily-crafted skinny repeal health care bill. Most time was spent talking about the economy, markets and the financial industry. Topics and themes I found interesting are here.
Asjylyn Loder, reporter for the Wall Street Journal, writes about Camp Kotok in the following article. The economic predictions from the annual gathering known as Camp Kotok resemble two smart people trying to steer a canoe: lots of zigging and zagging to get back to the same place. Every year, David Kotok, chief executive of […]
John Mauldin of Mauldin Economics shares some musings about his time and participation at Camp Kotok. His full account at the URL below. Camp Kotok is an invitation-only gathering of economists, market analysts, fund managers, and a few journalists. It takes place at the historic Leen’s Lodge in Grand Lake Stream, Maine. We fish, talk, […]
