Cumberland Advisors Week in Review (Apr 27, 2020 – May 01, 2020)

Thank you for joining Cumberland Advisors for this end-of-week update on market conditions, bonds & equities with Matt McAleer and John Mousseau.

 



John joins Matt on camera this week and they talk about:
-Our thoughts on small cap and mid cap rallies
-Demand during pullbacks
-Our adjustments in portfolios
-Biotech
-Weekly momentum
-What we hope to see next week
-Bond outflows
-Congress
-Stimulus
-Direct aid
-Unemployment
-Where bond yields are going
-Bond deals coming to market
-Oversubscription
-The state of Illinois, its reception, and why it’s important

Thank you for taking the time to join us.

Please reach out with any questions/comments you may have about this week’s update; we appreciate your calls, comments, and emails.

Watch in the player above or at this link: https://youtu.be/4vUpP9TFAXY

Have a safe weekend,

-Matt McAleer

Ways to reach Matt:

-Link to Matt’s Email: Matthew.McAleer@Cumber.com
-Link to Matt’s Twitter: https://twitter.com/MattMcAleer4
-Link to Matt’s LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Call Matt: (800) 257-7013

Other questions or comments? Email us at info@cumber.com or give us a call at (800) 257-7013.

 

Contact any one of our advisors by following this link: https://www.cumber.com/our-people/


MARKET COMMENTARY

Short-Term vs. Long-Term VIX

Author: Leo Chen Ph.D., Post Date: May 1, 2020

CA-Market-Commentary-Short-Term vs. Long-Term VIX As the equity markets rally from the March 24th bottom gains steam, the VIX volatility index has more than halved since its all-time high on March 16th. VIX hit the 80 level for the first time during the financial crisis. Unlike a decade ago, it only took a month for the VIX to drop below [Continued…]

The Covid-19 Blame Game, Part 1

Author: David R. Kotok, Post Date: April 30, 2020

Market Commentary - Cumberland Advisors - The Covid-19 Blame Game, Part 1 As the SARS-CoV-2 coronavirus emerged in Wuhan, spread throughout China (as millions of Wuhan residents fled their city), and then found its way overseas to cause a global pandemic, pressure mounted on governments to justify their actions in response, and a blame game soon ensued, with the Chinese and US among the main players. Initially, [Continued…]

The Fed and Markets

Author: Robert Eisenbeis, Ph.D., Post Date: April 28, 2020

Federal Reserve Building Congress and the Trump administration have embarked upon a massive federal stimulus program to mitigate the impact of the coronavirus on the US economy. At the same time, the Federal Reserve has stepped up to bolster financial markets, having announced, in addition to its ongoing support of the repo market, a series of ten loan [Continued…]

Take a Deep Breath

Author: David R. Kotok, Post Date: April 26, 2020

Guest Commentary - Cumberland Advisors - Take a Deep Breath Philippa Dunne and Doug Henwood provide a terrific daily research service, TLR Analytics, that focuses mostly on the component details of the American labor force. They report high-frequency information and offer dissection of details. In times like the present, these “nuggets” are helpful for investment decisions and for economic impact assessment. I read their work [Continued…]

 

The UK Economy Falls Off the Cliff; Brexit Negotiations Resume

Author: William Witherell, Ph.D., Post Date: April 24, 2020

Market Commentary - Cumberland Advisors - The UK Economy Falls Off the Cliff; Brexit Negotiations Resume

The economic situation in the UK has worsened dramatically in just the month and a half since our March 4th commentary on the subject. Last week, the Bank of England’s (BOE) governor, Andrew Bailey, told journalists that he did not disagree with the Office for Budget Responsibility’s forecast of a 35% decline in the UK’s [Continued…]

McConnell as Meredith Whitney

Author: John R. Mousseau, CFA, Post Date: April 23, 2020

Market Commentary - Cumberland Advisors -McConnell as Meredith Whitney (Mousseau)

Senate Majority Leader McConnell yesterday was reported by Bloomberg News as saying that he “would certainly be in favor of allowing states to use the bankruptcy route” rather than giving them a Federal bailout. This reminded us of 2010 when Meredith Whitney, a noted bank analyst, predicted that there would be hundreds of billions of [Continued…]

About Masks – (Plus a personal note)

Author: David R. Kotok, Post Date: April 22, 2020

David Kotok - About Masks

Straight Talk on Masks from Anthony Fauci – In a widely shared YouTube interview with Lilly Singh, Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases (NIAID) and a member of the White House coronavirus task force, explained the rationale for wearing face masks. He also explained why the CDC didn’t initially suggest [Continued…]

COVID – 19: Health Recovery and Economic Recovery Go Hand in Hand

Author: Peter A. Gold, Esquire & Jeffrey P. Gold, MD, Post Date: April 20, 2020

COVID - 19: Health Recovery and Economic Recovery Go Hand in HandThere is a lot of competing information in circulation relating to the current coronavirus pandemic and there is now a rush to offer opinion on how to best reopen economies and communities in a safe manner. It is our honor and privilege to introduce you to the following authors who also happen to be brothers. [Continued…]


Bloomberg Radio Interview: David Kotok on Fed News

April 29, 2020 – Running time 08:03

David Kotok, Chairman & Chief Investment Officer at Cumberland Advisors, discusses the latest Fed news with Doug Krizner and Juliette Saly on Bloomberg Daybreak Asia.

LISTEN HERE: https://www.bloomberg.com/news/audio/2020-04-30/david-kotok-on-fed-news-radio?sref=XreMbXAF

 

 


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