Cumberland Advisors Week in Review (Aug 24, 2020 – Aug 28, 2020)
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We also include older commentaries that our editors have determined may be of interest to our audience. Your feedback is always welcome.
As part of Cumberland Advisors’ continuous effort to maintain strong customer relationships, we offer this week’s short video discussing current market conditions and how we are positioning portfolios.
Dear Clients & Friends,
Thank you for joining Cumberland Advisors for this end-of-week update on market conditions, bonds & equities with Matt McAleer and John Mousseau, CFA.
Matt McAleer on ETFs & Equities
-It covers the performance of major market ETFs (data through Aug 25, 2020)
-Software has had a monster week, a monster month, with names like Microsoft, Salesforce, Adobe sticking out
-These companies and their software have really driven efficiencies in our businesses and personal lives
-Marc Andreessen is an American entrepreneur, investor, and software engineer.
– In 2011, Andreessen famously penned, “Why Software Is Eating The World” where he presented a vision of the future. He stipulated that software disrupts the future and predicted more and more businesses and industries adopting software and delivering online services over the next 10 years
-Here we are in year 9 and we can see all the disruption and innovation by software
John Mousseau’s Update on the Fixed Income Market
-Inflation expectation rising slightly
-10yr & 30yr T-Bonds saw a rise this week, a signal that the investing community is expecting better times ahead
-Durable goods and consumer spending higher
-Disappointing so many are still out of work
-Expectations for bond yields are going up
-Next week: looking to see continued trend in bond market and we’ll be watching the unemployment number
Please reach out with any questions/comments you may have about this update; we appreciate your calls, comments, and emails. Watch this week’s video in the player above or at this link: https://youtu.be/yZ4V2pMTIAk
Stay safe, healthy, and have a great weekend.
-Matt McAleer & Cumberland Advisors
Matt enjoys your feedback. You can reach him at:
-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 firstname.lastname@example.org or give us a call at (800) 257-7013.
Contact Matt or any one of our advisors by following this link: https://www.cumber.com/our-people/
IN THE NEWS
Quoted: William Witherell, Ph.D. | Posted on: 08/28/2020 read more
Quoted: David R. Kotok | Posted on: 08/20/2020 read more
Quoted: John R. Mousseau, CFA | Posted on: 08/15/2020 read more
Quoted: David R. Kotok | Posted on: 08/15/2020 read more
Quoted: William Witherell, Ph.D. | Posted on: 08/07/2020 read more
Cumberland Advisors Market Commentary offers insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies. Our readers appreciate its timeliness, depth of analysis, and quality of research.
To read current and past commentaries, visit https://www.cumber.com/category/market-commentary/