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.
John Mousseau & Fixed Income / Munis
-Bond Market- yields came down this week, a flattening of the yield curve
–COVID cases up outweighing good vaccine news
–Stimulus bill looks to be coming sooner rather than later, but still no progress
–Jobless claims number higher than expected
–Inflation benign .CPI where expected.
-Munis? Not down as much as Treasuries, about 1-3bps across the board.
-In the muni world, we’re seeing big demand for BBB bonds. Investors want the higher yield and want to stay in investment grade munis, which BBB are. They want their cake and to eat it too!
-This is a good time to look at credit quality and upgrade credit within bond portfolios
-Things are looking to quiet down as we head to year’s end
Matt McAleer & Equities / ETFs
-Fairly quiet week, DOW & S&P off about 1%
-Small caps continued with their bid
-In our US Equity strategy, it has benefited from the bid in small/mid
-In our Tactical strategy, we’re still overweight Large cap
-We often talk about diversification among securities, but you also want to be diversified in your strategies. Matt explains with an example with financials/banks.
-Complimentary strategies work to achieve our goals of “what are we trying to accomplish”, “where do we want to go”, and “how do we get there”
-We cover these things all the time with existing and prospective clients
-One strategy alone doesn’t tend to achieve everything we want
-Matt McAleer & Cumberland Advisors
Send your feedback from today’s email/video to Matt. 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) 257-7013Other 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/
By: Larissa Scott – abcactionnews.com
Posted Dec 08, 2020
TAMPA — The University of South Florida is launching a new COVID-19 training program for nurses.
The school received a $57,000 donation from Sarasota businessman David Kotok that will allow USF to produce and implement an education program directed for frontline nurses.
It will consist of webinars and podcasts that will provide nurses caring for COVID-19 patients with resources and education to help them safely do their jobs during the pandemic.
Read the full story & watch the video segment here: https://www.abcactionnews.com/news/coronavirus/university-of-south-florida-to-launch-new-covid-19-training-program-for-nurses-as-cases-climb
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.
Read current and past commentaries here: https://www.cumber.com/category/market-commentary/
We expect the new Biden administration to reverse on a massive scale Trump’s deregulation of energy and to turn strongly to sustainable-energy policy. The implications for investing in ESG are huge. Cumberland holds positions in wind, solar and water and we expect to hold those positions for a long cycle of growth. Markets are already […]
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Cumberland Advisors Market Commentaries offer 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.