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- quiet week. Yields ground a little higher. Why? Vaccines.
-Munis? Hardly a move.
-John talks about what’s happening behind the scenes in the muni world, as well as what expectations are at work in the market
-Next year will look a lot different than this one with vaccines making the difference
Matt McAleer & Equities / ETFs
-What a year!
-We’ve learned some of the same lessons traders have learned over the last 80/90/100 years, and that is to stay reasonable in the face of violent moves in the market
-In this market, it has paid to ask, “what can go right?” or “how much negativity is priced into the market?”
-After the run of spring, summer, and fall, we need to ask the same questions but with the other lens: “what can go wrong?”
-What are we not seeing? Lots of predictions talking about future gains, the loose Fed policy, vaccines. But those things are know and already baked in stocked prices.
-Right now, we’ll make no changes to our portfolios
-Asia continues to perform well. Sometimes when I mention China, I get negative feedback. Why?
-As traders, we need to battle any kind of emotional attachment to a market or security
-What I think about China and it’s trade policy or economic policy should not affect how I look at them as a trader
-Our philosophy: stay reasonable, and look at trading through a risk/reward prism
-Our last trade was last week when we let go of the banks in US ETF, sitting in about 18% cash
-We’ll look for opportunities and pullbacks to get some of that cash to work
-Our next update will be Wednesday, December 23rd. See you then.
-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/
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.
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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.