Cumberland Advisors Week in Review (May 11, 2020 – May 15, 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.
Thank you for joining Cumberland Advisors for this end-of-week update on market conditions, bonds & equities.
Matt McAleer and John Mousseau are at their favorite watering hole close to the shop, a restaurant called Café Epicure that serves, in our humble opinion, great food and refreshments. We’re here today to demonstrate our support for other small businesses and the restaurant industry that’s been hit so hard this year.
-Matt starts off and becomes one with the market by paraphrasing Welsh poet Dylan Thomas: “No! I will not go gentle into this good night!”
-“Do not go gentle into that good night” is a poem in the form of a villanelle, and is Dylan Thomas’ most famous work (1914–1953)
-Matt says we’ve had some weakness in some of the short-term momentum indicators this week
-The market had every reason to roll over but it stayed strong
-Everyone has an opinion on this market, but they don’t know anything more than you or I do
-Supply and Demand will continue to run the market
-An impressive Thursday and Friday
-Next week, we’re going to cover each strategy and layout how we’re positioned: equities, fixed income, and cash
-John has some things he hopes you’ll takeaway from this week
1) Bond Market is pretty quiet – John gives details
2) Federal Reserve Chairman Jay Powell was out front and center this week asserting that the Fed does not want negative interest rates. We think that;s very good. He did leave the door open but said, “Not now.” We don’t think they want to do it for multiple reasons.
3) In the Muni World there are some credit issues around transit and sales tax. However water, sewer, and electric are doing well. We’re seeing big demand for paper and they have access to capital markets, a very good sign for the municipal bond market.
Thanks for joining us and if you’re in the neighborhood, make sure you stop by and patronize a small business. Who knows? You might run into Matt and John at Café Epicure in Downtown Sarasota! Just in case, here’s their website with their menu: http://www.cafeepicure.com/
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/B8dio4pz5lg
Stay safe, healthy, and have a great weekend.
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/
Quoted: David R. Kotok | Posted on: 05/14/2020
Quoted: Robert Eisenbeis, Ph.D. | Posted on: 05/11/2020
Quoted: John R. Mousseau, CFA | Posted on: 05/07/2020 read more
Quoted: John R. Mousseau, CFA | Posted on: 04/30/2020 read more
Quoted: David R. Kotok | Posted on: 04/30/2020 read more
Quoted: John R. Mousseau, CFA | Posted on: 04/27/2020 read more
More News About Cumberland Advisors Here: https://www.cumber.com/news
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/
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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.