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 / Equities / ETFs
-Pretty good week for equities. Equity markets up over 2%, Dow up about 2%, NASDAQ up about 2 1/2%
-This was a reflection of a couple of things:
(1) More good vaccine news
(2) Higher comfort level with new Biden Administration, markets clearly embraced pick of Yellen
-Bond market yields slightly higher this week, both 10yr & 30yr slightly up
-Increase volatility in bonds
-Some pretty good buys in the bond market today
-We’re seeing the theme we’ve been talking about continue with higher yields slowly over time
-Munis? Quiet week, not much issuance. We expect issuance to pick up next week, particularly toward end of year.
-JFK Airport deal tremendously oversubscribed. We think it reflects demand for yield, even pandemically affected yield.
-All this means markets are in pretty good shape as we head toward year-end.
Watch this week’s update in the player above or at this link: https://youtu.be/R_OOIs91V0E
Please reach out with any questions/comments you may have about this update; we appreciate your calls, comments, and emails.
We hope you had a great Thanksgiving and we’ll see you next week.
-John Mousseau & Cumberland Advisors
Please send Matt McAleer any feedback from today’s email/video. 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 email@example.com 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/
“Markets, as we see it, are looking beyond next spring. Its the classic 6 or 9 months forward looking, post-vaccine recovery. And you see some forecasts of the roaring 2020s…”
Small Business Saturday is sandwiched between Black Friday and Cyber Monday. It’s a national initiative to shop local and support mom-n-pops and your hometown businesses.
Learn more about Small Business Saturday at the following links:
#ShopSmall along the Suncoast for Small Business Saturday
By Alejandro Romero – SNN TV
COVID-19 makes Small Business Saturday all the more important
Laura Finaldi – Sarasota Herald-Tribune
Giving Tuesday and Small Business Saturday
Small Business Saturday brings hope to local businesses
By ELAINE ALLEN-EMRICH – https://www.yoursun.com
Manatee retailers feel boost from Small Business Saturday
By MATT M. JOHNSON – Bradenton.com
Small Business Saturday has new meaning during pandemic
By Laura Layden – Naples Daily 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/
A Bleak Short-Term COVID Outlook, Then Recovery Dawns Fact is, during the darkest hours before light breaks, dawn is already racing toward us across the surface of the turning world. That’s an image – a reassuring metaphor – that can sustain us now. America’s darkest hours in the COVID-19 pandemic lie just ahead, over the […]
Municipal bond ratings are affected by the preparedness of the issuers for severe weather, the impacts of climate change, and other factors that may affect credit ratings. Cumberland Advisors takes a keen interest in the micro and macro details surrounding municipalities and weather events. Our colleague Bob Bunting, meteorologist, professor, and former executive at both […]
Will the NASDAQ crash? We get that question often. Here’s a Bloomberg discussion on that subject and a Bloomberg chart comparing the NASDAQ bubble 20 years ago with the NASDAQ spike this year: “Nasdaq-100 Stumbles Near Dot-Com Era Record Versus Dow,” https://theonedave.tumblr.com/post/634605567333236737/nasdaq-100-stumbles-near-dot-com-era-record-versus. And here’s a Cumberland commentary we wrote at the peak of the NASDAQ […]
Investors and clients ask about the transportation sector and specifically airlines. The outlook is dependent on travelers’ perceived personal safety (COVID vaccines and treatment options) in addition to economic recovery that can generate the incomes to cover the costs. There isn’t much more we can add to that investment perspective. We do field direct questions […]
Last week, the Ant Group was expected to list in Shanghai and Hong Kong the largest IPO in history. However, on Tuesday, November 3, the Shanghai Stock Exchange announced it had postponed the company’s listing, citing “major issues” that might cause it “not to meet the listing conditions or disclosure requirements.” The IPO listing was […]
The Role of Nurses
Cumberland Advisors is an Annual Sponsor
of the Global Interdependence Center
About the Briefing
The Role of Nurses is the theme of this Executive Briefing. Attendees are offered context and perspective regarding the critical role that nurses play in the response to COVID-19 as well as changes to the nursing curriculum as a result of the pandemic.
Thursday, December 3, 2020 | 12:00 – 1:00 p.m. ET
When registering, GIC encourages you to participate in their
audience Q&A by submitting a question for the speakers.
This Executive Briefing will be held via Zoom.
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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.