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. John Mousseau has the day off.
– Volatility this week. What’s up, what’s down, and why. Matt breaks it down.
– Strong bid into the “heavies”, pay attention to normally overlooked industries.
– The Market will never change: it’s supply & demand. Matt goes into detail.
– What we did this week.
– Financials appreciate higher rates. Matt explains why.
– Have some interesting things to share with you next week, please join us again.Please reach out with any questions/comments you may have about this update; we appreciate your calls, comments, and emails. Watch in the player above or at this link:
https://youtu.be/TARrbRkbuL0Have 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
Wall Street loses altitude
By BEN WHITE and AUBREE ELIZA WEAVER – 09/18/2020
Wall Street loses some altitude — Since peaking early this month around 29,000, the Dow has sagged back over 1,000 points amid signs of some economic slowing and the lack of any fresh stimulus out of Washington.
The next big inflection point for markets is likely the emergence of a Covid-19 vaccine, the prospect of which is keeping a bottom under any sell-offs (along with all the massive help from the Fed). When a real, tested and safe vaccine does emerge, it could catalyze another big rally.
Cumberland’s David Kotok emails: “The federal funding in advance and the production funding in advance has removed years of risk taking from pharma and transferred it to the US taxpayers. Never have we had such a risk transfer in public health. That is why we will have a 50-70 percent effective vaccine in distribution within a year. Risk transfer means acceleration of growth and upward markets are ahead.”
Read the full story at Politico: https://www.politico.com/newsletters/morning-money/2020/09/18/wall-street-loses-altitude-790478
More Cumberland Advisors News here:
Cumberland Advisors is an Annual Sponsor of
the Global Interdependence Center
GIC’s next Executive Briefing will explore monetary policy with James Bullard, Ph.D., President and CEO of the Federal Reserve Bank of St. Louis. Join them Thursday, September 24 at 12:00 p.m. ET.
Complimentary registration: https://bit.ly/33DvgLX
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/