Hurricane Ian Notice

Due to the impending Hurricane Ian and its impact on the Sarasota area; Cumberland Advisors has mobilized and relocated our disaster recovery team to our Vineland, NJ office. If the storm does affect the Sarasota area, Cumberland Advisors’ staff members are on standby, and ready to provide you with any assistance you may need.  Our phone lines and emails will be monitored, and we will respond to matters on a priority basis.
 
For any urgent concerns you may also contact the following individuals by email directly:

For our clients residing in the Sarasota area, Cumberland Advisors knows nothing is more important than the safety of you and your family. We urge you to take the necessary steps to protect your loved ones. Check your supplies and make sure you have plenty of fresh water, flashlights, and a battery-operated radio. Cumberland values our customers’ security and peace of mind, and our goal is to provide outstanding service.
 
Thank you for entrusting us to continue to provide you service and may all stay safe.

 

Excerpt from The Bond Buyer...

FOMC roils equities and UST while munis sit tight

By Lynne Funk Gary Siegel January 05, 2022, 4:40 p.m. EST 8 Min Read

 

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John R. Mousseau - In the News

 

 

While U.S. Treasuries and equities sold off after release of the FOMC minutes, municipals were largely unchanged on Wednesday, pointing again to a lack of primary supply to provide yield guidance as participants sit back and watch what unfolds in broader markets.

Other than a small spike in trading activity Wednesday, the week should be relatively quiet as investors haven’t fully “immersed” themselves into the market following the holiday break, Roffo said.

“The market should increase its activity next week as more investors get involved and more new-issues are priced,” he said.

John R. Mousseau, president and chief executive officer and director of fixed income at Cumberland Advisors agreed there was very little action on Wednesday.

“It’s mostly money floating around from rollover looking for a home,” he said. “It’s a good time to feed the beast a little. You would never know that the 10- and 30-year Treasury yields are up a lot in the first three days of the year, with little upward movement in muni yields.”


Read the full article with subscription at: https://www.bondbuyer.com/news/fomc-roils-ust-and-equities-while-munis-sit-tight


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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.

 

 

 

John R. Mousseau, CFA
Published Date
News Source
The Bond Buyer