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 AOL & Yahoo Finance...

How to invest in a 'recession scare': BofA survey

by Brian Sozzi - February 15, 2022

 

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David R. Kotok - In the News

 


Fund managers are at least thinking a "recession scare" could emerge in the market this year, reflecting one to two months of heightened geopolitical risks, elevated inflation and rising interest rates.

"Upcoming recession scare best played via long bonds-short commodities," said the latest Bank of America fund manager survey. The report reflects responses from 171 participants managing $391 billion in client money.

"So if I had to have one message for investors— and in our firm, we're trying to practice it — it's calm down. Don't get so excited. Because we are recovering from a massive pandemic shock, and the recovery trajectory has years to go," said Cumberland Advisors CIO David Kotok on Yahoo Finance Live.


Read/Watch full post here: https://www.aol.com/invest-recession-scare-bofa-survey-114239400.html


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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.

 

David R. Kotok
Published Date
News Source
Yahoo Finance