Market Commentary

Insights

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.

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  • Portfolio Update
     Author(s): David R. Kotok | Wed February 1, 2023

    Portfolio Update: US Equity ETF


    Here’s a quick update on the US Equity ETF portfolio.      First, we are still holding a cash reserve.  To me, some stock markets seem too complacent about the outcome.  We discussed this on Bloomberg radio Sunday night when the anchors asked if the US markets are too…


  • 50 Years & Cuba
     Author(s): David R. Kotok | Tue January 31, 2023

    Cumberland-Advisors-Market-Commentary-Sunday-50-Years-&-Cuba-by-David-R.-Kotok


    “How was Cuba?” is the question I’ve been asked several times since I returned from the Global Interdependence Center (GIC) delegation’s trip to Cuba January 8–12, 2023.    My personal experience with Cuba started before Cumberland Advisors was created in 1973.   We had family conversations…


  • Cumberland Advisors Week in Review January 23 - January 27, 2023
     Author(s): Cumberland Advisors | Sat January 28, 2023

    Cumberland-Advisors-Week-In-Review-Market-Update-Video-(YouTube-Vimeo)-20230127


    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 may include older commentaries that our…


  • The FOMC for January 2023
     Author(s): Robert Eisenbeis, Ph.D. | Fri January 27, 2023

    The FOMC for January 2023 by Robert Eisenbeis, Ph.D. Vice Chairman & Chief Monetary Economist


    The evidence indicates that the Fed’s rate hikes are having the desired effects. Not only is the economy slowing gradually, having declined from an annualized increase of 3.2% in Q3 2022 to 2.9% in Q4 2022, but inflation as measured by the PCE has also declined from 5.5% year-over- year in…


  • Investing During a Global Downturn
     Author(s): William H. Witherell, Ph.D. | Fri January 27, 2023

    Investing During a Global Downturn by  William H. Witherell, Ph.D. Vice Chairman & Chief Global Economist


    International institutions, including the International Monetary Fund, the World Bank, and the OECD, have all warned of a downturn in the global economy commencing in the fourth quarter of last year and continuing in the early months of 2023. The numerous factors underlying these projections…


  • Cumberland Advisors' 2023 Markets Outlook
     Author(s): John R. Mousseau, CFA | Thu January 26, 2023

    Cumberland Advisors' 2023 Markets Outlook


    This is a brief overview of Cumberland Advisors’ thoughts on financial markets as we head into 2023.  We are coming off a rough 2022, one of the rare years with double digit declines in stocks as well as fairly negative returns in bonds. One of our basic investment…


  • 50 Years of Inflation & The Fed
     Author(s): David R. Kotok | Sun January 22, 2023

    Cumberland Advisors Market Commentary - 50 Years of Inflation & The Fed by David R. Kotok


    During 50 years of Cumberland’s history, we have observed many types of inflation cycles and witnessed various responses by the Federal Reserve and the federal government. We’ve seen attempts at “jawboning.” Those didn’t work. Cheerleading — the WIN button (Whip Inflation Now). That didn’t work…


  • Cumberland Advisors Week in Review January 16 - January 20, 2023
     Author(s): Cumberland Advisors | Sat January 21, 2023

    Backing & Filling - Cumberland Advisors' Week in Review


    The Cumberland Advisors Week in Review

    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…


  • Russia-Ukraine One Year Later
     Author(s): David R. Kotok | Thu January 19, 2023

    Cumberland Advisors Market Commentary - Russia-Ukraine One Year Later by David R. Kotok


    Last year’s Russian invasion of Ukraine triggered a quickly organized and virtual conference series titled Ukraine: What’s Next? In 2023, we’ve had time to organize an extraordinary lineup for a four-part blockbuster series of presentations offered worldwide virtually and in-person in Sarasota,…


  • Q4 2022 Municipal Credit Commentary – A Tumultuous Quarter Caps a Turbulent Year
     Author(s): Patricia M. Healy, CFA | Wed January 18, 2023

    Q4 2022 Municipal Credit Commentary – A Tumultuous Quarter Caps a Turbulent Year


    Geopolitical risks, inflation, and recession risks continued into the end of the year, highlighted by announcements of major layoffs at tech and finance companies. Supply chain disruptions eased some, and demand for services increased while consumption of goods…


 

 

"The mind is not a vessel to be filled but a fire to be kindled."

Plutarch