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.
CUMBERLAND ADVISORS' WEEKLY RECAP
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 and John Mousseau, CFA.
Matt McAleer on ETFs & Equities
John Mousseau's Update on the Fixed Income Market
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/NSQ4xtkd4RI
Stay safe, healthy, and have 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 info@cumber.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/
IN THE NEWS
Inflation TIPS: Living On The Hedge
Quoted: John R. Mousseau, CFA | Posted on: 08/15/2020
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WaPo – In a bleak economy, these companies are flourishing
Quoted: David R. Kotok | Posted on: 08/15/2020
read more
Camp Kotok: Maine Woods, Economists & Wine
Quoted: David R. Kotok | Posted on: 08/08/2020
read more
Highlands News Sun – COVID-19: Florida vs. Taiwan
Quoted: David R. Kotok | Posted on: 08/08/2020
read more
Barron’s – July Jobs Report: Better Than Expected, Better Than Feared
Quoted: William Witherell, Ph.D. | Posted on: 08/07/2020
read more
The U.S. election is getting ugly – and investors are getting nervous
Quoted: David R. Kotok | Posted on: 07/31/2020
read more
Favor Asia Economies That Are Managing Pandemic: Kotok (Radio)
Quoted: David R. Kotok | Posted on: 07/30/2020
read more
BondBuyer – Largest municipal bond deals coming from Texas, Colo. and Calif.
Quoted: Shaun Burgess | Posted on: 07/24/2020
read more
TREASURIES-Yields fall ahead of TIPS auction
Quoted: John R. Mousseau, CFA | Posted on: 07/23/2020
read more
BondBuyer – Confidence high among muni investors
Quoted: John R. Mousseau, CFA | Posted on: 07/16/2020
read more

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/
Zika & COVID-19: We Need Action Now!
Author: David R. Kotok, Post Date: August 14, 2020
Dear Readers: This is an appeal to Democrats, Republicans, and Independents, House Members and Senators, and including those on the far right and on the far left of American politics. The nation needs you to set aside the partisan politics. Students, their teachers, businesses, investors, the retired, the unemployed, the charities, state and local governments, […]
Interest Rates and Yield Curve Control, Part 2
Author: , Post Date: August 13, 2020
This is part 2 in a series on interest rates and yield curve controls. Here’s the link to part 1: https://www.cumber.com/cumberland-advisors-market-commentary-interest-rates-and-yield-curve-control-part-1/ First, we want to thank BCA Research and our friend Caroline Miller, Chief Strategist at BCA, for permission to share their charts. At Cumberland, we use BCA Research. My colleague John Mousseau and I […]
A Quick Look at Job Creation
Author: Robert Eisenbeis, Ph.D., Post Date: August 11, 2020
Each month, the BLS produces a wealth of data from both its household survey and its establishment survey. The latter, in particular, gives us a view of where jobs are actually being created during this terrible pandemic. Normally, the data widely cited from these surveys are seasonally adjusted, but for our purposes we will look […]
Managing Hurricane Risk in a Bond Portfolio
Author: John R. Mousseau, CFA & Patricia Healy, CFA, Post Date: August 10, 2020
The Northeast continues to clean up from Hurricane Isaias, which swept up the Atlantic coast to New York and parts of New England on Thursday. Below is a slide from a presentation by our good friend Tom Doe, who heads up Municipal Market Advisors (http://www.mma-research.com). Tom’s firm does in-depth quantitative and qualitative research on the […]
Interest Rates and Yield Curve Control, Part 1
Author: David R. Kotok, Post Date:
“The Trimmed Mean PCE inflation rate is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). It is calculated by staff at the Dallas Fed, using data from the Bureau of Economic Analysis (BEA).” Through June 2020, “The Trimmed Mean PCE inflation rate over the 12 months ending in […]
Paulding County, Georgia
Author: David R. Kotok, Post Date: August 9, 2020
“All politics is local,” Tip O’Neill famously observed. (In fact, this former Speaker of the House wrote a book by that title.) As the next chapter of COVID-19 and election-year politics take us closer to the November deadline, we believe that the school-opening issue is a new major influence. Scenario 1: Schools are opened with minimal […]
Credit Spreads
Author: David R. Kotok, Post Date: August 6, 2020
We track many spreads at Cumberland and circulate a key summary of them every morning. For this public commentary I extracted the ones you see below (the last 7 items are the key ones to examine) because they help tell the story of how the Fed’s activities have decreased risk pricing in the financial markets. […]
Why Investors Are Looking at Taiwan
Author: William Witherell, Ph.D., Post Date: August 5, 2020
Consider a place that has had only 476 Covid-19 cases and just 7 deaths. This sounds like a rural town in the US with a small population and good access to medical care. Actually, it is Taiwan, a small country in Asia with a very dense population of 23.6 million people, situated about 100 miles […]
Florida vs. Taiwan
Author: David R. Kotok, Post Date: August 4, 2020
“The first time it’s a novelty. The second time, people know what they’re in for and are less willing to take another hit. The virus is exposing socioeconomic fault lines: it’s harder to stay home with a head cold if you work casual shifts for minimum wage and can’t afford to miss a few days.” […]
Some Thoughts for a Sunday Morning
Author: David R. Kotok, Post Date: August 2, 2020
Some Thoughts for a Sunday Morning #1 – Two quotes from Tocqueville: “Liberty cannot be established without morality, nor morality without faith” (Democracy in America, http://libertytree.ca/quotes/Alexis.de.Tocqueville.Quote.8AF2). “The greatness of America lies not in being more enlightened than any other nation, but rather in her ability to repair her faults” (Democracy in America, https://en.wikiquote.org/wiki/Alexis_de_Tocqueville). #2 – […]
Markets, Election, Axios Poll
Author: David R. Kotok, Post Date: July 31, 2020
For the next 100 days or so, the growing focus on the US election may drive news flows and alter markets. Remember, though, there is a chasm between what polls are saying now and what markets are pricing as expectations for tomorrow. Most market agents are looking at 2021 and are now focused on a […]
US Stock Market Sectors & Gainesville, Florida
Author: David R. Kotok, Post Date: July 29, 2020
We were about to publish this commentary on the American stock market sectors when a news item about the healthcare sector crossed our screen. So we have decided to lead with it and then go to the stock market. Here is a fresh report about behavior and its consequences at a medical school in Gainesville, […]
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Judith Monroe from CDC Foundation & David Kotok explore Zika & other initiatives of CDC
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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.


