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.
** MATT MCALEER'S WEEKLY RECAP **
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Matt McAleer is out of the office this Friday. Gabriel Hament stands in with a quick update.
- - Happy First Day of Summer!
- - Do you have questions regarding markets, trade, the economy, banking, or anything finance related? Send them our way and we'll pass them on to David who is up at Camp Kotok for the June 2019 session. David is leading discussions when not fishing in an environment that invites dialogue and collisions between folks from different parts of the finance world giving them opportunities to hone and expand their perspectives under the Chatham House rule.
- - We invite you to submit questions you have about your personal holdings. We'll get back to you and share our thoughts and ideas about how a Cumberland investment strategy may fit in your your personal financial picture.
- - We're honored and excited to share with you our news: Cumberland Advisors was selected as the 2019 winner within the Professional Services category at the Sarasota Chamber of Commerce's 29th Frank G. Berlin, Sr. Small Business Awards. Read about it here: https://www.cumber.com/cumberland-advisors-news-professional-services-business-of-the-year-award/
Watch below or at these links:
- - Weekly Update: https://youtu.be/qgHyPSM4V6o
- - Award News: https://youtu.be/3bzvYK3K4OA
Have a great weekend and a great start to your summer!
https://youtu.be/qgHyPSM4V6o
** LATEST MARKET COMMENTARY (https://www.cumber.com/category/market-commentary/)
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2Q 2019
Review: International Equity ETF https://www.cumber.com/cumberland-advisors-market-commentary-2q-2019-review-international-equity-etf/
William Witherell, Ph.D. 06/20/2019
Market Volatility ETF Portfolio 2Q 2019 Review: Rising VIX https://www.cumber.com/cumberland-advisors-market-commentary-market-volatility-etf-portfolio-2q-2019-review-rising-vix/
Leo Chen, Ph.D. 06/19/2019
Happy Anniversary! https://www.cumber.com/cumberland-advisors-market-commentary-white-house-considers-economist-judy-shelton-for-fed-board/
David R. Kotok 06/18/2019
Turandot https://www.cumber.com/turandot/
David R. Kotok 06/13/2019
What Does “Data-Dependent” Mean? https://www.cumber.com/what-does-data-dependent-mean/
Robert Eisenbeis, Ph.D. 06/12/2019
2% or 2% or -0.2%? https://www.cumber.com/2-or-2-or-0-2/
David R. Kotok 06/10/2019
Peter Navarro https://www.cumber.com/peter-navarro/
David R. Kotok 06/07/2019
More on Tariffs https://www.cumber.com/more-on-tariffs/
Robert Eisenbeis, Ph.D. 06/06/2019
Jingoism & Rare Earths https://www.cumber.com/cumberland-advisors-market-commentary-white-house-considers-economist-judy-shelton-for-fed-board/
David R. Kotok 06/05/2019
EU Election: Negative But Could Have Been Worse https://www.cumber.com/eu-election-negative-but-could-have-been-worse/
William Witherell, Ph.D. 06/03/2019
Fed and Climate Change https://www.cumber.com/cumberland-advisors-market-commentary-fed-and-climate-change/
David R. Kotok 05/30/2019
May FOMC Minutes: Patience https://www.cumber.com/cumberland-advisors-market-commentary-may-fomc-minutes-patience/
Robert Eisenbeis, Ph.D. 05/21/2019
Memorial Day Reflections https://www.cumber.com/memorial-day-reflections/
David R. Kotok 05/27/2019
5G, Huawei, Trade War, Shooting War https://www.cumber.com/cumberland-advisors-market-commentary-5g-huawei-trade-war-shooting-war/
David R. Kotok 05/23/2019
Finally, Some Positive Trade News https://www.cumber.com/cumberland-advisors-market-commentary-finally-some-positive-trade-news/
William Witherell, Ph.D. 05/21/2019
“Nations, Wars and Liberal Democracy” by George Friedman https://www.cumber.com/cumberland-advisors-market-commentary-nations-wars-and-liberal-democracy-by-george-friedman/
George Friedman 05/20/2019
Tariffs – Macroeconomic Versus Microeconomic Effects: In the Long Run We Are All Dead https://www.cumber.com/cumberland-advisors-market-commentary-tariffs-macroeconomic-versus-microeconomic-effects-in-the-long-run-we-are-all-dead/
Robert Eisenbeis, Ph.D. 05/17/2019
Robert Brusca Ph.D. on Tariffs, Trade, and the Fed https://www.cumber.com/cumberland-advisors-market-commentary-robert-brusca-ph-d-on-tariffs-trade-and-the-fed/
Robert Brusca, Ph.D. 05/14/2019
White House Considers Economist Judy Shelton for Fed Board https://www.cumber.com/cumberland-advisors-market-commentary-white-house-considers-economist-judy-shelton-for-fed-board/
David R. Kotok 05/13/2019
Sign up or see more Market Commentary https://www.cumber.com/category/market-commentary/
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On Friday, June 14, 2019, business and community leaders gathered for the 29th Frank G. Berlin, Sr. Small Business Awards (https://www.sarasotachamber.com/small-business-awards.html) , in Sarasota, Fla. Three finalists were selected across five categories: Hospitality and Tourism, Non-Profit, Products and Services, Retail and Professional Services. We are honored to share that Cumberland Advisors was selected as the winner within the Professional Services category.
IN THE NEWS
Barron's - Gold Is Surging. How to Play It With ETFs https://www.cumber.com/gold-is-surging-how-to-play-it-with-etfs/
Quoted: David Kotok 06/21/2019
Sarasota Herald-Tribune - USF Sarasota-Manatee scholarship to assist Visible Men Academy graduates https://www.cumber.com/usf-sarasota-manatee-scholarship-to-assist-visible-men-academy-graduates/
Quoted: David Kotok 06/21/2019
Sarasota Chamber of Commerce - Cumberland Advisors News – Professional Services Business of the Year Award https://www.cumber.com/cumberland-advisors-news-professional-services-business-of-the-year-award/
Quoted: Cumberland Advisors 06/21/2019
Barron's - Too Many Uncertainties https://www.cumber.com/too-many-uncertainties/
Quoted: William Witherell, Ph.D. 06/21/2019
POLITICO - Trump revs up his Wayback Machine https://www.cumber.com/trump-revs-up-his-wayback-machine/
Quoted: Robert Eisenbeis, Ph.D. 06/20/2019
The Market Expects the Fed to Do Its Duty https://www.cumber.com/the-market-expects-the-fed-to-do-its-duty/
Quoted: David Kotok 06/14/2019
Bond Buyer - Municipal calendar grows to $7B as the summer reinvestment season arrives https://www.cumber.com/how-federal-tax-reform-has-impacted-real-estate/
Quoted: John R. Mousseau 05/30/2019
AdvisorHub - Large-Cap Growth Stocks Still Hold Luster https://www.cumber.com/large-cap-growth-stocks-still-hold-luster/
Quoted: David R. Kotok 05/31/2019
POLITICO - Trump’s two-front trade war triggers alarms https://www.cumber.com/trumps-two-front-trade-war-triggers-alarms/
Quoted: David R. Kotok 05/31/2019
Bloomberg - Trade War’s Hammerlock on Bond Market Puts Lower Yields in Sight https://www.cumber.com/trade-wars-hammerlock-on-bond-market-puts-lower-yields-in-sight/
Quoted: David R. Kotok 05/18/2019
CNN Business - Why the US-China trade war won’t last https://www.cumber.com/why-the-us-china-trade-war-wont-last/
Quoted: David R. Kotok 05/14/2019
POLITICO - Markets freak (a little ) https://www.cumber.com/markets-freak-a-little/
Quoted: David R. Kotok 05/08/2019
Bloomberg Radio - Bloomberg Daybreak Asia: Wear a Helmet When Doing Falconry With These Hawks https://www.cumber.com/bloomberg-daybreak-asia-wear-a-helmet-when-doing-falconry-with-these-hawks-radio/
Quoted: David R. Kotok 05/06/2019
Bloomberg Radio - The Fed Decides https://www.cumber.com/the-fed-decides-radio-podcast-bob-eisenbeis-on-bloomberg-markets/
Quoted: Robert Eisenbeis, Ph.D. 05/02/2019
WisdomTree - A Unique Lens on Risk Management https://www.cumber.com/a-unique-lens-on-risk-management/
Quoted: Matt McAleer 05/01/2019
FEATURED INTERVIEWS
Join David Kotok for recent interviews with Bloomberg & Yahoo Finance.
https://www.cumber.com/recent-tv-appearances/
IN CASE YOU MISSED IT...
Coping with Geopolitical Risk: The Case of South Korea
by David R. Kotok
May 28, 2010
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Tensions have reemerged and reached a new peak on the Korean peninsula, following the sinking of a South Korean warship with the loss of 46 sailors, after it was struck by a North Korean torpedo. South Korea moved to cut trade with the North by 50%, denied North Korean ships the use of its sea lanes, and designated the North as its “principal enemy,” a term that has not been used during the past six years of detente. South Korea is calling upon the UN to censure North Korea. The US and South Korea have announced major combined naval exercises. Finally, in what can only be considered a symbolic move, the South has resumed broadcasting propaganda songs across the border. In response, the North banned South Korean ships and planes from using its airspace and sea lanes, said it was cutting all ties with the South, and will expel all South Korean officials from a joint industrial park in the North. Ominously, there are reports that the North Korean leader, Kim Jong-il has ordered the North Korean military to be ready for war. In the most recent escalation of tensions, North Korea threatened to scrap all “military assurance agreements” with South Korea. These agreements are safeguards against accidental armed clashes. They also protect the safety of South Korean workers in that industrial enclave in the North. U.S. and South Korean forces have elevated their five-step alert level by one step to the second highest level. Continued: https://www.cumber.com/coping-with-geopolitical-risk-the-case-of-south-korea/
UPCOMING EVENTS
Our friends at The Global Interdependence Center (GIC) host conferences around the world with an emphasis on stimulating thoughtful, global dialogue on a wide range of issues that affect the international community. This June and July they're featuring two of our folks from Cumberland Advisors.
On Monday, June 24, 2019, The Global Interdependence Center is returning to Chicago, IL for a conference with the Federal Reserve Bank of Chicago to discuss topics such as monetary policy, trade, manufacturing, productivity and labor force issues and to hear a keynote address on globalization by Catherine L. Mann, Ph.D., Global Chief Economist, Citi. John Mousseau will speak during the State of the State’s Fiscal Challenges panel session.
On Thursday, July 11, 2019, at Victor, ID, The Global Interdependence Center and the Bronze Buffalo Foundation gather economists, bankers, academics, and finance industry representatives just outside of Jackson Hole, Wyoming. The Eleventh Annual Rocky Mountain Economic Summit will bring together economists and entrepreneurs from around the country to discuss issues and opportunities relating to the global economy, featuring a talk with David R. Kotok and a keynote address delivered by Tom Barkin, the President and CEO of the Federal Reserve Bank of Richmond.
You're invited to join John or David at one of the above events and cost and registration details can be found here: https://www.interdependence.org/events/browse/
See the original formatted Week in Review post at our Email Newsletter site and feel free to share your comments regarding this post or others: https://us8.campaign-archive.com/?u=d6f020f3bd6a1e2c4eb254e6c&id=f01d7cfd44
