Material and commentaries published in the past may or may not be helpful in analyzing current economic or financial market activity. Please note publishing date when reviewing materials.  Please email [email protected] for our current thoughts or to reach an advisor.


Mother's Day

David R. Kotok
Sun May 12, 2024

I wish all Sunday readers and their mothers the very best celebration of their special day, which was formally established in America by President Woodrow Wilson in 1914:

Mother’s Day Proclamation
(“Mother’s Day Proclamation,”
Mother’s Day is now celebrated in many countries, including in Europe, Africa, and Asia; but the holiday was first conceived in about 1905 by Anna M. Jarvis, a West Virginia high school teacher, in honor of her own mother, who had lost seven of her eleven children in early childhood. Anna Jarvis described her vision for Mother’s Day this way:

To revive the dormant filial love and gratitude we owe to those who gave us birth. To be a home tie for the absent. To obliterate family estrangement. To create a bond of brotherhood through the wearing of a floral badge. To make us better children by getting us closer to the hearts of our good mothers. To brighten the lives of good mothers. To have them know we appreciate them, though we do not show it as often as we ought… Mothers Day is to remind us of our duty before it is too late. This day is intended that we may make new resolutions for a more active thought to our dear mothers. By words, gifts, acts of affection, and in every way possible, give her pleasure, and make her heart glad every day, and constantly keep in memory Mothers Day.
(“Anna Jarvis & Mother’s Day,”

Please enjoy your day. I shall, too, as I take a break from the chaos in the world and reflect on the many times my mother, a teacher and caregiver, imparted life lessons to me. Thank you, Mom. May your memory be blessed and may your granddaughters continue your heritage and do so each in their own personal way. 
More Resources
“Mother's Day Historical Marker,”
“Read the Original Mother’s Day Message,”


David R. Kotok
Co-Founder & Chief Investment Officer
Email | Bio



Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.


Sign up for our FREE Cumberland Market Commentaries


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.