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.
Author(s): David R. Kotok | Sat March 14, 2020
Cumberland portfolios hold no airline stocks, no transportation stocks, no hotel, leisure or hospitality stocks. Sector ETFs were sold. Some of these stocks are part of the broad based ETFs which are tied to an index basket. Now let’s look at airlines.
Author(s): Matthew McAleer | Thu March 12, 2020
Dear Clients & Friends,
We bring you this midweek update video discussing current market conditions and how we are positioning portfolios.
John offers his insights into how the bond market is behaving and Matt weighs in on what's happening in the equities…
Author(s): David R. Kotok | Wed March 11, 2020
A quick note about oil. The Saudi-Russia price war means OPEC disarray and a lower oil price for the US.
Author(s): Leo Chen, Ph.D. | Tue March 10, 2020
The S&P 500 dropped 11.5% the week before last week, the fastest correction in its history. The Dow Jones Industrial Average had two 1000-point drops in that week; the Dow also had four days with 1000-point intraday swings in the past two weeks, making it six out of ten trading days with…
Author(s): Cumberland Advisors | Tue March 10, 2020
To our clients:
Cumberland Advisors continues to monitor global as well as local developments with respect to COVID-19 (the illness caused by the new coronavirus), while constantly considering changes that may be required to our operations, processes, and systems to ensure continued…
Author(s): Robert Eisenbeis, Ph.D. | Tue March 10, 2020
Tuesday morning March 9, the Federal Reserve Bank of New York announced an increase in the current monthly schedule of repo transactions designed to deal with short-term liquidity problems for primary dealers and certain other market participants: from $100 billion to $150 billion in overnight…
Author(s): Cumberland Advisors | Mon March 9, 2020
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
Author(s): Robert Eisenbeis, Ph.D. | Sat March 7, 2020
On Tuesday morning, shortly after the market opened, the Fed did what other central banks concerned about the coronavirus didn’t do, and that was cut its policy rate. Not only did it cut the rate, it did so by 50 basis points, dropping its policy rate to the range of 1%–1.25%.
Author(s): Tom Patterson & John R. Mousseau, CFA | Fri March 6, 2020
The turmoil and volatility in the equity markets is also greatly affecting bond markets, with both taxable and tax-free yields shifting down sharply.
Author(s): William Witherell, Ph.D. | Thu March 5, 2020
UK economic indicators for January looked encouraging. The HIS Markit Composite Purchase Managers Index (PMI), combining measures of manufacturing and service sector activity for the month, rose from 49.3 in December to 53.3, the strongest in 16 months, with a robust increase in new orders.