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): Patricia Healy, CFA | Sat September 29, 2018
Updates, budgets, potential future stresses, state ratings, default study, and last but not least, storms
Author(s): David R. Kotok | Thu September 27, 2018
Author(s): John R. Mousseau, CFA | Thu September 27, 2018
In a year when we have seen commentators talking about the relative flatness of yield curves, we have a conundrum when we look at the US Treasury yield curve and the US muni yield curve (shown here as the Bloomberg AA general obligation yield curve).
Curve 1 below is from the…
Author(s): Gabriel Hament | Wed September 26, 2018
The long-standing debate surrounding the lightly regulated world of donor-advised funds has been gaining traction on the pages of the Nonprofit Quarterly (NPQ).[1]
Author(s): Bill Witherell, Ph.D. | Tue September 25, 2018
The European Central Bank (ECB) left its monetary policy stance unchanged at its September 13 meeting. Net asset purchases will end in December, but with the Bank’s maintaining its stock of assets, the reinvestment of redemptions will maintain substantial stimulus. No increase in policy interest…
Author(s): Leo Chen, Ph.D. | Sat September 22, 2018
The US equity market has had a strong third quarter this year. Our quantitative strategy benefited from the market rebound in July and August and took profits off the table at the end of last month. We have been sitting in all cash and waiting for the next entry signal since we exited near the…
Author(s): David R. Kotok | Fri September 21, 2018
Third-quarter US stock markets have faced a formidable array of media distractions, ranging from hurricanes to Trump tweets to SCOTUS scuffles – and on and on.
Author(s): Patricia Healy, CFA | Wed September 19, 2018
Cumberland has utilized separately managed accounts to execute its fixed-income strategy since its inception in 1973, long before separately managed accounts (SMAs) were popularized in the early 2000s.
Author(s): David R. Kotok | Wed September 19, 2018
A while ago we wrote about a one-time tax-code change and why it might be causing the yield curve to flatten. Here is that commentary: “Why the Yield Curve Is Flat & Why It May Steepen” (https://www.cumber.com/why-the-yield-curve-is-flat-why-it-may-steepen/).
Author(s): John R. Mousseau, CFA | Sun September 16, 2018
Jim Roemer (A.K.A. Dr. Weather) has been forecasting for the commodity and ski industry for over 30 years . He splits his time between Sarasota, Florida and Vermont, and has a deep passion and concern about the environment and climate. We found his work titled, "Florida’s Red Tide: Possible…