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): Bill Witherell, Ph.D. | Tue August 14, 2018
The Turkish lira is down more than 40% year to date, with Friday’s fall alone reaching 18.5% at one point and ending down 14.3% for the day. While Turkey’s economy is not large, some major European banks have big exposures in non-lira loans.
Author(s): David R. Kotok | Wed August 8, 2018
We will offer readers a few references so they can become quick studies on why certain changes in the tax code are distorting the shape of the yield curve (flattening it) and why that distorting effect will change in about six weeks.
Author(s): David R. Kotok | Thu August 2, 2018
We thank many readers for their responses to our three-part Western trip series.
For those who missed them, we will list the three links here:
Author(s): Bill Witherell, Ph.D. | Wed August 1, 2018
Yesterday the Bank of Japan (BOJ) announced in a report “Strengthening the Framework for Continuous Powerful Monetary Easing” that its extraordinary policies will be maintained for an “extended period of time”.
Author(s): Robert Eisenbeis, Ph.D. | Tue July 31, 2018
Friday’s GDP release showing growth at 4.1% is clearly positive news.
Author(s): Robert Eisenbeis, Ph.D. | Thu July 26, 2018
In the latest on US trade policy, we are now starting to see the economic consequences of starting a tariff war. Farmers have been complaining that they are being hurt irreparably by the imposition of tariffs in retaliation for the tariffs being imposed on China and our allies. The Trump…
Author(s): David R. Kotok | Thu July 26, 2018
I know an old lady who swallowed a fly. I don’t know why she swallowed a fly. Perhaps she’ll die.
I know an old lady who swallowed a spider. It wiggled and jiggled and tickled inside her. She swallowed the spider to catch the fly. I don’t know why she swallowed the fly. Perhaps...
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Author(s): David R. Kotok | Wed July 25, 2018
The Trump-Navarro trade war rhetoric ratchets higher. And jawboning the Fed is now added to the turmoil; our colleague Bob Eisenbeis has recently reflected on that one: https://www.cumber.com/fed-independence. Meanwhile most of the world is now labeled a currency manipulator by POTUS in his…
Author(s): Robert Eisenbeis, Ph.D. | Tue July 24, 2018
In the wake of the turmoil in Washington, DC, over his performance in Helsinki, President Trump also took a sideswipe at the Federal Reserve, criticizing the FOMC’s recent efforts to normalize policy.
Author(s): David R. Kotok | Sun July 22, 2018
After my recent travels in several Western states (WY, UT, CO, ID), where I interacted with several hundred folks, participating in panel sessions at the Rocky Mountain Summit in Teton Springs, ID, and engaging in private roundtables with professional and financial industry colleagues and…