What a crazy quarter we are closing. Washington chaos and antics, North Korean threats and missiles, hurricanes, uncertain Fed policy, no advancement of legislation or tax reform or healthcare reform or repatriation or infrastructure rebuilding – we encountered all this and more. And in the…

It was a short two weeks ago that I wrote a commentary titled “Hurricane Harvey – Unprecedented Event?” Harvey ended up being two events, the hurricane and then extensive, protracted rain and flooding. And here I am now, writing about another unprecedented event: Hurricane Irma, which hit the…

Financial markets often present cross-sectional correlations throughout many asset classes. For example, while crude oil and the energy sector tend to move in sync, gold and equity like to move in opposite directions. Besides the usual suspects in past asset-correlation studies, we would like to…

Little things happen in a hurricane. Example: When the wind is blowing counterclockwise on the Gulf of Mexico coast, it pushes the waterline away from the shore. Manatees get stranded in the mud (cbsnews.com/news/hurricane-irma-tampa-bay-water-levels-strands-manatees/).

Irma is over in Sarasota and all Cumberland staff are accounted for and unharmed.  Many left town, but a couple are in temporary shelters.  Power went out at our house about 8:00 PM yesterday, but in a split second the generator kicked in and purred like a kitten all night.  We were the only…

Many thanks for all emails and good wishes. Here are some answers to questions received in last two hours.

I'm in Sarasota. We live in zone A and had mandatory evacuation. We are six miles inland staying in a private shuttered home with friends. We have a tornado room, water, food,…

As Hurricane Irma churns through the Caribbean, the United States is faced with something that it has not experienced before: two hurricanes of category 4 or higher hitting the country in the same year (http://www.aoml.noaa.gov/hrd/hurdat/All_U.S._Hurricanes.html).

Cumberland Advisors has activated our emergency response plans as a result of Hurricane IRMA. We expect to have a complete offering of services throughout the effects of the storm. Please be aware that we may be operating with limited staffing and this may slow our normal response times.…

Labor Day weekend at Leen’s Lodge in Grand Lake Stream, Maine, continues a quarter-century tradition, and the best parts of that tradition have been reaffirmed. Sure, we also discussed the world as we see it and debated scenarios. A great outline of issues was summarized in the opening paragraph…

Our thoughts go out to all those displaced or injured, those who had homes and businesses destroyed, and especially those who lost loved ones. Many of us have been glued to the TV, focused on the news surrounding the devastating damage that has occurred and is continuing to occur at the time of…