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 | Sun December 3, 2017
The Congressional Budget Office (CBO) scoring of the tax bill was released at 8:49 PM on Friday night, and this link will take you to it: https://www.cbo.gov/system/files/115th-congress-2017-2018/costestimate/53362-summarysenatereconciliation.pdf.
Author(s): Robert Eisenbeis, Ph.D. | Sat December 2, 2017
Marvin Goodfriend’s nomination represents what will be a welcomed and outstanding addition to a depleted Board of Governors of the Federal Reserve System.[1] He brings a lot to the table. First, he is a first-rate economist with a truly international reputation.
Author(s): David R. Kotok | Fri December 1, 2017
[caption id="" align="aligncenter" width="480"] Richard Yamarone sings Folsom Prison Blues[/caption]
Author(s): Bill Witherell, Ph.D. | Thu November 30, 2017
German Chancellor Angela Merkel faced a crisis when coalition talks broke down on November 19th. Germany could have endured months of political uncertainty, and it suddenly became possible that Merkel would be forced to resign. The German public and the world awoke to find that the continuation…
Author(s): David R. Kotok | Tue November 28, 2017
Ben White had this to say about Fed appointments last week in his Politico “Morning Money” column:
“FED TALK – Look for the vice chair nomination to come fairly soon. Mohamed El-Erian remains in the mix but could also be a candidate for the New York Fed. John Taylor sounds like a no-go…
Author(s): Robert Eisenbeis, Ph.D. | Sat November 25, 2017
To no one’s surprise, Chair Yellen has announced her intention to resign effective upon the swearing in of her successor, Jerome Powell. Since Governor Powell’s confirmation hearing is set for November 28 of this year, it is possible for him to be confirmed and sworn in before the January 30–31…
Author(s): David R. Kotok | Thu November 23, 2017
Our American mythology of Thanksgiving is imparted to us as schoolchildren, or at least it used to be. The Pilgrims had voyaged to North America on the Mayflower to escape persecution and had been in Plymouth, Massachusetts, less than a year. They were hungry. A cold winter was setting in, and…
Author(s): Cumberland Advisors | Wed November 22, 2017
Author(s): David R. Kotok | Tue November 21, 2017
Seventeen and a half years ago, on April 1, 2000, we published a piece entitled “Will the NASDAQ sell-off become a crash?” We have now retrieved that piece from our archives and posted it on our website.
Author(s): John R. Mousseau, CFA and Alex J. Pollock | Sat November 18, 2017
Last Monday, November 6th, I was privileged to serve on a panel discussion at the American Enterprise Institute in Washington DC, where the topic was Puerto Rico after Hurricane Maria. The discussion covered a wide range in topics that included the damage to Puerto Rico as well as issues of…