Market Commentary

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.

SUBSCRIBE TO MARKET COMMENTARY
  • BOJ Goes OOPS!
     Author(s): David R. Kotok | Wed November 16, 2022

    BOJ Goes OOPS!


    “BOJ's buying power faces limits in fight against bond vigilantes: Central bank’s ownership exceeded 100% of instruments issued”


  • October Consumer Prices- Better, but Not Good
     Author(s): David W. Berson, Ph.D. | Mon November 14, 2022

    Cumberland Advisors Market Commentary - October Consumer Prices- Better, but Not Good by David W. Berson, Ph.D.


    The October Consumer Price Index (CPI) rose by 0.4 percent, while the core rate (removing the volatile food and energy components) increased by 0.3 percent. As a result of these moves, the 12-month trend rates moved lower to increases of 7.7 percent for the overall CPI and 6.3 percent for the…


  • War & Veterans Day
     Author(s): David R. Kotok | Sun November 13, 2022

    Cumberland Advisors Market Commentary - War & Veterans Day by David R. Kotok


    “There is no hunting like the hunting of man, and those who have hunted armed men long enough and liked it, never care for anything else thereafter.” Ernest Hemingway.


  • Euro, the Dollar, the Bund–Italy Spread
     Author(s): David R. Kotok | Wed November 9, 2022

    Cumberland Advisors Market Commentary - The Euro, the Dollar, the Bund–Italy Spread by David R. Kotok


    As then-chair of the GIC central banking series, I watched the euro from the moment it was born.


  • ESG Part 5 – Texas
     Author(s): David R. Kotok | Sun November 6, 2022

    Cumberland Advisors Market Commentary - ESG Part 5 Texas by David R. Kotok


    The issue of current Texas policy toward ESG investing has ramifications in the financial arena. Texas has decided to punish financial firms that offer views inconsistent with the views of the government in power. So, our ESG question will focus on the governance category (G).


  • A Down Note
     Author(s): Robert Eisenbeis, Ph.D. | Fri November 4, 2022

    Cumberland Advisors Market Commentary - A Down Note by Robert Eisenbeis, Ph.D.


    Markets initially responded positively to the FOMC’s 75-basis-point increase in the federal funds rate. However, the message delivered by Chairman Powell at the press conference was more hawkish than expected and a bit confusing, ending on a down note.


  • "Real" Forward Rates
     Author(s): David R. Kotok | Wed November 2, 2022

    Cumberland Advisors Market Commentary - Real Forward Rates by David R. Kotok


    This tweet and chart from Robin Brooks is worthy of serious consideration. Brooks has impressive credentials: He is chief economist at the Institute of International Finance, former chief FX strategist at Goldman Sachs, and former senior economist at the IMF.


  • The Fed and Inflation
     Author(s): Robert Eisenbeis, Ph.D. | Mon October 31, 2022

    Cumberland Advisors Market Commentary - The Fed and Inflation by Robert Eisenbeis, Ph.D.


    On Friday, Oct 28, the Fed got a reading on its target inflation number when the Bureau of Economic Analysis released the Personal Consumption Expenditures (PCE) Index for September.


  • ESG Series: More Responses
     Author(s): David R. Kotok | Sun October 30, 2022

    Cumberland Advisors Market Commentary - ESG Series More Responses by David R. Kotok


    A number of readers responded to our case study of Union County, FL, in Part 4 of our ESG series. As always, we appreciate the thoughtful dialogue.

     


  • Cumberland Advisors Week in Review Oct 24 - Oct 28, 2022
     Author(s): Cumberland Advisors | Sat October 29, 2022

    Cumberland Advisors Market Commentary - Week in Review


    The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team. These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We may include older commentaries that our editors have determined may be…


 

 

"The mind is not a vessel to be filled but a fire to be kindled."

Plutarch