Material and commentaries published in the past may or may not be helpful in analyzing current economic or financial market activity. Please note publishing date when reviewing materials.  Please email [email protected] for our current thoughts or to reach an advisor.

 

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.

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  • More Volatility?
     Author(s): Robert Eisenbeis, Ph.D. | Wed October 23, 2024

    Blue graphic that has a photo of the author and a title


    In a recent commentary (“The 50-Basis-Point Cut”), I suggested that we would be in for a period of substantial market volatility, and it is likely to continue until the path that the FOMC is going to take becomes more clear.
  • Milton - The Day AFTER
     Author(s): John R. Mousseau, CFA | Thu October 10, 2024

    Milton - The Day After


    We hope all clients and readers in the Milton-affected areas of Florida and other states are safe today.
  • Q3 Credit Commentary
     Author(s): Patricia Healy, CFA | Wed October 9, 2024

    Q3 Credit Commentary


    The election, the election, the election… not so much when it comes to muni credit quality.

    Of course, the ideas being bandied about by the presidential candidates – if implemented, and depending on whether we have a divided government – could have ramifications for municipalities. But…


  • Good News Friday
     Author(s): Robert Eisenbeis, Ph.D. | Wed October 9, 2024

    Good News Friday


    The settlement of the longshoremen’s strike on Friday together with the release by BLS of jobs creation for September should be comforting news to markets that the risks of an abrupt slowdown have lessened significantly.
  • Total Return Gov/Credit Third-Quarter Review
     Author(s): Daniel Himelberger | Thu October 3, 2024

    Total Return Gov/Credit 3rd Quarter Review


    Total Return Gov/Credit Third-Quarter Review


  • Hurricane Helene
     Author(s): Patricia Healy, CFA | Wed October 2, 2024

    Hurricane Helene


    When we wrote our commentary last week on climate week and the ninth named storm, little did we know that Helene would cause such a huge swath of damage and destruction.


  • Economic Summary: 2024 Q3
     Author(s): David W. Berson, Ph.D. | Wed October 2, 2024

    Economic Summary: 2024Q3


    The key points you should know: 

    This is what a soft landing looks like.Economic growth, especially the job market, is slowing – but not dangerously so.Inflation continues to slow but is still modestly above the Fed’s longer-term goal.The Federal Reserve has begun to ease and expects to…
  • 3Q 2024 Total Return Municipal Review
     Author(s): John R. Mousseau, CFA | Fri September 27, 2024

    3Q 2024 Total Return Muni Review


    The third quarter of 2024 saw a rally in both the Treasury bond market and the municipal bond market.

    The Treasury bond market saw the 10-year US Treasury bond yield move from 4.479 at the beginning of the quarter to 3.797 on September 26th. The move in munis was more muted, with 10-year…


  • Climate Week, the Ninth Named Storm, Insurance, and Municipal Bonds
     Author(s): Patricia Healy, CFA | Wed September 25, 2024

    Climate Week, the Ninth Named Storm


    Climate Week in NYC Sept. 23–29 brings many of those interested in climate and resiliency together. It overlaps with the UN General Assembly and attracts high level government and business speakers. It is a hybrid conference, and many of the sessions have been or will be live streamed at https…


  • Tariffs & Financial Markets
     Author(s): David R. Kotok | Wed September 25, 2024

    Tariffs & Financial Markets


    Recently I received a well-thought-out communication from a reader offering the following:

     


 

 

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

Plutarch