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): Robert Eisenbeis, Ph.D. | Fri November 4, 2022
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.
Author(s): David R. Kotok | Wed November 2, 2022
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.
…
Author(s): Robert Eisenbeis, Ph.D. | Mon October 31, 2022
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.
Author(s): David R. Kotok | Sun October 30, 2022
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.
Author(s): Cumberland Advisors | Sat October 29, 2022
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…
Author(s): David R. Kotok | Thu October 27, 2022
Author(s): Robert Eisenbeis, Ph.D. | Wed October 26, 2022
The FOMC will be meeting November 1–2, but there will be no projection materials to inform the public if there are significant changes in the Committee’s outlook. Thus, the Beige Book and a first reading on Q3 GDP will be the major sources of current information on the state of the economy and…
Author(s): William H. Witherell, Ph.D. | Tue October 25, 2022
As this is being written, the UK’s Conservative Party is in the final stage of selecting a new leader, who will then be the next Prime Minister, following the resignation of Liz Truss after only 45 days on the job.
Author(s): David R. Kotok | Sun October 23, 2022
When John Mousseau, Patty Healy, and I discussed ESG factors at the Rowan University-GIC conference, we and others tried to explain the multifactor analysis used in applying the tools of ESG. We will be offering videos of the conference in a future part of the ESG series. John…
Author(s): Patricia Healy, CFA | Fri October 21, 2022
The trends that we experienced in the second quarter — rising inflation, increasing geopolitical risks, declines in both stock and bond markets, and the risk of recession posed by Fed actions to fight inflation — continued into the third quarter.