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): John R. Mousseau, CFA | Fri December 24, 2021
Holiday Wishes from John Mousseau...
Author(s): David R. Kotok | Thu December 23, 2021
My friend Philippa Dunne of TLR Analytics has weighed in on our discussion of the statistical discrepancy in corporate profits, focusing on the GDP side of the issue. Her commentary is below. We thank her for permission to share this effort by Philippa and Doug Henwood.
Author(s): William H. Witherell, Ph.D. | Wed December 22, 2021
The global economy is ending a year of strong recovery, with real GDP growth estimated at 5.7%, following the sharp 3.5% decline in 2020. The recovery was fueled by massive emergency fiscal support by governments, together with very easy monetary policy by most central banks, keeping interest…
Author(s): David R. Kotok | Mon December 20, 2021
A remarkable stock market in a remarkable year closes 2021 with a remarkable quarter. Our quant work gave a rare three-times signal of extreme fear. As this is written (December 20), all quant accounts are fully invested.
Author(s): David R. Kotok | Sun December 19, 2021
We wish our clients, consultants, staff, friends, and all readers a happy Christmas and a peaceful and safe new year. As we look ahead together to pandemic year three, please stay vigilant. Here are five noneconomic offerings for consideration this holiday season.
…Author(s): Cumberland Advisors | Sat December 18, 2021
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): Robert Eisenbeis, Ph.D. | Thu December 16, 2021
The FOMC did three things yesterday. It affirmed its current accommodative interest rate policy by keeping its target for the federal funds rate at 0%–.25%. It accelerated the decrease in its asset purchase program, which now, if the schedule holds, would end by March.
Author(s): David R. Kotok | Wed December 15, 2021
Pandemic financial shocks show up in data. Some can be forecasted.
Author(s): David R. Kotok | Tue December 14, 2021
"GDP is a flawed number that came, I think, out of the need of financial markets for a single measure of success or failure.” “Often when we say that GDP is growing but wages are stagnant, we are really saying that corporate profits are growing at the expense of labor wages.” -David Blond…
Author(s): David R. Kotok | Sun December 12, 2021
I’d like to thank readers for their comments about the missive entitled “The WHO” (