It is almost 22 months since the United Kingdom formally exited the European Union (Brexit), and the two sides are again locked in difficult negotiations on the terms of the divorce. The first 11 months was a transition period during which the terms of the new trade arrangements were negotiated…

In the new China finance regime, a required personal contribution to resolve a debt problem is now a standard. That new standard is there whether it was originally agreed to or not.

We saw this reference in a Bloomberg morning note: “Bitcoin Whales Fuel This Month’s Price Jump, Kraken Report Says,” https://www.bloomberg.com/news/articles/2021-10-29/bitcoin-whales-fuel-this-month-s-price-jump-kraken-report-says.   Here’s a quote.

We are approaching the unique American Thanksgiving holiday; let’s consider history and then the present day status of food and its price.

To many, inflation means a steady and continuous increase in prices. That is, we would expect to see a series of price increases in a sufficient number of goods and services that would serve to push up the measured price level consistently, month after month. For example, the PCE, the FOMC’s…

We thank readers for the emails about our “Florida?” Sunday morning missive for October 31. https://www.cumber.com/market-commentary/florida Many of the replies were marvelous. Some were serious. Others took political sides. Or invoked history. Or suggested additional reading.

We just had the Consumer Price Index released and there are many headlines about it. So we won’t regurgitate them here. We just want to remind readers that there are multiple views about this “transitory” notion of inflation. Here’s some commentary to think about.

We’re going to be digging into the weeds regarding current labor force issues in the United States. The headlines from the monthly employment report released last Friday are ubiquitous. While a lot of folks cheered, we’re not sanguine about the labor force issues. And we certainly do…

The winter snows around Hidden Valley Ranch pond start their melt and runoff in March when seasonal warming from the longer sunny days replaces the short, dark, cold days of winter. March is when female rainbow trout find gravelly shallow spots and build their "nests" to hold hundreds and even…

Cumberland Advisors offers this Friday November 05, 2021 end-of-week update on market conditions, equities & bonds with John Mousseau, President, CEO, & Director of Fixed Income. Matt has the day off.