The first week in December, on the front end of the Federal Open Market Committee (FOMC) meeting on December 14-15, has hit markets with a series of events that has resulted in a spike in volatility and generally negative news that has been difficult, if not impossible, for participants to…

Here is the Associated Press Friday Morning story about the World Health Organization (WHO) and its Asian Pacific-based observations about Omicron, urging a wide array of measures to control the spread of the heavily mutated new variant: “WHO says measures used against delta should work for…

Every morning at Cumberland we circulate a spreadsheet of about 50 separate interest-rate metrics and credit spreads. These go out to the entire firm. They are compiled internally and are used by Cumberland in a proprietary way. Data is sourced from Bloomberg.

Rob Smith, who covers health care for Capital Alpha (https://capalphadc.com), reminds us of a history lesson: “Delta variant that currently dominates U.S. infections was first detected in India in Dec. 2020. It was identified in the U.S. in March 2021.

We were working on the issue of corporate profits and what is the widest-ever statistical discrepancy in the GDP data. Lo and behold! In comes my friend Michael Drury with an excellent analysis and graphic depiction of the problem. Mike graciously gave permission for us to reproduce his…

We thank readers for sharing comments about our pre-Thanksgiving missive about jobs and nurses (https://www.cumber.com/market-commentary/jobs-data-nurses).

Below: Quotes summary given to financial media this morning (Black Friday. Nov 26, 2011 - Also see: https://www.cumber.com/in-the-news/wall-st-week-ahead-covid-19-fears-reappear-threat-market ).

My friend and fisherwoman Danielle DiMartino Booth opened the November 15 issue of her Daily Feather letter with this summary: “The record 4.3 million U.S.

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.