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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  • Cecchetti and Tucker: Five Applications of Monetary Policy
     Author(s): David R. Kotok | Wed June 9, 2021

    Cumberland Advisors Market Commentary 2021


    We’re sending readers the link to this excellent primer about the five categories of monetary policy operations in today’s world, each of them representing a role that a central bank plays. Cechetti and Tucker argue that each of these applications of policy should unfold within…


  • How Many Jobs Were There?
     Author(s): Robert Eisenbeis, Ph.D. | Tue June 8, 2021

    Cumberland Advisors Market Commentary 2021


    A comparison of recent estimates of monthly job creation by the Bureau of Labor Statistics (BLS) and estimates generated by Automatic Data Processing (ADP) reveals wide disparities. For example, in February, BLS showed 536,000 jobs created versus only 179,643 for ADP.


  • What does the Fed’s wind-down of its corporate bond holdings mean to the market? And what about those jobs numbers?
     Author(s): Patricia M. Healy, CFA | Mon June 7, 2021

    Cumberland Advisors Market Commentary 2021


    On Wednesday, the Federal Reserve announced plans to begin winding down its $13.8 billion portfolio of corporate bond holdings purchased during the market dislocation caused by the COVID pandemic and the shutdowns implemented to mitigate it.


  • Sunday with Michael Lipper
     Author(s): David R. Kotok | Mon June 7, 2021

    Cumberland Advisors Market Commentary 2021


    Michael Lipper is an icon in financial market history. After all, he has an index named for him, and that’s the ultimate compliment among economists and financial market practitioners. Lipper is famous for his index on mutual funds and has a distinguished career in the…


  • Transitory Inflation?
     Author(s): David R. Kotok | Thu June 3, 2021

    Cumberland Advisors Market Commentary 2021


    Has the 10-year market-price-based estimate of the CPI peaked (May 12), and will it now decline?  


  • Is Senator Warren Proposing Musical Chairs at the Fed?
     Author(s): Robert Eisenbeis, Ph.D. | Tue June 1, 2021

    Cumberland Advisors Market Commentary 2021


    At a hearing last week, Senator Warren told Randal Quarles, Fed vice-chairman for supervision, she was recommending that he not be reappointed to that position when his term was up in October to President Biden.  She had criticized Quarles’ appointment during his…


  • B1617.2 & Be Safe This Holiday
     Author(s): David R. Kotok | Fri May 28, 2021

    Cumberland Advisors Market Commentary - B1617.2 & Be Safe This Holiday


    Will the B.1.617.2 experienced in Britain Be Repeated in the United States? Will the India and UK experience repeat in the US? We will soon find out.  


  • It's All About Earnings
     Author(s): David R. Kotok | Thu May 27, 2021

    Cumberland Advisors Market Commentary - It's All About Earnings


     


  • Hurricane Warnings
     Author(s): David R. Kotok | Tue May 25, 2021

    Hurricane Warnings 2021


    I asked Bob Bunting for his take on the news of two tropical storm events in May, since they preceded official hurricane season. Bob is CEO and Chairman of the Climate Adaptation Center, Inc. (CAC), an independent nonprofit Headquartered in Sarasota.


  • Red Tide Returns
     Author(s): David R. Kotok | Sun May 23, 2021

    Red-Tide-Returns


    A local news clip from April 15, 2021, announced unwelcome news for South Florida.


 

 

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

Plutarch