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): David R. Kotok | Thu January 14, 2021
The response of the markets to a potential second impeachment of President Trump is impossible to predict now. History shows why this may not be a market moving event. The new Senate under Schumer will decide what to do with Speaker Pelosi’s new articles of impeachment. How and when is not clear…
Author(s): Robert Eisenbeis, Ph.D. | Wed January 13, 2021
The jobs numbers released this week provide a sobering view of the pace of the recovery and provide clear evidence as to what we can expect from the FOMC.
Author(s): Patricia Healy, CFA | Tue January 12, 2021
In the depths of the muni market plunge back in March, many feared that the sky had fallen and that municipalities would not be able to manage their services and debt repayment.
Author(s): David R. Kotok | Mon January 11, 2021
When we mourn for a person, that is a certain kind of experience. Lose an aged parent and you feel the loss. But that loss is also a part of a repeating life cycle.
Lose a pet? Not the same, but there is a sense of loss of a different type.
Author(s): Cumberland Advisors | Sun January 10, 2021
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
Author(s): John R. Mousseau, CFA | Sat January 9, 2021
The Democratic Party won both Senate seats in Georgia on Tuesday, January 5th. Our own math had a split decision, with each party capturing a Senate seat; but with the sweep the Democrats will now control the White House, the House of Representatives, and the Senate, where a 50-50 split will now…
Author(s): David R. Kotok | Fri January 8, 2021
According to the Brookings Institution,
“Newly released Census Bureau population estimates through mid-year 2020 reveal record lows in U.S. population growth, both annually and for the 2010-to-2020 decade….
“The new estimates indicate that over the period from July 1, 2019 to July…
Author(s): Robert Eisenbeis, Ph.D. | Thu January 7, 2021
In a recent review of fixed-income security returns, Cumberland Chairman, David Kotok, raised a question concerning what looked to him to be an anomaly with respect to the spread between the 5-year and 10-year breakeven inflation rates on US Treasures, which had narrowed to only 5 basis points…
Author(s): David R. Kotok | Wed January 6, 2021
Dear readers, we narrowly avoided a catastrophe. I use that word because an action by Congress to eliminate or neuter the power of the central bank to intervene as lender of last resort in a crisis is exactly the way to create a catastrophe. The 1929–1933 period of American history is evidence…
Author(s): Cumberland Advisors | Sun January 3, 2021
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.