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 | Mon June 22, 2020
Happy Father’s Day.
I will be brief so that you can get right to this Sunday’s video offering — a wonderful message on YouTube.
Author(s): Cumberland Advisors | Sun June 21, 2020
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 also include older commentaries that our editors have determined may be…
Author(s): David R. Kotok | Sat June 20, 2020
Loretta Mester has a distinguished, multi-decade career with the Federal Reserve. She currently serves as president and CEO of the Federal Reserve Bank of Cleveland, votes on the FOMC, and immerses herself deeply in the issues of America’s banks and financial institutions. She agreed to an…
Author(s): David R. Kotok | Fri June 19, 2020
June 18, 2020, is the 47th anniversary of the founding of Cumberland Advisors.
Author(s): Robert Eisenbeis, Ph.D. | Thu June 18, 2020
To no one’s surprise, the FOMC in its June meeting reaffirmed its 0–25 basis-point target for the federal funds rate. Markets did not react well, especially since the announcement came on the heels of a fairly downbeat assessment by Chairman Powell regarding the expected slow path for the…
Author(s): David R. Kotok | Wed June 17, 2020
“Do you have a forecast for the November election?” asked a client. Matt McAleer and I were doing a joint account review conference call. The question has been increasingly raised in our client and consultant review meetings. At the moment the answer is “no.”
Author(s): David R. Kotok | Mon June 15, 2020
I wish all readers a good Sunday morning. I have to be more sobering today than I have been in recent Sunday missives.
Below is a quote from POLITICO, issued on Thursday morning, June 11, 2020, at about 8:30 AM.
Author(s): Cumberland Advisors | Sun June 14, 2020
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
Author(s): David R. Kotok | Thu June 11, 2020
Below is a 20 year comparison of MDY (the S&P 400 midcap index) and SPY (the S&P 500 largecap index). The 20 year relative performance gap is obvious. Please look carefully at those interim periods when MDY violently outperformed SPY and also look at reversals.
Author(s): Robert Eisenbeis, Ph.D. | Wed June 10, 2020
On Friday, the Dow bounced over 750 points, reacting to the May employment report. In truth, it seems that participants never read beyond the first sentence, which stated: “Total nonfarm payroll employment rose by 2.5 million in May (private sector employment increased 3.1 million while…