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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  • Echoes of 1968
     Author(s): David R. Kotok | Mon September 7, 2020



    Brent Donnelly is a good friend and fellow camper at Leen’s Lodge. He is also a highly respected senior FX dealer at HSBC New York and the author of The Art of Currency Trading and the daily FX commentary AM/FX. On September 3, Brent penned “Echoes of ’68,” a thought-provoking comparison of the…


  • Cumberland Advisors Week in Review (Aug 31, 2020 - Sept 04, 2020)
     Author(s): Cumberland Advisors | Sun September 6, 2020



    The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.


  • Crown Fires
     Author(s): David R. Kotok | Fri September 4, 2020



    A COVID-19 resurgence seems about to begin. Schools reopening will be one of the vectors. 


  • Cumberland Advisors Market Commentary -Living with Risk: The COVID-19 Iceberg
     Author(s): | Tue September 1, 2020



    Steve Sexauer and I spent about an hour discussing a superb paper he coauthored with Laurence Siegel. I recommend it to readers. It will give investors and decision makers some perspective on how to navigate through the COVID-19 shock and out the other side. Here’s the link.

    https://…


  • Why the US has a COVID Data Crisis
     Author(s): David R. Kotok | Mon August 31, 2020



    Congratulations to all. We’ve now endured and survived two political conventions. According to various pollsters, we’re mostly unchanged in our political views. We have witnessed two starkly contrasting and totally scripted messages. And we’ve had two hurricanes and massive wildfires, on top of…


  • Cumberland Advisors Week in Review (Aug 24, 2020 - Aug 28, 2020)
     Author(s): Cumberland Advisors | Sun August 30, 2020



    The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.


  • FOMC and Revisions to Its Longer-Run Policy Strategy
     Author(s): Robert Eisenbeis, Ph.D. | Sun August 30, 2020



    On the day of Chairman Powell’s opening speech for this year’s virtual annual Jackson Hole Economic Policy Symposium, hosted by the Kansas City Fed, the Federal Reserve released an update to its January 2012 “Statement on Longer-Run Goals and Monetary Policy Strategy.” This commentary describes…


  • Hurricanes
     Author(s): David R. Kotok | Fri August 28, 2020



    In the Indian Ocean they are called cyclones, in the Pacific Ocean, typhoons. The latter term comes from the Chinese tai fung, which translates as “great wind.” The Kʼicheʼ Mayans called their god of wind, storm, and fire Hurakan. European colonists adopted the word, and it became…


  • Insider Trading—What Does It Tell Us?*
     Author(s): Leo Chen, Ph.D. | Thu August 27, 2020



    Insider trading often refers to acting on material nonpublic information. However, when company employees buy and sell their own stocks, it is also called insider trading, which is permitted by the SEC. We will only discuss the second type of insider trading today. As many investors have wondered,…
  • LIBOR vs. SOFR
     Author(s): David R. Kotok | Tue August 25, 2020



    My friend Christopher Whalen has written an excellent commentary on the ongoing debate about LIBOR versus SOFR (the secured overnight funding rate). Here’s the link to his publicly available essay: https://www.theinstitutionalriskanalyst.com/post/libor-is-dead-long-live-sofr-really. We recommend…


 

 

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

Plutarch