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): Robert Eisenbeis, Ph.D. | Wed July 29, 2020
“In practice, the Fed has never adopted operating procedures designed to control reserves in order to use the money multiplier relationship to control deposits.” (Goodfriend and Hargraves, “A Historical Assessment of the Rationales and Functions of Reserve Requirements,” Source: https://www.…
Author(s): Robert Eisenbeis, Ph.D. | Tue July 28, 2020
A measure of how last fall’s disruption in the repo market has subsided can be observed by the takedowns in the Fed’s repo facility, designed to enable dealers to temporarily finance their inventories of securities. The program included offerings with multiple maturities, and after March 31 the…
Author(s): David R. Kotok | Mon July 27, 2020
A Duel Over Data (Or, Three Cheers for Rebekah Jones)
Author(s): Cumberland Advisors | Sun July 26, 2020
This week we're all practicing some extra social distancing and working from home. Our video production quality isn't top tier, however we still want to get our market updates out to you.
Author(s): David R. Kotok | Fri July 24, 2020
There are many prescriptions and forecast models for a coming inflation or the lack of it. They range widely. Some forecasts include deflation.
Author(s): David R. Kotok | Wed July 22, 2020
The extraordinary and massive COVID-19 economic shock has triggered another first-time action by our nation’s central bank. The Fed now has expanded a facility directed at lending to nonprofits.
Author(s): William Witherell, Ph.D. | Tue July 21, 2020
China’s economy, the second largest in the world after that of the United States, is recovering from a sharp slowdown in the first quarter of the year. The first estimate of the annualized second-quarter GDP growth rate is +3.2% versus 2.4% expected, a strong reversal from -6.8% in the first…
Author(s): David R. Kotok | Mon July 20, 2020
Last Sunday morning we offered readers “The Room Where It Happened” (https://www.cumber.com/cumberland-advisors-market-commentary-the-room-where-it-happened/). We thank many readers for their kind replies. Here are just a few.
Author(s): Cumberland Advisors | Sun July 19, 2020
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
Author(s): David R. Kotok | Fri July 17, 2020
John Mousseau did a live (online) presentation with Oxford University on Monday June 29th about insights on the bond markets, the macroeconomic landscape, and his take on potential career choices for students interested in finance and investing. His presentation topic was:
Bond…