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 | Sat December 14, 2019
Markets greeted the most recent monthly employment report with a rousing cheer and a robust and broadening stock market rally; bonds reacted to an improved outlook based on this report; and interest rates rose while the futures market of the short-term policy rate (fed funds) adjusted to a lower…
Author(s): David R. Kotok | Thu December 12, 2019
The worst-performing US stock market sector in 2019 is energy. In retrospect, we regret that we held a position in it. Our rationale failed so far and the timing was clearly poor. But we did hold energy and we do still do.
Author(s): | Wed December 11, 2019
Following outflows from emerging-market equity funds during the first three quarters of 2019, significant inflows are occurring in the fourth quarter as investor sentiment becomes more positive, anticipating stronger performance for this asset class in 2020.
Author(s): Cumberland Advisors | Sun December 8, 2019
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
Author(s): David R. Kotok | Sat December 7, 2019
The outlook for inflation and for inflation-sensitive financial instruments is still highly uncertain. Note that this prognosis includes TIPS on the bond side and certain inflation-sensitive stock groups on the equity side.
Author(s): David R. Kotok | Fri December 6, 2019
US politics will be a closely watched, bubbling pot in 2020, and the media will boil over every news item.
Author(s): David R. Kotok | Thu December 5, 2019
In addition to Trade War uncertainty, US stock markets must grapple with problematic earnings estimates for 2020. Typical year-start estimates are higher than actual outcomes, as a bias toward optimism appears around the year-end holiday time. A good example is 2019, when year-start estimates…
Author(s): David R. Kotok | Wed December 4, 2019
In our opinion, investors should not be deceived by any promise of a definitive Trump Trade War settlement. It isn’t in the cards. The best outcome is a truce, and even that will be more like a ceasefire. As of this writing, U.S.-China tariff talks continue, and a phase one trade deal is still…
Author(s): David R. Kotok | Mon December 2, 2019
For your convenience we offer the links below to our series of "Year-End & 2020 Forecast Notes" market commentaries by David R. Kotok.
Author(s): Cumberland Advisors | Sun December 1, 2019
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.