Shaun Burgess speaks with CNN about the current state of Puerto Rico Debt and Bonds in response to recent comments by President Trump.
Trump said “we are going to work something out. We have to look at their whole debt structure. They owe a lot of money to your friends on Wall Street. We will have to wipe that out. It’s going to have to be. You can say goodbye to that”. He added, “I don’t know if it’s Goldman Sachs but whoever it is, you can wave goodbye to that. The debt was massive on the island”.
Watch below or on Snappy TV.Posted on: 10/04/2017 Watch Video
Fed’s Stanley Fischer has resigned effective in mid-October, giving President Trump scope to start reshaping the leadership of the U.S. central bank sooner than expected. Cumberland Advisors Vice Chairman and Chief Monetary Economist Robert Eisenbeis weighs in on “Bloomberg Daybreak: Australia.” (Source: Bloomberg)
Hurricane Irma is heading toward Florida. Bloomberg’s Michael McKee, David Kotok, chairman and chief investment officer at Cumberland Advisors, and others examine the potential economic impact of the storm on “Bloomberg Surveillance.” (Source: Bloomberg)
Watch the video in full screen at Bloomberg TV.Posted on: 09/06/2017 Watch Video
Michael McNiven, Ph.D. of Cumberland Advisors talks with John Dobosz, deputy editor of investing content for Forbes Media, during The MoneyShow San Francisco 2017 in a series of two interviews. (SOURCE: MONEYSHOW)
Discussed in the first interview are bonds, bond portfolios, municipal bonds, what is an active manager, credit quality, long bonds, short bonds, interest rates, duration, aggregate value, mutual funds, separately managed accounts, dividends, risk profiles, and more.
Among the topics discussed in the second interview are fiduciaries, broker-dealers, SEC registered investment advisors, suitability standards, conflicts of interests, trust, competence, the fiduciary role, and where the industry is going.
Learn more about Michael McNiven here: https://www.cumber.com/team/michael-d-mcniven/Posted on: 08/28/2017 Watch Video
David Kotok, chairman, chief executive officer, and chief investment officer at Cumberland Advisors, talks about market risk from geopolitical tension between the United States and North Korea. He speaks with Alix Steel on “Bloomberg Daybreak: Americas.” (Source: Bloomberg)
Posted on: 08/09/2017 Watch Video
David Kotok, Cumberland Advisors chairman and CIO, discusses inflation with Bloomberg’s Betty Liu and Kathleen Hays on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)Posted on: 08/08/2017 Watch Video
John Mousseau, Executive Vice President & Director of Fixed Income at Cumberland Advisors, comments on wages, inflation, the recession, and their impact on the economy. (Source: WWSB)
http://www.mysuncoast.com/news/local/economy-thrives-while-median-wages-remain-the-same/article_5bf2093e-7714-11e7-99c5-77e858e31020.htmlPosted on: 08/02/2017 Watch Video
Robert Eisenbeis, vice chairman at Cumberland Advisors, discusses Janet Yellen’s testimony and what it means for markets. He speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)Posted on: 07/14/2017 Watch Video