David Kotok, co-founder of Cumberland Advisors explains what ZIRP means for your clients and why you should pay attention to being at zero.
Feb 25, 2020
Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.
Sign up for our FREE Cumberland Market Commentaries
Cumberland Advisors Market Commentaries offer 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.
Posted on: 02/25/2020
Watch Video 
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 of interest to our audience. Your feedback is always welcome.
As part of Cumberland Advisors’ continuous effort to maintain strong customer relationships, we offer this week’s short video discussing current market conditions and how we are positioning portfolios.
Thank you for joining us for another “Cumberland Advisors Week In Review.” We talk about…
-Softness this week in equities.
-Where are we in cash?
-We hit very strong overbought numbers; Matt explains.
-A market can correct through price or time. Or a combination of both.
-How about Fixed Income? We have charts to share.
-The gravity of foreign yields is a force that we, the US interest rate market, battle with on a daily basis.
-There’s a lot of foreign money seeking investment grade paper. We may lock in some profit under these circumstances.
-We don’t trade in a vacuum. We always take a look at interest rates.
-Do we make make decisions based upon what gold is doing? Absolutely not!
-Do we respect that capital is currently flowing into defensive areas? Absolutely.
-If we’re not paying attention to those things, we’re not doing a proper job.
If you’re interested in energy, green-tech, electric cars, ESG, fusion power, oil & gas, wind & solar, pollution, and/or peripheral issues surrounding the energy industry, take a look at the agenda for our upcoming Energy Conference in partnership with the University of South Florida, Sarasota-Manatee (USFSM) and the Global Interdependence Center (GIC) at this link: https://www.interdependence.org/events/an-outlook-on-energy-policy/
Feel free to reach out to me with any questions/comments you may have about this week’s video, I always appreciate your calls, comments, and emails. Your feedback may become a topic.
Watch this week’s update in the player above or at this link: https://youtu.be/T-y-XkiLrrg
Have a great weekend and thank you for joining us at Cumberland Advisors.
Matt enjoys your feedback. You can reach him at:
-Link to Matt’s Email: Matthew.McAleer@Cumber.com
-Link to Matt’s Twitter: https://twitter.com/MattMcAleer4
-Link to Matt’s LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Feel free to email us at info@cumber.com or give us a call at (800) 257-7013
Contact Matt or any one of our advisors by following this link: https://www.cumber.com/our-people/
For our readers’ reference we want to start this discussion by recalling that it has been one century since a virus mutated and became a mass killer. That was a strain of H1N1 influenza A, nicknamed the Spanish flu. An estimated 50 million died worldwide as that pandemic swept around the world, and many more millions were sickened by this virus. Here is a reference from the Centers for Disease Control (CDC) that tells the story of this influenza pandemic: https://www.cdc.gov/features/1918-flu-pandemic/index.html.
The Wuhan coronavirus outbreak is still unfolding. Research and opinion we accumulate will be assembled here for your reference. On February 11, 2020 the World Health Organization announced an official name for the disease that is causing the current outbreak of coronavirus disease, COVID-19.
If you’ve not had an opportunity to see our interview with Dr. Judy Monroe, the link is just below. Also linked is the freely available pamphlet on the Zika virus. We catalogue successes, failures, and the ground in-between whether it be public, private, or NGO.
You, the ordinary citizen, may need to inculcate the habits of self-reliance and less dependence on help from governments that often fall short. Be vigilant while also respecting the history lesson of the Spanish flu a hundred years after it arrived with a vengeance.
At Cumberland, as we watch the global battle against COVID-19 unfold, we offer a tribute to a young doctor in Wuhan, to other early whistleblowers, to those who dare to exercise and to advocate for free speech and to those who try to hold their governments accountable, and, especially, to the thousands of nurses and doctors who continue to risk – and sometimes lose – their lives to care for the ill. They and others like them are the heroes upon whom the world now depends.
We leave you with this single source summary page, last updated at the time of our publication, : What Is Coronavirus: Mapping the Pneumonia-Like Respiratory Illness in China, Globally (https://www.bloomberg.com/graphics/2020-wuhan-novel-coronavirus-outbreak/)
Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.
Sign up for our FREE Cumberland Market Commentaries
Cumberland Advisors Market Commentaries offer 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.
Posted on: 02/23/2020 Watch Video
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 of interest to our audience. Your feedback is always welcome.
As part of Cumberland Advisors’ continuous effort to maintain strong customer relationships, we offer this week’s short video discussing current market conditions and how we are positioning portfolios.
-Busy Day!
– Bloomberg’s Mike McKee joined us at our annual event, Understanding Global Markets and Finance – Fourth Annual Financial Literacy Day, and we’re sharing his interview with Loretta Mester, President and CEO, Federal Reserve Bank of Cleveland (see below)
-Matt says equities had a little softness. We had 1-2% range in equity markets this week.
-With new accounts, we’re only putting a portion of money to work, we’re looking for better risk-reward conditions
-John was on a bond panel today with Jay Bryson of Wells Fargo, look for that panel video next week
-John thinks we’re seeing money park in the safety of treasuries over coronavirus worries – he explains
-Happy Valentines Day!
Watch this week’s update in the player above or at this link: https://youtu.be/lMu_-buZNlQ
Have a great weekend and thank you for joining us at Cumberland Advisors.
Matt enjoys your feedback. You can reach him at:
-Link to Matt’s Email: Matthew.McAleer@Cumber.com
-Link to Matt’s Twitter: https://twitter.com/MattMcAleer4
-Link to Matt’s LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Feel free to email us at info@cumber.com or give us a call at (800) 257-7013
Contact Matt or any one of our advisors by following this link: https://www.cumber.com/our-people/
Markets were dealt a surprise on February 12, when changes to the way coronavirus cases in Hubei Province are counted resulted in a dramatic surge in the number of new cases reported in China (“Coronavirus: Hubei Province reports spike in new confirmed cases and deaths after change in diagnostic criteria,” https://www.scmp.com/news/china/society/article/3050354/coronavirus-hubei-province-reports-sharp-spike-new-confirmed). For epidemiologists and for [Continued…]
Virus news continues to erupt worldwide and financial markets seem divided, with bonds saying lower interest rates for longer, slower global growth, and a downward inflation outlook. Stock markets, on the other hand, like the low interest rates more than they fear the virus. The headline stock index changes masks the industry-specific impacts. The stock [Continued…]
Let’s summarize the Wuhan, Hubei, Beijing cover-up and aftermath: October and November – flu-like symptoms, sickness and deaths attributed to flu. December – whistleblower doctor joins other doctors in alerting colleagues of novel coronavirus. Whistle-blower and other doctors punished by China government and silenced. China later attributes source of virus to seafood market (this is now believed to [Continued…]
With the no-change decision by the FOMC, rendered as the impeachment finale was playing out, and with the next FOMC meeting about a month away, the most important upcoming event for the Fed is Chairman Powell’s semiannual testimony before Congress this week. The Board’s report is already out, and it provides a fairly clear indication [Continued…]
Quoted: David R. Kotok | Posted on: 02/07/2020 read more
Quoted: David R. Kotok | Posted on: 02/06/2020 read more
Quoted: David R. Kotok | Posted on: 02/05/2020 read more
Quoted: David R. Kotok | Posted on: 02/04/2020 read more
Quoted: David R. Kotok | Posted on: 02/03/2020 read more
Quoted: David R. Kotok | Posted on: 02/03/2020 read more
To watch, click the picture above or follow this link: https://www.bloomberg.com/news/videos/2020-02-14/fed-s-mester-on-u-s-economy-coronavirus-risk-and-rates-video
Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.
Sign up for our FREE Cumberland Market Commentaries
Cumberland Advisors Market Commentaries offer 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.
Posted on: 02/15/2020 Watch Video
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 of interest to our audience. Your feedback is always welcome.
As part of Cumberland Advisors’ continuous effort to maintain strong customer relationships, we offer this week’s short video discussing current market conditions and how we are positioning portfolios.
Matt McAleer talks about his week in trading and he touches on these point and more:
-Headline News! What do we do to make sense of it or ignore it?
-Relative Strength is something we pay an awful lot of attention to on a weekly, monthly, and quarterly basis
-We examine the Asset Matrix Class for 2008 and where we are currently
-We include charts in the video for you to look at with us
Watch this week’s update in the player above or at this link: https://youtu.be/He23y6UK7ck
Have a great weekend and thank you for joining us at Cumberland Advisors.
Matt enjoys your feedback. You can reach him at:
-Link to Matt’s Email: Matthew.McAleer@Cumber.com
-Link to Matt’s Twitter: https://twitter.com/MattMcAleer4
-Link to Matt’s LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Feel free to email us at info@cumber.com or give us a call at (800) 257-7013
Contact Matt or any one of our advisors by following this link: https://www.cumber.com/our-people/
We now know that the first person who contracted a mysterious pneumonia in Wuhan actually fell ill on December 1, almost two weeks earlier than Chinese authorities initially claimed. (See “Did China downplay the coronavirus outbreak early on?” https://www.vox.com/2020/1/27/21082354/coronavirus-outbreak-wuhan-china-early-on-lancet, and “Wuhan seafood market may not be source of novel virus spreading globally,” https://www.sciencemag.org/news/2020/01/wuhan-seafood-market-may-not-be-source-novel-virus-spreading-globally). That information [Continued…]
Our strategic, market-oriented view of the impeachment proceedings sets aside the personal views of those in our company. Among our 45 people we are as diverse in our opinions as you would expect. We have Democrats and Republicans, conservatives and liberals, and we have civil discussions among us, which go on constantly. Personal views are [Continued…]
Because of the impeachment hearings, little if any attention has been or is likely to be paid this week to the first FOMC meeting of 2020, on Tuesday and Wednesday. Chair Powell will give his customary press conference, but attention will likely be focused elsewhere, and for good reason. In our view, the FOMC will [Continued…]
Friday, January 31, 2020 – Cumberland Advisors sponsored the Sarasota Ballet‘s after party. Pictured here are Barbara McAleer (Matt McAleer’s wife), the principal dancer from the night’s performance, and Patty Healy, Cumberland’s Senior Vice President of Research.
Quoted: David R. Kotok | Posted on: 02/07/2020 read more
Quoted: David R. Kotok | Posted on: 02/06/2020 read more
Quoted: David R. Kotok | Posted on: 02/05/2020 read more
Quoted: David R. Kotok | Posted on: 02/04/2020 read more
Quoted: David R. Kotok | Posted on: 02/03/2020 read more
Quoted: David R. Kotok | Posted on: 02/03/2020 read more
Cumberland Advisors is pleased to announce that registration is now open for our annual conference, “Understanding Global Markets & Finance”. This is our Fourth Annual Financial Literacy Day of advanced concepts and discussions held at the University of South Florida Sarasota-Manatee (USFSM). We plan a deep dive into the Bond Market where we’ll examine the categories of debt and the influences on those categories including budget deficits plus larger issues like central bank QE and its impacts on interest rates for this debt. We’re also featuring a discussion about Real Time Payments (RTP) to include Bitcoin, Libra, Venmo and other versions of electronic money. Do you trust Big Tech with your wallet?
Our conference wraps with a Keynote Speech from Loretta Mester, President of the Federal Reserve Bank of Cleveland. Her areas of research expertise and interest include the organizational structure and productive efficiency of financial institutions, financial intermediation and regulation, agency problems in credit markets, credit card pricing, central bank governance, and inflation. See her bio & cv here.
If you’re interested in learning more about financial markets and the economy (and escaping the snow for our friends in northern climes), please join us on Friday, February 14, 2020 in Sarasota, Florida. Information and registration here: https://www.interdependence.org/events/browse/fourth-annual-financial-literacy-day/
Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.
Sign up for our FREE Cumberland Market Commentaries
Cumberland Advisors Market Commentaries offer 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.
Posted on: 02/08/2020 Watch Video
Bloomberg Markets and Finance
Feb.06 — David Kotok, Cumberland Advisors chairman and chief investment officer, discusses his outlook for U.S. stocks with Bloomberg’s Vonnie Quinn and Guy Johnson on “Bloomberg Markets.”
Watch in the embedded player or at this link: https://www.youtube.com/watch?v=-bb0dO29PP8
Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.
Sign up for our FREE Cumberland Market Commentaries
Cumberland Advisors Market Commentaries offer 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.
Posted on: 02/06/2020 Watch Video
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 of interest to our audience. Your feedback is always welcome.
As part of Cumberland Advisors’ continuous effort to maintain strong customer relationships, we offer this week’s short video discussing current market conditions and how we are positioning portfolios.
Matt McAleer talks about his week in trading and he touches on these point and more:
-Fixed Income on fire!
-How does a market rest?
-Excuses for change in momentum
-What will let us know how strong demand is?
-We put some cash to work.
-We talk about our “buy” signals
-Where do we see panic?
-What about coronavirus?
Watch in the video player above or at this link: https://youtu.be/aE7j5XRNiG0
Have a great weekend and thank you for joining us at Cumberland Advisors.
Matt enjoys your feedback. You can reach him at:
-Link to Matt’s Email: Matthew.McAleer@Cumber.com
-Link to Matt’s Twitter: https://twitter.com/MattMcAleer4
-Link to Matt’s LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Feel free to email us at info@cumber.com or give us a call at (800) 257-7013
Contact Matt or any one of our advisors by following this link: https://www.cumber.com/our-people/
Our strategic, market-oriented view of the impeachment proceedings sets aside the personal views of those in our company. Among our 45 people we are as diverse in our opinions as you would expect. We have Democrats and Republicans, conservatives and liberals, and we have civil discussions among us, which go on constantly. Personal views are [Continued…]
Because of the impeachment hearings, little if any attention has been or is likely to be paid this week to the first FOMC meeting of 2020, on Tuesday and Wednesday. Chair Powell will give his customary press conference, but attention will likely be focused elsewhere, and for good reason. In our view, the FOMC will [Continued…]
At any given time, there are at least four or five people (and often up to six or seven) working on our ETF trading accounts and strategies. We continually challenge each other as part of our investment process. We debate all points of view, and we freely express differences of opinion. We try to read [Continued…]
At Cumberland, we take time to track viral outbreaks for two reasons: (1) Epidemics and pandemics do have market consequences and raise risk, and (2) they can be deadly. SARS, bird flu, Zika, Ebola, and more make the list of outbreaks we have followed closely. In the case of Zika, we wrote a detailed pamphlet [Continued…]
In my opinion the speculation about a conspiracy at the St. Louis Fed may be fodder for internet speculation, but it is simply not true. There is coincidence in timing of unrelated announcements. We believe it is pure coincidence. Here’s the fact set. 1. On January 16, 2020, the St. Louis Fed discontinued the series [Continued…]
I’ll be speaking at The MoneyShow Orlando, February 6-8, 2020!
During this three-day educational conference for self-directed investors and traders, attendees will receive real-time market and economic analysis, hear hundreds of specific buy/sell recommendations, listen how 150+ experts are adapting their strategies, have an opportunity to test-drive new tools, with a lot more planned by the organizers.
f you’d like to join me, register here to secure your spot. We convene at the Omni Orlando Resort at ChampionsGate in sunny Florida.
My Presentation Schedule:
Retirement and Income Panel* (For Financial Advisors Only)
The Federal Reserve and Your Portfolio
Additional featured speakers joining me include:
Learn more at their site, The MoneyShow.
Sincerely,
John Mousseau
President, CEO, & Director of Fixed Income
Cumberland Advisors
Quoted: David R. Kotok | Posted on: 01/30/2020 read more
Quoted: David R. Kotok | Posted on: 01/29/2020 read more
Quoted: David R. Kotok | Posted on: 01/28/2020 read more
Quoted: David R. Kotok | Posted on: 01/28/2020 read more
Quoted: David R. Kotok | Posted on: 01/27/2020 read more
Quoted: David R. Kotok | Posted on: 01/25/2020 read more
Quoted: David R. Kotok | Posted on: 01/23/2020 read more
Quoted: John R. Mousseau, CFA | Posted on: 01/20/2020 read more
Cumberland Advisors is pleased to announce that registration is now open for our annual conference, “Understanding Global Markets & Finance”. This is our Fourth Annual Financial Literacy Day of advanced concepts and discussions held at the University of South Florida Sarasota-Manatee (USFSM). We plan a deep dive into the Bond Market where we’ll examine the categories of debt and the influences on those categories including budget deficits plus larger issues like central bank QE and its impacts on interest rates for this debt. We’re also featuring a discussion about Real Time Payments (RTP) to include Bitcoin, Libra, Venmo and other versions of electronic money. Do you trust Big Tech with your wallet?
Our conference wraps with a Keynote Speech from Loretta Mester, President of the Federal Reserve Bank of Cleveland. Her areas of research expertise and interest include the organizational structure and productive efficiency of financial institutions, financial intermediation and regulation, agency problems in credit markets, credit card pricing, central bank governance, and inflation. See her bio & cv here.
If you’re interested in learning more about financial markets and the economy (and escaping the snow for our friends in northern climes), please join us on Friday, February 14, 2020 in Sarasota, Florida. Information and registration here: https://www.interdependence.org/events/browse/fourth-annual-financial-literacy-day/
Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.
Sign up for our FREE Cumberland Market Commentaries
Cumberland Advisors Market Commentaries offer 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.
Posted on: 02/01/2020 Watch Video
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 of interest to our audience. Your feedback is always welcome.
As part of Cumberland Advisors’ continuous effort to maintain strong customer relationships, we offer this week’s short video discussing current market conditions and how we are positioning portfolios.
Matt McAleer talks about his week in trading and John Mousseau joins us for his view on bonds and employment.
* Headline Risk – This week was fraught with it.
* What do we like? Large Cap Growth.
* What concerns us? How quickly Small Caps and Mid Caps fade.
* How/When we look at break out summaries. What tips us off?
* If there’s something that’s bothering us in an otherwise very solid market, it’s that weakness in Small Caps and semi-weakness in Mid Caps.
* John Mousseau talks about Cumberland’s defensive strategy on bonds.
* John also discusses the employment numbers.
Watch in the video player above or at this link: https://youtu.be/5ZwRKgHVUdI
Would you like to leave a comment for John? Contact him or any one of our advisors by following this link: https://www.cumber.com/our-people/ Or email us at info@cumber.com or give us a call at (800) 257-7013
Have a great weekend and thank you for joining us at Cumberland Advisors.
Matt enjoys your feedback. You can reach him at:
-Link to Matt’s Email: Matthew.McAleer@Cumber.com
-Link to Matt’s Twitter: https://twitter.com/MattMcAleer4
-Link to Matt’s LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Call Matt: (800) 257-7013
My friend and fishing buddy David “Rosie” Rosenberg has launched his own eponymous economic consultancy. Here’s his website link: https://www.rosenbergresearch.com. Rosie has given us permission to share his year-end review with our readers. Here’s a thought-provoking trove of information and we provide a small excerpt below (full review including charts is in linked PDF). If […]
For the people of Puerto Rico, natural disasters have become all too commonplace. Two years ago there was Hurricane Maria, which claimed thousands of lives and caused billions in damages. Now the island has experienced a series of earthquakes (the largest being a magnitude 6.4), which have again caused destruction and again brought fear and […]
Beginning in 2018, in a long sequence of actions, the US enacted tariffs on goods from a number of countries besides just China. In some cases the affected countries responded with their own retaliatory tariffs on US products. As a consequence of the timing and the short periods that many of the tariffs have been […]
2019 saw bond yields turn around from their climb in 2018 and move lower. Since the Federal Reserve changed their language last December to being accommodative and data-driven, we have seen yields across the board come down a lot. There is no question that this drop in yields was driven, in large part, by what […]
Read to learn more about the thinking behind Cumberland Advisors’ positioning of portfolios and how we execute strategies in our Q3 Reviews. [Continued…]
I’ll be speaking at The MoneyShow Orlando, February 6-8, 2020!
During this three-day educational conference for self-directed investors and traders, attendees will receive real-time market and economic analysis, hear hundreds of specific buy/sell recommendations, listen how 150+ experts are adapting their strategies, have an opportunity to test-drive new tools, with a lot more planned by the organizers.
f you’d like to join me, register here to secure your spot. We convene at the Omni Orlando Resort at ChampionsGate in sunny Florida.
My Presentation Schedule:
Retirement and Income Panel* (For Financial Advisors Only)
The Federal Reserve and Your Portfolio
Additional featured speakers joining me include:
Learn more at their site, The MoneyShow.
Sincerely,
John Mousseau
President, CEO, & Director of Fixed Income
Cumberland Advisors
Author: Robert Eisenbeis, Ph.D., Post Date: July 12, 2019
Johnny Hart, the creator of the comic strip BC, created an economy in which clams served as currency. Clams were plentiful, so no one ran out of currency, except that an occasional clam had cartoon legs and opted for a different career. A currency in the form of a good is of course nothing new [Continued…]
Author: Robert Eisenbeis, Ph.D., Post Date: July 23, 2019
We received several comments from readers concerning some of the key points in our recent commentary “Clams or Gold.” Below is an abbreviated version of the questions, to which responses are then supplied. Comment: You may have seriously misled readers because both the purity of the official gold bullion and measurement of ounces have remained [Continued…]
Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.
Sign up for our FREE Cumberland Market Commentaries
Cumberland Advisors Market Commentaries offer 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.
Posted on: 01/18/2020 Watch Video
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 of interest to our audience. Your feedback is always welcome.
As part of Cumberland Advisors’ continuous effort to maintain strong customer relationships, we offer this week’s short video discussing current market conditions and how we are positioning portfolios.
Matt McAleer talks about his week in trading and John Mousseau joins us for his view on bonds and employment.
* Headline Risk – This week was fraught with it.
* What do we like? Large Cap Growth.
* What concerns us? How quickly Small Caps and Mid Caps fade.
* How/When we look at break out summaries. What tips us off?
* If there’s something that’s bothering us in an otherwise very solid market, it’s that weakness in Small Caps and semi-weakness in Mid Caps.
* John Mousseau talks about Cumberland’s defensive strategy on bonds.
* John also discusses the employment numbers.
Watch in the video player above or at this link: https://youtu.be/5ZwRKgHVUdI
Would you like to leave a comment for John? Contact him or any one of our advisors by following this link: https://www.cumber.com/our-people/ Or email us at info@cumber.com or give us a call at (800) 257-7013
Have a great weekend and thank you for joining us at Cumberland Advisors.
Matt enjoys your feedback. You can reach him at:
-Link to Matt’s Email: Matthew.McAleer@Cumber.com
-Link to Matt’s Twitter: https://twitter.com/MattMcAleer4
-Link to Matt’s LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Call Matt: (800) 257-7013
Taking a look at the president’s pocket veto
Quoted: David R. Kotok | Posted on: 01/10/2020
Instant View: Iran Missile Attack Roils Financial Markets
Quoted: David R. Kotok | Posted on: 01/08/2020
Bloomberg Markets: The Close Full Show with David R. Kotok (Video)
Quoted: David R. Kotok | Posted on: 01/07/2020
Vanguard’s market forecasts for 2020 and beyond? Higher, but not as juicy as the 2010 decade.
Quoted: David R. Kotok | Posted on: 01/01/2020
BondBuyer – It’s a wrap: Munis end on a quiet note
Quoted: John R. Mousseau, CFA | Posted on: 01/01/2020
NPR – A Decade After A Fearful Market Hit Bottom, Stock Bulls Continue Historic Run
Quoted: David R. Kotok | Posted on: 12/30/2019
David Kotok: Discussion of Financial Markets with Chuck Jaffe – Money Life (Radio)
Quoted: David R. Kotok | Posted on: 12/27/2019
Surveillance: Negative Rates with Mohamed El-Erian (Bloomberg Radio Podcast)
Quoted: David R. Kotok | Posted on: 12/24/2019
Susan Dushock, ‘one of a kind’ muni analyst, dies at 65
Quoted: John R. Mousseau, CFA | Posted on: 12/18/2019
Weighing The Week Ahead: 20/20 Visions
Quoted: David R. Kotok | Posted on: 12/16/2019
ESG investing is getting hotter (pun intended). We are watching organizations change their institutional asset allocation to increase their exposure to environmental, social, and/or governance standards that are acceptable to the trustees or boards or donors. Those incoming flows into the ESG space mean higher stock prices for the companies and securities that meet the [Continued…]
We may not like the direction of the world, but our task as investment advisors is to set aside personal and political views when we make buy-sell-hold decisions for client portfolios that we manage. As we proceed into 2020, our US ETF portfolio will continue to be overweight the defense and aerospace subsector of America’s [Continued…]
International equity markets – that is, stock markets outside the US – finished the year robustly, with the iShares MSCI All Country ex US ETF, ACWX, gaining 7% in the 4th quarter on a total return basis. For the year as a whole, ACWX gained 16.5%. While this was less than the US market’s 28.3% [Continued…]
Read to learn more about the thinking behind Cumberland Advisors’ positioning of portfolios and how we execute strategies in our Q3 Reviews. [Continued…]
I’ll be speaking at The MoneyShow Orlando, February 6-8, 2020!
During this three-day educational conference for self-directed investors and traders, attendees will receive real-time market and economic analysis, hear hundreds of specific buy/sell recommendations, listen how 150+ experts are adapting their strategies, have an opportunity to test-drive new tools, with a lot more planned by the organizers.
f you’d like to join me, register here to secure your spot. We convene at the Omni Orlando Resort at ChampionsGate in sunny Florida.
My Presentation Schedule:
Retirement and Income Panel* (For Financial Advisors Only)
The Federal Reserve and Your Portfolio
Additional featured speakers joining me include:
Learn more at their site, The MoneyShow.
Sincerely,
John Mousseau
President, CEO, & Director of Fixed Income
Cumberland Advisors
Cumberland Advisors’ David R. Kotok talks about negative interest rates, NIRP, and says the European Central Bank’s (ECB) Christine Lagarde has a difficult task right now.
He also discusses China, the pork shortage, and the impact of viruses on the global food supply.
Running time 25:02, David is introduced at the 10:45 mark – Play Episode: https://www.bloomberg.com/news/audio/2019-11-27/surveillance-negative-interest-rates-with-kotok-podcast
Also see David’s Nov 25, 2019 commentary on NIRP: https://www.cumber.com/cumberland-advisors-market-commentary-nirp-lagarde-trump-dickens-holidays/
Author: David R. Kotok, Post Date: July 3, 2012
Javad Karimi-Qoddusi, a member of the parliamentary National Security and Foreign Policy Committee, said: “In line with this bill and Iran’s sovereign rights, the Islamic Republic of Iran will not let oil tankers, which carry oil to the countries that have imposed sanctions against Iran, such as the European Union, the USA, and occupier Israel, pass through.” He added: “When they impose sanctions on Iran unfairly, the implementation of sovereign rights in Iran’s internal and coastal waters is the least solution.” Source BBC Monitoring Newsfile, July 2, 2012
In the most recent issue of Foreign Affairs (July-August, 2012) Kenneth Waltz argues why Iran should be allowed to get the bomb. In the previous issue, Jacques Hymans argues why the Iranian leadership will “botch” it up and fail to get the bomb. Strategists may debate with words. Iran advances with centrifuges. [Continued…]
Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.
Sign up for our FREE Cumberland Market Commentaries
Cumberland Advisors Market Commentaries offer 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.
Posted on: 01/11/2020 Watch Video
January 6th, 2020
David Kotok joins Bloomberg’s Scarlet Fu and Romaine Bostick bring you the latest news and analysis leading up to the final minutes and seconds before the closing bell on Wall Street. Today’s show tackles Boeing’s finance problems, Middle East tensions. and CES Guests Today: David Kotok of Cumberland Advisors, Fmr. NY Fed President Bill Dudley, Brenda Shaffer of Georgetown University, Author Abigail Wen, Chris Grisanti of Grisanti Capital Management, Cristiano Amon of Qualcomm, Jonathan Golub of Credit Suisse Securities (Source: Bloomberg)
Watch the show in the player or at Bloomberg: https://www.bloomberg.com/news/videos/2020-01-07/-bloomberg-markets-the-close-full-show-1-6-2020-video
Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.
Sign up for our FREE Cumberland Market Commentaries
Cumberland Advisors Market Commentaries offer 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.
Posted on: 01/07/2020 Watch Video
Dec 31, 2019
John R. Mousseau sums up performance for municipal bonds and talks about Cumberland Advisors’ defensive strategy.
Posted on: 12/31/2019 Watch Video
