Tag Archives: Climate Change

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Cumberland Advisors Market Commentary – Polar Vortex

Author: David R. Kotok, Post Date: February 18, 2021
Market Commentary - Cumberland Advisors - Polar Vortex

A Feb.16 Bloomberg article delved into the somewhat surprising connection between a warming Arctic and the subzero temperatures and widespread blackouts in Texas: “How the Warming Arctic Helped Drive a Deep Freeze Into Texas,” https://www.bloomberg.com/news/articles/2021-02-16/how-the-warming-arctic-helped-drive-a-deep-freeze-into-texas. We recently featured a guest commentary by Bob Bunting, CEO of the Climate Adaptation Center (CAC), regarding the polar vortex. […]

Cumberland Advisors Guest Commentary – The Polar Vortex Is Coming To A State Near You!

Author: Bob Bunting, Post Date: January 28, 2021
Climate Adaptation Center

At Cumberland, we pay attention to weather trends and phenomena since severe weather and the destruction left in its wake can affect municipal bonds and reconstruction efforts may result in new bond offerings to meet repair and improvement costs. Bob Bunting, CEO of the Climate Adaptation Center (CAC), has given us permission to share his […]

Cumberland Advisors Guest Commentary – Hurricanes, Bob Bunting, CAC

Author: Bob Bunting, Post Date: November 18, 2020
Bob Bunting - CEO, Climate Adaptation Center (CAC)

Municipal bond ratings are affected by the preparedness of the issuers for severe weather, the impacts of climate change, and other factors that may affect credit ratings. Cumberland Advisors takes a keen interest in the micro and macro details surrounding municipalities and weather events. Our colleague Bob Bunting, meteorologist, professor, and former executive at both […]

Cumberland Advisors Market Commentary – Hurricane Roxcy or Hurricane Bob?

Author: , Post Date: November 8, 2020
Hurricane Roxcy or Hurricane Bob

“Biden’s proposals to increase taxes on the wealthy and corporations – not to mention a $2 trillion plan to fight climate change – would stand virtually no chance in a Mitch McConnell-led Republican Senate” (https://www.bloomberg.com/news/newsletters/2020-11-05/a-biden-agenda-might-stall-before-it-starts).  Let’s devote Sunday to the climate. Climate change is a big agenda item for Biden & Co. But a gridlocked […]

Cumberland Advisors Market Commentary – Wildfire: Correction and Addition

Author: David R. Kotok, Post Date: September 22, 2020
Cumberland Advisors Market Commentary - Wildfire Correction and Addition

In our recent commentary “Wildfire: More Than a Song” https://www.cumber.com/cumberland-advisors-market-commentary-wildfire-more-than-a-song/, we stated that our nation’s federally owned forests “are housed in the Department of the Interior.” That is true up to a point: The Bureau of Land Management (BLM), which is an arm of the Department of the Interior, does manage 246 million acres of […]

Cumberland Advisors Market Commentary – Wildfire: More Than a Song

Author: David R. Kotok, Post Date: September 20, 2020
Cumberland Advisors Market Commentary - Wildfire More Than a Song

Let’s begin this missive with some remarks on wildfire issues from Philippa Dunne of TLR Analytics. Philippa has vast personal experience with fires and is one of our nation’s highly skilled analysts of labor data cohorts, including firefighters. “Over the last decades, yes decades, news pieces on short-handed fire-crews losing control of western fires have […]

Cumberland Advisors Market Commentary – Amazon Fires – More Irrefutable Evidence

Author: David R. Kotok, Post Date: November 14, 2019
Market Commentary - Cumberland Advisors - Brazil & Amazon Fires

We thank the many readers who responded positively to our recent report on Brazil and deforestation in the Amazon. For a researcher and a writer, it is affirming to get some positive feedback. Not all readers’ responses were favorable. One broker called it the “the dumbest thing I have read.” Another person said, “The world […]

Cumberland Advisors Market Commentary – Rome (Earth) Burns: Guess Who Fiddles?

Author: David R. Kotok, Post Date: November 12, 2019
Market Commentary - Cumberland Advisors - Rome (Earth) Burns Guess Who Fiddles (Kotok)

Climate change is real. For the sake of our children and grandchildren, we must be talking about it seriously and thoughtfully. The 25th UN Climate Summit anniversary meeting is in Madrid in a few weeks. Massively updated data are forthcoming as 200 countries participate. Only the US is in denial and withdrawal. (See “Madrid to […]

Cumberland Advisors Market Commentary – Fire and Water

Author: Patricia Healy, CFA, Post Date: November 1, 2019
Market Commentary - Cumberland Advisors - California - A Note on the Fires

The fires engulfing parts of California are feared to become the nation’s worst fire disaster, possibly surpassing 2017 and 2018 fire events. Spurred on by wind gusts of up to 80 mph, this disaster harkens back to Superstorm Sandy, which occurred seven years ago, in October 2012. Superstorm Sandy soaked the Northeast, and its 80-mph […]