Excerpt from Politico By BEN WHITE 09/12/2019 MORE FED BASHING — It’s old hat by now. But Trump went hard after the central bank again on Wednesday, calling Chair Jay Powell and his colleagues “Boneheads” for not cutting rates to zero or below. Interest rates, of course, are not the problem with the economy. And […]
Excerpt from The Fiscal Times By Michael Rainey 09/11/2019 President Trump blasted the “boneheads” at the Federal Reserve Wednesday for failing to reduce interest rates to zero or below. “The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE […]
Excerpt from Politico By QUINT FORGEY 09/11/2019 President Donald Trump on Wednesday called on the Federal Reserve to slash U.S. interest rates “down to ZERO,” admonishing chairman Jerome Powell and other leaders of the U.S. central bank as “Boneheads.” “The Federal Reserve should get our interest rates down to ZERO, or less, and we should […]
Yahoo Finance Highlight: David Kotok on why washing machines are an important reference point in the trade war Watch the embedded video from Twitter & Yahoo Finance below. Highlight: @CumberlandADV’s David Kotok on why washing machines are an important reference point in the trade war: pic.twitter.com/AiVc8c1WNQ — Yahoo Finance (@YahooFinance) September 3, 2019 […]
David Kotok: an ‘old curmudgeon’ in finance, not afraid of Trump by John Biers, AFP • August 24, 2019 Excerpt: New York (AFP) – Investment advice from financial managers generally follows a predictable template: Update clients on the economy and stock market, endorse long-term investing — and avoid hot-button topics. David Kotok, a veteran financial […]
Yahoo Finance Highlight: FAANG stocks hit hard by U.S.-China trade war August 6, 2019 Watch the embedded video from Yahoo Finance below. Tech stocks take a beating as the trade war drags on. Yahoo Finance s Julie Hyman, Adam Shapiro, Sibili Marcellus and David Kotok of Cumberland Advisors discuss. Links to other websites or […]
Yahoo Finance Highlight: Fed Chairs warn Washington that meddling could lead to market instability August 6, 2019 Watch the embedded video from Yahoo Finance below. An unprecedented op-ed in the Wall Street Journal, penned by Former Fed Chairs, call for the Central Bank to remain independent. Yahoo Finance’s Julie Hyman, Adam Shapiro, Sibilie Macellus, Brian […]
We Are Not Clear About a Future Fed Path, Says Cumberland Advisors’s Kotok July 31, 2019 David Kotok, chairman and chief investment officer at Cumberland Advisors, discusses the Fed decision and the way forward for markets. He speaks on “Bloomberg Daybreak: Asia.” Watch at Bloomberg TV or in the embedded player below.
UBS Sees No Fed Rate Cut Until at Least 2021 June 18, 2019 David Kotok, Cumberland Advisors Chairman and CIO, and Laura Kane, UBS head of Americas investing themes, discuss their outlook for the Fed. They appear on “Bloomberg Daybreak: Americas.” Watch at Bloomberg TV or in the embedded player below.
U.S. Trade Representative is grilled on Capitol Hill about China and Mexico June 18, 2019 President Trump’s top trade negotiator Robert Lighthizer was in the Congressional hot seat today facing tough questions from lawmakers on trade and tariffs. Rick Helfenbein, American Apparel and Footwear Association CEO, joins Yahoo Finance’s Julie Hyman and Adam Shapiro, Cornell […]