Since 1973, Cumberland Advisors has been a trusted source for market expertise, personal service, and individual and institutional money management. We are an independent, fee-for-service money management firm managing over $3 billion in assets.
Excerpt from… Stocks Decline; Dollar Snaps Four-Day Retreat: Markets Wrap By BLOOMBERG NEWS – 03/30/2020 Stocks declined on Monday and U.S. equity futures slipped after a bounce in risk assets last week was buried by three days of negative news on the coronavirus. The dollar rebounded and Treasuries turned higher, while oil fell. Drops in […]
Excerpt from… Morning Money – Trump’s dangerous dance with Wall Street By BEN WHITE and AUBREE ELIZA WEAVER – 03/25/2020 CNBC reported that President Donald Trump and Vice President Mike Pence held a conference call on Tuesday with big Wall Street investors to discuss re-starting the economy during the coronavirus crisis. Titans on the call […]
As stock markets tumble because of coronavirus, this time feels different Traditional methods for arresting an investor panic might be no match for fallout from global pandemic By David J. Lynch Feb 28 Excerpt below… The coronavirus panic that sent stock markets tumbling this week has triggered calls for the federal government to intervene, relying […]
U.S. markets drop into correction territory, extending brutal week of losses Traditional methods for arresting an investor panic might be no match for fallout from global pandemic By David J. Lynch, Rachel Siegel and Thomas Heath – Feb 27 Excerpt below… The Dow Jones industrial average plunged nearly 1,200 points on Thursday, capping its worst […]
Without a vaccine, the best medicine for an epidemic is the truth. Lies and cover-ups make matters worse; we all know it. We recently saw it in Wilmington, North Carolina, where a fake news report of coronavirus cases triggered disruption in the regional medical system. It is hard to catch a perpetrator of an internet […]
Excerpt from… Morning Money – Wall Street set for big drop By BEN WHITE and AUBREE ELIZA WEAVER – 02/24/2020 Markets set for big fall — Wall Street seems set for another significant drop Monday morning as the number of coronavirus cases outside China surged. The big rise in stocks remains a strong positive for […]
Excerpt from… This Stock Market Surge Could Have a Ridiculously Surprising Catalyst The U.S. stock market could be on the verge of another surge, and the catalyst could come from a ridiculously unlikely place: coronavirus. by Josiah Wilmoth – February 4, 2020 Why Coronavirus Could Inflate the U.S. Stock Market No one doubts that the […]
Excerpt from… Morning Money – 2020 finally gets real By BEN WHITE and AUBREE ELIZA WEAVER – 02/03/2020 TRADE DEAL CONSPIRACY? — Cumberland’s David Kotok emails MM: “There is enough evidence now disclosed to establish that China covered up the virus event in December and very early January. That is certainly true in the Wuhan […]
Excerpt from… Bracing for Bernie: Why Sanders could be a nightmare for Wall Street By Matt Egan, CNN Business – February 3, 2020 Biden is calling for higher corporate taxes but has not rolled out a wealth tax like Sanders. “I believe the market can live with Joe Biden because he’s accepted as more of […]
Excerpt from Politico’s Morning Money Coronavirus update By BEN WHITE and AUBREE ELIZA WEAVER – 01/28/2020 Coronavirus update — I wrote here about the walloping markets took over the latest news of the coronavirus spread with the Dow closing down around 460. Key line from David Kotok: “If we see an outbreak, or a cluster […]
