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.
My friend Steve sent this terrific musical dance video. Enjoy. Please notice how deeply you see ballet training in so many of the dancers we recognize. Here it is: https://youtu.be/GC9tnARzIbU The second time I watched it, I thought more particularly about ballet and, then, memories of performances unfurled in my mind. With […]
A Bleak Short-Term COVID Outlook, Then Recovery Dawns Fact is, during the darkest hours before light breaks, dawn is already racing toward us across the surface of the turning world. That’s an image – a reassuring metaphor – that can sustain us now. America’s darkest hours in the COVID-19 pandemic lie just ahead, over the […]
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 […]
Will the NASDAQ crash? We get that question often. Here’s a Bloomberg discussion on that subject and a Bloomberg chart comparing the NASDAQ bubble 20 years ago with the NASDAQ spike this year: “Nasdaq-100 Stumbles Near Dot-Com Era Record Versus Dow,” https://theonedave.tumblr.com/post/634605567333236737/nasdaq-100-stumbles-near-dot-com-era-record-versus. And here’s a Cumberland commentary we wrote at the peak of the NASDAQ […]
Investors and clients ask about the transportation sector and specifically airlines. The outlook is dependent on travelers’ perceived personal safety (COVID vaccines and treatment options) in addition to economic recovery that can generate the incomes to cover the costs. There isn’t much more we can add to that investment perspective. We do field direct questions […]
On November 11, 1918, President Woodrow Wilson signed the agreement that ended the fighting in World War 1, a conflict that engulfed 30 nations and cost millions of lives (estimates vary). In June of 1919, the Treaty of Versailles would attempt to forge the terms of the peace. Months later, on November 11, 1919, Wilson […]
“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 […]
Here’s the link to the Congressional Research Service report on the Electoral College timeline. Hat tip Politico. https://crsreports.congress.gov/product/pdf/IF/IF11641 David R. Kotok Chairman of the Board & Chief Investment Officer Email | Bio 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 […]
Jack replied to our comments about voting systems and their integrity. Here’s most of his note, to think about on this Election Day: Hi David, I am in Savannah until Covid is over. Permanent residence Atlanta. Set up absentee ballots earlier in the year to come to Atlanta. Reaffirmed for general election in July–August period. […]
The 2000 recount was a mess. A contested election now would be much scarier for Wall Street By Matt Egan, CNN Business – November 2, 2020 Excerpt below: New York (CNN Business)Uncertainty is the enemy of markets. And it doesn’t get much more uncertain than a messy fight over who the leader of the free […]
