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.
Elecciones en EE.UU: Wall Street teme que se llegue a los comicios sin un claro ganador a la vista A brief quote by David R. Kotok appears online at the “El Cronista” website. Author Martin Burbridge – September 23. 2020 Original Spanish: Pero incluso Biden tampoco ayudó a calmar a los inversores al advertir que […]
To understand US interest rates and how yield curve control works, it is critical to consider the effects of negative interest rates coupled with yield curve control, as already applied outside the US. We have written several times about the impact of negative interest rate policy (NIRP) on worldwide interest rates. In the current pandemic […]
Many municipal entities are under extreme stress and federal help is needed now.
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 […]
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 […]
The bipartisan House Problem Solvers Caucus (https://problemsolverscaucus-gottheimer.house.gov), led by Reps. Josh Gottheimer (D-NJ) and Tom Reed (R-NY) includes around 50 House members, both Republicans and Democrats. They have proposed a US pandemic aid package that amounts to $1.5 trillion and continues unemployment aid at $450/week, increasing over time to $600/week but not to exceed a […]
Dear snowbirds and tourists: There is no question that Florida’s businesses, restaurants, hotels, fishing guides, and theme parks need you and want you. It’s simple, our state economy depends on visitors, and we want you to come and we want you to spend your money. We’re hurting. Some have asked us about visiting us at […]
Nineteen years ago, September 11, 2001: 7:59 am: American Airlines Flight 11 departed Boston for Los Angeles. 8:14 am: United Airlines Flight 175 departed Boston for Los Angeles. 8:20 am: American Airlines Flight 77 departed Washington DC for Los Angeles. 8:42 am: United Airlines Flight 93 departed Newark for San Francisco. 8:46 am: American Airlines […]
Art Cashin, a UBS stalwart and CNBC commentator from the NYSE floor, is a dear friend and marvelous and sensitive gentleman. He is revered by those who know him as the dean of the investment university called the American stock market. Art was kind enough to give us permission to share his morning missive (September […]
September 9, 2020 – A nice mention from The Liscio Report, Philippa Dunne, and Doug Henwood. Excerpt below: In this morning’s Job Openings and Labor Turnover Survey for July, total job openings rose a statistically significant 0.3%, with twelve of components making that bar, and fifteen left out. Interesting that overall +/-0.2% is significant, but […]
