Tag Archives: Federal Reserve Bank

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Cumberland Advisors Market Commentary – More on Fed Liquidity and Lending Programs

Author: Robert Eisenbeis, Ph.D., Post Date: July 10, 2020
Market Commentary - Cumberland Advisors - More on Fed Liquidity and Lending Programs (Eisenbeis)

The Federal Reserve continues to support financial markets, including the commercial paper market, the repo market, the municipal securities market, money market mutual funds, central bank liquidity swaps, and primary dealers. This is in addition to the usual discount window facility that provides credit to commercial banks. In many cases there are either published maximums […]

Instant View: Wall Street backslides on economic gloom, uptick in virus cases

Author: , Post Date: June 12, 2020
Cumberland-Advisors-David-Kotok-In-The-News

Instant View: Wall Street backslides on economic gloom, uptick in virus cases Reuters – June 12, 2020 Excerpt below: NEW YORK (Reuters) – Wall Street indexes nosedived on Thursday, on track for their worst days since early in the coronavirus pandemic as investors reassessed a stocks resurgence after the Fed issued a gloomy growth forecast […]

Dow plunges nearly 3,000 points as Fed intervention does little to subdue Wall Street’s distress

Author: , Post Date: March 17, 2020
Cumberland-Advisors-David-Kotok-In-The-News

Dow plunges nearly 3,000 points as Fed intervention does little to subdue Wall Street’s distress U.S. markets went deep red on coronavirus fears, shredding roughly 12 percent from the S&P 500 and Nasdaq By David J. Lynch – The Washington Post – March 16, 2020 Excerpt below: Fears that policymakers have not done enough to […]

Cumberland Advisors Market Commentary – Whatever It Takes, Part II

Author: Robert Eisenbeis, Ph.D., Post Date: March 15, 2020
Whatever It Takes, Part II

On Thursday, March 12, the Federal Reserve announced additional measures designed to send a message to markets that the Fed is there should it be needed. Pundits hyped that the Fed was going to inject up to $1.5 trillion of liquidity into financial markets, but that amount is misleading in many important ways. First, the […]

Cumberland Advisors Market Commentary – No Conspiracy at St. Louis Fed.

Author: David R. Kotok, Post Date: January 21, 2020
Market Commentary - Cumberland Advisors - No Conspiracy at St. Louis Fed

In my opinion the speculation about a conspiracy at the St. Louis Fed may be fodder for internet speculation, but it is simply not true. There is coincidence in timing of unrelated announcements.  We believe it is pure coincidence. Here’s the fact set. 1. On January 16, 2020, the St. Louis Fed discontinued the series […]

Surveillance: Negative Rates with Mohamed El-Erian (Bloomberg Radio Podcast)

Author: David R. Kotok, Post Date: December 24, 2019
Surveillance Negative Rates with Mohamed El-Erian (Bloomberg Radio Podcast)

Surveillance: Negative Rates with Mohamed El-Erian (Bloomberg Radio Podcast) Hosts: Tom Keene, Jon Ferro, and Pimm Fox David Kotok, Cumberland Advisors Co-Founder & CIO, says negative interest rates are at a peak. Michael Holland, Holland & Co. Chairman and Founder, thinks the Fed is far more important for markets than a U.S.-China trade deal. Dana […]