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… Municipal short-end rally grinds on By Lynne Funk, Christine Albano, Chip Barnett – The Bond Buyer May 19, 2020 The municipal market continued its short-end rally Tuesday with yields falling by as much as seven basis points, amid a well-functioning new-issue market that saw deals re-priced to lower yields. Amid an otherwise quiet […]
Illinois to sell debt as fiscal woes worsen in coronavirus outbreak by Karen Pierog – May 05, 2020 CHICAGO, May 5 (Reuters) – Illinois, the U.S. state in the worst fiscal straits even before the COVID-19 pandemic, faces high borrowing costs when it sells $2.2 billion of debt starting on Wednesday, in part to deal […]
Excerpt from… Dislocations in trading, pricing remain in municipal market By Lynne Funk, Christine Albano, Chip Barnett Apr 30, 2020 The municipal secondary was steady according to AAA benchmarks but several trades pointed to dislocations on several high-grade names. Market participants indicated the dislocations were likely attributable to month-end accounting issues. There still was a […]
The Sarasota Herald Tribune featured this commentary in their business section. Mitch McConnell as Meredith Whitney By John R. Mousseau, CFA Posted Apr 27, 2020 Senate Majority Leader Mitch McConnell was reported last week by Bloomberg News saying that he “would certainly be in favor of allowing states to use the bankruptcy route” rather than […]
Join John R. Mousseau, president & CEO of Cumberland Advisors, as he walks you through the analysis of treasury, taxable, and municipal markets, federal monetary policy, and administration of fiscal policy. Watch in the embedded player or here: Bond Markets Through the Coronavirus Learn more about John Mousseau here: https://www.cumber.com/team/john-r-mousseau/ Links to other websites or […]
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team. These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We also include older commentaries that our editors have determined may be of interest to our audience. Your feedback […]
Senate Majority Leader McConnell yesterday was reported by Bloomberg News as saying that he “would certainly be in favor of allowing states to use the bankruptcy route” rather than giving them a Federal bailout. This reminded us of 2010 when Meredith Whitney, a noted bank analyst, predicted that there would be hundreds of billions of […]
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team. These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We also include older commentaries that our editors have determined may be of interest to our audience. Your feedback […]
Lots of Muni Bonds Are Going to Be Just Fine by Barry Ritholtz – April 13, 2020 (Bloomberg Opinion) — In an extraordinary attempt to help the economy in the midst of the coronavirus economic downturn, the Federal Reserve’s balance sheet has ballooned to more than $6 trillion. How this has affected fixed-income pricing, yield, […]
John Mousseau on Risk in the Fixed Income Market (Podcast) Bloomberg Masters in Business Podcast – April 11, 2020 Bloomberg Opinion columnist Barry Ritholtz speaks with John R. Mousseau, who is president, chief executive officer and director of fixed income at Cumberland Advisors. Mousseau is also co-author of the book “Adventures in Muniland: A Guide […]
