Tag Archives: Maduro


Gold Is Surging. How to Play It With ETFs

Author: , Post Date: June 21, 2019

Excerpt from Barron’s Gold Is Surging. How to Play It With ETFs 06/21/2019 By Evie Liu While gold doesn’t offer yield like bonds do, this matters less in a world where rates on many fixed-income assets are at historic lows. Investors also expect the Federal Reserve to cut its target rate later this year, which […]

Cumberland Advisors Market Commentary –  Defense Expenditures

Author: David R. Kotok, Post Date: May 8, 2019

Most Americans have never heard of the Stockholm International Peace Research Institute, www.sipri.org. A few minutes surfing their website might just inspire you to add it to your list of independent research sources. You can check out the role of the military in Venezuela and how it is supporting Maduro as a result of the financial […]

Venezuela Poses Health Risk in the Americas

Author: David R. Kotok, Post Date: March 11, 2019
Bandera_de_Venezuela_en_el_Waraira_Repano by Jonathan Alvarez C

The economic and political dimensions of Venezuela’s collapse have dominated headlines, but the country is also being undermined by a healthcare crisis that could spread to all of Latin America. The situation in Venezuela demonstrates how failed government and economic collapse can lead to the unchecked spread of infectious disease, creating headaches across a region […]

Venezuela Implodes, Neighbors Suffer

Author: Bill Witherell, Ph.D., Post Date: August 28, 2018
Cumberland Advisors Market Commentary - Bill Witherell, Ph.D.

Last week Venezuela devalued its currency, the bolivar, by 95%, cutting five zeros off the exchange rate. This measure was a desperate response to hyperinflation that reached an astonishing rate of 83,000% YoY in July, with prices doubling every 26 days. The IMF has projected the rate could reach one million percent this year. Cash transactions […]

In South America: Mendacity versus Perspicacity

Author: David Kotok, Post Date: June 1, 2016
Cumberland Advisors Market Commentary by David Kotok

I write as a follow-up to our South America trip. For a terrific summary of the Argentina-Uruguay experience, we offer the “Weekly Economic Update” from Michael Drury, GIC chairman and chief economist at MacVean. The report is available here: https://www.cumber.com/pdf/EU05-13-2016.pdf. We thank Michael for permission to link to his commentary. Meanwhile, the former president of […]