Tag Archives: Shaun Burgess

image_pdfimage_print

BondBuyer – Largest municipal bond deals coming from Texas, Colo. and Calif.

Author: , Post Date: July 24, 2020
Cumberland-Advisors-Shaun-Burgess-In-The-News

Excerpt from… The Bond Buyer “Largest municipal bond deals coming from Texas, Colo. and Calif. “ By Chip Barnett, Christine Albano, July 24, 2020 Municipal yields held steady as the market awaits large Texas and California deals. The new-issue calendar features billion dollar deals from the Southwest and West regions of the country. The cities […]

Market Commentary: Puerto Rico Earthquakes – Insult to Injury

Author: , Post Date: January 15, 2020
Market Commentary Puerto Rico

For the people of Puerto Rico, natural disasters have become all too commonplace. Two years ago there was Hurricane Maria, which claimed thousands of lives and caused billions in damages. Now the island has experienced a series of earthquakes (the largest being a magnitude 6.4), which have again caused destruction and again brought fear and […]

4Q2019 Review: Puerto Rico

Author: Shaun Burgess, Post Date: January 3, 2020
Market Commentary Puerto Rico

As we reflect on a tumultuous fourth quarter for the Commonwealth of Puerto Rico, early progress in 2019 in the island’s bankruptcy brought optimism, however that optimism has since turned to frustration as headway has slowed, uncertainty has increased, and questions remain unanswered. October saw the release of a plan of adjustment to restructure the […]

Puerto Rico House votes to resist pension cuts

Author: , Post Date: October 22, 2019
Cumberland-Advisors-Shaun-Burgess-In-The-News

Excerpt from… The Bond Buyer “Puerto Rico House votes to resist pension cuts” By Robert Slavin, October 22 2019 The Puerto Rico House voted unanimously to not collaborate with pension cuts found in Puerto Rico’s proposed plan of adjustment. The House voted 49 to 0 with two members absent on Monday for the resolution that […]

Puerto Rico Governor to Resign, Protesters Warn Successor: ‘You’re Next’

Author: , Post Date: July 26, 2019
Cumberland-Advisors-Shaun-Burgess-In-The-News

Excerpt from… Puerto Rico Governor to Resign, Protesters Warn Successor: ‘You’re Next’ By Nick Brown July 25, 2019 SAN JUAN (Reuters) – Puerto Ricans danced among the brightly colored houses of San Juan on Thursday after Governor Ricardo Rosselló capitulated to 12 days of protests and announced his resignation, but many in the crowd warned […]

Cumberland Advisors Market Commentary – The People Have Spoken

Author: Shaun Burgess, Post Date: July 25, 2019
Market Commentary Puerto Rico

There comes a breaking point for everything, a moment, an “Arab spring,” when people governed by the callous and corrupt stand up and say enough. For the citizens of Puerto Rico that moment came after the indictment of two former island officials on corruption charges and the release of a private group chat between Governor […]