Tag Archives: Trade War


ASX plunges after US bloodbath

Author: , Post Date: October 12, 2018

Excerpt below: The Australian share market has plunged by more than 2 per cent in early trading following a bloodbath on Wall Street overnight. At 10:15am AEDT on Thursday, the ASX200 index was down by 122.5 points to 5,927.5. It came after Wall Street stocks plunged Wednesday, with major indices losing more than three per […]

The Fed Isn’t Crazy, Trump’s Trade War Is: David Kotok (Radio)

Author: , Post Date:

David Kotok, Chairman & Chief Investment Officer at Cumberland Advisors, on the market selloff, Trump blaming the Fed, and his current economic outlook. Hosted by Pimm Fox and Lisa Abramowicz. Running time 06:48 LISTEN HERE: https://www.bloomberg.com/news/audio/2018-10-11/the-fed-isn-t-crazy-trump-s-trade-war-is-david-kotok-radio NOTE: Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided […]

Dow drops 800 points, led by tech shares, as stock market investors fear higher rates

Author: , Post Date: October 10, 2018

Excerpt below: The Dow plunged more than 800 points Wednesday, its worst drop in eight months. Rising bond yields have been drawing investors out of the stock market. The best-performing stocks over the past year took some of the biggest losses. Growing concerns about the impact of higher borrowing costs on corporate earnings and consumer […]

Trump Trade War & The Keystone Kops

Author: David R. Kotok, Post Date: September 26, 2018
Market Commentary - Cumberland Advisors - Trump Trade War & The Keystone Kops

In his Thoughts from the Frontline letter on Friday, John Mauldin wrapped his own strong remarks on Trump’s trade war with China around a tweet from the vastly experienced and hugely connected Harald Malmgren (https://www.mauldineconomics.com/frontlinethoughts/china-for-the-trade-win): “Check out this unusually blunt tweet from former trade diplomat Harald Malmgren, who literally wrote the book on US trade […]

Something Fishy

Author: David R. Kotok, Post Date: August 14, 2018
Cumberland Advisors Market Commentary by David Kotok

Let’s see. An American company with American employees catches fish. It ships the fish to China. China imposes a tariff or retaliatory tariff when the fish arrives from America. A Chinese company processes the fish and creates frozen fish sticks. The company in China is an American investment, and the labor in China is available […]

Whack a Mole

Author: Robert Eisenbeis, Ph.D., Post Date: July 25, 2018
Cumberland Advisors Market Commentary by Robert Eisenbeis, Ph.D.

In the latest on US trade policy, we are now starting to see the economic consequences of starting a tariff war. Farmers have been complaining that they are being hurt irreparably by the imposition of tariffs in retaliation for the tariffs being imposed on China and our allies. The Trump administration is now proposing to […]