Tag Archives: Trade War

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Western Trip-Part 1

Author: David R. Kotok, Post Date: July 16, 2018
Cumberland Advisors Market Commentary by David Kotok

We’re back. During travels in four states (CO, ID, UT, WY) and participating in the Rocky Mountain Summit public conference, two private roundtables, client meetings, and prospect presentations, I encountered hundreds of business-people, econ and financial types, legal and accounting professionals, and others. They mostly leaned Republican; most were Trump voters; and most were high-income […]

Trump Trade War, Soybeans, Danielle DiMartino Booth, Bill Poole

Author: David R. Kotok, Post Date: July 10, 2018
Cumberland Advisors Market Commentary by David Kotok

Former St. Louis Fed President Bill Poole who also was an economic adviser to Ronald Reagan has written about Trump-Trade policy and published this profoundly instructive commentary on July 2. He reveals the money conflict of interests that lurk behind some of the tariffs and he proposes a simple solution.  Here is the link: The […]

USA walks back China tech investment restrictions

Author: , Post Date: July 1, 2018
Cumberland-Advisors-David-Kotok-In-The-News

Excerpt from Along the Boards’ article, USA walks back China tech investment restriction: The Commerce Department is still looking into enhanced export controls, which would stop United States firms from shipping certain technology to China. “We have a confusing message coming from our government”, said David Kotok, chief investment officer of Cumberland Advisors, which manages […]

Is The U.S. Headed For Recession?

Author: , Post Date: June 29, 2018
Cumberland-Advisors-David-Kotok-In-The-News

We are seeing the deterioration of a great American export. The U.S. is squandering a competitive advantage. And the buyer comes here to make the purchase and pays cash. We don’t have to ship a higher education anywhere. And school by school by school, we see a shrinking population of foreign students applying and coming to the U.S.

How Trump’s travel ban undermines a key US export: Higher education

Author: , Post Date: June 28, 2018
Cumberland-Advisors-David-Kotok-In-The-News

We are seeing the deterioration of a great American export. The U.S. is squandering a competitive advantage. And the buyer comes here to make the purchase and pays cash. We don’t have to ship a higher education anywhere. And school by school by school, we see a shrinking population of foreign students applying and coming to the U.S.

Trump can’t figure out what he wants from China

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

“We have a confusing message coming from our government,” said David Kotok, chief investment officer of Cumberland Advisors, which manages $3 billion in assets. “If policy evolves in a week, and it’s based on what somebody sees on Fox News, then you’ve got a problem.”

The dangers of Trump’s immigration crackdown

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

The benefits of tax bill and repatriation and deregulation are being replaced or muted with higher uncertainty premia and more cost. Navarro has already induced a slowing of growth in H2. If the Trump-Navarro drumbeat continues, they are inviting global growth slowdown and maybe even recession.

Dow dives as trade war angst boosts investor anxiety over growth, earnings

Author: , Post Date: June 26, 2018
Cumberland-Advisors-David-Kotok-In-The-News

Confusion over the administration’s China trade policy related to technology caused a sell-off that pushed the Dow Jones industrial average down nearly 500 points before it recovered and finished down 328 points, or 1.3 percent, at 24,253. Wall Street fears that economic growth is slowing around the globe as a result of the trade friction. […]

Dollar May Have Not Peaked Yet, Cumberland Advisors CIO Says

Author: , Post Date: June 24, 2018
Bloomberg - David Kotok - Dollar May Have Not Peaked Yet

Dollar May Have Not Peaked Yet, Cumberland Advisors CIO Says Bloomberg Daybreak: Australia June 24th, 2018, 7:25 PM EDT  David Kotok, chairman and chief investment officer at Cumberland Advisors Inc., shares his views on emerging markets, the trade disputes and the dollar. He speaks with Haidi Lun and Yvonne Man on “Bloomberg Daybreak: Australia.” (Source: […]