Tag Archives: William Witherell

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Cumberland Advisors Market Commentary – Struggling with the Pandemic and Brexit in the UK

Author: William Witherell, Ph.D., Post Date: February 12, 2021
Cumberland Advisors Market Commentary by William "Bill" Witherell, Ph.D.

The timing could not have been worse. The United Kingdom exited the European Union on January 1 in the middle of the second wave of the COVID-19 pandemic, which was striking the UK with particular force, driven by a new, more infectious strain. On January 6, the third strict lockdown affecting all parts of the […]

Cumberland Advisors Market Commentary – US vs. China – Competition vs. Conflict

Author: William Witherell, Ph.D., Post Date: January 25, 2021
Market Commentary - Cumberland Advisors - US vs. China – Competition vs. Conflict

China’s economy grew at a 6.5% year-over-year rate in the fourth quarter, bringing growth for the full year 2020 to 2.3%. China’s was the only major economy to expand last year, despite the outbreak of the pandemic and the related economic shutdowns early in the year in China. That positive growth compares with a 3.5% […]

Cumberland Advisors Market Commentary – South Africa Facing a Resurgence of the Virus

Author: William Witherell, Ph.D., Post Date: January 14, 2021
Cumberland Advisors Market Commentary by William "Bill" Witherell, Ph.D.

In recent weeks, a new and more contagious variant of COVID-19 has been surging in South Africa, with per capita new infections and deaths approaching the globally leading rates being experienced in the UK and the USA. While on December 26 the seven-day rolling average of new South African cases per 100,000 people was 19.86, […]

Cumberland Advisors Market Commentary – International Equities at Year-end 2020 & the Promise Ahead

Author: Bill Witherell, Ph.D., Post Date: December 23, 2020
Market Commentary - Cumberland Advisors - International Equities at Year-end 2020 and the Promise Ahead by William Witherell, Ph.D.

During March and April of this year, the global economy and equity markets were hit with a severe shock from the COVID-19 pandemic and the widespread lockdown measures governments imposed in response. In May and June, the spread of infection lessened in many economies, lockdowns were largely ended, and restrictions eased. Equity markets started a […]

Cumberland Advisors Market Commentary – Decision Time for the UK and Europe

Author: William Witherell, Ph.D., Post Date: December 2, 2020
Market Commentary - Cumberland Advisors - Decision Time for the UK and Europe by William Witherell, Ph.D

Time is running out for the UK and Europe to reach an agreement on the terms under which the UK will leave the European Union (EU) at year end. Also, the member countries of the European Union have yet to reach final agreement on a much-needed, massive additional fiscal stimulus package. The substance and timing […]

Cumberland Advisors Market Commentary – China Update – Ant Versus the State

Author: William Witherell, Ph.D., Post Date: November 9, 2020
Cumberland Advisors Market Commentary by William "Bill" Witherell, Ph.D.

Last week, the Ant Group was expected to list in Shanghai and Hong Kong the largest IPO in history. However, on Tuesday, November 3, the Shanghai Stock Exchange announced it had postponed the company’s listing, citing “major issues” that might cause it “not to meet the listing conditions or disclosure requirements.” The IPO listing was […]

Cumberland Advisors Market Commentary – China and Wall Street – Decoupling or Linking?

Author: Bill Witherell, Ph.D., Post Date: October 19, 2020
China and Wall Street – Decoupling or Linking by William Witherell, Ph.D

For at least three decades, under both Republican and Democratic administrations, the United States has urged China to open up its financial markets to foreign capital and foreign financial firms. However, as part of a broader strategy to decouple relationships with China, President Donald Trump’s administration appears to want global financial firms to pull back […]

Cumberland Advisors Market Commentary – International Equity ETF Q3 Overview and Outlook

Author: William Witherell, Ph.D., Post Date: October 5, 2020
Market Commentary - Cumberland Advisors - William 'Bill' Witherell - International Equity ETF Q3 Overview and Outlook

The global economy is expected to have registered a stronger than anticipated rebound in the third quarter with record-breaking growth rates after output collapsed in the first half of the because of the COVID-19 pandemic. The reopening of businesses and the easing of lockdowns and other restrictions in many countries allowed the rapid pickup in […]

Cumberland Advisors Market Commentary – UK Facing Virus Second Wave and Brexit Deadline

Author: William Witherell, Ph.D., Post Date: September 29, 2020
Market Commentary - Cumberland Advisors - UK Facing Virus Second Wave and Brexit Deadline

United Kingdom stocks are underperforming the Eurozone markets as the nation faces the double challenges of an upsurge in virus infections and time running out in the deadlocked negotiations with the EU on Brexit. Over the past three months through September 24, the iShares MSCI United Kingdom ETF, EWU, lost 5.0% on a total return […]

Cumberland Advisors Market Commentary – The Second Wave of COVID-19 Confronts Western Europe

Author: William Witherell, Ph.D., Post Date: September 9, 2020
CA-Market-Commentary-The Second Wave of COVID-19 Confronts Western Europe

The rebound in the European economies following the sharp fall in March and April is threatened by a second wave of COVID-19 cases. As a result of vacation travel and an easing of restrictions, case growth in Western Europe has returned to levels last seen in May, with 1,094,194 confirmed cases as of the end […]