I wish all Sunday readers and their mothers the very best celebration of their special day, which was formally established in America by President Woodrow Wilson in 1914:

I will start this commentary with a quote received from Politico Playbook on the Sunday morning after the 150th running of the Kentucky Derby, Politico wrote: 

This past week saw the release of a raft of important economic data which, in combination with the FOMC’s decision, have important implications for the path of interest rates through 2024. At the beginning of the week, we got the advance estimate of real GDP growth for Q1 2024…

First a short Sarasota restaurant review. Enough folks liked the prior one, so here’s another one. I lunched alone at Arts & Central, 611 Central Ave. in Sarasota. On a gorgeous spring day, I walked up with no reservation and asked hostess Kaylee for a table outside and in the shade. There…

Artificial intelligence (AI) technology is here and it’s evolving faster than you can say “AI.” Imagine the time you can save if you’re scheduled for a last-minute presentation! But one must be very careful.  

Dear readers: Please consider the following as a discussion point for every investor, board member, or any participant in any endeavor that may require a legal system to resolve any dispute. Thank you for taking a few minutes time to read. Now, let’s begin with a two-minute quiz.  Here’s a quote…

Datatrek summarized things this way: “Without 5 Big Tech names, S&P 500 earnings would be down 6.0 pct in Q1 rather than the consensus estimate of +0.5 pct growth. AMZN, GOOG, META, MSFT and NVDA are the difference. The ‘S&P 495’ are expected to turn the corner later this year,…

There are rapidly changing geopolitical events in the Middle East and Persian Gulf regions plus extraordinary political events in Washington as Speaker Johnson advances a bipartisan effort to pass defense related legislation.  The political extremism is apparent among the far left caucus in the…

The Cumberland Advisors Week in Review + Digest is a compendium of news, commentary, and opinion from or of interest to our team. These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We may include older and/or guest…

Interest rates and inflation are still up, but the Fed has paused and indicated that easing will be the next step. However, given better-than-expected economic data, the estimates of rate cuts are fewer and farther in the future. The stock market performed well in Q1, with expectations of lower…