Excerpt from...

Fed-Watchers Emphasize Policy Continuity in Biden’s Pick

BloombergQuint

Bob Eisenbeis, vice chairman of Cumberland Advisors

“The appointments keep two qualified, experienced people in place while allowing other people to come in and gain familiarity with the issues.”

“Their challenge will be inflation, which now doesn’t look transitory -- that plus normalization of the balance sheet without causing a recession.”

Read full story here: https://www.bloombergquint.com/onweb/fed-watchers-emphasize-continuity-for-policy-in-biden-s-picks

Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.

Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.