Cumberland has utilized separately managed accounts (SMAs) to execute its fixed-income strategy since the company’s inception in 1973, long before SMAs were popularized in the early 2000s. The reasons for managing money in this fashion are the same today as they were then:

I would like to thank Byron Callan and Capital Alpha Partners (https://capalphadc.com) for permission to share with our readers their incisive list of bullet points on what we might expect going forward for defense, given the path Vladimir Putin has charted for Russia. “Defense Implications of…

This Sunday we feature the replay of Part 3 in the “Ukraine: What’s Next?” five-part series: “Cyber Security Analysis” (https://www.youtube.com/watch?v=UQRQmLbzDI8&t=281s).

The series is a collaboration among the USF Sarasota-…

​During the first week of June, we gain access to a number of important reports on the US labor market to go along with the inflation data for April. The FOMC, which meets June 13–14, will have one more observation on CPI inflation but will not receive the May PCE until April 30, after the…

“The Great Recalibration”

In a May 13 speech about the Federal Reserve’s recalibration of policy, Cleveland Fed President Loretta Mester mentioned financial stability. This issue is a key element in the Fed’s narrative. Here’s the…

We've witnessed the trillion-dollar crypto meltdown in prices of various cryptocurrency assets. To be more precise, the crypto market cap peak was about $2.7 trillion and now is about $1.1 trillion. Source: Money, Banking and Financial Markets, May 30, 2022.

“Investing and politics don’t mix” concluded a recent Barry Ritholtz Sunday morning column. Here’s the link and citation for readers who are interested: “Dangers of Mixing Business with Politics,” https://ritholtz.com/2018/03/dangers-mixing-business-politics/.

We agree with Barry and…

Dear Clients & Friends, Thank you for watching Cumberland Advisors' Friday, May 27, 2022 Week In Review, an end-of-week update on market conditions, equities & bonds with Matthew C. McAleer, Executive Vice President & Director of Equity Strategies, and John R. Mousseau, President,…

Several readers have asked about the Covid surge in Florida.  For Cumberland‘s office status, if you are planning a visit, please call for the most current status and office protocols. We are open with a blended schedule of in-person and some work-from-home. We…

In April, business activity in China slowed dramatically, following a contraction in March. This development is of global importance to policymakers and investors. The Chinese economy is the world’s second largest, behind only the US economy. While China had limited trade in the 1970s and early…