Market Commentary

Insights

Cumberland Advisors Market Commentary offers 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. Our readers appreciate its timeliness, depth of analysis, and quality of research.

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  • MAATMAN
     Author(s): David R. Kotok | Thu April 28, 2022

    Cumberland Advisors Market Commentary - MAATMAN by David R. Kotok


    We’ve received permission from AMG Funds to share a chart they have created. We thank Ben Stevens for granting permission.

     

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    Here’s Ben’s morning missive for…


  • Russia Default? Let's Ask Norbert Gaillard.
     Author(s): David R. Kotok | Tue April 26, 2022

    Cumberland Advisors Market Commentary - Russia Default - Let's Ask Norbert Gaillard by David R. Kotok


    Sign up for FREE Cumberland Advisors Market Commentaries  

    Yahoo Finance ran this story about Russia and default: “Russia's debt default will be one of the hardest in history to resolve and could see the US seize the central bank's…


  • Zika, Polio, Covid!
     Author(s): David R. Kotok | Sun April 24, 2022

    Cumberland Advisors Market Commentary Sunday 2022 Zika, Polio, Covid by David R. Kotok


    This Sunday, we are combining three elements into one commentary. Readers will see why we at Cumberland still favor the healthcare sector in our US Equity ETF portfolio. That sector is destined to stay very busy.


  • The European Central Bank’s Dilemma
     Author(s): William H. Witherell, Ph.D. | Fri April 22, 2022

    European Bank Dilemma


    Last week, as both central bankers and investors seek to chart the best path ahead through uncertain and volatile waters, the European Central Bank (ECB) delivered a dovish surprise to the market. Current uncertainty about the future exceeds the usual range faced by central bankers.…


  • Blanchflower Responses
     Author(s): David R. Kotok | Thu April 21, 2022

    Blanchflower Responses


    We thank readers for their notes and replies to “Blanchflower & Recession,” the commentary we offered with Danny Blanchflower about recession and with the help of Philippa Dunne on labor force data. For readers who missed it, here’s the link: https://www.cumber.com/market-commentary/…


  • Blanchflower & Recession
     Author(s): David R. Kotok | Tue April 19, 2022

    Blanchflower


    I think of my friend Danny Blanchflower in four ways: (1) Dartmouth Professor of Economics with special focus on labor force analysis, (2) former monetary policymaker at the Bank of England, (3) Fellow in the GIC College of Central Bankers, (4) fishing enthusiast with…


  • Plagues? 1 or 10 or Many?
     Author(s): David R. Kotok | Sun April 17, 2022

    Plagues? 1 or 10 or Many?


    When it comes to plagues, the most famous ones in the Judeo-Christian tradition are remembered in the festival of Passover.

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    The story of the ten plagues of Egypt, described in Exodus, has been…


  • Covid Update & an Invitation to Learn More About Russia/Ukraine & Impacts on Markets & More
     Author(s): David R. Kotok | Fri April 15, 2022

    Covid Ukraine


    Stats by state:  Source is Becker’s Hospital Review, April 14.

    COVID-19 hospitalization rates COVID-19 test positivity rates Percentage of population fully vaccinated COVID-19 death rates ICU utilization Staffing shortages Booster rates COVID-19 vaccination rates up/down COVID-19…
  • Fore!
     Author(s): John R. Mousseau, CFA | Thu April 14, 2022

    Fore!


    The errant financial golf ball that is the municipal bond market has now careened out of bounds and landed – for now – in a spot where we think the lie is extremely attractive: 4% on long-maturity tax-free bonds that are insured or high-grade.

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  • Q1 2022 Municipal Credit Commentary – Pandemic and Now War!
     Author(s): Patricia M. Healy, CFA | Tue April 12, 2022

    ca-patricia-healy-q1-2022-municipal-credit-commentary-pandemic-and-now-war


    This quarter was overshadowed by the invasion of Ukraine by Putin.  Nonetheless, there were many developments in Muniland. Discussions on improving muni reporting of ESG risks and outcomes continued. Assured Guaranty Municipal (AGM) was upgraded by Moody’s to A1 based on substantial progress of…


 

 

"The mind is not a vessel to be filled but a fire to be kindled."

Plutarch