Cumberland Advisors Week in Review (Aug 03, 2020 - Aug 07, 2020)

Cumberland Advisors

Sun Aug 9, 2020

The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.

These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We also include older commentaries that our editors have determined may be of interest to our audience. Your feedback is always welcome.

CUMBERLAND ADVISORS' WEEKLY RECAP

As part of Cumberland Advisors' continuous effort to maintain strong customer relationships, we offer this week's short video discussing current market conditions and how we are positioning portfolios.

</p> <p>Dear Clients & Friends,</p> <p>Thank you for joining Cumberland Advisors for this end-of-week update on market conditions, bonds & equities with Matt McAleer and John Mousseau, CFA.</p> <div>This week:</div> <div></div> <div> <div> <p><strong>Matt McAleer on ETFs & Equities</strong></p> <div> <div>-The Market action is broadening</div> <div>-Seeing a bid to previously beaten down value names</div> <div>-Massive cash on the side moving in</div> <div>-Are these catch up trades?</div> <div>-Are we seeing a rotation out of growth names?</div> <div>-For weeks we've seen a steady bid to value</div> <div>-As long as money is looking for new homes, the market should retain a bid</div> <div>-There will still be pullbacks</div> <div>-We're seeing big upgrades in earnings estimates</div> <div>-We're seeing a little frothy sentiment coming from the institutional crowd</div> <div>-Massive Fed Liquidity has to find a home somewhere and we're watching it</div> </div> <p> </p> <p><strong>John Mousseau's Update on the Fixed Income Market</strong></p> <div> <div>-T-Yields basically where they were last Friday</div> <div>-Jobs numbers today were good, payrolls higher, unemployment lower</div> <div>-The pace of jobs is slowing, something to keep an eye on</div> <div>-Next week, CPI & PPI will be watched</div> <div>-Fed less concerned about inflation, willing to tolerate it to offset periods of low inflation</div> <div>-As we move forward, we expect to see hope for a vaccine to help move markets</div> <div>-We expect robust muni demand</div> <div>-The possibility of a Biden victory means high muni demand,</div> <div>-Munis have higher value if tax rates go up</div> <div></div> </div> <p>Please reach out with any questions/comments you may have about this update; we appreciate your calls, comments, and emails. Watch in the player above or at this link: <a href="https://youtu.be/Tmpupfrwnfg" target="_blank" rel="noopener noreferrer">https://youtu.be/Tmpupfrwnfg</a></p> </div> </div> <p> </p> <p>Stay safe, healthy, and have a great weekend.</p> <p><strong>-Matt McAleer & Cumberland Advisors</strong></p> <p><em>Matt enjoys your feedback. You can reach him at:</em><br /> -Link to Matt's Email: <a href="mailto:Matthew.McAleer@Cumber.com?subject=Weekly%20Update" target="_blank" rel="noopener noreferrer">Matthew.McAleer@Cumber.com</a><br /> -Link to Matt's Twitter: <a href="https://twitter.com/MattMcAleer4">https://twitter.com/MattMcAleer4</a><br /> -Link to Matt's LinkedIn: <a href="https://www.linkedin.com/in/matthew-c-mcaleer/">https://www.linkedin.com/in/matthew-c-mcaleer/</a><br /> -Call Matt: <a href="tel:800-257-7013p346" target="_blank" rel="noopener noreferrer">(800) 257-7013</a></p> <p>Other questions or comments? Email us at <a href="mailto:info@cumber.com?subject=Comment" target="_blank" rel="noopener noreferrer">info@cumber.com</a> or give us a call at (800) 257-7013.</p> <p><em>Contact Matt or any one of our advisors by following this link: <a href="https://www.cumber.com/our-people/" target="_blank" rel="noopener noreferrer">https://www.cumber.com/our-people/</a> </em></p> <hr /> <h1 class="inner_text_heading">IN THE NEWS</h1> <p><a href="/sites/default/files/uploads/2014/12/InTheNewsLarge.jpg"><img class="aligncenter size-medium wp-image-39870" src="/sites/default/files/uploads/2014/12/InTheNewsLarge-300x165.jpg" alt="Cumberland Advisors In The News" width="300" height="165" /></a></p> <div class="news_outer_main"> <div class="news_row_main clearfix"> <div class="news_right"> <div class="news_row_main clearfix"> <div class="news_right"> <div class="news_row_main clearfix"> <div class="news_right"> <div class="news_row_main clearfix"> <div class="news_right"> <div class="news_row_main clearfix"> <div class="news_right"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/camp-kotok-maine-woods-economists-wine/" target="_blank" rel="noopener noreferrer">Camp Kotok: Maine Woods, Economists & Wine</a></h2> <p>Quoted: David R. Kotok | Posted on: 08/08/2020 <a class="read" href="https://www.cumber.com/camp-kotok-maine-woods-economists-wine/" target="_blank" rel="noopener noreferrer"> <span class="left_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow2.png" alt="" /></span> read more <span class="right_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow3.png" alt="" /></span> </a></p> </div> </div> <div class="news_row_main clearfix"> <div class="news_right"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/highlands-news-sun-covid-19-florida-vs-taiwan/" target="_blank" rel="noopener noreferrer">Highlands News Sun – COVID-19: Florida vs. Taiwan</a></h2> <p>Quoted: David R. Kotok | Posted on: 08/08/2020 <a class="read" href="https://www.cumber.com/highlands-news-sun-covid-19-florida-vs-taiwan/" target="_blank" rel="noopener noreferrer"> <span class="left_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow2.png" alt="" /></span> read more <span class="right_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow3.png" alt="" /></span> </a></p> </div> </div> <div class="news_row_main clearfix"> <div class="news_right"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/barrons-july-jobs-report-better-than-expected-better-than-feared/" target="_blank" rel="noopener noreferrer">Barron’s – July Jobs Report: Better Than Expected, Better Than Feared</a></h2> <p>Quoted: William Witherell, Ph.D. | Posted on: 08/07/2020 <a class="read" href="https://www.cumber.com/barrons-july-jobs-report-better-than-expected-better-than-feared/" target="_blank" rel="noopener noreferrer"> <span class="left_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow2.png" alt="" /></span> read more <span class="right_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow3.png" alt="" /></span> </a></p> </div> </div> <h2 class="inner_text_heading"><a href="https://www.cumber.com/the-u-s-election-is-getting-ugly-and-investors-are-getting-nervous/" target="_blank" rel="noopener noreferrer">The U.S. election is getting ugly – and investors are getting nervous</a></h2> <p>Quoted: David R. Kotok | Posted on: 07/31/2020 <a class="read" href="https://www.cumber.com/the-u-s-election-is-getting-ugly-and-investors-are-getting-nervous/" target="_blank" rel="noopener noreferrer"> <span class="left_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow2.png" alt="" /></span> read more <span class="right_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow3.png" alt="" /></span> </a></p> </div> </div> <div class="news_row_main clearfix"> <div class="news_right"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/favor-asia-economies-that-are-managing-pandemic-kotok-radio/" target="_blank" rel="noopener noreferrer">Favor Asia Economies That Are Managing Pandemic: Kotok (Radio)</a></h2> <p>Quoted: David R. Kotok | Posted on: 07/30/2020 <a class="read" href="https://www.cumber.com/favor-asia-economies-that-are-managing-pandemic-kotok-radio/" target="_blank" rel="noopener noreferrer"> <span class="left_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow2.png" alt="" /></span> read more <span class="right_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow3.png" alt="" /></span> </a></p> </div> </div> <div class="news_row_main clearfix"> <div class="news_right"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/largest-municipal-bond-deals-coming-from-texas-colo-and-calif/" target="_blank" rel="noopener noreferrer">BondBuyer – Largest municipal bond deals coming from Texas, Colo. and Calif.</a></h2> <p>Quoted: Shaun Burgess | Posted on: 07/24/2020 <a class="read" href="https://www.cumber.com/largest-municipal-bond-deals-coming-from-texas-colo-and-calif/" target="_blank" rel="noopener noreferrer"> <span class="left_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow2.png" alt="" /></span> read more <span class="right_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow3.png" alt="" /></span> </a></p> </div> </div> <div class="news_row_main clearfix"> <div class="news_right"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/treasuries-yields-fall-ahead-of-tips-auction/" target="_blank" rel="noopener noreferrer">TREASURIES-Yields fall ahead of TIPS auction</a></h2> <p>Quoted: John R. Mousseau, CFA | Posted on: 07/23/2020 <a class="read" href="https://www.cumber.com/treasuries-yields-fall-ahead-of-tips-auction/" target="_blank" rel="noopener noreferrer"> <span class="left_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow2.png" alt="" /></span> read more <span class="right_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow3.png" alt="" /></span> </a></p> </div> </div> <h2 class="inner_text_heading"><a href="https://www.cumber.com/bondbuyer-confidence-high-among-muni-investors/" target="_blank" rel="noopener noreferrer">BondBuyer – Confidence high among muni investors</a></h2> <p> </p> <p>Quoted: John R. Mousseau, CFA | Posted on: 07/16/2020 <a class="read" href="https://www.cumber.com/bondbuyer-confidence-high-among-muni-investors/" target="_blank" rel="noopener noreferrer"> <span class="left_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow2.png" alt="" /></span> read more <span class="right_go"><img src="https://www.cumber.com/wp-content/themes/cumberland_advisor/images/small_arrow3.png" alt="" /></span> </a></p> </div> </div> <div class="news_row_main clearfix"> <div class="news_right"></div> </div> </div> </div> </div> </div> </div> <hr /> <div class="post-thumbnail"><img class="attachment-post-thumbnail size-post-thumbnail wp-post-image aligncenter" src="/sites/default/files/uploads/2017/03/Market-Commentary-672x245.png" alt="Cumberland Advisors Market Commentary" width="672" height="245" /></div> <div class="static_cont_outer"> <p>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.</p> <p>To read current and past commentaries, visit <a href="https://www.cumber.com/category/market-commentary/" target="_blank" rel="noopener noreferrer">https://www.cumber.com/category/market-commentary/</a></p> </div> <hr /> <header class="entry-header"> <header class="entry-header"> <header class="entry-header"> <header class="entry-header"> <header class="entry-header"> <header class="entry-header"> <header class="entry-header"> <header class="entry-header"> <header class="entry-header"></header> <header class="entry-header"> <header class="entry-header"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-credit-spreads/" rel="bookmark">Credit Spreads</a></h2> <h6><strong>Author:</strong> David R. Kotok, <strong>Post Date:</strong> August 6, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-credit-spreads/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image" src="/sites/default/files/uploads/2020/08/Cumberland-Advisors-Credit-Spreads-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/08/Cumberland-Advisors-Credit-Spreads-672x372.jpg 672w, /sites/default/files/uploads/2020/08/Cumberland-Advisors-Credit-Spreads-1038x576.jpg 1038w" alt="Cumberland Advisors - Credit Spreads" width="672" height="372" /> </a>We track many spreads at Cumberland and circulate a key summary of them every morning. For this public commentary I extracted the ones you see below (the last 7 items are the key ones to examine) because they help tell the story of how the Fed’s activities have decreased risk pricing in the financial markets. […]</p> <hr /> </div> <header class="entry-header"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-why-investors-are-looking-at-taiwan/" rel="bookmark">Why Investors Are Looking at Taiwan</a></h2> <h6><strong>Author:</strong> William Witherell, Ph.D., <strong>Post Date:</strong> August 5, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-why-investors-are-looking-at-taiwan/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image" src="/sites/default/files/uploads/2020/08/Market-Commentary-Cumberland-Advisors-Why-Investors-Are-Looking-at-Taiwan-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/08/Market-Commentary-Cumberland-Advisors-Why-Investors-Are-Looking-at-Taiwan-672x372.jpg 672w, /sites/default/files/uploads/2020/08/Market-Commentary-Cumberland-Advisors-Why-Investors-Are-Looking-at-Taiwan-1038x576.jpg 1038w" alt="Market Commentary - Cumberland Advisors - Why Investors Are Looking at Taiwan" width="672" height="372" /> </a>Consider a place that has had only 476 Covid-19 cases and just 7 deaths. This sounds like a rural town in the US with a small population and good access to medical care. Actually, it is Taiwan, a small country in Asia with a very dense population of 23.6 million people, situated about 100 miles […]</p> <hr /> </div> <header class="entry-header"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-florida-vs-taiwan/" rel="bookmark">Florida vs. Taiwan</a></h2> <h6><strong>Author:</strong> David R. Kotok, <strong>Post Date:</strong> August 4, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-florida-vs-taiwan/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image" src="/sites/default/files/uploads/2020/08/Market-Commentary-Cumberland-Advisors-Florida-vs.-Taiwan-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/08/Market-Commentary-Cumberland-Advisors-Florida-vs.-Taiwan-672x372.jpg 672w, /sites/default/files/uploads/2020/08/Market-Commentary-Cumberland-Advisors-Florida-vs.-Taiwan-1038x576.jpg 1038w" alt="Market Commentary - Cumberland Advisors - Florida vs. Taiwan" width="672" height="372" /> </a>“The first time it’s a novelty. The second time, people know what they’re in for and are less willing to take another hit. The virus is exposing socioeconomic fault lines: it’s harder to stay home with a head cold if you work casual shifts for minimum wage and can’t afford to miss a few days.” […]</p> <hr /> </div> <header class="entry-header"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-some-thoughts-for-a-sunday-morning/" rel="bookmark">Some Thoughts for a Sunday Morning</a></h2> <h6><strong>Author:</strong> David R. Kotok, <strong>Post Date:</strong> August 2, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-some-thoughts-for-a-sunday-morning/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image" src="/sites/default/files/uploads/2020/08/Some-Thoughts-for-a-Sunday-Morning-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/08/Some-Thoughts-for-a-Sunday-Morning-672x372.jpg 672w, /sites/default/files/uploads/2020/08/Some-Thoughts-for-a-Sunday-Morning-1038x576.jpg 1038w" alt="Some Thoughts for a Sunday Morning" width="672" height="372" /> </a>Some Thoughts for a Sunday Morning #1 – Two quotes from Tocqueville: “Liberty cannot be established without morality, nor morality without faith” (Democracy in America, http://libertytree.ca/quotes/Alexis.de.Tocqueville.Quote.8AF2). “The greatness of America lies not in being more enlightened than any other nation, but rather in her ability to repair her faults” (Democracy in America, https://en.wikiquote.org/wiki/Alexis_de_Tocqueville). #2 – […]</p> <hr /> </div> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-markets-election-axios-poll/" rel="bookmark">Markets, Election, Axios Poll</a></h2> <h6><strong>Author:</strong> David R. Kotok, <strong>Post Date:</strong> July 31, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-markets-election-axios-poll/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image aligncenter" src="/sites/default/files/uploads/2019/02/Market-Commentary-Cumberland-Advisors-Generic-for-2019-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2019/02/Market-Commentary-Cumberland-Advisors-Generic-for-2019-672x372.jpg 672w, /sites/default/files/uploads/2019/02/Market-Commentary-Cumberland-Advisors-Generic-for-2019-1038x576.jpg 1038w" alt="Cumberland Advisors Market Commentary" width="672" height="372" /> </a>For the next 100 days or so, the growing focus on the US election may drive news flows and alter markets. Remember, though, there is a chasm between what polls are saying now and what markets are pricing as expectations for tomorrow. Most market agents are looking at 2021 and are now focused on a […]</p> <hr /> </div> <header class="entry-header"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-us-stock-market-sectors-gainesville-florida/" rel="bookmark">US Stock Market Sectors & Gainesville, Florida</a></h2> <h6><strong>Author:</strong> David R. Kotok, <strong>Post Date:</strong> July 29, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-us-stock-market-sectors-gainesville-florida/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image aligncenter" src="/sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-US-Stock-Market-Sectors-Gainesville-Florida-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-US-Stock-Market-Sectors-Gainesville-Florida-672x372.jpg 672w, /sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-US-Stock-Market-Sectors-Gainesville-Florida-1038x576.jpg 1038w" alt="Market Commentary - Cumberland Advisors - US Stock Market Sectors & Gainesville Florida" width="672" height="372" /> </a>We were about to publish this commentary on the American stock market sectors when a news item about the healthcare sector crossed our screen. So we have decided to lead with it and then go to the stock market. Here is a fresh report about behavior and its consequences at a medical school in Gainesville, […]</p> <hr /> </div> <header class="entry-header"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-a-modest-proposal/" rel="bookmark">A Modest Proposal</a></h2> <h6><strong>Author:</strong> Robert Eisenbeis, Ph.D., <strong>Post Date:</strong> July 28, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-a-modest-proposal/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image aligncenter" src="/sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-A-Modest-Proposal-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-A-Modest-Proposal-672x372.jpg 672w, /sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-A-Modest-Proposal-1038x576.jpg 1038w" alt="Market Commentary - Cumberland Advisors - A Modest Proposal" width="672" height="372" /> </a>“In practice, the Fed has never adopted operating procedures designed to control reserves in order to use the money multiplier relationship to control deposits.” (Goodfriend and Hargraves, “A Historical Assessment of the Rationales and Functions of Reserve Requirements,” Source: https://www.richmondfed.org) In response to the pandemic crisis, the Federal Reserve has cut the federal funds rate […]</p> <hr /> </div> <header class="entry-header"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-update-on-fed-repo-and-reverse-repo-facility/" rel="bookmark">Update on Fed Repo and Reverse Repo Facility</a></h2> <h6><strong>Author:</strong> Robert Eisenbeis, Ph.D., <strong>Post Date:</strong> July 27, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-update-on-fed-repo-and-reverse-repo-facility/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image aligncenter" src="/sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-Update-on-Fed-Repo-and-Reverse-Repo-Facility-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-Update-on-Fed-Repo-and-Reverse-Repo-Facility-672x372.jpg 672w, /sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-Update-on-Fed-Repo-and-Reverse-Repo-Facility-1038x576.jpg 1038w" alt="Market Commentary - Cumberland Advisors - Update on Fed Repo and Reverse Repo Facility" width="672" height="372" /> </a>Details on offerings and takedowns are interesting and provide clues as to the state of liquidity, even given the large volume of Treasuries coming to market.</p> <hr /> </div> <header class="entry-header"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-rebekah-jones/" rel="bookmark">Rebekah Jones</a></h2> <h6><strong>Author:</strong> David R. Kotok, <strong>Post Date:</strong> July 26, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-rebekah-jones/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image aligncenter" src="/sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-A-Duel-Over-Data-Or-Three-Cheers-for-Rebekah-Jones-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-A-Duel-Over-Data-Or-Three-Cheers-for-Rebekah-Jones-672x372.jpg 672w, /sites/default/files/uploads/2020/07/Market-Commentary-Cumberland-Advisors-A-Duel-Over-Data-Or-Three-Cheers-for-Rebekah-Jones-1038x576.jpg 1038w" alt="Market Commentary - Cumberland Advisors - A Duel Over Data (Or, Three Cheers for Rebekah Jones)" width="672" height="372" /> </a>A Duel Over Data (Or, Three Cheers for Rebekah Jones) On April 20, 2020, Dr. Deborah Birx, response coordinator for the White House Coronavirus Task Force, praised the Florida Department of Health website for its useful detail: “The Florida Department of Health’s website is extraordinary, and this is what every department of health should have…. […]</p> <hr /> </div> <header class="entry-header"></header> <div class="entry-summary"> <p><span style="color: #3f3f3f;">In its 30th year, the <strong>Frank G. Berlin Sr. Foundation Small Business Awards</strong> recognizes member businesses with locally owned and operated businesses. Cumberland Advisors was recognized last year as the "<strong>Professional Services Business of the year</strong>" for 2019 and we wish the 2020 finalists continued success and luck for this year's selection. The Sarasota Chamber will conduct the event virtually on August 28th from 12 p.m. to 1 p.m. Details here: <a href="https://www.sarasotachamber.com/2020-virtual-sba.html" target="_blank" rel="nofollow noopener noreferrer">https://www.sarasotachamber.com/2020-virtual-sba.html</a><br /> </span></p> <p><a href="https://www.tampabaynewswire.com/2019/07/03/cumberland-advisors-receives-sarasota-chamber-of-commerce-small-business-award-within-the-professional-services-category-78721" target="_blank" rel="noopener noreferrer"><img class="aligncenter wp-image-48883" src="/sites/default/files/uploads/2019/06/The-Greater-Sarasota-Chamber-of-Commerce-Award-650x575.jpg" alt="The Greater Sarasota Chamber of Commerce - SBA 2019 - Winner- Professional Services Category" width="600" height="531" /></a></p> <p>"<strong>July 3, 2019 – Sarasota, Florida – </strong>On Friday, June 14, 2019, business and community leaders gathered for the 29th Frank G. Berlin, Sr. Small Business Awards, presented by the Herald Tribune Media Group. Three finalists were selected across five categories: Hospitality and Tourism, Non-Profit, Products and Services, Retail and Professional Services. We are honored to share that Cumberland Advisors was selected as the winner within the Professional Services category. "</p> <p>Press Release: <a href="https://www.tampabaynewswire.com/2019/07/03/cumberland-advisors-receives-sarasota-chamber-of-commerce-small-business-award-within-the-professional-services-category-78721" target="_blank" rel="nofollow noopener noreferrer">https://www.tampabaynewswire.com/2019/07/03/cumberland-advisors-receives-sarasota-chamber-of-commerce-small-business-award-within-the-professional-services-category-78721</a></p> </div> <div class="entry-summary"> <hr /> </div> </header> </header> </header> </header> </header> </header> </header> <p>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.</p> <p><strong>Sign up for our <a href="https://www.cumber.com/market-commentary-email-sign-up">FREE Cumberland Market Commentaries</a></strong></p> <p>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.</p> </header>

Material and commentaries published in the past may or may not be helpful in analyzing current economic or financial market activity. Please note publishing date when reviewing materials. Please email [email protected] for our current thoughts or to reach an advisor.

Cumberland Advisors Week in Review (Aug 03, 2020 - Aug 07, 2020)

CUMBERLAND ADVISORS' WEEKLY RECAP

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