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.
Dear Clients & Friends,
Thank you for joining Cumberland Advisors for this end-of-week update on market conditions, bonds & equities with Matt McAleer and John Mousseau, CFA.
Matt McAleer on ETFs & Equities
-I have a chart to share with you
-NASDAQ, QQQ, Qs!
-Weeks of backing and filling before this move higher
-Don't get distracted and off-course. What really determines price in equities is supply and demand
-Demand for high-quality, high-growth, large-cap names is very solid right now
-The amount of liquidity in the environment right now has been looking for a home
-Sometimes that liquidity finds a home in an area that can pay you two, two 1/2% in dividend yield vs. a ten year at 60-65 basis points. This makes things very attractive on the equity side.
-One thing we know: there will be volatility, ups, downs, rips higher & dips lower
-If value can help out growth, that's very solid breath in the market
John Mousseau's Update on the Fixed Income Market
-We discuss jobless claims
-Good news? Overall level of virus infections dropping
-Existing home sales up 22% based upon
(1) Low mortgage rates
(2) Movement out of cities
(3) Low supply
-Next week we'll look at durable goods and employment claims again
-How will taxes/municipals be positioned after the elections?
Please reach out with any questions/comments you may have about this update; we appreciate your calls, comments, and emails. Watch this week's video in the player above or at this link: https://youtu.be/NSQ4xtkd4RI
Stay safe, healthy, and have a great weekend.
-Matt McAleer & Cumberland Advisors
Matt enjoys your feedback. You can reach him at:
-Link to Matt's Email: Matthew.McAleer@Cumber.com
-Link to Matt's Twitter: https://twitter.com/MattMcAleer4
-Link to Matt's LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Call Matt: (800) 257-7013
Other questions or comments? Email us at info@cumber.com or give us a call at (800) 257-7013.
Contact Matt or any one of our advisors by following this link: https://www.cumber.com/our-people/
IN THE NEWS
CNN – Wall Street’s worst nightmare isn’t Trump or Biden. It’s no clear winner at all
Quoted: David R. Kotok | Posted on: 08/20/2020 read more
Inflation TIPS: Living On The Hedge
Quoted: John R. Mousseau, CFA | Posted on: 08/15/2020 read more
WaPo – In a bleak economy, these companies are flourishing
Quoted: David R. Kotok | Posted on: 08/15/2020 read more
Camp Kotok: Maine Woods, Economists & Wine
Quoted: David R. Kotok | Posted on: 08/08/2020 read more
Highlands News Sun – COVID-19: Florida vs. Taiwan
Quoted: David R. Kotok | Posted on: 08/08/2020 read more
Barron’s – July Jobs Report: Better Than Expected, Better Than Feared
Quoted: William Witherell, Ph.D. | Posted on: 08/07/2020 read more
The U.S. election is getting ugly – and investors are getting nervous
Quoted: David R. Kotok | Posted on: 07/31/2020 read more
Favor Asia Economies That Are Managing Pandemic: Kotok (Radio)
Quoted: David R. Kotok | Posted on: 07/30/2020 read more
BondBuyer – Largest municipal bond deals coming from Texas, Colo. and Calif.
Quoted: Shaun Burgess | Posted on: 07/24/2020 read more
TREASURIES-Yields fall ahead of TIPS auction
Quoted: John R. Mousseau, CFA | Posted on: 07/23/2020 read more
BondBuyer – Confidence high among muni investors
Quoted: John R. Mousseau, CFA | Posted on: 07/16/2020 read more

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.
To read current and past commentaries, visit https://www.cumber.com/category/market-commentary/
Japan’s Economy, Stocks, and Corporate Governance
Author: William Witherell, Ph.D., Post Date: August 20, 2020

Inflation?
Author: Robert Eisenbeis, Ph.D., Post Date: August 19, 2020

Diverse Political Views & Markets
Author: , Post Date: August 17, 2020

Sunday Report: Gainesville Party Responses
Author: , Post Date: August 16, 2020

Zika & COVID-19: We Need Action Now!
Author: David R. Kotok, Post Date: August 14, 2020

Interest Rates and Yield Curve Control, Part 2
Author: , Post Date: August 13, 2020

A Quick Look at Job Creation
Author: Robert Eisenbeis, Ph.D., Post Date: August 11, 2020

Managing Hurricane Risk in a Bond Portfolio
Author: John R. Mousseau, CFA & Patricia Healy, CFA, Post Date: August 10, 2020

Interest Rates and Yield Curve Control, Part 1
Author: David R. Kotok, Post Date:

Paulding County, Georgia
Author: David R. Kotok, Post Date: August 9, 2020

Credit Spreads
Author: David R. Kotok, Post Date: August 6, 2020
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. […]
Why Investors Are Looking at Taiwan
Author: William Witherell, Ph.D., Post Date: August 5, 2020
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 […]
David Kotok talks about the current green shoots of progress with China and Trade Talks
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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.