Cumberland Advisors Week in Review (Feb 24, 2020 - Feb 28, 2020)

Cumberland Advisors

Sun Mar 1, 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> </p> <p>Thank you for joining us for another "Cumberland Advisors Week In Review." What a week! Matt McAleer talks about his week in trading and he touches on these point and more:</p> <p>-We have to put our minds around the 30yr Treasury<br /> -Invest in Treasurys or the S&P 500? We talk about it.<br /> -You must be willing to accept risk to make decisions.<br /> -Let's look at some things we like to go over day-by-day.<br /> -How about Supply and Demand? And looking at things from a technical standpoint?<br /> -We have some charts for you to look at with us.<br /> -I like to look at charts without preconceived notions.<br /> -I recommend you look at charts the same way.<br /> -<a href="https://www.cumber.com/team/leo-chen-ph-d/" target="_blank" rel="noopener noreferrer">Dr. Leo Chen</a>, our Quant Analyst and Portfolio Manager, has been taking note of signals - I explain.<br /> -When we look at markets, we look at what is getting bids & what is rallying.<br /> -I share what I didn't expect this week.<br /> -I share some historical information with you.<br /> -This week has been a rare event.<br /> -To conclude: fascinating movement in the fixed income market. The 30 year Treasury down through the S&P 500 is something I haven't seen before. It has happened briefly a couple of times over the last 50-75 years. When it has happened, it was for a very brief period before rates rose again or the market rallied enough to drop that dividend yield.<br /> -We don't try to predict. We work with data.</p> <p>Have you seen the agenda for our upcoming energy conference, called "<strong>An Outlook on Energy Policy</strong>"? It's in partnership with the University of South Florida, Sarasota-Manatee (USFSM) and the Global Interdependence Center (GIC). I'll be speaking at it along with many others including <a href="https://www.cumber.com/team/patricia-healy-cfa/" target="_blank" rel="noopener noreferrer">Patty Healy CFA</a>, Cumberland's Senior Vice President of Research and Portfolio Manager. She'll be exploring, among many issues, water quality and projects, ESG, and municipalities, municipal bonds and municipal credit. Many of these things are tied together with energy investing that the layman may not be aware of. More information is available at this link and in the description at the end of this brief: <a href="https://www.interdependence.org/events/an-outlook-on-energy-policy/" target="_blank" rel="noopener noreferrer">https://www.interdependence.org/events/an-outlook-on-energy-policy/</a></p> <p>Please reach out to me with any questions/comments you may have about this week's video, I always appreciate your calls, comments, and emails.</p> <p>Watch this week's update in the player above or at this link: <a href="https://youtu.be/4aJF0AmsC-A">https://youtu.be/4aJF0AmsC-A</a></p> <p>Have a great weekend and thank you for joining us at Cumberland Advisors.</p> <p>Matt enjoys your feedback. You can reach him at:<br /> -Link to Matt's Email: <a href="mailto:Matthew.McAleer@Cumber.com?subject=Weekly%20Update" target="_blank" rel="noopener noreferrer" data-cke-saved-href="mailto:Matthew.McAleer@Cumber.com?subject=Weekly%20Update">Matthew.McAleer@Cumber.com</a><br /> -Link to Matt's Twitter: <a href="https://twitter.com/MattMcAleer4" data-cke-saved-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/" data-cke-saved-href="https://www.linkedin.com/in/matthew-c-mcaleer/">https://www.linkedin.com/in/matthew-c-mcaleer/</a><br /> -Feel free to email us at <a href="mailto:info@cumber.com?subject=Comment" target="_blank" rel="noopener noreferrer" data-cke-saved-href="mailto:info@cumber.com?subject=Comment">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 /> <div class="entry-summary"> <div class="articltop"> <h1 class="inner_text_heading">Market Commentary</h1> <p><a class="sign_up_btn login-window" href="https://www.cumber.com/category/market-commentary/#login-box1">Sign up for our Market Commentary</a></p> </div> <div class="categorysub"> <article id="post-50521" class="post-50521 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary tag-david-r-kotok tag-inflation tag-year-end-forecast-notes"> <header class="entry-header"> <div class="categorysub"> <article id="post-51134" class="post-51134 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary tag-coronavirus tag-david-r-kotok tag-wuhan"> <header class="entry-header"> <div class="categorysub"> <article id="post-51371" class="post-51371 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary"> <header class="entry-header"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-guest-commentary-guest-words-from-jay-simkin-about-china-virus/" rel="bookmark">Cumberland Advisors Guest Commentary – Guest Words from Jay Simkin about China Virus</a></h2> <h6><strong>Author:</strong> Jay Simkin & David R. Kotok, <strong>Post Date:</strong> February 28, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-guest-commentary-guest-words-from-jay-simkin-about-china-virus/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image" src="/sites/default/files/uploads/2020/02/Market-Commentary-Cumberland-Advisors-Guest-Words-from-Jay-Simkin-about-China-Virus-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/02/Market-Commentary-Cumberland-Advisors-Guest-Words-from-Jay-Simkin-about-China-Virus-672x372.jpg 672w, /sites/default/files/uploads/2020/02/Market-Commentary-Cumberland-Advisors-Guest-Words-from-Jay-Simkin-about-China-Virus-1038x576.jpg 1038w" alt="Market Commentary - Cumberland Advisors - Guest Words from Jay Simkin about China Virus" width="672" height="372" /> </a>Jay Simkin is a skilled global observer who consults privately on global risks. We have exchanged information for many years. Sometimes we don’t agree, but we always maintain a candid exchange and respect for each other’s work. Jay emailed me his own view on the coronavirus and China, and I asked permission to share his [<a href="https://www.cumber.com/cumberland-advisors-guest-commentary-guest-words-from-jay-simkin-about-china-virus/">Continued…</a>]</p> </div> </article> </div> <div class="categorysub"> <article id="post-51345" class="post-51345 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary tag-china tag-coronavirus tag-covid-19 tag-david-kotok tag-president-trump tag-stock-market tag-stocks tag-viral-outbreaks tag-wuhan"> <header class="entry-header"> <div class="entry-meta"></div> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-the-virus-the-truth/" rel="bookmark">Cumberland Advisors Market Commentary – The Virus & The “Truth”</a></h2> <h6><strong>Author:</strong> David R. Kotok, <strong>Post Date:</strong> February 26, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/cumberland-advisors-market-commentary-the-virus-the-truth/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image" src="/sites/default/files/uploads/2020/02/Market-Commentary-Cumberland-Advisors-Coronavirus-COVID-19-Tribute-672x372.jpg" sizes="(max-width: 672px) 100vw, 672px" srcset="/sites/default/files/uploads/2020/02/Market-Commentary-Cumberland-Advisors-Coronavirus-COVID-19-Tribute-672x372.jpg 672w, /sites/default/files/uploads/2020/02/Market-Commentary-Cumberland-Advisors-Coronavirus-COVID-19-Tribute-1038x576.jpg 1038w" alt="Market Commentary - Cumberland Advisors - Coronavirus COVID-19 Tribute" width="672" height="372" /> </a>Without a vaccine, the best medicine for an epidemic is the truth. Lies and cover-ups make matters worse; we all know it. We recently saw it in Wilmington, North Carolina, where a fake news report of coronavirus cases triggered disruption in the regional medical system. It is hard to catch a perpetrator of an internet [<a href="https://www.cumber.com/cumberland-advisors-market-commentary-the-virus-the-truth/">Continued…</a>]</p> </div> </article> </div> <div class="categorysub"> <article id="post-51307" class="post-51307 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary tag-china tag-coronavirus tag-covid-19 tag-datatrek tag-david-r-kotok tag-jessica-rabe tag-nick-colas"> <header class="entry-header"> <h2></h2> <h2 class="inner_text_heading"><a href="https://www.cumber.com/guest-commentary-the-datatrek-research-coronavirus-investor-survey-results/" rel="bookmark">Guest Commentary – The DataTrek Research “Coronavirus” Investor Survey Results</a></h2> <h6><strong>Author:</strong> Nick Colas and Jessica Rabe, <strong>Post Date:</strong> February 24, 2020</h6> </header> <div class="entry-summary"> <p><a class="post-thumbnail" href="https://www.cumber.com/guest-commentary-the-datatrek-research-coronavirus-investor-survey-results/"> <img class="attachment-post-thumbnail size-post-thumbnail wp-post-image" src="/sites/default/files/uploads/2020/02/The-DataTrek-Research-Coronavirus-Investor-Survey-Results.png" sizes="(max-width: 650px) 100vw, 650px" srcset="/sites/default/files/uploads/2020/02/The-DataTrek-Research-Coronavirus-Investor-Survey-Results.png 650w, /sites/default/files/uploads/2020/02/The-DataTrek-Research-Coronavirus-Investor-Survey-Results-300x168.png 300w" alt="The DataTrek Research Coronavirus Investor Survey Results" width="650" height="363" /> </a>Nick Colas and Jessica Rabe of DataTrek Research publish a terrific daily market analysis. They have kindly agreed to let us send their full Coronavirus survey note to our list. We thank them. The full February 23rd letter follows. David R. Kotok Chairman and Chief Investment Officer Email | Bio DATATREK MORNING BRIEFING February 23, [<a href="https://www.cumber.com/guest-commentary-the-datatrek-research-coronavirus-investor-survey-results/">Continued…</a>]</p> </div> </article> </div> <h2></h2> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-wuhan-coverup-and-trade-an-update/" rel="bookmark">Cumberland Advisors Market Commentary – Wuhan Coverup and Trade. An Update.</a></h2> <h6><strong>Author:</strong> David R. Kotok, <strong>Post Date:</strong> February 6, 2020</h6> </header> <div class="entry-summary"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-wuhan-coverup-and-trade-an-update/"><img class="aligncenter wp-image-51012 size-large" src="/sites/default/files/uploads/2020/01/Market-Commentary-Cumberland-Advisors-Corona-Virus-Markets-1024x576.jpg" alt="Market Commentary - Cumberland Advisors - Corona Virus & Markets" width="474" height="267" /></a><br /> What did Beijing know, and when did they know it? Did the Chinese negotiators ask for and obtain Article 7.6 (2) when they already knew they might have to invoke it? Did the US agree with the language in the dispute-resolution section without knowing about the degree of coronavirus spread and risk? Was the US a victim of Chinese deception? [<a href="https://www.cumber.com/cumberland-advisors-market-commentary-wuhan-coverup-and-trade-an-update/">Continued…</a>]</div> </article> </div> <div class="categorysub"> <article id="post-51125" class="post-51125 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary tag-asia tag-china tag-coronavirus tag-william-witherell"> <header class="entry-header"> <div class="entry-meta"></div> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-china-asian-stocks-and-coronavirus-risk/" rel="bookmark">Cumberland Advisors Market Commentary – China, Asian Stocks, and Coronavirus Risk</a></h2> <h6><strong>Author:</strong> William Witherell, Ph.D., <strong>Post Date:</strong> February 5, 2020</h6> </header> <div class="entry-summary"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-china-asian-stocks-and-coronavirus-risk/"><img class="aligncenter wp-image-51128 size-large" src="/sites/default/files/uploads/2020/02/Market-Commentary-Cumberland-Advisors-China-Asian-Stocks-and-Coronavirus-Risk-1024x576.jpg" alt="Market Commentary - Cumberland Advisors - China, Asian Stocks, and Coronavirus Risk" width="474" height="267" /></a><br /> Beginning in late 2019 through the first half of January, stocks in Asia (excluding Japan), led by the Chinese market, rallied, outperforming most other equity markets. However, the region is now challenged by the spread of a new coronavirus originating in China. With an exponential increase in the number of infected cases in China and [<a href="https://www.cumber.com/cumberland-advisors-market-commentary-china-asian-stocks-and-coronavirus-risk/">Continued…</a>]</div> </article> </div> <div class="categorysub"> <article id="post-51099" class="post-51099 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary tag-china tag-coronavirus tag-david-r-kotok tag-wuhan"> <header class="entry-header"> <div class="entry-meta"></div> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-market-commentary-a-wuhan-coverup-and-the-trade-deal/" rel="bookmark">Cumberland Advisors Market Commentary – A Wuhan Coverup and the Trade Deal?</a></h2> <h6><strong>Author:</strong> David R. Kotok, <strong>Post Date:</strong> February 3, 2020</h6> </header> <div class="entry-summary"> <p><a href="https://www.cumber.com/cumberland-advisors-market-commentary-a-wuhan-coverup-and-the-trade-deal/"><img class="aligncenter wp-image-51105 size-large" src="/sites/default/files/uploads/2020/02/Market-Commentary-Cumberland-Advisors-A-Wuhan-Coverup-and-the-Trade-Deal-1024x576.jpg" alt="Market Commentary - Cumberland Advisors - A Wuhan Coverup and the Trade Deal" width="474" height="267" /></a></p> <p>We now know that the first person who contracted a mysterious pneumonia in Wuhan actually fell ill on December 1, almost two weeks earlier than Chinese authorities initially claimed. (See “Did China downplay the coronavirus outbreak early on?” https://www.vox.com/2020/1/27/21082354/coronavirus-outbreak-wuhan-china-early-on-lancet, and “Wuhan seafood market may not be source of novel virus spreading globally,” https://www.sciencemag.org/news/2020/01/wuhan-seafood-market-may-not-be-source-novel-virus-spreading-globally). That information [<a href="https://www.cumber.com/cumberland-advisors-market-commentary-a-wuhan-coverup-and-the-trade-deal/">Continued…</a>]</p> </div> </article> </div> <hr /> </header> </article> </div> <div class="categorysub"> <article id="post-50462" class="post-50462 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary tag-china tag-david-r-kotok tag-hong-kong tag-trade-war"> <div class="entry-summary"> <header class="entry-header"></header> <div class="categorysub"> <article id="post-50727" class="post-50727 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary tag-daniel-himelberger tag-david-r-kotok tag-john-r-mousseau tag-leo-chen tag-matthew-mcaleer tag-quarterly-review tag-shaun-burgess"> <div class="entry-summary"> <div class="categorysub"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/cumberland-advisors-president-ceo-discusses-worst-week-on-wall-street-since-2008-financial-crisis/" target="_blank" rel="noopener noreferrer">Cumberland Advisors President & CEO discusses worst week on Wall Street since 2008 financial crisis</a></h2> </div> </div> </article> </div> <p> </p> <div class="categorysub"> <article id="post-50727" class="post-50727 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary tag-daniel-himelberger tag-david-r-kotok tag-john-r-mousseau tag-leo-chen tag-matthew-mcaleer tag-quarterly-review tag-shaun-burgess"> <div class="entry-summary"> <div class="categorysub"> <p><a href="https://www.snntv.com/story/41833957/cumberland-advisors-president-and-ceo-discusses-worst-week-on-wall-street-since-2008-financial-crisis"><img class="aligncenter wp-image-51404 size-full" src="/sites/default/files/uploads/2020/02/Cumberland-Advisors-President-CEO-discusses-worst-week-on-Wall-Suncoast-News-Video.jpg" alt="Cumberland Advisors President & CEO discusses worst week on Wall - Suncoast News Video" width="600" height="338" /></a></p> <p>Quoted: John R. Mousseau, CFA | Posted on: 02/29/2020 <a class="read" href="https://www.cumber.com/cumberland-advisors-president-ceo-discusses-worst-week-on-wall-street-since-2008-financial-crisis/" 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> </article> </div> </div> </article> </div> </div> <p> </p> <div class="entry-content"></div> <hr /> <h3 class="inner_text_heading">In the News...</h3> <div class="news_row_main clearfix"> <div class="news_right"> <div class="news_outer_main"> <div class="news_row_main clearfix"> <div class="news_right"> <h2 class="inner_text_heading"><a href="https://www.cumber.com/amid-steep-declines-in-stocks-investors-seek-winners-in-health-care/" target="_blank" rel="noopener noreferrer">Amid Steep Declines in Stocks, Investors Seek Winners in Health Care</a></h2> <p>Quoted: David R. Kotok | Posted on: 02/29/2020 <a class="read" href="https://www.cumber.com/amid-steep-declines-in-stocks-investors-seek-winners-in-health-care/" 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/as-stock-markets-tumble-because-of-coronavirus-this-time-feels-different/" target="_blank" rel="noopener noreferrer">As stock markets tumble because of coronavirus, this time feels different</a></h2> <p>Quoted: David R. Kotok | Posted on: 02/28/2020 <a class="read" href="https://www.cumber.com/as-stock-markets-tumble-because-of-coronavirus-this-time-feels-different/" 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/u-s-markets-drop-into-correction-territory-extending-brutal-week-of-losses/" target="_blank" rel="noopener noreferrer">U.S. markets drop into correction territory, extending brutal week of losses</a></h2> <p>Quoted: David R. Kotok | Posted on: 02/27/2020 <a class="read" href="https://www.cumber.com/u-s-markets-drop-into-correction-territory-extending-brutal-week-of-losses/" 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/buy-quality-assets-on-dip-not-junk-cumberlands-kotok-radio-podcast/" target="_blank" rel="noopener noreferrer">Buy Quality Assets on Dip, Not Junk: Cumberland’s Kotok (Radio-Podcast)</a></h2> <p>Quoted: David R. Kotok | Posted on: 02/27/2020 <a class="read" href="https://www.cumber.com/buy-quality-assets-on-dip-not-junk-cumberlands-kotok-radio-podcast/" 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/how-the-coronavirus-could-spark-a-severe-slowdown-or-recession-in-america/" target="_blank" rel="noopener noreferrer">How the coronavirus could spark a severe slowdown or recession in America</a></h2> <p>Quoted: David R. Kotok | Posted on: 02/26/2020 <a class="read" href="https://www.cumber.com/how-the-coronavirus-could-spark-a-severe-slowdown-or-recession-in-america/" 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/are-high-flying-stock-markets-about-to-feel-the-bern/" target="_blank" rel="noopener noreferrer">Are high-flying stock markets about to ‘feel the Bern’?</a></h2> <p>Quoted: David R. Kotok | Posted on: 02/25/2020 <a class="read" href="https://www.cumber.com/are-high-flying-stock-markets-about-to-feel-the-bern/" 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/the-etf-experience-phil-bak-joins-david-kotok-for-conversation-during-inside-etfs-radio-podcast/" target="_blank" rel="noopener noreferrer">The ETF Experience – Phil Bak joins David Kotok for conversation during Inside ETFs (Radio-Podcast)</a></h2> <p>Quoted: David R. Kotok | Posted on: 02/25/2020 <a class="read" href="https://www.cumber.com/the-etf-experience-phil-bak-joins-david-kotok-for-conversation-during-inside-etfs-radio-podcast/" 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/inside-etfs-a-breakdown-of-zero-interest-rate-policy-zirp/" target="_blank" rel="noopener noreferrer">Inside ETFs – A breakdown of zero interest-rate policy (ZIRP)</a></h2> <p>Quoted: David R. Kotok | Posted on: 02/25/2020 <a class="read" href="https://www.cumber.com/inside-etfs-a-breakdown-of-zero-interest-rate-policy-zirp/" 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> </div> </div> <div class="entry-content"> <header class="entry-header"></header> <div class="entry-content"> <div class="pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-right"> <header class="entry-header"> <h2 class="inner_text_heading"></h2> </header> </div> </div> </div> <hr /> <h2>Upcoming event with Cumberland Advisors...</h2> <p><a href="https://www.interdependence.org/events/an-outlook-on-energy-policy/" target="_blank" rel="noopener noreferrer"><img src="https://mcusercontent.com/d6f020f3bd6a1e2c4eb254e6c/images/0807b1d5-6809-48c8-8535-dbc98c3f8863.jpg" width="600" height="337" data-file-id="2708037" /></a></p> <p>Join Cumberland Advisors on Friday, March 20, 2020 for a program called "<strong>An Outlook on Energy Policy</strong>". The event is held in partnership with the Global Interdependence Center, the University of South Florida Sarasota-Manatee, and with support from the Alliance for Market Solutions and First Trust. This half-day conference will explore investing in energy, policy approaches to climate change, and energy’s eﬀect on Fed policy. "<strong>An Outlook on Energy Policy</strong>" will feature Danielle DiMartino Booth, CEO & Chief Strategist for Quill Intelligence LLC, Samuel Rines, Chief Economist, Avalon Advisors, Jim Lucier, Capital Alpha Partners, Former Congresswoman Gwen Graham, Former Congressman Carlos Curbelo, Jim Slutz, Director of Study Operations at the National Petroleum Council, along with other speakers and moderators.</p> <p>More information and speaker bios can be found at the Global Interdependence Center website: <a href="https://www.interdependence.org/events/an-outlook-on-energy-policy/" target="_blank" rel="noopener noreferrer">https://www.interdependence.org/events/an-outlook-on-energy-policy/</a></p> <p>We look forward to sharing with you an event filled with conversation, thought leadership, and valuable information.</p> <hr /> <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>

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 (Feb 24, 2020 - Feb 28, 2020)

CUMBERLAND ADVISORS' WEEKLY RECAP

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