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.
Matt McAleer & Equities / ETFs
-AAA
John Mousseau & Fixed Income / Munis
-AAA
-Matt McAleer & Cumberland Advisors
-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) 257-7013Other 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/
A message from David R. Kotok...
Frontline Nurses: The USF Program & Why To Do It
Now, there’s a new USF (University of South Florida) program for nurses, “Frontline Nursing During COVID-19: A New Paradigm,” is coming online. It includes four webinars and focuses on helping nurses, who dedicate their careers to caring for others, to take care of themselves in the midst of and beyond the crisis.
The program is free for any nurse anywhere in the world and especially in the United States. It was developed by the USF College of Nursing. It will give nurses continuing education credits, and it will do so at zero cost to the nurses who sign up.
Here’s the program link and the details: https://health.usf.edu/nursing/frontline-nursing
Please share the link and spread the word about this program. We want to protect our nurses. We want them alive and healthy. The ancient words apply: “If you save a single life, it is as if you have saved the entire world.” Join me, and let’s try to save nurses’ lives and patients’ lives, too.

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.
Read current and past commentaries here: https://www.cumber.com/category/market-commentary/
Fed Attack Responses
Author: David R. Kotok, Post Date: January 21, 2021
Fed Attack Responses We promised we would present responses to our “Attack on the Fed” discussion (https://www.cumber.com/cumberland-advisors-market-commentary-attack-on-the-fed-market-reaction-a-one-day-saga/). But before we do, we must offer an apology to Senator Pat Toomey, whom we criticized in that commentary for appearing to attempt to limit the Federal Reserve’s emergency lending authority. The back story reveals that Senator Toomey […]
Cash!
Author: David R. Kotok, Post Date: January 19, 2021
We would like to suggest that readers take time to read Josh Brown’s December 29 column at The Reformed Broker, “How to avoid bear markets” (https://thereformedbroker.com/2020/12/29/how-to-avoid-bear-markets/). We thank Josh’s colleague Barry Ritholtz for including it in the daily Ritholtz Reads column. Here’s a summary excerpt from Barry Ritholtz’s daily column (January 2, 2020): “There’s a very simple way […]
A Sunday Potpourri
Author: David R. Kotok, Post Date: January 17, 2021
This Sunday morning, we would like to whisk you away from the world of politics for a few minutes. First, we’ll consider the outsized consequences of acting without thinking. We thank Bill D. for forwarding this 30-second clip: “Why we don’t do fireworks at Christmas,” https://www.youtube.com/embed/ycviJ-421Z8 Second, we offer, as a counterpoint, an extraordinary human […]
Week in Review (Jan 11, 2021 – Jan 15, 2021)
Author: Cumberland Advisors, Post Date: January 16, 2021
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 […]
JOLTS and a Sobering View of Labor Market Conditions
Author: Robert Eisenbeis, Ph.D., Post Date: January 15, 2021
Although the news is somewhat stale, the January 12 release of the BLS’s Job Openings and Labor Turnover Survey (JOLTS) for November provides some additional information about the underlying dynamics of the labor market as we approached the December virus surge. The picture we see reflects some calming in the labor market after a huge […]
South Africa Facing a Resurgence of the Virus
Author: William Witherell, Ph.D., Post Date: January 14, 2021
In recent weeks, a new and more contagious variant of COVID-19 has been surging in South Africa, with per capita new infections and deaths approaching the globally leading rates being experienced in the UK and the USA. While on December 26 the seven-day rolling average of new South African cases per 100,000 people was 19.86, […]
Markets and Another Impeachment
Author: David R. Kotok, Post Date: January 13, 2021
The response of the markets to a potential second impeachment of President Trump is impossible to predict now. History shows why this may not be a market moving event. The new Senate under Schumer will decide what to do with Speaker Pelosi’s new articles of impeachment. How and when is not clear. In the meantime […]
Wall Street rallies as Biden enters the White House
Quoted: David R. Kotok | Posted on: 01/21/2021 read more
Why Jack Ma’s Reappearance Isn’t Enough To Calm Alibaba Investors
Quoted: David R. Kotok | Posted on: 01/21/2021 read more
Los Angeles Has Been Hammered by Covid. But Its Muni Bonds Are Holding On. Here’s Why.
Quoted: John R. Mousseau, CFA | Posted on: 01/15/2021 read more
Recovery hopes help markets start with a pop
Quoted: David R. Kotok | Posted on: 01/07/2021 read more
Democracy is under attack. And Wall Street is sounding the alarm
Quoted: David R. Kotok | Posted on: 01/06/2021 read more
Muni market unperturbed amid mob violence in U.S. Capitol
Quoted: John R. Mousseau | Posted on: 01/06/2021 read more
David Kotok on the Markets (Bloomberg Radio)
Quoted: David R. Kotok | Posted on: 01/05/2021 read more
Munis flat as traders look ahead to next year’s supply slate
Quoted: John R. Mousseau, CFA | Posted on: 01/01/2021 read more
The stock market is ending 2020 at record highs, even as the virus surges and millions go hungry
Quoted: David R. Kotok | Posted on: 01/01/2021 read more
Population Growth Is Slowing. Why That’s a Problem for the U.S. Economy
Quoted: John R. Mousseau, CFA | Posted on: 01/01/2021 read more
The Blue Wave & What is Means for the Bond Markets:
https://www.cumber.com/cumberland-advisors-market-commentary-the-blue-wave-and-the-bond-markets/
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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.