Readers, as promised, we have a longer video featuring Francis Suarez, Mayor of Miami. If you are intrigued by what is involved in leading a fast-growing gateway city that has become an international hub for business and finance, you will want to watch Mayor Suarez’s fireside chat from week two of Camp Kotok at Leen’s Lodge.
Mayor Suarez discusses the steps Miami has taken to respond to climate change. He tells how he aimed to protect public health and maintain the city’s economy during the pandemic. And he recounts how the city came to lead the nation in tech growth. He steers clear of political divisiveness and suggests that there’s an alternative narrative for our country, as there has been for politically diverse Miami, that focuses on strategically working for a positive future.
Mayor Suarez’s recipe for success for Miami involves three principles: “keep taxes low, keep people safe, and lean into innovation.” He describes Miami’s progress in each of these areas. During the Q&A, campers’ questions and the conversation ranged from Miami’s tech boom and cryptocurrency to reducing homelessness and crime and the city police department’s plan for more effectively responding to calls where a mental health issue or disability is involved.
I would like to thank Mayor Suarez for taking time out of his busy schedule to join us in Maine for fishing and some terrific conversations. You can watch the 56-minute video at this link: https://youtu.be/0X_7OvZwJ_I.
You may also find Mayor Suarez’s recent Wall Street Journal op-ed (August 22) of interest: https://www.wsj.com/articles/miami-takes-on-the-socialist-model-recession-new-york-california-taxes-income-regulation-public-services-move-crime-rate-11661111730
David R. Kotok
Chairman & Chief Investment Officer
Email | Bio
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.
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.
