February job market about as expected – modest gains.

Nonfarm payrolls increased by 151,000 in February, a tad below market expectations of around 160,000 for the month. Revisions to the prior two months were minimal. The U-3 unemployment rate edged higher to 4.1 percent – the…

January retail sales drop sharply. 

The advance report for retail sales plummeted by 0.9 percent for January, offset only modestly by upward revisions to prior months. Data on unit sales for light vehicles had already shown a big decline, leading to expectations for…

Hotter than expected CPI to start the year.

The overall Consumer Price Index (CPI) for January rose by a stronger than expected 0.5 percent (0.3 percent expected), while the core CPI (removing the volatile food and energy components) increased by 0.4 percent (0.3 percent…

January employment report -- strong overall despite slower nonfarm payroll gains for the month. 

Dear Clients and Friends,

We are pleased to announce that Cumberland Advisors has moved to new office space at Kane Plaza in Downtown Sarasota to better serve our clients with upgraded amenities, enhanced meeting spaces and an advanced technological infrastructure.

Consumers keep spending, while inflation edges higher. 

Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily outstripping income growth of 0.4 percent and indicating that there were no signs of a slowdown in the biggest part of the US economy as the…

First and foremost, our hearts go out to all who have been impacted by the California wildfires, whether directly or through the experience of loved ones.  

This week, Cumberland made the decision to eliminate our limited exposure to Los Angeles Department of Water and Power (LA DWP)…

This is a brief overview of Cumberland Advisors’ thoughts on financial markets as we head into 2025. It is a particularly important outlook given the fact that we have just gone through a presidential election and have the return of Donald Trump, who is repeating the performance of Glover…

Mixed inflation data for December.