Market Commentary

Insights

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.

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  • Total Return Taxable Fixed Income — Q2 2022 Review
     Author(s): Daniel Himelberger | Tue July 5, 2022

    Cumberland Advisors - Daniel Himelberger - Total Return Taxable Fixed Income — Q2 2022 Review


    Treasury yields continued to rise during the second quarter of 2022. The largest movement was seen in T-bills as the Fed raised the fed funds rate by 75 bps in June. This trend has resulted in an extremely flat yield curve. The largest movement was in the 6-month bill, which rose 147.4 bps to 2.…


  • Let’s Celebrate the 4th with Combat Wounded Veterans
     Author(s): David R. Kotok | Sun July 3, 2022

    Let’s Celebrate the 4th with Combat Wounded Veterans


    As we celebrate the birthday of America and wish each other safe travels, let’s take a moment and consider the veterans who protect and defend us.   Here’s a 25-minute interview with three vets. It was aired locally (Sarasota, FL) during Memorial Day weekend (linked here and repeated below:…


  • International Equity Markets in Q2 2022
     Author(s): William H. Witherell, Ph.D. | Thu June 30, 2022

    International Equity Markets in Q2 2022


    Global equity markets outside of the United States are completing a second negative quarter, with the MSCI ACWI ex US IMI Index down 11.33% in the three months through June 24. For the year to date this index is down 18.04%, which is short of the bear market definition of a decline of more than…


  • “Round Up the Usual Suspects” (Captain Louis Renault in Casablanca)
     Author(s): John R. Mousseau, CFA | Wed June 29, 2022

    Cumberland Advisors Market Commentary - Q2 2022 Fixed Income - Round Up the Usual Suspects by John R. Mousseau


    Another Bad Quarter for Bonds — some of the usual suspects to blame but some hope going forward. The second quarter of 2022 was another brutal one for fixed-income instruments, with yields rising across the board. 

     


  • The Healthiest Communities in the U.S.
     Author(s): David R. Kotok | Sun June 26, 2022

    The Healthiest Communities in the U.S. by David R. Kotok


    This Sunday we provide a link to the U.S. News & World Report rankings of the healthiest counties in America. It makes for interesting reading. We will leave it to readers to evaluate the various states including Florida.

    Image…
  • CIO Overview & Outlook – Q2 2022
     Author(s): David R. Kotok | Fri June 24, 2022

    CIO Overview & Outlook – Q2 2022


    The second quarter (2022) in the American stock market has been one volatile mess. We're going to focus only on the stock market, but we need to remind everybody that volatility struck in many asset classes. Look what happened the first half of this year, 2022, from…


  • Global Soft Landing Depends Heavily on China
     Author(s): William H. Witherell, Ph.D. | Wed June 22, 2022

    Global Soft Landing Depends Heavily on China


    Russia’s war in Ukraine and Covid-related shutdowns in China have led to both slower growth prospects and higher inflation for the global economy. What was expected to be a continued strong recovery has been transformed in the second quarter to a stalling global economy. Worsening consumer and…


  • How the FOMC Sees the World Going Forward
     Author(s): Robert Eisenbeis, Ph.D. | Tue June 21, 2022

    Cumberland Advisors Market Commentary – How the FOMC Sees the World Going Forward by Robert Eisenbeis, Ph.D.


    Chairman Powell made it clear in the FOMC post meeting press conference that the Committee is now frontloading return of its target federal funds rate range to a more “normal” position. The move of 75 basis points was telegraphed ahead of the meeting but still…


  • Guest Comment on Russia-Ukraine by Paul Schulte
     Author(s): David R. Kotok | Sun June 19, 2022

    Cumberland Advisors Market Commentary - Guest Comment on Russia-Ukraine by Paul Schulte by David R. Kotok


    We have cited Paul Schulte, founder and editor of Singapore-based Schulte Research, a number of times. Paul has decades of experience in equity research and research on banks, financial technology, bank algorithms, and credit algorithms. He has taught at the graduate level at several…


  • Yield Curve Control
     Author(s): David R. Kotok | Thu June 16, 2022

    Cumberland Advisors Market Commentary - Yield Curve Control by David R. Kotok


    Given all the global central bank tightening, we’re publicly releasing our newly completed 80-page study pamphlet on yield curve control and its effects on global interest rates. The pamphlet includes slides and tables. We discuss why the 2-10 spread indicator is not sufficient for policymaking…


 

 

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Plutarch