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.
Author(s): William Witherell, Ph.D. | Fri January 3, 2020
International equity markets – that is, stock markets outside the US – finished the year robustly, with the iShares MSCI All Country ex US ETF, ACWX, gaining 7% in the 4th quarter on a total return basis. For the year as a whole, ACWX gained 16.5%. While this was less than the US market’s 28.3%…
Author(s): Cumberland Advisors | Thu January 2, 2020
Author(s): Leo Chen, Ph.D. | Wed January 1, 2020
4Q 2019 Review: Market Volatility / Leveraged Volatility / Sector Alpha Portfolios
The S&P 500 has had a tremendous melt-up in the fourth quarter of 2019. With the Federal Reserve’s cutting rates for the third time in October and the easing of trade tensions between the US and China, it is…
Author(s): David R. Kotok | Wed January 1, 2020
We’ve received a number of emails about legal and, specifically, constitutional issues. We’re not constitutional lawyers: We are activist citizens, and we do read the constitutional literature. And we do examine the actions of our federal, state, and local governments as part of our work in the…
Author(s): Matthew McAleer | Wed January 1, 2020
A flexible investment strategy that strives to analyze multiple asset classes, Tactical Trend strives to provide long term capital appreciation while focusing on risk vs. reward opportunities. Capital is deployed in the primary asset classes exhibiting strong relative strength vs. indexes and…
Author(s): Patricia Healy, CFA | Tue December 31, 2019
Pensions, budgets, state ratings, climate adaptation, cybersecurity, and investing
Author(s): Cumberland Advisors | Sun December 29, 2019
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
Author(s): David R. Kotok | Fri December 27, 2019
This holiday season has come with ill tidings with respect to gun violence:
“At least 28 people were wounded in 3 separate shootings across these 3 states this weekend,” CNN, Dec. 23, 2019, https://www.cnn.com/2019/12/23/us/three-shootings-baltimore-minnesota-chicago/index.html
Author(s): Daniel Himelberger | Fri December 27, 2019
During the Q4 of 2019, Treasury yields rose in the maturity range of two years out to thirty years, with the biggest increase being the yield for the 10-year. As of December 23, the 10-year Treasury had risen 24.5 bps to 1.911%. The Fed did elect to lower the fed funds rate again at the end of…
Author(s): Robert Eisenbeis, Ph.D. | Wed December 25, 2019
Reading a number of the tributes to Paul Volcker, who passed away last week, and recitations of his contributions brought back my own experiences with him when I was on the staff of the Federal Reserve Board from 1976–1981. Among his key attributes were his integrity, the quality of his public…