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): | Thu March 28, 2019
The quarter proved to be a meaningful one for the Commonwealth of Puerto Rico, with the Puerto Rico Sales Tax Financing Corporation (COFINA) finalizing the restructuring of its $17-plus billion in outstanding debt.
Author(s): | Wed March 27, 2019
Short to intermediate Treasury yields declined throughout the first quarter as of March 19th, as the 30-year Treasury was flat at roughly 3.00%. The Treasury yield curve remains slightly inverted out to 5-years. This has benefited the Agency multi-step securities that we hold in portfolios, as…
Author(s): Cumberland Advisors | Sun March 24, 2019
View the latest Cumberland Advisors Week in Review (Mar 18, 2019 - Mar 22, 2019): Click here.
Author(s): Leo Chen, Ph.D. | Sat March 23, 2019
Bucking the trend of the fourth quarter of 2018, the US stock market has had a solid first quarter in 2019 – the best performance since 1998. Our quantitative strategy produced multiple entry signals between late October and Christmas Eve.
Author(s): Gabriel Hament | Fri March 22, 2019
In the Oracle of Omaha’s 54th annual letter to Berkshire Hathaway shareholders, Warren Buffett celebrates the dynamism of the American economy while cautioning investors against high-cost advisory fee arrangements.
Author(s): William Witherell, Ph.D. | Thu March 21, 2019
International equity markets recovered strongly in the first two and a half months of 2019. This followed last year’s sharp drop in global markets, particularly in December. The revival in investment sentiment has occurred despite a moderation in global economic growth, which has eased from an…
Author(s): David R. Kotok | Tue March 19, 2019
The US stock market staged a powerful recovery in the first two months of 2019. This upturn followed promptly on the heels of the Christmas Eve massacre at the end of 2018. We’ve written about the causes of that massacre and can share the discussion with anyone who missed it. Just email me for a…
Author(s): Chris Whalen | Fri March 15, 2019
My friend Chris Whalen was kind enough to use an interview he did with me in his weekly publication on financial and banking issues, The Institutional Risk Analyst. Chris has had a distinguished career, and it was a pleasure to interact with him again.
Author(s): David R. Kotok | Tue March 12, 2019
The economic and political dimensions of Venezuela’s collapse have dominated headlines, but the country is also being undermined by a healthcare crisis that could spread to all of Latin America. The situation in Venezuela demonstrates how failed government and economic collapse can lead to the…
Author(s): David R. Kotok | Fri March 8, 2019
“I think that the overall level of our capital, particularly at the largest firms, is about right. I'm open to evidence that there are problems with that. I don't see U.S. banks having difficulty competing, particularly internationally. They seem to be competing very well. They seem to be…