Material and commentaries published in the past may or may not be helpful in analyzing current economic or financial market activity. Please note publishing date when reviewing materials.  Please email [email protected] for our current thoughts or to reach an advisor.

 

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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  • Is the Municipal Bond Market Sleepy?! Pension Doomsday?
     Author(s): Patricia Healy, CFA | Tue November 20, 2018



    Today’s municipal bond market is anything but “sleepy,” as Spencer Jakab characterized it in his Wall Street Journal article “Prophet of Muni Market Doom Wasn’t Wrong, Just Early” (10/26/2018). The Prophet of Doom he referred to was Meredith Whitney, who shortly before the financial crisis…


  • BREXIT Breakthrough Followed by Threat of Breakdown
     Author(s): William Witherell, Ph.D. | Sat November 17, 2018



    On November 13, British Prime Minister Theresa May and her Brexit negotiating team reached agreement with the European Union (EU) negotiators on a draft withdrawal treaty. The next day, after a very difficult five-hour meeting, May secured the agreement of her cabinet.


  • The Failing Trump Navarro Trade War
     Author(s): David R. Kotok | Fri November 16, 2018



    The United States seems to be losing the ill-conceived Trump-Navarro trade war. The evidence of this loss continues to mount.


  • Leveraged ETFs
     Author(s): Leo Chen, Ph.D. | Thu November 15, 2018



    Our quantitative strategy at Cumberland Advisors is a trading model that combines fundamental indicators and quantitative analysis into a binary output – either fully invested or all in cash. The strategy trades the S&P 500 in two versions: unleveraged and leveraged. Specifically, the…


  • California, Land of Natural Disasters?
     Author(s): Patricia Healy, CFA | Wed November 14, 2018



    Last week we conducted a review of our California municipal bond holdings along the San Andreas Fault looking for holdings that may be more susceptible to credit deterioration in the event of a disaster. At the time, little did we know that wildfires would engulf large swaths of California.


  • Cumberland Advisors Week in Review (Nov 05, 2018 - Nov 09, 2018)
     Author(s): Cumberland Advisors | Tue November 13, 2018



    The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team. These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We also include older commentaries that our editors have determined may be…


  • Deficit, Fed, Post-Midterms
     Author(s): David R. Kotok | Thu November 8, 2018



    “In 2016, President Trump pledged to eliminate the national debt ‘over a period of eight years’ (“In a revealing interview, Trump predicts a ‘massive recession’ but intends to eliminate the national debt in 8 years,” https://www.washingtonpost.com/politics/in-turmoil-or-triumph-donald-trump-…


  • Midterm Elections – The Quick Muni Note
     Author(s): John R. Mousseau, CFA | Thu November 8, 2018



    Here’s our first take after the midterm elections.


  • Cumberland Advisors Week in Review (Oct 29, 2018 - Nov 02, 2018)
     Author(s): Cumberland Advisors | Sun November 4, 2018



    The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team. These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We also include older commentaries that our editors have determined may be…


 

 

"The mind is not a vessel to be filled but a fire to be kindled."

Plutarch