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): Robert Eisenbeis, Ph.D. | Mon July 10, 2023
The minutes from the most recent June 2023 FOMC meeting have been released. They contained the expected recitation of the Committee’s commitment to fighting inflation, and routine discussion of participants’ views about the economy, employment, and the risks to the outlook.
Author(s): David R. Kotok | Sun July 9, 2023
We thank readers for their comments on our Sunday, June 25, discussion entitled “Frank F. and Frank M. & Others Respond” (https://www.cumber.com/market-commentary/frank-f-and-frank-m-others-respond). Reader comments add insights, pose interesting questions, and sometimes invite a discussion or…
Author(s): Patricia M. Healy, CFA | Fri July 7, 2023
The head of ESG at a major European bank noted that the ESG industry had “matured” – meaning the industry had concluded that, for example, a wholesale exit from investing in carbon-producing entities would have unintended and negative consequences, such as the selling of carbon assets to bad actors…
Author(s): David W. Berson, Ph.D. | Thu July 6, 2023
At the risk of mixing metaphors, we continue to wait for Godot’s other shoe to drop. Whether it is the long-anticipated recession, more bank failures (or something else in the financial system breaking as the Federal Reserve tightens monetary policy), a return to the stock market lows of last…
Author(s): David R. Kotok | Sun July 2, 2023
This Sunday, we want to celebrate America’s birthday with a report about a special program dedicated to America’s combat wounded vets.
Author(s): Daniel Himelberger | Fri June 30, 2023
Treasury yields continued to be extremely volatile during the second quarter as market participants digested economic data and tried to time the end of the Fed hiking cycle. The net result of interest rate movements during the quarter was higher yields across the curve as expectations grew that…
Author(s): Cumberland Advisors | Fri June 30, 2023
Dear Clients & Friends,
Thank you for joining us. Below is Cumberland Advisors’ Friday, June 30, 2023 Week in Review, an end-of-week update on market conditions, equities & bonds with Matt C. McAleer, Executive Vice President & Director of Equity Strategies, and John R.…
Author(s): William H. Witherell, Ph.D. | Wed June 28, 2023
As the first half of 2023 ends, international equity markets have paused. Investors are faced with high uncertainty about the future of a global economy that lost momentum in June following sizable gains in May.
Author(s): John R. Mousseau, CFA | Mon June 26, 2023
The bond market generally experienced slightly rising rates in the second quarter of 2023 – especially after the banking crisis that was precipitated by the collapse of Silicon Valley Bank in March receded. We have heard little of banking stress since the JP Morgan takeover of First Republic…
Author(s): David R. Kotok | Sun June 25, 2023
Before I offer the responses from Frank and Frank, let me offer a personal note. It pains me to write this, but I must. In the investment advisory business, one must separate the personal policy view from the actual investment decision. It is great when they are aligned. It is difficult when…