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): David R. Kotok | Tue April 10, 2018
“It was a tumultuous first week of the quarter that has left the markets caught between more truculent tweets on trade from President Trump, and slightly more diplomatic messages from his advisors. Predictably China countered with $50 bln in tariffs of their own against a variety of U.S. imports…
Author(s): | Thu April 5, 2018
In April of 2018, USF Sarasota-Manatee, Cumberland Advisors, and the Global Interdependence Center partnered to host a Financial Literacy Day with multiple panels addressing topics surrounding the economy and financial markets. Dr. Raphael W. Bostic, president and chief executive officer of the…
Author(s): Matthew C. McAleer | Thu April 5, 2018
Well, that didn’t take long! The secondary indicators (sentiment) we mentioned as a concern in our 2017 year-end commentary (see Tactical Trend, Q4 2017) proved to be a bit too much for the equity markets to digest during Q1. The extreme bullish readings in late December and early…
Author(s): David R. Kotok | Thu April 5, 2018
Well, well! Who’d a thunk it?
First we must thank David Blond and Bob Brusca for engaging in a debate for our readers. For those who missed it, the links to the David Blond essay and the Bob Brusca response are here:
Blond: “Winners and Losers from Global Trade” – http://www.cumber…
Author(s): David R. Kotok | Wed April 4, 2018
My colleague Patty Healy discussed the muni sector’s credit scoring and status in her recent quarterly commentary. See http://www.cumber.com/q1-2018-municipal-credit/. Readers who missed her missive may want to take a look at it, as it recites lots of evidence of upgrades and…
Author(s): Patricia Healy, CFA | Sat March 31, 2018
Ratings, Teachers’ Strikes, Pensions, Higher Education
Author(s): Robert Brusca | Sat March 31, 2018
We thank readers for their thoughtful responses to David Blond's guest paper on trade and tariffs, Winners and Losers from Global Trade. That paper triggered debate. Below is Bob Brusca’s rebuttal. Enjoy the debate as each person can decide her/his own viewpoint.
Author(s): Bill Witherell, Ph.D. | Fri March 30, 2018
Asian economies have begun the year with continued solid – and in some cases robust –performance. Yet the major Asian stock markets have diverged, with some significantly outperforming and others underperforming. In this note we focus on Japan, China, and India.
Author(s): Gabriel Hament | Wed March 28, 2018
Active Equity Fund Managers Stuck in the Rough, While Active Bond Managers Tend to Stay on the Fairway
Author(s): Robert Eisenbeis, Ph.D. | Tue March 27, 2018
Chairman Powell held his first press conference following the FOMC meeting. It was more concise but just as informative as those of his predecessor. As expected, the FOMC raised the target range for the federal funds rate by 25 basis points, and Chairman Powell delivered a message consistent…