After many years of Cumberland’s US Equity ETF portfolios being overweight in the healthcare sector, we are now at our lowest relative market weight for a long time. Our only industry-specific position within the sector is IBB, the larger-cap biotech ETF. We also obtain sector exposure with the…

J. Paul Horne is an independent international market economist, retired international economist with Smith Barney/Citigroup, and a Global Interdependence Center board member. He contributed the following essay in response to our Sept.

Back from a visit to Paris, where I lived for some twenty-six years while at the OECD, I’ll share some observations on the current economic and political situation in France.

It was well known that banks would be challenged as the Fed raised the fed funds rate to battle inflation, intentionally reducing bank lending to businesses and individuals and thus dampening economic activity and inflation. A recession was predicted by many, as a recession is what usually…

Dear Clients and Friends, Join John R. Mousseau, CEO & Director of Fixed Income, for a mid-week update on current market conditions as the world reacts to the escalating confrontation in Israel, following the October 7th attack by Hamas.

Reader response to our Oct. 1 "Shutdown Averted: Political Dysfunction Confirmed" commentary was voluminous, varied, and vehement. Here are some of those responses.

We have now witnessed the effects of dysfunctional politics on the stock markets as well as the bond markets and the credit markets. Readers may ponder the appellation: “the Gaetz market."   Here’s a sample of the media discussion around the House Member who brought down Speaker McCarthy:…

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