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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  • More on War
     Author(s): David R. Kotok | Tue January 23, 2024

    Cumberland Advisors Market Commentary - More on War by David R. Kotok



  • Politics & Markets
     Author(s): David R. Kotok | Sun January 21, 2024

    Politics and Markets


     


  • Cumberland Advisors Week in Review + Digest Jan 15 - Jan 19, 2024
     Author(s): Cumberland Advisors | Sat January 20, 2024

    Cumberland Advisors’ Week in Review 20240119A.png



  • World Shipping Risk Is Worsening
     Author(s): David R. Kotok | Sun January 14, 2024

    World Shipping Risk is Worsening


    The graphic below is a Bloomberg-sourced depiction of what is happening to global shipping rates. (Hat tip to Cumberland’s Dan Himelberger for his help in finding the correct chart.)  The chart therein is worth a thousand words. About 45% of Europe’s shipping normally goes through the Red Sea…


  • Border, Parole, Jobs & Job Openings = A Political Mess
     Author(s): David R. Kotok | Wed January 10, 2024

    Border, Parole, Jobs & Job Openings = A Political Mess


    It looks like a budget, border, and immigrant-parole-exemption deal is coming fast so that a US government shutdown will be avoided in January. The usual 11th hour rules of Washington apply. Will Speaker Johnson end up like Speaker McCarthy after making a deal? That remains to be seen.


  • Armchair Generals & Real Generals
     Author(s): David R. Kotok | Sun January 7, 2024

    Armchair Generals & Real Generals


    In the annals of research and analysis of war, geopolitical risk, and defense, one can find many “armchair generals.” They are in the mainstream media and on social media. I get emailed comments from some of them.  


  • Rising Household Financial Distress
     Author(s): David R. Kotok | Fri January 5, 2024

    Cumberland Advisors Market Commentary - Rising Household Financial Distress by David R. Kotok


    “…the incidence of household financial distress has increased for the most common types of debts. For credit card debt and auto loans, the incidence has reached high levels, equal or close to those during the Great Recession.” 


  • Total Return Taxable Fixed Income 4th-Quarter Review
     Author(s): Daniel Himelberger | Wed January 3, 2024

    Daniel Himelberger - Q4 2023 Review - Total Return Taxable Fixed Income


    Treasury yields declined precipitously during the 4th quarter as the Fed’s dovish pivot during the December meeting led to the expectation that rate cuts will be coming earlier in 2024. The biggest decline was seen in the 3-year, which dropped 72.8 basis points to 4.074% as of 12/26/23.


  • War, Defense, & 2024
     Author(s): David R. Kotok | Sun December 31, 2023

    War, Defense, & 2024


    First, we want to wish all clients, referring consultants, business colleagues, and all our readers a safe journey with good health as we commence 2024.    Next, since this discussion will be about the defense of our country, let me first make a “compliance” disclosure. The US Equity ETF…


  • Rollercoaster in Bonds – The Tale of Two Bond Markets
     Author(s): John R. Mousseau, CFA | Sat December 30, 2023

    Market Commentary – Rollercoaster in Bonds – The Tale of Two Bond Markets by John R. Mousseau


     

    As we wind down 2023’s year in bonds, the long, strange trip is ending up at the same ten-year bond yields that we started with.

     

     


 

 

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

Plutarch