Clients and readers have asked about the recent Philly Fed research paper discussing the missing one million workers.

We wish all people of goodwill a happy and peaceful holiday season no matter how they choose to celebrate the period.  

This is Cumberland Advisors’ Friday, December 23, 2022 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.

Japan surprised markets. Below is a brilliant analysis by Brent Donnelly, my friend, fellow fisherman and camper, and author of books on currency trading. We read his missives daily and encourage those who do not subscribe to try the service (

The Fed has decided. The political outcomes gain temporary clarity (not all, but most). 2022 earnings reports are coming in mid-January (JPM is Jan. 13). So, what happens next?

Part 7 of our ESG series.

This commentary is dedicated to a longtime friend and industry icon, Dennis Gartman. The idea for it started with an email I received from Doug Kass. He recited respectful praise for Dennis, and I fully agree with that sentiment.

Buoyed by what appears to be a continued moderation in PCE inflation based upon data for November, the FOMC moderated slightly the pace of policy tightening of its target range for the federal funds rate.

The Swiss Re Group, one of the world’s largest reinsurers, reported on December 1 that, this year through November, worldwide disasters, natural and man-made, caused economic damage of $268 billion, of which $122 billion was insured. Note that the damage is more than double the insured…

ESG Part 6: A Conversation on Corporate Governance/ESG at Rowan University