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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  • Euro, the Dollar, the Bund–Italy Spread
     Author(s): David R. Kotok | Wed November 9, 2022

    Cumberland Advisors Market Commentary - The Euro, the Dollar, the Bund–Italy Spread by David R. Kotok


    As then-chair of the GIC central banking series, I watched the euro from the moment it was born.


  • ESG Part 5 – Texas
     Author(s): David R. Kotok | Sun November 6, 2022

    Cumberland Advisors Market Commentary - ESG Part 5 Texas by David R. Kotok


    The issue of current Texas policy toward ESG investing has ramifications in the financial arena. Texas has decided to punish financial firms that offer views inconsistent with the views of the government in power. So, our ESG question will focus on the governance category (G).


  • A Down Note
     Author(s): Robert Eisenbeis, Ph.D. | Fri November 4, 2022

    Cumberland Advisors Market Commentary - A Down Note by Robert Eisenbeis, Ph.D.


    Markets initially responded positively to the FOMC’s 75-basis-point increase in the federal funds rate. However, the message delivered by Chairman Powell at the press conference was more hawkish than expected and a bit confusing, ending on a down note.


  • "Real" Forward Rates
     Author(s): David R. Kotok | Wed November 2, 2022

    Cumberland Advisors Market Commentary - Real Forward Rates by David R. Kotok


    This tweet and chart from Robin Brooks is worthy of serious consideration. Brooks has impressive credentials: He is chief economist at the Institute of International Finance, former chief FX strategist at Goldman Sachs, and former senior economist at the IMF.


  • The Fed and Inflation
     Author(s): Robert Eisenbeis, Ph.D. | Mon October 31, 2022

    Cumberland Advisors Market Commentary - The Fed and Inflation by Robert Eisenbeis, Ph.D.


    On Friday, Oct 28, the Fed got a reading on its target inflation number when the Bureau of Economic Analysis released the Personal Consumption Expenditures (PCE) Index for September.


  • ESG Series: More Responses
     Author(s): David R. Kotok | Sun October 30, 2022

    Cumberland Advisors Market Commentary - ESG Series More Responses by David R. Kotok


    A number of readers responded to our case study of Union County, FL, in Part 4 of our ESG series. As always, we appreciate the thoughtful dialogue.

     


  • Cumberland Advisors Week in Review Oct 24 - Oct 28, 2022
     Author(s): Cumberland Advisors | Sat October 29, 2022

    Cumberland Advisors Market Commentary - Week in Review


    The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team. These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We may include older commentaries that our editors have determined may be…


  • Housing!
     Author(s): David R. Kotok | Thu October 27, 2022

    Cumberland Advisors Market Commentary - Housing by David R. Kotok



  • The November FOMC
     Author(s): Robert Eisenbeis, Ph.D. | Wed October 26, 2022

    The November FOMC by Robert Eisenbeis, Ph.D.


    The FOMC will be meeting November 1–2, but there will be no projection materials to inform the public if there are significant changes in the Committee’s outlook. Thus, the Beige Book and a first reading on Q3 GDP will be the major sources of current information on the state of the economy and…


  • The UK After 45 Days of Chaos
     Author(s): William H. Witherell, Ph.D. | Tue October 25, 2022

    Cumberland Advisors Market Commentary - The UK After 45 Days of Chaos by William H. Witherell, Ph.D.


    As this is being written, the UK’s Conservative Party is in the final stage of selecting a new leader, who will then be the next Prime Minister, following the resignation of Liz Truss after only 45 days on the job.


 

 

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

Plutarch