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): John R. Mousseau, CFA | Thu October 10, 2024
We hope all clients and readers in the Milton-affected areas of Florida and other states are safe today.
Author(s): Robert Eisenbeis, Ph.D. | Wed October 9, 2024
The settlement of the longshoremen’s strike on Friday together with the release by BLS of jobs creation for September should be comforting news to markets that the risks of an abrupt slowdown have lessened significantly.
Author(s): Patricia Healy, CFA | Wed October 9, 2024
The election, the election, the election… not so much when it comes to muni credit quality.
Of course, the ideas being bandied about by the presidential candidates – if implemented, and depending on whether we have a divided government – could have ramifications for municipalities. But…
Author(s): Daniel Himelberger | Thu October 3, 2024
Total Return Gov/Credit Third-Quarter Review
Author(s): David W. Berson, Ph.D. | Wed October 2, 2024
The key points you should know:
This is what a soft landing looks like.Economic growth, especially the job market, is slowing – but not dangerously so.Inflation continues to slow but is still modestly above the Fed’s longer-term goal.The Federal Reserve has begun to ease and expects to…Author(s): Patricia Healy, CFA | Wed October 2, 2024
When we wrote our commentary last week on climate week and the ninth named storm, little did we know that Helene would cause such a huge swath of damage and destruction.
Author(s): John R. Mousseau, CFA | Fri September 27, 2024
The third quarter of 2024 saw a rally in both the Treasury bond market and the municipal bond market.
The Treasury bond market saw the 10-year US Treasury bond yield move from 4.479 at the beginning of the quarter to 3.797 on September 26th. The move in munis was more muted, with 10-year…
Author(s): David R. Kotok | Wed September 25, 2024
Recently I received a well-thought-out communication from a reader offering the following:
Author(s): Patricia Healy, CFA | Wed September 25, 2024
Climate Week in NYC Sept. 23–29 brings many of those interested in climate and resiliency together. It overlaps with the UN General Assembly and attracts high level government and business speakers. It is a hybrid conference, and many of the sessions have been or will be live streamed at https…
Author(s): Robert Eisenbeis, Ph.D. | Fri September 20, 2024
The FOMC has now significantly revised its policy path going forward, dropping its target rate by a somewhat surprising 50 basis points, and is now on track to reduce rates by 25 basis points two more times in 2024 and as many as four more times in 2025. This is the first rate cut in four years…