​During the first week of June, we gain access to a number of important reports on the US labor market to go along with the inflation data for April. The FOMC, which meets June 13–14, will have one more observation on CPI inflation but will not receive the May PCE until April 30, after the…

“The Great Recalibration”

We've witnessed the trillion-dollar crypto meltdown in prices of various cryptocurrency assets. To be more precise, the crypto market cap peak was about $2.7 trillion and now is about $1.1 trillion.

“Investing and politics don’t mix” concluded a recent Barry Ritholtz Sunday morning column. Here’s the link and citation for readers who are interested: “Dangers of Mixing Business with Politics,” https://ritholtz.com/2018/03/dangers-mixing-business-politics/.

We agree with Barry and…

Dear Clients & Friends,

Several readers have asked about the Covid surge in Florida.  For Cumberland‘s office status, if you are planning a visit, please call for the most current status and office protocols. We are open with a blended schedule of in-person and some work-from-home.

In April, business activity in China slowed dramatically, following a contraction in March. This development is of global importance to policymakers and investors. The Chinese economy is the world’s second largest, behind only the US economy.

Commentators on the current state of equity markets have no shortage of explanations. Here is a brief list, which is by no means complete:

Today, we feature the second installment of the virtual and in-person series, “Ukraine: What’s Next?” sponsored by the University of South Florida and the Global Interdependence Center, in partnership with Cumberland Advisors and others.

We are going to open this commentary with five of the slides used at the April 27 USF-GIC virtual (and in person) conference on the Russia-Ukraine war and its impacts.