Dear Clients & Friends,

The press painted an extremely positive picture about the January jobs numbers, but digging deeper into the jobs data for January from the Bureau of Labor Statistics (BLS) reveals some cautions as well as additional positives and interesting facts about the impact o

The Bureau of Labor Statistics (BLS) reported that the economy created 467,000 jobs in the month of January, while the unemployment rate remained constant at 4%, as did the participation rate (62.2%). This number was about twice the 207,000 predicted by some economists and notably different from…

Since this comment was queued for today, CDC has announced a vigorous campaign to use wastewater data; more information will be forthcoming. -Kotok

Cumberland Advisors Week in Review

We previously offered readers a 36-chart series on Beveridge curves (https://www.cumber.com/market-commentary/sunday-beveridge-curves).

As the first month of 2022 ends, the performances of the Eurozone’s individual national economies and equity markets vary widely, reflecting differences in the timing and extent of the waves of Covid, in the measures taken to combat the pandemic, in the structures of the economies, and in…

We recently published two geopolitical discussions, on Ukraine (https://www.cumber.com/market-commentary/ukraine) and China (

We’ve used the phrase “a picture is worth a thousand words” before. Well, here we go again. Let’s start with this one.

As we at Cumberland expected, the FOMC left its target rate unchanged at 0%–0.25% and made only a small adjustment to its asset purchase program, cutting its purchases of Treasuries to $20 billion and purchases of mortgage-backed securities to $10 billion per month.