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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  • David Blond Helps understand Statistical Discrepancy
     Author(s): David R. Kotok | Tue December 14, 2021

    Cumberland Advisors Market Commentary - David Blond Helps understand Statistical Discrepancy


    "GDP is a flawed number that came, I think, out of the need of financial markets for a single measure of success or failure.” “Often when we say that GDP is growing but wages are stagnant, we are really saying that corporate profits are growing at the expense of labor wages.” -David Blond…
  • WHO Responses
     Author(s): David R. Kotok | Sun December 12, 2021

    Cumberland Advisors Market Commentary - WHO-Responses


    I’d like to thank readers for their comments about the missive entitled “The WHO” (


  • Cumberland Advisors Week in Review (Dec 06, 2021 - Dec 10, 2021)
     Author(s): Cumberland Advisors | Sat December 11, 2021

    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…


  • Jobs & Nurses
     Author(s): David R. Kotok | Thu December 9, 2021

    Cumberland Advisors Market Commentary - "Jobs & Nurses" by David R. Kotok


    On December 7, Haitham Ahmed, MD, MPH, a Harvard-educated cardiologist who has taught at Johns Hopkins and who currently serves as chair of cardiology at Advantage Care Physicians in New York City, sized up the healthcare staffing crisis in this tweet:  


  • Uncertainty
     Author(s): Robert Eisenbeis, Ph.D. | Mon December 6, 2021

    Cumberland Advisors Market Commentary - "Uncertainty" by Robert Eisenbeis, Ph.D.


    The first week in December, on the front end of the Federal Open Market Committee (FOMC) meeting on December 14-15, has hit markets with a series of events that has resulted in a spike in volatility and generally negative news that has been difficult, if not impossible, for participants to…


  • The WHO
     Author(s): David R. Kotok | Sun December 5, 2021

    Cumberland Advisors Market Commentary - "The WHO" by David R. Kotok


    Here is the Associated Press Friday Morning story about the World Health Organization (WHO) and its Asian Pacific-based observations about Omicron, urging a wide array of measures to control the spread of the heavily mutated new variant: “WHO says measures used against delta should work for…


  • Credit Spreads Widening!
     Author(s): David R. Kotok | Thu December 2, 2021

    Cumberland Advisors Market Commentary - Credit Spreads Widening


    Every morning at Cumberland we circulate a spreadsheet of about 50 separate interest-rate metrics and credit spreads. These go out to the entire firm. They are compiled internally and are used by Cumberland in a proprietary way. Data is sourced from Bloomberg.


  • Omicron & The Wastewater Transmissibility Indicator
     Author(s): David R. Kotok | Tue November 30, 2021

    Cumberland Advisors Market Commentary - Omicron & The Wastewater Transmissibility Indicator by David R. Kotok


    Rob Smith, who covers health care for Capital Alpha (https://capalphadc.com), reminds us of a history lesson: “Delta variant that currently dominates U.S. infections was first detected in India in Dec. 2020. It was identified in the U.S. in March 2021.


  • Statistical Discrepancy: a Mystery about Profits? -by Michael Drury
     Author(s): David R. Kotok & Michael Drury | Mon November 29, 2021

    Guest Commentary - Statistical Discrepancy by Michael Drury


    We were working on the issue of corporate profits and what is the widest-ever statistical discrepancy in the GDP data. Lo and behold! In comes my friend Michael Drury with an excellent analysis and graphic depiction of the problem. Mike graciously gave permission for us to reproduce his…


  • Reader responses to "Jobs Data & Nurses"
     Author(s): David R. Kotok | Sun November 28, 2021

    Cumberland Advisors Market Commentary - Reader Responses to "Jobs Data & Nurses" by David R. Kotok


    We thank readers for sharing comments about our pre-Thanksgiving missive about jobs and nurses (https://www.cumber.com/market-commentary/jobs-data-nurses).


 

 

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

Plutarch