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): David R. Kotok | Sun November 7, 2021
The winter snows around Hidden Valley Ranch pond start their melt and runoff in March when seasonal warming from the longer sunny days replaces the short, dark, cold days of winter. March is when female rainbow trout find gravelly shallow spots and build their "nests" to hold hundreds and even…
Author(s): Robert Eisenbeis, Ph.D. | Sat November 6, 2021
The FOMC kept its target range for the federal funds rate at 0–0.25% but did make a small move at its November meeting to begin phasing out its asset purchase program. It scaled back its purchases of Treasuries for the month of November by $10 billion to $70 billion and its purchases of MBS by $…
Author(s): Cumberland Advisors | Sat November 6, 2021
Cumberland Advisors offers this Friday November 05, 2021 end-of-week update on market conditions, equities & bonds with John Mousseau, President, CEO, & Director of Fixed Income. Matt has the day off.
Author(s): David R. Kotok | Thu November 4, 2021
Some readers have asked if we expect that there will be another COVID wave coming this fall. Our answer: No one knows. Mark Van Sumeren of Health Industry Advisor has continued his informative and apolitical newsletter and has given us permission to share his view on this issue.
Author(s): John R. Mousseau, CFA | Thu November 4, 2021
Our general understanding of “between a rock and a hard place” is that there is a problem and we have two options, neither of which is desirable. (And since we are in the middle of a Rolling Stones tour, we should also point out that “Rock and a Hard Place” was also on the Stones Steel Wheels…
Author(s): William H. Witherell, Ph.D. | Wed November 3, 2021
The preliminary flash estimate of France’s real GDP in the third quarter is a strong quarter-to-quarter 3% advance, considerably above the 2.2% advance for the euro area and the 1.8% gain for Germany. The US economy grew only 0.5% during the quarter. A sharp acceleration of household consumption…
Author(s): Patricia M. Healy, CFA | Tue November 2, 2021
Cumberland has utilized separately managed accounts (SMAs) to execute its fixed-income strategy since the company’s inception in 1973, long before SMAs were popularized in the early 2000s.
Author(s): Robert Eisenbeis, Ph.D. | Mon November 1, 2021
On Friday, October 28, three interesting data releases came out that may further complicate the FOMC’s decision process at its November meeting. First, we got the reading on PCE for the month of September, which is up 0.2 percentage points from 4.2% in August to 4.4% in September. This increase…
Author(s): David R. Kotok | Sun October 31, 2021
We get a lot of questions about Florida. So we thought we would recommend a book that friends Carla and Pete suggested to us.
Author(s): Robert Eisenbeis, Ph.D. | Thu October 28, 2021
Faced with continued inflationary pressures far above the FOMC’s 2% target, a strong labor market but one that is far from what might be considered full employment, and an economy growing at somewhere in the 2% range in the past couple of months, should the FOMC start tapering…