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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  • It’s Time to Repeal The Jones Act
     Author(s): David R. Kotok | Wed July 7, 2021

    Cumberland Advisors Market Commentary - It’s Time to Repeal the Jones Act


    We hear writers, commentators, and forecasters discussing inflation and aiming all of their darts at the Federal Reserve. What about an easy step to curb inflation? Repeal the Jones Act. In a stroke of a pen, we could lessen inflationary pressures in shipping, take some of the kinks and…


  • Q2 2021 Credit Commentary – And the Recovery Continues
     Author(s): Patricia M. Healy, CFA | Tue July 6, 2021

    Q2 2021 Credit Commentary – And the Recovery Continues by Patricia Healy, CFA


    All states reopened by the end of the second quarter, and the pent-up demand for travelling and visiting with one another returned in boatloads – or should I say plane loads! Even the airport sector has a stable outlook from rating agencies and analysts. US airport traffic is up substantially…


  • A Hot Birthday Party
     Author(s): David R. Kotok | Sun July 4, 2021

    A Hot Birthday Party - Bob Bunting's guest commentary


    Kotok note: since this guest commentary by Bob Bunting was written, many areas in America have endured record heat, water rationing from drought, rolling power outages, agriculture impairment and some deaths with causal attribution to the record heat. Many July 4 celebrations will be without…


  • Cumberland Advisors Week in Review (June 28, 2021 - July 02, 2021)
     Author(s): Cumberland Advisors | Sat July 3, 2021

    Cumberland Advisors - Week in Review


     
  • June 2021 Jobs Report
     Author(s): Robert Eisenbeis, Ph.D. | Fri July 2, 2021

    Cumberland Advisors Market Commentary - June 2021 Jobs Report


    The BLS Current Employment Survey for June 2021 showed a healthy 850,000 jobs, up from 583,000 in May.

     


  • International Equities — 2Q 2021
     Author(s): William H. Witherell, Ph.D. | Thu July 1, 2021

    Bill-Witherell-International-Equities-Q2-2021


    As the first half of 2021 comes to an end, the global economy is recovering strongly from its sharp decline last year caused by the COVID-19 pandemic. While the disease continues to surge in some countries, particularly those with a slow pace of vaccination, and the Delta variant of COVID proves…


  • Wanna Job?
     Author(s): David R. Kotok | Wed June 30, 2021

    Cumberland Advisors Market Commentary - Wanna Job?


    On June 25, the ad in the Summit County, CO, job listings read, “Line Cooks at Dillon Dam Brewery in DILLON • Line Cooks Day & Night Shifts • $19/Hour + $250 Signing Bonus • $250 Bonus at Successful 60 Day Review • 40 Hours” (Summit Daily email newsletter, June 25, 2021, https://www.…


  • Bond Market Reversion to the Mean – Real Yields Held Hostage
     Author(s): John R. Mousseau, CFA | Tue June 29, 2021

    Bond-Market-Reversion-to-the-Mean – Real-Yields-Held-Hostage



  • Taxable Total Return Review — 2Q 2021
     Author(s): Daniel Himelberger | Mon June 28, 2021

    Daniel Himelberger - Taxable Total Return Review — 2Q 2021


    ​As the second quarter drew to a close, the Treasury curve experienced flattening, with short-term Treasury yields rising while longer Treasury yields declined and the stock market set record highs. The largest movement in Treasury yields was in the longer-maturity securities as yields dropped…


  • CIO Overview & Outlook — Q2 2021
     Author(s): David R. Kotok | Fri June 25, 2021

    David-R-Kotok-CIO Overview & Outlook — Q2 2021


    As the close of the second quarter approached, we witnessed US stock markets reacted briefly to the outcome of the Federal Reserve’s June meeting. Chairman Powell planted the first seeds indicating a forthcoming change in Fed policy.

 

 

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

Plutarch