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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  • Cash!
     Author(s): David R. Kotok | Wed January 20, 2021



    We would like to suggest that readers take time to read Josh Brown’s December 29 column at The Reformed Broker, “How to avoid bear markets” (https://thereformedbroker.com/2020/12/29/how-to-avoid-bear-markets/). We thank Josh’s colleague Barry Ritholtz for including it in the daily …


  • Cumberland Advisors Commentary - A Sunday Potpourri
     Author(s): David R. Kotok | Mon January 18, 2021



    This Sunday morning, we would like to whisk you away from the world of politics for a few minutes.

    First, we’ll consider the outsized consequences of acting without thinking. We thank Bill D. for forwarding this 30-second clip:

    “Why we don’t do fireworks at Christmas,”

    https…


  • Cumberland Advisors Week in Review (Jan 11, 2021 – Jan 15, 2021)
     Author(s): Cumberland Advisors | Sun January 17, 2021



    The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.


  • JOLTS and a Sobering View of Labor Market Conditions
     Author(s): Robert Eisenbeis, Ph.D. | Sat January 16, 2021



    Although the news is somewhat stale, the January 12 release of the BLS’s Job Openings and Labor Turnover Survey (JOLTS) for November provides some additional information about the underlying dynamics of the labor market as we approached the December virus surge. The picture we see reflects some…


  • South Africa Facing a Resurgence of the Virus
     Author(s): William Witherell, Ph.D. | Fri January 15, 2021



    In recent weeks, a new and more contagious variant of COVID-19 has been surging in South Africa, with per capita new infections and deaths approaching the globally leading rates being experienced in the UK and the USA. While on December 26 the seven-day rolling average of new South African cases…


  • Markets and Another Impeachment
     Author(s): David R. Kotok | Thu January 14, 2021



    The response of the markets to a potential second impeachment of President Trump is impossible to predict now. History shows why this may not be a market moving event. The new Senate under Schumer will decide what to do with Speaker Pelosi’s new articles of impeachment. How and when is not clear…


  • Jobs, As the New Year Begins
     Author(s): Robert Eisenbeis, Ph.D. | Wed January 13, 2021



    The jobs numbers released this week provide a sobering view of the pace of the recovery and provide clear evidence as to what we can expect from the FOMC.


  • Q4 Quarterly Credit Commentary – Municipal Credit 2020 and Beyond
     Author(s): Patricia Healy, CFA | Tue January 12, 2021

    Patricia Healy, CFA


     

    In the depths of the muni market plunge back in March, many feared that the sky had fallen and that municipalities would not be able to manage their services and debt repayment.

     

     


  • Cumberland Advisors Commentary - Mourning
     Author(s): David R. Kotok | Mon January 11, 2021



    When we mourn for a person, that is a certain kind of experience. Lose an aged parent and you feel the loss. But that loss is also a part of a repeating life cycle.

    Lose a pet? Not the same, but there is a sense of loss of a different type.


  • Cumberland Advisors Week in Review (Jan 04, 2021 – Jan 08, 2021)
     Author(s): Cumberland Advisors | Sun January 10, 2021



    The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.


 

 

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

Plutarch