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): John R. Mousseau, CFA | Sat January 9, 2021
The Democratic Party won both Senate seats in Georgia on Tuesday, January 5th. Our own math had a split decision, with each party capturing a Senate seat; but with the sweep the Democrats will now control the White House, the House of Representatives, and the Senate, where a 50-50 split will now…
Author(s): David R. Kotok | Fri January 8, 2021
According to the Brookings Institution,
“Newly released Census Bureau population estimates through mid-year 2020 reveal record lows in U.S. population growth, both annually and for the 2010-to-2020 decade….
“The new estimates indicate that over the period from July 1, 2019 to July…
Author(s): Robert Eisenbeis, Ph.D. | Thu January 7, 2021
In a recent review of fixed-income security returns, Cumberland Chairman, David Kotok, raised a question concerning what looked to him to be an anomaly with respect to the spread between the 5-year and 10-year breakeven inflation rates on US Treasures, which had narrowed to only 5 basis points…
Author(s): David R. Kotok | Wed January 6, 2021
Dear readers, we narrowly avoided a catastrophe. I use that word because an action by Congress to eliminate or neuter the power of the central bank to intervene as lender of last resort in a crisis is exactly the way to create a catastrophe. The 1929–1933 period of American history is evidence…
Author(s): Cumberland Advisors | Sun January 3, 2021
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
Author(s): Daniel Himelberger | Thu December 31, 2020
The buildup to and launch of a COVID-19 vaccine during the fourth quarter of 2020 led to record highs being set in the stock market and a steeper Treasury yield curve. The news of the vaccine also benefits spreads on investment-grade corporates and taxable municipals. These spreads continue to…
Author(s): David R. Kotok | Thu December 31, 2020
About 20 million people in America were at sharply increased financial risk if Trump hadn’t signed the new stimulus bill. I asked Mike Englund of Action Economics for a breakdown. Here’s what he sent.
Author(s): John R. Mousseau, CFA | Tue December 29, 2020
Sometimes the light’s all shinin’ on me Other times I can barely see
Author(s): David R. Kotok | Mon December 28, 2020
We hope that you’ve made the most of your holidays during this extraordinary year and have found safe ways to connect with family and friends. On this Sunday poised just before the new year, we would like to wish you and yours a better and brighter 2021. We are hopeful…
Author(s): Cumberland Advisors | Sun December 27, 2020
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.