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): | Tue September 1, 2020
Steve Sexauer and I spent about an hour discussing a superb paper he coauthored with Laurence Siegel. I recommend it to readers. It will give investors and decision makers some perspective on how to navigate through the COVID-19 shock and out the other side. Here’s the link.
https://…
Author(s): David R. Kotok | Mon August 31, 2020
Congratulations to all. We’ve now endured and survived two political conventions. According to various pollsters, we’re mostly unchanged in our political views. We have witnessed two starkly contrasting and totally scripted messages. And we’ve had two hurricanes and massive wildfires, on top of…
Author(s): Robert Eisenbeis, Ph.D. | Sun August 30, 2020
On the day of Chairman Powell’s opening speech for this year’s virtual annual Jackson Hole Economic Policy Symposium, hosted by the Kansas City Fed, the Federal Reserve released an update to its January 2012 “Statement on Longer-Run Goals and Monetary Policy Strategy.” This commentary describes…
Author(s): Cumberland Advisors | Sun August 30, 2020
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
Author(s): David R. Kotok | Fri August 28, 2020
In the Indian Ocean they are called cyclones, in the Pacific Ocean, typhoons. The latter term comes from the Chinese tai fung, which translates as “great wind.” The Kʼicheʼ Mayans called their god of wind, storm, and fire Hurakan. European colonists adopted the word, and it became…
Author(s): Leo Chen, Ph.D. | Thu August 27, 2020
Insider trading often refers to acting on material nonpublic information. However, when company employees buy and sell their own stocks, it is also called insider trading, which is permitted by the SEC. We will only discuss the second type of insider trading today. As many investors have wondered,…
Author(s): David R. Kotok | Tue August 25, 2020
My friend Christopher Whalen has written an excellent commentary on the ongoing debate about LIBOR versus SOFR (the secured overnight funding rate). Here’s the link to his publicly available essay: https://www.theinstitutionalriskanalyst.com/post/libor-is-dead-long-live-sofr-really. We recommend…
Author(s): David R. Kotok | Mon August 24, 2020
We’ve prepared a series of Beveridge curve graphics so that readers can see the dramatic changes in the composition and direction of various labor-force-related measures. We are using a visual Beveridge curve approach. The charts (30 of them) are available from our website. Below is the…
Author(s): Cumberland Advisors | Sun August 23, 2020
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
Author(s): William Witherell, Ph.D. | Fri August 21, 2020
The Japanese economy, the globe’s third largest (following those of the US and China), shrank by a record 7.8% in the second quarter. This decline was less than the 9.5% fall in the US economy and the 10.1% drop in the German economy. However, it was more than double neighboring South Korea’s 3.3%…