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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  • A Very British Affair — Living with COVID-19 in the UK
     Author(s): Kevin Humphreys | Thu April 16, 2020



    Kevin Humphreys is a long-time commentary subscriber from the other side of the pond. He is a London-based independent financial market analyst and commentator with 23 years of trading and management in tier 1 UK banks followed by another 10 years in broking, management and market analysis roles…


  • Governors and the States
     Author(s): David R. Kotok | Tue April 14, 2020



    “Governor Gavin Newsom said that he would use the bulk purchasing power of California ‘as a nation-state’ to acquire the hospital supplies that the federal government has failed to provide. If all goes according to plan, Newsom said, California might even ‘export some of those supplies to states…


  • Cumberland Advisors Commentary - The Biblical Rembrandt
     Author(s): David R. Kotok | Mon April 13, 2020



    In Amsterdam in 1632 , a talented young artist, Rembrandt Harmenszoon van Rijn, was commissioned to produce five etchings of biblical scenes. Rembrandt was born in 1606 and this was his breakthrough engagement, at age 26. His patron was Stadtholder Frederik Hendrik, Prince of Orange, the Dutch…


  • Repos Revisited
     Author(s): Robert Eisenbeis, Ph.D. | Fri April 10, 2020



    On March 12, a Wall Street Journal headline announced, “Fed to Inject $1.5 Trillion in Bid to Prevent ‘Unusual Disruptions’ in Markets” (https://www.wsj.com/articles/fed-to-inject-1-5-trillion-in-bid-to-prevent-unusual-disruptions-in-markets-11584033537).


  • Cumberland Advisors Guest Commentary - Timely Data Matters
     Author(s): Samuel E. Rines | Thu April 9, 2020



    My friend and Camp K veteran, Sam Rines ( Chief Economist at Avalon Investment and Advisory), has an excellent discussion on high frequency data and how critical it is in the current environment. He is kind enough to give us permission to share the entire piece entitled, "Timely Data Matters,"…


  • WW2 versus WWC: The Doolittle Moment
     Author(s): David R. Kotok | Wed April 8, 2020



    We’re going to look at World War 2 (WW2) versus the World War COVID-19 (WWC) events now unfolding and see what we can glean about markets, economies, interest rates, inflation rates, and the overall outlook.


  • Understand Leveraged ETFs*
     Author(s): Leo Chen, Ph.D. | Tue April 7, 2020



    The first leveraged ETF was launched in 2006, 13 years after the first ETF was rolled out back in 1993. Although there has been much debate over whether leveraged ETFs add to market volatility and risk, the market size of leveraged ETFs has topped $100 billion since their launch.


  • Wuhan to Pharaoh & 3 Musical Messages
     Author(s): David R. Kotok | Mon April 6, 2020



    We especially thank Gary Shilling and Fred Rossi for help with this list.

    1. Coronavirus. First officially appeared in Wuhan, China in December 2019. (We now know it was there in November). It spread through China, then elsewhere in Asia, and now throughout the world.


  • Cumberland Advisors Week in Review (Mar 30, 2020 - Apr 03, 2020)
     Author(s): Cumberland Advisors | Sun April 5, 2020



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


  • The War in Europe
     Author(s): William Witherell, Ph.D. | Sat April 4, 2020



    During the first quarter of 2020, Europe once again found itself to be in the center of a global war, this time against an invisible, very deadly enemy, the virus SARS-CoV-2, which causes COVID-19.


 

 

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

Plutarch