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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  • Coronavirus Infects Bond Yields
     Author(s): Tom Patterson & John R. Mousseau, CFA | Fri March 6, 2020



    The turmoil and volatility in the equity markets is also greatly affecting bond markets, with both taxable and tax-free yields shifting down sharply.


  • Headwinds Confront UK Economy and Stocks
     Author(s): William Witherell, Ph.D. | Thu March 5, 2020



    UK economic indicators for January looked encouraging. The HIS Markit Composite Purchase Managers Index (PMI), combining measures of manufacturing and service sector activity for the month, rose from 49.3 in December to 53.3, the strongest in 16 months, with a robust increase in new orders.


  • Market's Virus Swoon, ACE2 & Nankai University?
     Author(s): David R. Kotok | Wed March 4, 2020



    We invite thoughts from readers about this somewhat technical commentary. But first, please consider what it means when the narrative is controlled by and censored by politicians whether in China, in United States or elsewhere. For many history students, me included, censorship in America is a…


  • COVID-19 and Municipal Credit Quality
     Author(s): Patricia Healy, CFA | Tue March 3, 2020



    Until recently it was unclear if the new coronavirus would reach the United states. Now we have 88 reported cases in the US, at least two without a clear connection to travel to China, and as of Sunday night two deaths; so we feel it is time to comment on the ability of US municipalities to…


  • Cumberland Advisors Week in Review (Feb 24, 2020 - Feb 28, 2020)
     Author(s): Cumberland Advisors | Sun March 1, 2020



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


  • Cumberland Advisors Guest Commentary - Guest Words from Jay Simkin about China Virus
     Author(s): Jay Simkin & David R. Kotok | Sat February 29, 2020



    Jay Simkin is a skilled global observer who consults privately on global risks. We have exchanged information for many years.


  • The Virus & The "Truth"
     Author(s): David R. Kotok | Thu February 27, 2020



    Without a vaccine, the best medicine for an epidemic is the truth. Lies and cover-ups make matters worse; we all know it. We recently saw it in Wilmington, North Carolina, where a fake news report of coronavirus cases triggered disruption in the regional medical system. It is hard to catch a…


  • Cumberland Advisors Week in Review (Feb 17, 2020 - Feb 21, 2020)
     Author(s): Cumberland Advisors | Tue February 25, 2020



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


  • Guest Commentary - The DataTrek Research "Coronavirus" Investor Survey Results
     Author(s): Nick Colas and Jessica Rabe | Tue February 25, 2020



    Nick Colas and Jessica Rabe of DataTrek Research publish a terrific daily market analysis. They have kindly agreed to let us send their full Coronavirus survey note to our list. We thank them. The full February 23rd letter follows.

    David R. Kotok Chairman and Chief Investment Officer…


  • COVID-19, SARS, Markets?
     Author(s): David R. Kotok | Sat February 22, 2020



    Many market agents have invoked SARS as a model for assessing market strategy and reaction functions to COVID-19.

    They’re wrong.


 

 

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

Plutarch