Cumberland Advisors

This year foreign investors have plowed almost $80 billion into Japanese equities, which have been leading global markets. By Wednesday, May 22, the market was up 46% year-to-date. Suddenly late last...

Inflation is not on the radar anymore. We do hear occasional comments from central bankers who warn about future inflation arising from QE. We also recall a few statements in the media along the lines...

It is a fascinating time to discuss key aspects of the global economy that are rapidly changing. In Japan, a hugely stimulative new policy is influencing the foreign-exchange markets and the Japanese...

We thank readers for their emails in response to "Understanding the Stock Market." Predictions of future market prices ranged from a low of 450 on the S&P 500 index to a high of over 3000. Timing...

While the Stock Market Makes New Highs, Most Commodity Prices Tumble. What's Ahead of Commodities. By Jim RoemerWhile the stock market has been on a tear the last number of months on a rebound in the...

An astute reader and some-time fishing partner raised an interesting issue in connection with a recent commentary. That commentary focused on the problems the Fed faces in designing an exit strategy...

An astute reader and some-time fishing partner raised an interesting issue in connection with a recent commentary. That commentary focused on the problems the Fed faces in designing an exit strategy...

We started to think about what the implications might be for Treasury bond pricing in the present market environment. We have not seen this type of Treasury paydown since 2Q 2009. We still have the...

After two months of stalemate following what markets considered very disturbing election results, Italy has a new government, one that is considerably better for the country and the economy than many...

Today’s employment report is surprisingly positive. Many elements indicate a little stronger economic growth than the previous baseline projections. Revisions were positive. The details are...

After two months of stalemate following what markets considered very disturbing election results, Italy has a new government, one that is considerably better for the country and the economy than many...

The short answer is that it will do nothing today. But that hasn’t deterred pundits from speculating. What we know is that the FOMC, as a policy-making body, has been fairly clear that its main...

Last week, the public was enraged by the needless disruption in air traffic. People created websites, made calls and sent email to Congress and the White House, and launched an attack on Democrats and...

In the spirit of Rahm Emanuel, who famously said, “You never let a serious crisis go to waste,” it is time to get ready for the next shoe to drop in the sequestration soap opera. Having...

Gold made the headlines with a rapid plunge, some possible basing, and then another plunge. Let’s talk about gold for a minute. Central bankers prefer to have the public, the investor class,...

We still hold some cash reserve in our US ETF accounts. Of course, that could change at any time. There are a number of world events that concern us. Markets seem complacent about them. BIRD FLU. Note...