Cumberland Advisors

To no one’s surprise, the FOMC raised its target range for the federal funds rate by 25 basis points to between .75 and 1%. The rationale for the move was the prospect for further improvement in...

We are a week short of two months into the Donald Trump presidency. The story is told in the two charts below. We can see that Treasury yields have risen since yearend across the board, with...

I. Market Efficiency: Active vs. PassiveIs the market efficient? In other words, can one outperform the market? Most people would argue the market is semi-efficient as best; yet it is still difficult...

During one of my two speaking sessions at the Money Show in Orlando, Florida, on February 8, 2017, we had a question from the audience, asking us to weigh in on the issue of gold versus the dollar....

The state of US trade with Mexico is on the front page as policy makers attempt to stem the outflow of firms, jobs, and goods production from the United States. To put the issues in perspective, it is...

Japan’s central bank, the Bank of Japan (BOJ), confirmed at last week’s meeting that the recovery in the Japanese economy remains on track. It decided to leave policy unchanged with...

The three major indices hit new all-time highs last week. Especially, the Dow finally climbed above the 20,000 psychological barrier. Whether this is the breakout that many technicians have been...

Below is the full quote given to a major news organization on Sunday morning at 6:00 AM EST. The question was about guessing market reaction and economic damage from Trump's travel...

"Dow 20k... But Don't Overpay,” says Adam Johnson, former Bloomberg anchor who is currently found at bullseyebrief.com. We agree.We are still maintaining a cash reserve in our US ETF core and...

The market euphoria brought on by President-elect Trump (rising equity markets and bond yields) has now moved on to the reality of President Trump. The spadework of working with Congress to move his...

Leading economic data released last week indicate that European economies were accelerating as 2016 drew to a close. The political uncertainties facing the region, including elections in France,...

Let’s consider the widening spreads between the spot market price for LIBOR and FRA pricing. We think those widening spreads spell rising risk.Two acknowledgments are necessary before we wade...

The best source we can find for the above quote is the November 1945 issue of Advertising & Selling, in an article titled “Don’t Confuse Me with Facts!” by Roy S. Durstine. His...

Cumberland’s International ETF strategy analyzes fiscal and interest rate policy and complements that research with trading analytics to determine portfolio risk/reward and valuations. The...

Recognizing strengths and weaknesses among primary asset classes is the core goal of our Tactical Trend strategy. The strategy seeks to identify relative strength and trend strength in an attempt to...

As expected, the FOMC at its December meeting raised the target policy range for federal funds to 50–75 basis points. The Committee also released its latest summary of economic projections...