Cumberland Advisors

The pace of global economic growth is picking up after several years of weak performance. First-quarter results indicated a widespread advance at a modest pace and leading indicators for the first...

President Trump’s firing of FBI Director James Comey sent a shot across Washington’s bow last week. Republicans and Democrats alike questioned the timing of the action and professed unease...

We’ve had seven client/consultant/prospect speeches and meetings in the last week. The hottest topic has been the Federal Reserve’s balance sheet and what changes in it will mean for...

A year ago in May we published a “sell in May” portfolio that alternated between the Consumer Staples sector and the S&P 500. The concept was simple: Get defensive during a more...

Markets in France, Europe, and globally are rallying as they breathe a sigh of relief following the first round of the French presidential election on Sunday. The pro-business centrist candidate...

The Trump administration unveiled their tax plan yesterday, with details to follow. It will take a while to work the plan through Congress but this is our quick take on how the plan affects municipal...

MarketsWe were fully invested in our US ETF strategies before the weekend French elections. We are still there and overweight financials (banks) and tech. In our volatility strategies we are also...

Is there a threat to the municipal bond interest deduction?The new administration’s focus on tax reform, especially as many of us pay our federal and state taxes this week, draws our attention...

I am scheduled to discuss policy-driven interest rates and other market forces on Bloomberg TV at 8 AM on Tuesday morning. In the meantime, here’s a rundown of the picture as we at Cumberland...

The recovery of the global economy has continued thus far in 2017, and stock markets have generally registered healthy advances. In the US the SPDR S&P 500 ETF (NYSE:SPY), SPY, gained 5.62...

I read the following excerpt in the morning edition of NightWatch for April 4. An important reason [the threat of actual war] remains low is that spring planting has begun in North Korea. As a nation...

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

There may be credit challenges in public finance; but for the fifth year in a row, per S&P, upgrades outpaced downgrades.Healthcare bill update: Without enough votes in the House of...

The first quarter of 2017 saw records being broken in the equity market, while yields in the fixed-income market have experience continued volatility. The largest movement in yield was on the short...

The volatility index, VIX, has remained very low since the presidential election. Even the over 1% sell-off did not cause much a spike in VIX yesterday. Not only has the VIX been hovering around 11,...