Poland, the EU Growth Leader

March 21, 2012

By Bill Witherell, Cumberland Advisors Chief Global Economist   The title of this commentary may come as a surprise. Over the past year and a half, the sovereign debt crisis in the Eurozone has dominated European issues in the financial press. There has been little mention of the Central and Eastern Europe members of the [...]

One Year After the Tsunami, Japan Is Back

March 9, 2012

by Bill Witherell, Chief Global Economist, Cumberland Advisors One year ago the Japanese economy was dealt a devastating blow by a major earthquake and the resulting tsunami and nuclear crisis. In 2011 Japanese economic growth, as measured by real (constant-price) GDP, is estimated to have declined by almost 1%. There are indications the economy is [...]

Return of the BRIC Equity Markets

February 29, 2012

This commentary was written by Bill Witherell, Cumberland’s Chief Global Economist. He joined Cumberland after years of experience at he OECD in Paris.  his bio is found on Cumberland’s homepage, www.cumber.com. He can be reached at Bill.Witherell@cumber.com. Last year’s series of disturbing shocks to the global economy and the willingness of global investors to take [...]

McVean Weekly Update – February 24, 2012

February 29, 2012

by Michael Drury, Chief Economist, McVean Trading & Investments, LLC Taylor Somerville, CFA, Senior Economist, McVean Trading & Investments, LLC Vadim Sinitsyn, Associate Economist, McVean Trading & Investments, LLC Historically, economists have found that when a country’s per capita GDP exceeds $3,000 good things happen. Wealthier households begin to invest in durable goods, like automobiles [...]

Paul after PIMCO

February 9, 2012

By Jennifer Ablan and Matthew Goldstein, Reuters

Paul McCulley says working at bond giant PIMCO was like being in Camelot. [...]