I am traveling tonight to Santiago, Chile for a conference sponsored by the Global Interdependence Center. I have been asked to discuss the question “Is monetary policy affecting commodity inflation?” and have included the presentation for our clients and friends below.
Read moreA year ago, my colleague David Kotok wrote a Commentary entitled “2010: The Year to Focus on Sovereign Debt.” That has certainly proved to be correct. The year that is drawing to a close witnessed a welcome recovery in the global economy that was overshadowed by a fiscal crisis in the periphery of the eurozone [...]
Read moreDr. William Dunkelberg, provided a Guest Commentary for Cumberland Advisors’ daily Market Commentary on October 14, 2010.
Read moreThe most predictable report in our regular repertoire over the past year has been on monthly mutual fund flow data. The U.S. investor collectively is willing to assume duration and credit risk while shunning equity risk even as stocks become increasingly attractive on a relative valuation basis.
Read moreAcy sticks in my mind. I cannot get him out of my mind. I don’t mind him there. He is the one who touches me. “BP is trying to move out,” he says. “Oil is there,” he says. “We have oil on the bottom of our waterways. 90% of the oil is still there. We [...]
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