The issue is easily defined: Convergences reduce volatility. Divergences increase volatility. That defines the yin and yang of markets. Or others might call it the Sturm und Drang of markets. We call it a merger of metaphors. “Yin and yang” (Chinese philosophy, origin estimated 4th century BC) describes how opposite or contrary forces are actually […]
Our best outlook through this murky fish tank is that we are growing slowly in the US and gradually improving. We see 2.5 to 3 million new, nonfarm payroll jobs a year at an annual rate. We do not see robust and rising wage pressure or strong inflationary forces. We do have extremely low interest […]
CIO of Cumberland Advisors David Kotok discusses heavenly movements and Earth-bound economies.
GIC Board Member and CIO of Cumberland Advisors David Kotok discusses moral hazard and Greece.
CIO of Cumberland Advisors and GIC Board Member David Kotok recaps the US market for the first quarter of 2015.