Home > Blog > Page 2

Divergences

January 21, 2016
David R. Kotok
David R. Kotok

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 […]

Read more

Low Short-Term Rates for a Long Time?

November 4, 2015
David R. Kotok
David R. Kotok

We are likely to have worldwide near-zero short-term interest rates for at least another two years, maybe three or four. The implications for stocks, bonds, and currency exchange rates are huge.

Read more

The Economic Outlook at Home

August 27, 2015
David R. Kotok
David R. Kotok

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 […]

Read more

Puerto Rico Defaults – Our New Muni Book

August 4, 2015
David R. Kotok
David R. Kotok

GIC Board Member David Kotok talks about Puerto Rico's default and his new book, Adventures in Muniland, in advance of his book signing with GIC on August 20 in Philadelphia.

Read more

Venus and Jupiter

July 14, 2015
David R. Kotok
David R. Kotok

CIO of Cumberland Advisors David Kotok discusses heavenly movements and Earth-bound economies.

Read more

International Market Review: 2Q2015 

July 9, 2015
David R. Kotok
David R. Kotok

David Kotok, long-time GIC board member and CIO of Cumberland Advisors, takes a look at the world's economies.

Read more

Greece – Moral Hazard

June 30, 2015
David R. Kotok
David R. Kotok

GIC Board Member and CIO of Cumberland Advisors David Kotok discusses moral hazard and Greece.

Read more

Circularity

June 23, 2015
David R. Kotok
David R. Kotok

David Kotok, GIC board member and CIO of Cumberland Advisors, discusses circularity from Leen's Lodge.

Read more

US Market Review: 1Q2015

April 2, 2015
David R. Kotok
David R. Kotok

CIO of Cumberland Advisors and GIC Board Member David Kotok recaps the US market for the first quarter of 2015.

Read more

Final Report from Paris

March 31, 2015
David R. Kotok
David R. Kotok

David Kotok, CIO of Cumberland Advisors and GIC board member, provides a recap of GIC's recent event in Paris in today's blog post.

Read more

Yemen

March 24, 2015
David R. Kotok
David R. Kotok

David R. Kotok discusses the security crisis in Yemen.

Read more

Greece – Interdependence

February 12, 2015
David R. Kotok
David R. Kotok

CIO of Cumberland Advisors David Kotok discusses Greece.

Read more