Whats the hurry? Slow it down, take your time. Youre playing with fire because youre playing with the credit markets of the world and the U.S. economy, said David Kotok, cofounder of Cumberland Advisors, in an interview Tuesday on Bloomberg Radio.
Date: Jan 30, 2019
Category: Headlines
Source: Google
EXPLAINER-How tariffs, trade war fears roil US financial markets
It is good news to see Canada and Mexico carve out. It is also good news to see some flexibility on others, said David Kotok, chairman and chief investment officer with Cumberland Advisors in Sarasota, Florida. The whole theme of tariffs, quotas, barriers is still troubling. No one wins in a trad
Date: Mar 08, 2018
Category: Business
Source: Google
Another Rout In The Stock Market, As Dow Drops More Than 1000 Points
The "sell-off has now corrected prices back to the level that preceded the passage of the tax bill" in December, said David Kotok, chairman of Cumberland Advisors. Enthusiasm about a corporate tax cut had helped drive to record levels.
"We are long, long overdue for a serious correction," said David Kotok, co-founder of Cumberland Advisors. "Will this be the one that takes the market down 5% or 10% and scares the hell out of everyone?
Date: Jan 30, 2018
Category: Business
Source: Google
Cryptocurrency Investors Worry, Wait After Bitcoin Price Drop
"Twenty years ago, the technology stocks and new Internet stocks achieved an excess valuation of $7 trillion because of speculation," said David Kotok, chairman and chief investment officer of Cumberland Advisors. "The prices of shares were bid up to very high levels. When they collapsed, investors
Date: Jan 18, 2018
Category: Business
Source: Google
Traders Are Going on the Defensive Despite Muted Market Reactions to Syria
We dont want to go home short over the weekend given the Syria event-risk, said Ian Lyngen, a rates strategist at BMO Capital Markets. Meanwhile, David Kotok, chairman and chief investment officer at Cumberland Advisors Inc., said his firm just raised cash to be defensive.
Date: Apr 07, 2017
Category: Business
Source: Google
In Economy As In Business, Trumponomics May Mean Building Big Things
"I believe an infrastructure bill of $500 billion is now possible," says David Kotok, chairman and chief investment officer at Cumberland Advisors. "And the introduction of it comes in early 2017, after the new regime takes office."
Date: Nov 09, 2016
Category: Business
Source: Google
Election will push Fed rate hike to December, CNBC survey respondents say
Morgan's certainty about no rate hike this week is mirrored in a certainty about December. David Kotok, chairman of Cumberland Advisors, wrote: "A December hike is widely anticipated. The Fed will deliver a negative surprise if it fails to hike a quarter point in December."