Dear Clients & Friends, Thank you for watching Cumberland Advisors’ Friday, June 9, 2023 Week in Review, an end-of-week update on market conditions, equities & bonds with Matt C. McAleer, Executive Vice President & Director of Equity Strategies, and John R. Mousseau, President, CEO, and Director of Fixed Income. Matt McAleer & Equities - Where did all the volatility go? VIX Index continues to slide lower - Breadth continued spreading out across multiple sectors - Lean against your own opinion and respect other side of the trade - What can almost a century of S&P 500 data tell us about yearly returns? John Mousseau & Fixed Income - The Summer Doldrums are here! Not much change in yields - Does Thursday's jobless claims number have Fed considering a pause? - Higher rates for longer equals a more cumulative bite - Good demand for municipal bond deals this week View this week's featured chart here: https://mcusercontent.com/d6f020f3bd6a1e2c4eb254e6c/images/6a7f28a2-7d73-4f34-1423-d079a88c974b.jpg Please send any feedback from today’s email/video to Matt McAleer. You can reach him at: Email: Matthew.McAleer@Cumber.com Twitter: https://twitter.com/matthewcmcaleer LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/ Call Matt: (800) 257-7013 ext. 346 Other questions or comments? Email us at info@cumber.com or give us a call at (800) 257-7013 Have a great weekend, -Matt, John & Cumberland Advisors