"Hong Kong, Stuck in the Mud!" Cumberland Advisors' Week in Review

Dear Clients & Friends, Thank you for watching Cumberland Advisors’ Friday, January 19, 2024, Week in Review, our end-of-week update on market conditions, equities & bonds with Matt C. McAleer, President & Director of Private Wealth, and John R. Mousseau, CEO and Director of Fixed Income. Matt McAleer & Equities - Large-caps hot this week, while small/mid-caps trailed behind - Leaning developed in International Equity ETF - Prior to Covid, Hang Seng Index hasn't traded below 1500 since 2009 - China markets have gone practically nowhere in last 15yrs John Mousseau & Bonds - Bonds traded off, with 10yr U.S. Treasury bond yields around 4.15% - Initial jobless claims & housing starts down less than expected - Plenty of Muni demand and bond funds saw more inflows - Historical data shows the Fed not known for playing politics Check out this week's featured charts: https://mcusercontent.com/d6f020f3bd6a1e2c4eb254e6c/images/97540005-6e40-46ca-d9e8-63818adfbd42.jpg https://mcusercontent.com/d6f020f3bd6a1e2c4eb254e6c/images/ea43ba35-b1d2-6aea-766f-297d683b4597.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