Trading Soggy Markets - Cumberland Advisors' Week in Review

Dear Clients & Friends, Thank you for watching Cumberland Advisors’ Friday, August 18, 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 Shaun Burgess, Portfolio Manager and Fixed Income Analyst. Matt McAleer & Equities - Markets being reset off of July's weekly momentum highs - We're more comfortable looking for entries around current levels - Weak markets help identify what stays green the longest (relative strength) - Don't get too caught up in the headlines Shaun Burgess & Fixed Income - Tough week for U.S. Treasuries, with 10yr yields hitting intraday high of 4.33 - Munis held in nicely, as bond fund flows stayed stable - Best bargains currently being found in longer duration bonds - Great U.S. retail sales numbers reported for July 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, Shaun & Cumberland Advisors