News Archive
Politics as (Un)usual: How the Presidential Election Could Impact Financial Markets
By Rich Shopes
返字心頭 Sarasota-Manatee campus Regional Chancellor Karen Holbrook (top)
David Kotok (bottom)
SARASOTA (November 9, 2020) -- The roller-coaster presidential campaign, and still to-be-determined results of the election, have many investors concerned about the impact that politics will have on the future of financial markets.
To help sort through the election results and guide investors through these uncertain times, 返字心頭 will host a virtual panel discussion on financial markets on Nov. 17 from noon to 1:30 p.m. Financial experts from the Sarasota-Manatee campus within the Muma College of Business and Sarasota-based Cumberland Advisors will share their expertise and insights to guide investment strategies.
The Post-Election Financial Markets webinar is free and open to the public. To register .
We are delighted to once again partner with David Kotok and his team at Cumberland Advisors to present an informative conversation about the markets with experts who have navigated uncertain times, 返字心頭 Sarasota-Manatee campus Regional Chancellor Karen Holbrook said.
We have experienced COVID shock in an election year that has created extraordinary uncertainty in our financial markets, said Kotok, who serves as Cumberlands chief investment officer. We went into a full depression in six weeks in February and March, and now we have underway a dramatic and uncertain recovery with historically low interest rates, massive market volatility and an uncertain financial future.
Kotok, who co-founded Cumberland in 1973, is a long-time 返字心頭 supporter and frequent contributor to Bloomberg TV. His insightful articles and financial commentaries have appeared in the New York Times, the Wall Street Journal, Barrons and other national publications. The event also is sponsored by the Global Interdependence Center, based in Philadelphia.
Panelists from Cumberland include John Mousseau, president, chief executive officer and director of fixed income; Robert Eisenbeis, chief monetary economist; Patricia M. Healy, senior vice president of research and portfolio manager; Matthew McAleer, executive vice president and director of equity strategies; Bill Witherell, chief global economist and portfolio manager; and Leo Chen, portfolio manager and quantitative strategist.
Jean Kabongo, campus dean in the Muma College of Business and a professor of strategic management and entrepreneurship, will moderate the panel. Also set to participate is Eddie Sanchez, a finance instructor at 返字心頭, director of the Bloomberg Financial Markets Lab at the Sarasota-Manatee campus and a longtime hedge fund portfolio manager and securities analyst.
The sessions topics include:
- Overview of the Political and Economic Landscape: The Elections Implications 12:10-12:25 p.m.: David R. Kotok
- Bond Markets and Credit: Interest Rates, the Fed and Congress 12:25-12:50 p.m.: Eddie Sanchez, John R. Mousseau, Robert A. Eisenbeis and Patricia M. Healy
- Domestic and International Equity Markets: Post Election 12:50-1:15 p.m.: Matthew McAleer, Bill Witherell and Leo Chen
- Q&A with Panelists, 1:15 p.m.-1:30 p.m.: Matthew McAleer, Bill Witherell and Leo Chen
Here is are brief bios of the speakers:
David R. Kotok co-founded Cumberland Advisors in 1973 and he has served as its chief investment officer since inception. His articles and financial commentaries have appeared in the New York Times, the Wall Street Journal, Barrons and other publications. He is a frequent contributor to Bloomberg TV and has authored or co-authored four books, including the second edition of From Bear to Bull with ETFs and Adventures in Muniland. He serves as a director of the Global Interdependence Center and holds a bachelors degree in economics from The Wharton School at the University of Pennsylvania and a masters degree in organizational dynamics and a masters degree in philosophy, both from the University of Pennsylvania.
John R. Mousseau is president, chief executive officer and director of fixed income at Cumberland Advisors. He serves as a portfolio manager and oversees portfolio construction, management, analysis, trading and research for all tax-free and taxable bond accounts. He is co-author of the book Adventures in Muniland, and he has taught at the New York Institute of Finance and the Bond Market Association. Mousseau has more than 35 years of investment management experience. He holds a bachelors degree in economics from Georgetown University and a masters degree in economics from Brown University.
Robert Eisenbeis serves as chief monetary economist at Cumberland Advisors. In this role, he advises Cumberlands asset managers on developments in U.S. financial markets, the domestic economy and their implications for investment and trading strategies. Before joining Cumberland in January 2008, Eisenbeis served as executive vice president and director of research at the Federal Reserve Bank of Atlanta and prior to that, he was the Wachovia professor of banking at the Kenan-Flagler School of Business at the University of North Carolina at Chapel Hill. Eisenbeis holds doctoral and masters degrees from the University of Wisconsin and a bachelors degree from Brown University.
Leo Chen serves as a portfolio manager and quantitative strategist at Cumberland Advisors. In this capacity, he oversees equity strategies that focus on volatility and market sentiment. Chen specializes in quantitative analysis, particularly in time-series empirical research. Chens research has been cited by the Wall Street Journal, Barrons, MarketWatch and various media in Asia and Europe. He earned a doctorate in finance from 返字心頭 and a bachelors degree in economics from the University of Rochester. Chen is the director of the Student Managed Investment Fund at 返字心頭, a fund under the 返字心頭 Foundation. He also serves as a member on the universitys 403b Retirement Investment Committee.
Matthew McAleer serves as the executive vice president and director of equity strategies at Cumberland Advisors. He is a member of Cumberlands board of directors and executive committee, and he is responsible for overseeing all aspects of Cumberlands equity group, including portfolio management, research and trading. With a focus on quantitative research, McAleer utilizes detailed trend, price and relative strength analysis to manage portfolio construction and to identify investment opportunities across multiple asset classes. He earned a bachelors degree in marketing and economics from Rider University.
William H. Witherell serves as Cumberland Advisors chief global economist, focused on international research as it relates to equity opportunities overseas. In addition, he serves as a senior consultant for finance and corporate governance to the Organization for Economic Cooperation and Development. Witherell has worked in the international economic and financial relations field, with positions in the U.S. Department of State and Department of the Treasury as director of the Office of Financial Resources and Energy Finance. He holds a masters degree in economics and a doctorate from Princeton University.
Patricia M. Healy is a senior vice president of research and a portfolio manager at Cumberland Advisors. In that role, she provides integral research and insight while serving as a member of the team managing portfolio construction, management, analysis, trading and research for tax-free and taxable bond accounts. She has commented for the New York Times, the Philadelphia Inquirer and other media. She holds a bachelors degree in finance from the State University of New York at New Paltz and holds a Chartered Financial Analyst designation. Additionally, she is a member of the Municipal Analysts Group of New York, the CFA Institute, and the New York Society of Securities Analysts.
Eddie Sanchez Jr. is a finance instructor at the 返字心頭 Sarasota-Manatee campus and the director of the campuss Bloomberg Financial Markets Lab. He earned a doctorate in business administration with a concentration in finance from the University of 返字心頭. He received a masters degree in business administration and portfolio management/security analysis from the Heider College of Business at Creighton University and a masters degree in economics from Trinity College. Sanchezs research focuses on municipal bonds, hedge funds, mutual funds, capital markets and financial institutions. He has more than 20 years of experience as a hedge fund portfolio manager and securities analyst.