A conversation with Matt Dotts, Information Security Awareness Officer at Mid Penn Bank. In this conversation, Matt discusses common scams in today's society and ways to prevent fraud. www.youtube.com/watch?v=xeWg...

Sharing perspectives in diverse settings, whether on the ground in Cuba or in thoughtful interviews like this one are extremely valuable. That’s why I strongly encourage you to listen to Ed D’Agostino’s entire interview with Michael Howell, MD at GL Indexes. dkotok.substack.com/p/terrific-i...

"Bonds Share In The Rally" - The Cumberland Advisors’ Week in Review, end-of-week update on market conditions, equities & bonds. www.youtube.com/watch?v=HdmC... #markets

The Global Interdependence Center invites you to join them in Paris for GIC’s conference in partnership with the Banque de France, May 6-8, 2026. Keynote remarks will be given by François Villeroy de Galhau, the Governor of the Banque de France. www.interdependence.org/product/cent...

Measles: South Carolina’s outbreak is winding down, coming at a staggering cost: an estimated $35.5 million in response spending as of early March, plus significant school disruption, missed workdays, and caregiver burden. yourlocalepidemiologist.substack.com/p/a-bad-tick...

The IRGC leaders in charge of Iran represent the same murderous regime that has been in place since 1979. Its military capabilities are heavily damaged, and its nuclear program has suffered a setback of years. What trade-offs to consider where we stand now? dkotok.substack.com/p/trade-off-...

Blowing vaccine risks far out of proportion relative to vaccine benefits is one way vaccine skeptics erode trust in vaccines and whittle vaccination rates. The flip side of that coin is being less than forthright about the relative benefits vs. risks. dkotok.substack.com/p/the-coming...

The Coming RFK Jr. Health Recession Part 4 : RFK Jr.’s policies and appointments do economic damage while they increase sickness and raise mortality. Details follow. dkotok.substack.com/p/the-coming...

The scope of an oil shock is wider than most people realize. Explore Giacoma Prandelli’s list of impacted products here. dkotok.substack.com/p/iran-cease...

If you only focus on outcomes that we can see, would you prefer a wounded Iran with a likely diminished nuclear capability, at the temporary expense of the oil shock? Or would you instead prefer an Iran with undiminished nuclear capabilities? dkotok.substack.com/p/iran-cease...

Stocks From Liberation Day To Iran War Summary * Pres Trump’s address to the nation on Apr 1 precipitated an immediate & sizable market reaction, underscoring theme of volatility. * Tracking one year * Tools focusing on volatility metrics & “the Greeks” * Cont... seekingalpha.com/article/4889...

Stocks from Liberation Day to Iran War : We look at diverse stock charts for perspective about the market’s roller coaster ride of the last year. Where things go from here is an open question. And we recall “the Greeks.” dkotok.substack.com/p/stocks-fro...

Are you in New Jersey? Please join me at the Greater Vineland Chamber of Commerce Luncheon event, "Global Monetary Policy & the Price of Gold" on April 7th, 2026 www.vinelandchamber.org/events/detai...

Putin’s Russia is helping Iran wound and kill Americans. Can congress risk getting cozy with him for temporary gains? dkotok.substack.com/p/congresswo...

The stock market ended the first quarter on a high note the last day of March. “I call this a ‘Hormuz Hope’ rally,” said David Kotok, co-founder of Cumberland Advisors. “Market agents think this is a turning point.” (Paywall) www.wsj.com/finance/stoc...

This conference will confront the defining question of our monetary moment: whether US–China rivalry will reshape or shatter the dollar-driven order, and what a bifurcated system means for sovereign borrowers, central banks, and the future of int'l finance. www.interdependence.org/product/44th...

Is the Iran War just the sort of rainy day that justify drawing upon sovereign wealth funds (SWFs)? I thought about the pros and cons of this and then sought out my longtime friend, SWF veteran Paul O’Brien, former CIO at the Abu Dhabi Investment Authority. dkotok.substack.com/p/hormuz-and...

Watch the latest Cumberland Advisors "Week in Review" here: www.youtube.com/@CumberlandA...

US-China Rivalry and the Future of Global Monetary Leadership | Global Interdependence Center www.interdependence.org/product/44th...

According to a March 25th JINSA report, the two negotiating positions for the US and for Iran as of March 25 are miles apart. dkotok.substack.com/p/war-and-pa... #IranWar #Hormuz

Kotok Report Quick Take - Middle East War with Iran: It’s also a Religious War A religious context is suggested. 3 minute YouTube explains. www.youtube.com/shorts/YnWZK...

An economy and its financial market function best when market agents are not sick. While an economy can be spurred in the short term by subduing fear, it cannot be fully restored as long as pandemic-caused disease, death, and disability erode human health and productivity. www.thefedandtheflu.com

Amid the ongoing barrage of new developments, let’s take a moment to consider the war’s impact on Kurdistan. We are watching the buildup in the Kurdish areas. A fragmented Iran offers the Kurds options. dkotok.substack.com/p/the-iran-w...

Trump now confronts his version of the 1962 Cuban Missile Crisis with a face-to-face standoff with Russia. A new, tense chapter may be about to be opened. The crisis bears reviewing now. dkotok.substack.com/p/cuba-cigar...

Since January, without Venezuelan oil, the situation on the island has grown even more dire — even life-threatening. People chop wood or burn charcoal to cook what food they can procure over fires, and they must wait for a bit of gasoline for months. dkotok.substack.com/p/cuba-cigar...

We're setting new "Hottest Day on Record" events around the country. Is America's Climate Mitigation Policy Dead? dkotok.substack.com/p/is-america... Subscribe for free to receive new posts in your email inbox and support my work.

"Spike In Oil Prices Boil" - The Cumberland Advisors Week in Review dated Mar 20, 2026 is now available. www.youtube.com/watch?v=91sE...

Thursday, a reporting station west of Martinez Lake, Arizona, recorded a high of 110 degrees. This heat wave could set records for any March day in over 140 cities. See, "Is America's Climate Mitigation Policy Dead?" dkotok.substack.com/p/is-america...

The Global Interdependence Center announced that Bill Dudley, Ph.D., will receive the GIC 50th Anniversary Alexander Hamilton Leadership Award at their 50th Anniversary Gala in Philadelphia. Information is at the GIC website: www.interdependence.org/product/50th...

Most commentary focuses on barrels and immediate damage. The deeper risk is temporal asymmetry in the global energy architecture. dkotok.substack.com/p/stagflatio...

People. This is really great. www.youtube.com/watch?v=FUBV...

Brazil central bank kicks off easing with cautious 25-bp cut after oil shock reut.rs/4uVnZmT

Note that GDP driven by the AI hyperscalers’ buildout has added to the current US economic growth rate. And now there are concerns about the borrowing undertaken, and those concerns land on top of concerns about private credit. Note: Credit spreads are widening! dkotok.substack.com/p/stagflatio...

If you look at the American K-shaped economy through a payroll data lens, the Hormuz closure oil price shock hits an already weakening US economy. The latest QCEW data is confirmation. Essentially, there is no job growth; healthcare employment is the exception. dkotok.substack.com/p/stagflatio...

Bipartisan wins like Reagan's Montreal Protocol saved us from worse #ozone disasters—preventing millions of cancers. Trump's team threatens that legacy via Kigali pullout. All amid Iran War chaos. My take available here: dkotok.substack.com/p/is-america... #Sustainability #GlobalWarming

Kathleen Hays at Central Bank Central Talks with Loretta Mester, Former Cleveland Fed President Mester stresses need for Fed to prioritize inflation containment amidst current forces, urges Fed to learn lessons from policy mistakes made during episodes of shocks. www.youtube.com/watch?v=LpyC...

The American military establishment has long understood the risk of sickness & disease. History tells us that General Washington inoculated troops in the Continental Army against smallpox during the American Revolutionary War. Smallpox was more dangerous than British troops. www.thefedandtheflu.com

Heat domes in March, hottest years on record... and now policy rollbacks that could make it worse? From invalidating GHG mandates to halting coal updates, the economic ripples are huge. Project 2025's extremism in play. Let's talk repercussions: dkotok.substack.com/p/is-america... #Environment

Is U.S. #climate policy on life support? Trump's reversal scraps emission rules, attacks renewables, and eyes ditching the Montreal Protocol. HFCs alone could add massive warming if unchecked #Ozone recovery at risk. My scars from ozone burns say: Full read:

The Mar 13, 2026 Cumberland Advisors’ Week in Review update on market conditions, equities & bonds is available: www.youtube.com/watch?v=tg1X...

Though I will not predict the unpredictable, I can suggest clues for investors. dkotok.substack.com/p/widening-m... #IranWar #Oil #Investing

"Wall Street Trading with Bloomberg Day is made possible thanks to generous donations from Cumberland Advisers, David Kotok, and Steve Drelich. Kotok & Cumberland provided the support that led to the creation of lab at USF Sarasota-Manatee in March 2017"

RFK Jr.’s change to the childhood vaccination schedule back in Sept 2025, along with vaccine skepticism, means that vaccine-preventable infectious diseases are set for a resurgence. Sen. Bill Cassidy (R-La.), who is a medical doctor, weighs in: dkotok.substack.com/p/the-coming... #PublicHealth

(1/) Health-related recessions are precipitated when people who might otherwise work are sick or disabled or dead & therefore not working (or working less). Illness-related absences disrupt business & whittle productivity. Lower earning & higher healthcare expenses translate to less discretionary

The latest Cumberland Advisors’ Week in Review, an update on market conditions, equities & bonds with Matt C. McAleer, President of Private Wealth, and John R. Mousseau, Chief Investment Officer. www.youtube.com/watch?v=BqNV... #markets

Gold traders spend a lot of time arguing about the usual suspects. Inflation. Real rates. Central bank buying. Jewelry demand. Chinese retail flows. David Kotok decided to ignore all of them. What he found is unexpected. substack.com/home/post/p-...

Middle East War: Quick Take 1: As events rapidly unfold, I’ve been consulting experts and reading analyses. See my recommended reads you don’t want to miss, to add to mainstream news coverage. dkotok.substack.com/p/middle-eas...

Middle East War: Quick Take 1 A war that includes existential risks is underway in the Middle East. In understanding the conflict the US and Israel have taken on, note that Iran is the head of the snake — a cooperative of bad actors in the Middle East. dkotok.substack.com/p/middle-eas...

Market Correction or a Reallocation? The debate among market agents and observers is whether the AI boom and hyperscale build-out are too extended and whether the rotation of their capital investment into using borrowed money (debt) is a sign of trouble ahead. dkotok.substack.com/p/is-it-a-ma...

Help Save an Accredited University from a Political Attack FL Gov DeSantis is trying to take the USF Sarasota-Manatee campus and transfer it to New College. IMO, this would be a disaster for the Sarasota-Manatee community and the state. dkotok.substack.com/p/help-save-...