Executive Summary As we enter 2026, we view markets as continuing to transition from a period defined by concentrated equity leadership and policy uncertainty toward a more balanced, potentially broader set of opportunities. 2025 delivered strong headline returns across global equities and fixed income, with returns of 22.3% and 8.2%, respectively. International equities outperformed U.S. | Read More +
Category: Our Thinking
Sage 2026 Annual Letter: The Client Experience
We are pleased to share our annual reflection on the Sage client experience. Much of what is discussed at the beginning of a new year naturally focuses on market conditions, economic forces, and the decisions those realities may require. This communication serves a different purpose. It is an opportunity to step back and reflect on | Read More +
Sage Insights: Market Resilience Despite Short-Term Uncertainty
In October, investors looked past Washington’s gridlock and focused on fundamentals. Markets rose as corporate earnings exceeded expectations, the U.S. Federal Reserve (Fed) rate-cutting cycle gained traction, and geopolitical tensions, including relations with China, eased. In short, resilient underlying growth outweighed headline uncertainty. In this edition of Insights, we explore three themes that shaped the | Read More +
Sage Named Among Top Financial Advisory Firms
We are pleased to share that two of the industry’s leading publications have once again recognized Sage. Barron’s has once again named Sage among the Top 1200 Financial Advisors in the United States for the 2024 calendar year (March 8, 2025). CNBC also recognized Sage as one of the Top 100 Financial Advisors in the | Read More +
Sage Insights: September Shakes Off History; New Heights
September is historically one of the weaker months for markets, yet this year it defied that pattern. Stocks pushed higher and bond prices rose after the Federal Reserve delivered its first rate cut in nine months. In this edition of Insights, we highlight three themes that shaped the month: Trade policy remains a risk, but | Read More +
Sage Insights: Markets Finish Summer Strong, Policy in Transition
August carried strong momentum across the markets, with both stocks and bonds moving higher. In this edition of Insights, we dive into three themes that stood out: Trade policy is shifting uncertainty to reality, with new agreements reshaping global supply chains and costs. The Federal Reserve is signaling a dovish tilt, reinforcing expectations for lower | Read More +
Sage Insights: Summer Momentum
In this edition of Insights, we explore two key themes shaping today’s investment landscape: Ongoing trade agreements are creating a new framework for the global economy. U.S. corporate earnings are exceeding initial expectations, despite economic policy uncertainty. Monthly Market Wrap The financial markets delivered mixed results in July. U.S. equities extended their upward trend, supported | Read More +
Navigating The New Tax Law
Congress recently passed sweeping tax provisions as part of the 2025 budget reconciliation bill —the One Big Beautiful Bill Act (OBBBA)—that extends many Tax Cuts and Jobs Act of 2017 (TCJA) provisions and introduces new rules that may affect your tax planning, giving strategies, and long-term goals. While not every provision will apply to every | Read More +
Sage Insights: A Tale of Two Quarters
The first half of 2025 delivered its share of twists and turns—marked by bouts of volatility, periods of resilience, and a strong recovery. Investors navigated a challenging mix of geopolitical tensions, persistent inflation concerns, and a notable shift in market leadership. Following a sharp early spring decline driven by proposed tariffs, a powerful relief rally | Read More +
Sage Insights: Market Observations in May
May brought renewed optimism, with mostly positive developments in financial markets and the broader economy, driven by easing trade tensions and encouraging economic data. While structural concerns—such as U.S. fiscal sustainability, international tensions, and evolving interest rate dynamics—remain in focus, markets generally responded favorably to signs of stabilization, including tariff de-escalation, stable employment numbers, cooling | Read More +
