Insights: U.S. Stocks Reach All-Time Highs Despite a Reset of Rate Expectations

February, with its extra day for the leap year, saw equity markets vault ahead. Earnings season was in full swing throughout the month, with more than 97% of U.S. companies reporting quarterly results. In aggregate, these companies exhibited healthy profit margin growth and pricing power, buoyed by robust U.S. economic activity. Despite a shared vigorous | Read More +



Sage 2024 Annual Letter

Last year brought a collective rebound for major economies and financial markets. There were unsettling moments and expectations of a domestic recession that caused uncertainty and short-term discomfort—but the year closed with a noteworthy financial markets rally in the fourth quarter, providing an uplifting finish. Investors entered 2023 still grappling with the aftermath of 2022, | Read More +



Our Perspective: The Recent Market Rally

As we approach the year’s final weeks, we want to share our thoughts on the current market landscape and recent positive developments. What Has Happened? In early November, optimism surfaced around the likelihood that central banks, including the U.S. Federal Reserve (Fed), were finally getting ready to end a historical period of interest rate increases. | Read More +