Our Thinking

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 +

Sage Insights: Market Observations As Summer Ends

Most major asset classes posted positive returns during the year’s first seven months, and investors enjoyed a respite. This momentum eased, however, in August as higher interest rates prompted concerns about the economy’s health. In this edition of Insights, we take a closer look at recent market performance and discuss the concerns in the market, | Read More +

Sage Insights: A Mid-Summer Look at the Markets, Inflation & Earnings Season

July was a continuation of the markets’ positive trajectory during the first half of the year. Financial markets extended their 2023 ascent last month, supported by inflation easing to the slowest year-over-year rate in more than two years. While the Federal Reserve raised rates to the highest level in 22 years, strong consumer confidence and | Read More +