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 +
Our Thinking
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 +
Sage Insights: Getting Back on Track in 2023
Late last year, when we sat down to write the Sage 2023 Investment Outlook, we reflected on a year that tested investors’ resilience, patience, and focus. At that time, we anticipated that financial market conditions would normalize in 2023, albeit against a harsher economic backdrop. Indeed, in the first half of this year, we have | Read More +
Sage Insights: Take It To the Limit
Negotiators from both political parties pushed debt ceiling brinkmanship to the limit yet again. This topic seems to emerge every few years, and this year raised the possibility that the U.S. could default on its outstanding debt. Fortunately, a resolution was agreed upon over the long Memorial Day weekend to raise the U.S. debt limit | Read More +
Our Perspective: The 2023 Debt Limit Deadline
As we head into the long weekend, we want to share our thoughts on the ongoing debt ceiling tension and put the developments into a broader perspective. We understand the potential concerns and uncertainty the situation may raise and hope we can provide some clarity and guidance. The Current Debt Limit Situation We began to | Read More +
Sage Insights: Taking Stock of Today’s Climate
In April, markets continued their strong start to 2023, supported by solid corporate earnings, key macroeconomic data, and the ongoing resolution of several failed banking institutions. While there were a few exceptions, overall, the markets performed well. April is one of the few months when the Federal Open Market Committee (FOMC) does not convene to | Read More +
Sage Insights: March Madness in the Banking Sector
The month of March began with investors anticipating substantial policy actions from the Federal Reserve due to its increased focus on inflation. However, this swiftly changed as U.S. and global regulators stepped in to provide stabilizing intervention at five banks. Looking toward April, while risks remain, we are cautiously optimistic regarding the actions by regulators | Read More +
Sage Recognized for Exceptional Client Service
We are thrilled to share that Sage has been recognized as one of the top financial advisors in the country in 2022 by Barron’s (3/10/2023) for the 10th consecutive year (and one of the top money managers in the region by the Philadelphia Business Journal (3/16/2023) for the 12th consecutive year! These honors reflect our | Read More +
Our Perspective: An Update On The Banking Industry and Interest Rates
Dramatic news headlines can be unsettling, and we have seen our fair share this week. So as we head into the weekend, we want to follow up on the communication we sent Monday about the state of the banking industry and what it means for markets, the economy, and your investment portfolio. We hope this | Read More +
Our Perspective: Current Thoughts On The Banking Industry
Uncertainty has increased over the past week regarding the health of the U.S. banking industry, given the takeover by U.S. regulators of Silicon Valley Bank and Signature Bank. We want to share our latest perspective. This situation remains fluid as regulators, and government officials are closely working with the private and public sectors to provide | Read More +
