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 Thinking
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 +
Sage Insights: Strong U.S. Economic Data and the Geopolitical Climate Stall Market Momentum
January’s market momentum failed to carry over into February as stocks and bonds relinquished some of the year’s gains. While investment returns remain positive overall, uncertainty surrounding the path of Federal Reserve policy and the geopolitical climate weighed on the markets. The economy continues to offer mixed signals in certain segments, and, as we shared | Read More +
Sage Insights: Central Banks Slow Hikes, Corporate America Kicks off Earnings Season, and Long-Term Perspectives on the Debt Ceiling
Financial markets started 2023 on a positive note as stocks and bonds both saw gains in January. It was a welcomed change as many investors hope to put 2022 firmly in the rearview mirror. As shared in our annual outlook, we forecast that 2023 will be a year of more normalized market conditions, albeit against | Read More +
Our Perspective: The Debt Ceiling Limit
As the U.S. government continues to debate the debt ceiling, we want to share our thoughts, provide some context on the current situation, and put the developments into a broader perspective. What has happened? Treasury Secretary Yellen sent a letter to Congress this past Friday (1/13/2023), informing members that the U.S. would hit the current | Read More +
Sage 2023 Annual Letter
Following three consecutive years of positive returns, 2022 was a challenging year for investors as portfolios struggled in the face of prolonged periods of market volatility, the decline of both stocks and bonds, unprecedented interest rate hikes, high inflation, anticipation of a recession, and geopolitical conflict. We are cautiously optimistic, based on our experience and | Read More +
Sage 2023 Investment Outlook
2022 in Review: A Year of Very Difficult Performance for Stocks and Bonds When we sat down to write our outlook for 2023, we first reflected on 2022 — a year that tested resilience, patience, and focus. After three consecutive years of positive returns, markets quickly changed direction in 2022. By March, we found ourselves | Read More +
Sage Insights: Markets Bounce as Economic Growth Slows and China Adjusts Its COVID Policy
In November, financial markets recovered some of the ground lost during the previous ten months. This was the second straight month of positive returns for equities, which is encouraging in a year with no shortage of challenges. At the same time, bond returns had their strongest single month of 2022 in November. As we look | Read More +
Sage Insights: Federal Reserve Rate Hikes Persist, Political Volatility in China, and Perspective on the Journey of Investing
October was a very strong, yet volatile, month for the equity markets driven by aggregate positive corporate earnings. Bonds prices declined modestly as interest rates continued to rise. For most investors, this widespread historic selloff has created bumps in their investment journeys, underscoring the value of custom investment plans. The unfortunate reality is that large | Read More +
