Rapidly evolving tariff developments were a significant source of volatility in financial markets again this past week. Both enacted tariff rates and shifting perceptions of the United States’ trade policy goals contributed to sharp market swings up and down. Here is a summary of last week’s key developments: Saturday, April 5: A universal tariff of 10% | Read More +
Our Thinking
Our Perspective: The Recent Tariff Announcements
This past Wednesday, the U.S. unveiled a new policy framework based on “reciprocal tariffs.” These new measures are generating fresh uncertainty for global commerce and significant volatility for the financial markets. We want to offer our perspective on the current situation and our clients’ portfolios. What Happened? For most of this year, investors, including Sage, | Read More +
Sage Insights: The First Quarter Comes to an End
As March closed out the first quarter of 2025, markets were responding to mixed signals. U.S. corporate earnings reports remained favorable, and broad economic data held steady. Yet, the fluidity of changing U.S. trade policy introduced uncertainty at home and abroad. In this edition of Insights, we examine three key areas that we believe are | Read More +
Sage Insights: Market Observations For February
Although February is the shortest month of the year, it was no less eventful as market participants digested corporate earnings, economic data, and the new administration’s trade-related announcements. In this edition of Insights, we examine key developments, including the impact of tariff announcements, fluctuations in the Treasury market, and the dispersion of stock performance leaders | Read More +
Sage Insights: Navigating Markets in the New Year
2025 began with no shortage of market-moving events, as the change in the White House brought uncertainty about how different leadership and economic policies could impact global markets. In this edition of Insights, we examine key recent developments, including the emergence of tariff-linked policies, the Federal Reserve’s decision to pause rate cuts, and competition among | Read More +
Sage 2024 Performance Review and 2025 Investment Outlook: Positioning for Opportunity in a Changing Landscape
2024 In Review: Climbing to New Heights We began 2024 buoyed by the momentum of 2023’s economic and market rebound but entered the year mindful of a complex and evolving global landscape. Key elections loomed across several major economies, central bankers geared up to pivot from two years of restrictive policies, and markets anticipated opportunities | Read More +
Sage Insights: Navigating Markets After the Election
November was a busy month, marked by the U.S. election and another rate cut from the Federal Reserve. In this edition of Insights, we’ll discuss how these events influenced market dynamics, shaping expectations for trade policy, economic growth, and cryptocurrency trends. As we look toward year-end and beyond, our focus remains on effective portfolio management | Read More +
Our Perspective: On the 2024 U.S. Elections
With the results of the U.S. presidential election announced and the congressional elections coming into more precise focus, we wanted to share our perspective on what these outcomes could mean for markets and your investment portfolio. Upfront, it is important to state that historically, equity markets have delivered positive returns on average, regardless of the | Read More +
Sage Insights: Navigating Key Market Developments
As we head into the final months of 2024, we are watching several key trends and topics that could shape financial markets in the near term. In this edition of Sage Insights, we’ll discuss three of them: the upcoming U.S. elections, the recent rise in U.S. Treasury yields, and the latest corporate earnings reports. Our | Read More +
Sage Insights: Implications of Falling Rates
September was a much-awaited month for investors as the Federal Open Market Committee (FOMC) made its highly anticipated decision to cut interest rates for the first time in over four years. The move, which followed unprecedented rate hikes in 2022 and 2023 designed to curb inflation, marks a key shift in U.S. monetary policy. As | Read More +
