The market volatility that has come to define the start of 2022 persisted through April and left many investors feeling anxious. Policymakers – and investors – were focused on rising prices and efforts to contain them coming into this year. Unfortunately, that inflation continued last month, largely driven by dual pressures playing out on a | Read More +
Our Thinking
Sage Insights: Interest Rate Hikes, Inflation, War, and Our Investment Perspective
Unsurprisingly, March was a choppy month for the financial markets. Stocks rebounded from the sharp sell-off we noted in February that carried over into the first part of the month, while commodity prices jumped around unpredictably, and bond prices declined due to precipitously higher interest rates. Looking forward, we see a reason to be optimistic. | Read More +
Sage Recognized For Commitment To Clients
We are thrilled to share that Sage has been recognized as one of the top financial advisors in the country by Barron’s for the 9th consecutive year and one of the top money managers in the region by the Philadelphia Business Journal for the 11th consecutive year! These honors reflect our unwavering commitment to our | Read More +
Insights: Russian Invasion of Ukraine, Navigating Volatility, and An Upcoming Change In Federal Reserve Policy
February was an uneasy month for financial markets, primarily because Russia invaded Ukraine. But even though equity markets have fluctuated sharply in 2022, we remain encouraged by the strong economic backdrop supporting the expected increase of interest rates in March. As a result, we continue to think companies should have a positive environment for continued | Read More +
Insights: Federal Reserve Tightening, Corporate Earnings, and Russian-Ukraine Tensions
January was a difficult month for financial markets, caused primarily by expectations of tighter monetary policy by the Federal Reserve and a soft start to corporate earnings season. The Russia-Ukraine tensions provided an additional source of uncertainty for markets. While we observed some recent downside in equity markets, we remain encouraged by the strong economic | Read More +
Our Perspective: Recent Stock Market Volatility
In the interest of keeping you informed of Sage’s thoughts regarding the recent volatility in the stock market, we are providing you with an update on our perspective. What has happened? It has been a volatile start for stock markets in the first month of 2022. Last year was an abnormally calm year for U.S. | Read More +
Sage 2022 Annual Letter
2021 was another unusual and sometimes challenging year. We alternated between feelings of relief and anxiety and moved through a series of monumental events, including the ongoing effects of the pandemic, extreme weather conditions, faults in many commercial supply chains, and global political changes. COVID continues to cast a shadow over us, especially as the | Read More +
Sage 2022 Investment Outlook
Introduction: 2021, A Year of Strong Performance Through Uncertainty Stock markets generated strong returns in 2021, while the performance of bonds was mediocre. Following the 2020 U.S. elections, many investors expected higher taxes and a difficult environment for corporations. Instead, corporations registered staggering profit growth, navigating through choppy markets fraught with pandemic-related economic issues (e.g., | Read More +
Insights: Market Volatility in November, Omicron, and Tapering
In November, stocks moved lower, and bonds provided a positive return as market participants responded to the uncertainty around the Omicron variant of COVID and the Federal Reserve’s statements that it may speed up tapering in response to inflation and strong employment. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international | Read More +
Insights: A Strong Start to the Fourth Quarter and A Close Look at Inflation
In October, stocks started the fourth quarter on a strong note, while bonds retreated modestly as market participants positioned portfolios for the final months of 2021. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), advanced by 5.10% in October, the U.S. large-cap Russell 1000 Index rose 6.94%, the U.S. | Read More +
