Our Thinking

Insights: The Markets, Fiscal Stimulus, and the November Elections

Market Update At the end of September, financial markets experienced a modest sell-off; since then, however, performance has been positive. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), has risen 3.2% to date in October, while the MSCI ACWI Ex-USA (international stocks) has increased by 2.8%. U.S. large cap | Read More +



Insights: Our Perspective on Events Impacting Investors September 12th

Market Update At the time of our last commentary in August, markets were on a steady upward trend. So far this month, however, we have seen a modest — albeit sharp — sell-off in equity markets, particularly in technology stocks. Since September 1st, core U.S. bonds, as represented by the Bloomberg Barclays Aggregate U.S. Bond | Read More +



Insights: Our Perspective On Events Impacting Investors August 22nd

Market Update COVID-19 statistics, consumer spending, and improving trends in employment data drove positive equity gains for most indices since our last update. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), gained 1.6% over the past two weeks, while the MSCI ACWI Ex-USA (international stocks) gained 1.1%. U.S. large | Read More +



Sage Recognized by Barron’s and the Financial Times

In the early stages of the pandemic, our top priorities were the health and safety of our community, including family, colleagues, and clients.  Additionally, we were deeply focused on our ongoing responsibility and attention to managing the business and our clients’ portfolios. During that time we learned that Sage had been recognized by Barron’s as | Read More +



Insights: Our Perspective On Events Impacting Investors

Market Update U.S. manufacturing Purchasing Managers Index (PMI) data, progress on U.S. fiscal policy negotiations, modest easing in COVID hotspots, and a strong U.S. employment report drove positive equity gains this week. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), closed the week up 2.2%, while the MSCI ACWI | Read More +



Insights: The Markets This Week and The 2020 U.S. Elections

Market Update Markets were mixed this week as they digested an enormous amount of news that ranged from generally positive corporate earnings and plateauing COVID cases/hospitalizations in key U.S. hotspots, to second-quarter GDP data, to stalled fiscal stimulus negotiations, and an increase in continuing jobless claims.  The MSCI ACWI Index, which represents global equities (i.e., | Read More +



Insights: The Markets, Economic and Mobility Data, and Fiscal Stimulus

Market Update The markets finished the week largely unchanged, in a week that had generally positive Q2 earnings reports and an agreement on a fiscal stimulus package in the E.U. The MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), closed the week down 0.1%, while the MSCI ACWI Ex-USA (international stocks) | Read More +



Insights: The Markets, COVID-19, and Additional Federal Stimulus

Market Update Core U.S. bonds on the Bloomberg Barclays U.S. Aggregate Bond Index closed the week slightly higher, up 0.2%. Equity markets also drifted higher, with the MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), finishing up 2.0%, and the S&P 500 finishing up 1.8%. International stocks had a similar showing, as the | Read More +



Insights: The Markets, COVID-19, Federal Stimulus, and What It All Means for Investors

Market Update Equity markets marched higher this week, with the MSCI ACWI Index, which represents global equities (i.e., both U.S. and international stocks), finishing up 3.5%.  The S&P 500 finished up 4.0%, while the U.S. small cap Russell 2000 closed the week up 3.7%. International stocks had a strong week as well, as the MSCI | Read More +