Tactical Investment Strategy, November 2021
November 1, 2021 — In Q4 we expect the economic recovery to continue as the Delta variant’s initial impact on data fades, but for the overall growth trend to moderate. Several macro variables will continue to complicate the outlook for investors, including concerns regarding China’s slowdown and credit issues, upcoming policy withdrawal from the Fed, and fears of more persistent inflation pressures. Despite these risks, we expect the growth, earnings, and liquidity backdrop to support risk assets into year-end, and for favorable technicals and stable spreads to mitigate rate-related damage in fixed income. The primary risk to this view, which is key to both the growth and inflation outlook, will be how quickly supply chain disruptions ease.
Asset Allocation Perspectives, 4Q21 Outlook
October 27, 2021 -- The following presentation outlines the current economic conditions, policy response and valuations, as well as how Sage is positioned . . .
Tactical ETF Performance Commentary 3Q21
October 14, 2021 -- This one-page report details what contributed to and detracted from performance for the Sage Tactical ETF Strategies in the third quarter.
Sage Income ETF Performance Commentary 3Q21
October 14, 2021 -- This one-page report details what contributed to and detracted from performance for the Sage Income ETF Strategies in the third quarter.