Tactical ETF Portfolio Shift Commentary 10/29/2019
Within our fixed income allocation, we reduced our longer-dated Treasury exposure because we believe the flattening trend of the yield curve is effectively over as the Fed and other central banks continue to cut rates and ease policy. Within our equity allocation, we are reducing exposure to two sectors (REITS and Technology) that have had strong relative performance the last several months and are moving toward value-oriented equities that have underperformed but look poised to outperform through the end of the year.
Asset Allocation Perspectives October 2019
This presentation outlines the macroeconomic landscape, monetary policy outlook, relative valuations, and how Sage is positioned in the current environment.
Fixed Income Perspectives October 2019
This presentation provides insight into our fixed income outlook and illustrates how Sage is positioned in the current environment.
Tactical Investment Strategy October 2019
Our macro outlook going into the final quarter is one of increasing caution; given the breadth of the global slowdown, more limited policy space, and higher levels of . . .