From Inflation to Recession Fears – An Opportunity in Core Fixed Income
December 15, 2022 — The Consumer Price Index (CPI) reading for November surprised to the downside for the second consecutive month, leading to the notion that inflation has peaked and shifting investors’ concerns to the potential for an economic slowdown. In light of this data, the FOMC carried on with the expected 50 basis point hike in the federal funds rate while signaling further hikes “until the job is done.” In this edition, we review recent developments in inflation, growth, and policy, as well as what investors can expect to start 2023.
Lower Inflation – It’s Been a Long Time Coming
November 11, 2022 -- Yesterday’s CPI print was up less than expected, meaning inflation is starting to show subtle signs of slowing. We still need to see other signs that . . .
Fixed Income Perspectives — November 2022
November 11, 2022 -- In this presentation, Sage answers the 4 big questions (outlook for macroeconomic growth, Fed policy, valuations, and investor sentiment) and . . .
Fixed Income Outlook: Rates, Inflation & Recession Risk
In this quarterly market review and outlook, Sage’s Michael Walton and Thomas Urano discuss inflation, the Fed’s policy response, and fixed income portfolio positioning. Michael. . . .