Quarterly Stock Market Commentary for Q4 2024

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Every quarter, our portfolio managers and research analysts provide in-depth analysis and insightful stock market commentary, analyzing performance, and discussing the latest trends and behaviors impacting the market.

At KAR, we offer high-conviction investment strategies focusing on quality businesses within the small cap, mid cap, large cap, and international asset classes.

In our Q4 2024 discussion roundup, you’ll find individual recaps of several of our actively managed strategies, all recorded in our podcast, KayneCast. By subscribing to KayneCast, you’ll be automatically notified when future updates become available, ensuring you’ll always stay informed and up to date on our investment strategies.

You can read the full Q4 2024 market review or revisit our past quarterly market review podcast episodes:

To learn more about KAR’s investment management services, contact our team today.

Q4 2024 Stock Market Recap

In our 4Q 2024 podcast, Julie Biel, Chief Market Strategist, offers her perspective on the underlying forces driving the market. Julie speaks on improved business confidence following the US Presidential election and further broadening out of the market. Julie also shares her earnings outlook for small caps in 2025 and her thoughts on the remaining uncertainty about the timing of a recovery in earnings, as a recovery in small caps has been predicted for several quarters but has yet to materialize.

KAR Contributors: Julie Biel, Ben Falcone

Listen to the full discussion in episode 276 of KayneCast or read the complete Q4 2024 Market Review Summary.

Q4 2024 Strategy Review

Episode 271: Will Animal Spirits Drive the Market?
KAR Mid Cap Growth
Contributors: Chris Armbruster, Ben Falcone

Episode 272: Are We Paying Too Much?
KAR Small Cap Quality Value Core
Contributors: Julie Kutasov, Ben Falcone

Episode 273: A Varied Landscape
KAR Small Mid Cap Core
Contributors: Julie Kutasov, Ben Falcone

Episode 274: Turning on a Dime, or Rather Two Quarter-Points
KAR Global Dividend Yield
Contributors: Richard Sherry, Ben Falcone

Episode 275: The Cost of Confidence
KAR International Small Cap
Contributors: Craig Thrasher, Ben Falcone

Episode 277: Tempered Optimism
KAR Mid Cap Core
Contributors: Jon Christensen, Ben Falcone

Episode 278: Embracing the Road Ahead
KAR Small Cap Core
Contributors: Jon Christensen, Ben Falcone

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KARCast is the official podcast series of KAR. This material is provided as a matter of general information and is not intended to be relied upon as a forecast or research. The opinions expressed herein are those of the speakers and are not necessarily the opinions of KAR or its affiliates, are current as of the date and time of the recording, and are subject to change at any time due to changes in market or economic conditions. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by KAR to be reliable and are not necessarily all inclusive. KAR does not guarantee the accuracy or completeness of this information. Any securities included in this podcast are based on objective, non-performance based criteria and such mentions should not be considered a recommendation to purchase or sell the securities mentioned. This podcast should not be construed as an offer or solicitation to purchase or sell any security. KAR’s strategies may not be suitable or appropriate for all investors depending on their specific investment objectives and financial situation. Potential investors should always consult with their own financial professional before determining whether to invest in a particular investment or investment strategy. Reliance upon information in this material is at the sole discretion of the listener. To the extent any performance is discussed, past performance is not indicative of future results.