January 26, 2024By Jon K. Christensen, CFA

Small Caps Recover in 2023

Small Cap Core 4Q2023 Update | KayneCast 242

“One of the drivers of the so-called “Santa Claus” rally was the indication by the Fed that interest rate increases could be behind – thus seemingly ushering in eventual rate cuts.”

Each quarter, Jon Christensen, Portfolio Manager and Senior Research Analyst provides an update on the performance of the Small Cap Core strategy and shares his market outlook.  Listen to his most recent episode where Jon recaps market activity during Q4 2023, with a particular focus on:

  • Fundamental and sector drivers of the market
  • Primary contributors and detractors to the Small Cap Core strategy performance
  • Causes of uncertainty in market entry points for 2024

For more insights, read our Q4 2023 Commentary or subscribe to KayneCast where we provide the latest updates from the KAR Investment Team on our investment strategies.

KayneCast is available on Apple Podcasts and Spotify.

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.