“We came into the quarter with expectations of weaker earnings growth driven by tariff-induced inflation and interest rates staying higher for longer as a result. With the impact from tariffs relatively muted so far, earnings growth has generally exceeded expectations.”
Each quarter, Julie Kutasov, Portfolio Manager and Senior Research Analyst provides an update on the performance of the Small Cap Quality Value strategy and shares her market outlook. Listen to her most recent episode where Julie recaps market activity during 3Q 2025, focusing on these areas:
- The drivers behind investor optimism
- Primary contributors and detractors to the Small Cap Quality Value strategy
- Economic sensitivity of small- and medium-sized companies
For more insights, read our 3Q 2025 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.