“While we’ve been impressed and, quite frankly, surprised by the resilience of the U.S. economy, an economic slowdown remains a key risk in our view particularly considering continuing inflationary pressures and growing uncertainty on the geopolitical front.”

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 Q4 2023, focusing on these areas:

• Higher earnings quality, stronger balance sheets, and lower volatility as drivers for fourth quarter small cap stock performance
• Primary contributors and detractors to small cap quality value strategy performance
• A review of the economic backdrop and portfolio positioning 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.