“Even before tariffs were announced inflation remained elevated with prices of everything from groceries and restaurant meals to housing and insurance much higher than they were four years ago. U.S. consumers have generally proven resilient but certain segments (such as lower-income consumers) have been struggling.”
Each quarter, Julie Kutasov, Portfolio Manager and Senior Research Analyst provides an update on the performance of the Small-Mid Cap strategy and shares her market outlook. Listen to her most recent episode where Julie recaps market activity during 2Q 2025, focusing on:
- A risk-on environment favored lower-quality, higher-volatility benchmark names
- The primary contributors and detractors to Small-Mid cap strategy
- Strength across portfolio holdings, supported by solid balance sheets and durable self-funding ability, positioning them to better withstand inflationary pressures and economic uncertainty
For more insights, read our 2Q 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.
