Small Cap Value:
Q2 2026 Commentary
Q2 2026 Commentary
Equity markets reached new highs in the second quarter, driven by strong momentum in technology and AI-related sectors, though leadership remained narrow and valuation concerns persisted. In this commentary, the Easterly Snow team discusses the implications of concentrated market performance, emerging risks such as potential “growth traps,” and their continued focus on disciplined, bottom-up stock selection within small-cap value equities.