Matrix Asset Management’s Q2 2026 Investor Letter

Matrix Asset Advisors, an asset management company, released its Q2 2026 investor letter. The stock market rebounded strongly in the second quarter, with the S&P 500 gaining 15.2% in the quarter and 10.2% year-to-date. Investors overlooked inflation concerns exceeding 4% and geopolitical tensions, focusing instead on robust corporate earnings, AI-driven growth, easing energy prices, and a stable economy. In the second quarter, the Large Cap Value portfolio rose in the mid-teens, in line with the S&P 500 and slightly ahead of the Russell 1000 Value Index. Key contributors included...