The David Lin Report · Thursday, July 2, 2026
Chris Galipeau, Head Market Strategist at Franklin Templeton, discusses a shift in the market where small and mid-cap stocks are outperforming large-cap stocks. This trend, ongoing for about a year and a half, is attributed to broadening earnings power across the US economy.
“Market's broad Market's strong Yeah mid caps have been catching up to uh the large caps this year”
“It's been the play for a year and a half uh we we got on that train published a paper in January of 25 and that was really the call”
“The call was look we think the stock market's going to broaden in the United States because earnings power is beginning to broaden”