The Bear Market Podcast with Fexingo: Surviving Downturns, Buying the Dip, and Long-Term Resilience

On this episode of The Bear Market Podcast, Lucas and Luna explore the emerging market for AI computing power as a tradeable commodity. With the VIX dropping 26 percent in five days and markets hitting new highs, they discuss whether compute capacity could become the next oil — a scarce resource traded on exchanges. They dig into the recent CNBC headline about efforts to commoditize AI compute, th...

Episode 56 of The Bear Market Podcast: The VIX just dropped 28% in five days—from 22 to below 16. Lucas and Luna unpack what this collapse actually means, why it's different from the post-COVID calm, and how the VVIX plunging to 87 supports the case for a structural shift, not just another false dawn. They look at the Treasury curve still disinverted at 40 basis points, GDP growth crawling back to...

The Russell 2000 has surged 2.7 percent in the past five days while the S&P 500 and Nasdaq have barely budged. Lucas and Luna unpack what's driving the small-cap rally — falling volatility, a steepening yield curve, and a rotation away from mega-cap tech — and what history says about whether this run has legs. They look at the VIX dropping to 16.2, the VVIX at 87.6, and the 10-year Treasury yield...

On today's Bear Market Podcast, Lucas and Luna dig into Ron Baron's $1 billion SpaceX IPO purchase and his total $25 billion stake. They explore what this means for retail investors, how Baron's long-term conviction contrasts with typical IPO hype, and why this trade matters for portfolio strategy. With markets up across the board—the S&P at 7,569, the Nasdaq at 26,636, and the VIX down to 16—they...

The Russell 2000 is up 3.1% in the past week while the Nasdaq is flat and the S&P 500 barely budges. Lucas and Luna break down the rotation from mega-cap tech into small caps, what's driving it—falling two-year yields, a steepening yield curve, and value rediscovery—and whether this time the small-cap surge has legs. They discuss historical analogies, the risk of a bear-market rally in small caps,...

In this episode of The Bear Market Podcast, Lucas and Luna dig into a striking market divergence that's been unfolding in recent weeks: the Russell 2000 small-cap index is up over 3% in five days while the Nasdaq has barely budged. They explore what this rotation says about investor sentiment, interest rates, and the broader economic outlook. Drawing on real GDP growth of 1.6%, a flattening yield...

The Russell 2000 is up 3.1 percent in the last five days while the Nasdaq has slipped 0.2 percent. Lucas and Luna unpack what's driving this rotation into small-cap stocks in mid-June 2026. They look at the yield curve now positively sloped at 39 basis points, the VIX dropping to 17.68, and how real GDP growth of 1.6 percent is supporting domestically focused companies. The hosts discuss whether t...

The Russell 2000 is up 3.1% in the past week while the Nasdaq has slipped 0.2%. Lucas and Luna dig into what's driving this small-cap outperformance — falling Treasury yields, the yield curve uninversion, and a shift away from mega-cap tech. They discuss whether this is a genuine rotation or just a temporary relief rally, and what it means for portfolio positioning in June 2026. Plus, a look at th...

Lucas and Luna break down the surprising divergence between the Nasdaq-100 and the Russell 2000, using live data from June 13, 2026. The S&P 500 is up 0.3% over five days, the Dow is up 0.8%, and the Russell 2000 has surged 3.1% while the Nasdaq has slipped 0.2%. Lucas explains why small-cap stocks are rallying—falling Treasury yields, the yield curve uninversion, and a rotation out of mega-cap te...

In this episode of The Bear Market Podcast, Lucas and Luna unpack the SpaceX IPO's retail allocation — currently in the low 20% range — and what that signals for ordinary investors. They explore why institutions dominate these high-profile listings, how the S&P 500's indirect exposure via index funds already prices in SpaceX's value, and what the $2 trillion-plus market cap implies for long-term r...

SpaceX is preparing for its record-setting IPO, with a market cap expected to exceed $2 trillion. In this episode, Lucas and Luna break down what the IPO means for everyday investors—from the retail allocation being cut to the low 20% range to the implications for those who missed the early-stage ride. They look at the history of big tech IPOs, the risks of buying at the top, and how to think abou...

Episode 46 of The Bear Market Podcast dives into the recent yield curve uninversion and what it historically signals for markets. As of June 12, 2026, the 10-year Treasury yield sits at 4.55%, the 2-year at 4.13%, and the spread has widened to 40 basis points. Lucas and Luna break down why this shift from an inverted curve to a steeper one often precedes recessions, how it's playing out differentl...

Episode 45 of The Bear Market Podcast with Fexingo. Lucas and Luna drill into a quiet but significant market signal: the yield curve has been positively sloped for over a month after two years of inversion. As of June 11, 2026, the 10-year Treasury yield sits at 4.53, the 2-year at 4.13 — a spread of 40 basis points. Historically, every recession since the 1970s was preceded by a curve inversion,...

The Russell 2000 is down 2.3% in five days while the S&P 500 barely budges. Lucas and Luna dig into why this small-cap selloff matters more than headline numbers suggest. They look at the yield curve steepening to 42 basis points, the VIX jumping 44% to 22.22, and what history says about a market where large caps hide small-cap pain. The hosts walk through how small caps behave differently when th...

The Nasdaq is down 5.6% in five days and the VIX has spiked to 21.7, but the Russell 2000 is barely off its highs. Lucas and Luna dig into why small-cap stocks are diverging from the broader market — and what that means for investors. They examine the data on June 10, 2026: the Russell 2000 is down only 2.6% while the Nasdaq has plunged. Is this a rotation into value, or a warning that the selloff...

The S&P 500 sits at 7,387, the Nasdaq at 25,679, and the VIX has jumped 23.7% in five days to 19.87. But Lucas and Luna dig into a quieter signal: the Russell 2000 is down 1.3% in the same window, while the Dow is essentially flat. They explore what a weakening small-cap index means for portfolio construction in June 2026 — revisiting the hidden divergence that preceded past corrections. With the...

The Nasdaq has dropped 6.6 percent in five days while the S&P 500 is down 3.8 percent — a divergence that tells a specific story about what's driving this selloff. Lucas and Luna break down why the tech-heavy index is getting hit harder, what that says about sector concentration and the Fed's next move, and why the gap between the VIX at 21.57 and the VVIX near 100 signals options market anxiety t...

With the 10-year Treasury yield hitting 4.55 percent on June 5, 2026—up from 4.47 the week before—Lucas and Luna break down what this move means for stocks, bonds, and your portfolio. They explain why the yield's rise is compressing equity valuations, making growth stocks like those in the Nasdaq particularly vulnerable (the index is down 4.3 percent in five days). They also discuss how the steepe...

Lucas and Luna examine the VIX futures curve in June 2026, where the front-month VIX at 18.54 sits below longer-dated contracts—a classic contango. But with the VIX up 17.6% in a week and the Nasdaq down 3.7%, they explore what the term structure signals about market timing. Lucas explains how backwardation in 2020 and 2022 predicted sharp rebounds, while today's persistent contango suggests inves...

With the VIX jumping 34% in a week to 21.51 and the VVIX at 102, Lucas and Luna break down why the gap between these two volatility measures matters more than the raw numbers. They explain what the VVIX reveals about tail-risk hedging, why the options market is pricing in a bigger move than the spot VIX suggests, and how this divergence historically signals either a snap-back or a crash. Using rea...

The Nasdaq is down more than 5 percent in a week and the VIX is spiking above 21. But this sell-off looks different from past corrections because the index is more concentrated than ever. Lucas and Luna examine whether buying the dip still works when five megacap stocks dominate the index. They look at the divergence between the Dow and Nasdaq, the VIX jump that isn't as scary as it seems, and wha...

The Nasdaq composite fell 5.1% in the past five trading days through June 7, 2026, while the S&P 500 dropped 2.8% and the Russell 2000 slid 2.5%. Lucas and Luna cut through the headline noise to look at what actually happens after similar five-day drops since 1990. They examine the VIX spike to 21.5, the sector rotation pattern, and why this correction feels different from the orderly pullbacks of...

Episode 35 of The Bear Market Podcast examines why the S&P 500's concentration in its top ten stocks — now over 35% — makes traditional index diversification less effective than most investors assume. Lucas and Luna walk through the math: the index's Herfindahl-Hirschman Index has doubled since 2020, and the five-day Nasdaq drop of 5.1% versus the Dow's 0.4% shows how mega-cap weight distorts retu...

The Nasdaq has dropped more than 5 percent in a week, entering correction territory while the Dow barely budged. Lucas and Luna unpack what's really driving the sell-off — and why a rotation out of mega-cap tech into value and small-caps might actually be a healthy sign for the broader market. They look at the VIX spike to 21.5, the VVIX sitting at 102, and what the yield curve flattening tells us...

China is aggressively poaching AI talent from the U.S. to build the next super-app—a unified platform combining messaging, payments, e-commerce, and AI services. In this episode, Lucas and Luna examine the competitive dynamics, referencing a recent CNBC report on talent poaching and the Ark Invest claim that Starlink alone could support a $2 trillion valuation for SpaceX at IPO. They explore how t...