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

The yield curve is no longer inverted, but the 10-year minus 2-year spread has narrowed to 43 basis points as of May 2026. Lucas and Luna dig into what this flattening really means for the economy — and why it might be more worrying than a steep inversion. They look back at 2019 and 2007 for context, discuss the role of the 30-year Treasury at 5.10%, and ask whether bond traders are pricing in a p...

With the VIX falling to 16.70 and the Russell 2000 surging 3.4% in a week, Lucas and Luna unpack what this divergence means for investors. They explore whether small-cap outperformance is a genuine rotation or a head fake, and why the yield curve's flattening complicates the picture. Drawing on historical parallels and current data, they discuss the pressure on the Fed to adjust policy and how inv...

Lucas and Luna dig into a fascinating CNBC headline about Kevin Warsh, the former Fed governor, and what a 'real regime change inside Wall Street's plumbing' actually means. They explore how Warsh's potential influence could shift the Fed's approach to monetary policy, discount window operations, and repo markets. The hosts connect this to the current yield curve inversion (now 49 basis points bet...

Lucas and Luna examine the disconnect between solid GDP growth and elevated market uncertainty in May 2026. With the S&P 500 near 7,400 and the VIX still above 16, they discuss what the yield curve spread of 49 basis points means for investors, why the bond market is signaling caution, and how to position a portfolio when economic data looks good but market sentiment is mixed. A data-driven look a...

SpaceX isn't public yet, but this week major brokerages started offering retail investors direct access to the company's shares through pre-IPO placement programs. Lucas and Luna break down how the structures work, what the terms typically look like (lock-ups, fee layers, valuation floors), and whether this is a genuine democratization of private markets or a new way for platforms to earn placemen...

The yield curve has been a hot topic ever since it inverted back in 2022. But now that it has steepened sharply and the 10-year Treasury is yielding 4.67 percent, what is the bond market actually forecasting? Lucas and Luna dig into the mechanics of the curve, why the spread between the 10-year and the 2-year has widened to 53 basis points, and what that means for stocks, recession odds, and portf...

In the debut episode of The Bear Market Podcast, Lucas and Luna break down the May 19 market sell-off that has the S&P 500 at 7,355 and the VIX spiking to 18. They examine a stark warning from Bank of America: investors are flooding out of cash and into stocks, a pattern the bank calls 'bull capitulation' — historically a sell signal. Lucas explains why this metric matters, how it differs from ret...