Small Caps Are Quietly Beating the S&P 500 This Spring

The Russell 2000 is up 3.4 percent in the past five days while the S&P 500 has gained just 1 percent. Lucas and Luna drill into one specific driver: falling Treasury yields are rewiring the math for smaller domestic companies. With the ten-year yield dropping to 4.56 percent and the two-year at 4.26 percent, the yield curve is steepening in a way that historically favors small caps over mega-cap tech. They break down why the Russell's recent surge is different from the speculative rallies we saw in 2023 and 2024, and what it means for investors who have been waiting for a rotation that never quite stuck. Along the way they touch on consumer sentiment hitting a record low, the Fed staying pat at 3.6 percent, and whether this small-cap momentum has legs into the summer. No ticker-calling, no hot takes — just the mechanics behind the numbers. #Russell2000 #SmallCaps #SP500 #TreasuryYields #YieldCurve #FederalReserve #InterestRates #StockMarket #EconomicData #Investing #Rotation #ConsumerSentiment #Inflation #GDP #JobsReport #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo