There’s always a bull market somewhere episode artwork

EPISODE · May 8, 2026 · 38 MIN

There’s always a bull market somewhere

from The Rules of Investing · host Livewire Markets

While rate hikes, inflation, and budget uncertainty have dampened the spirits of many equity investors, one corner of the market is quietly thriving. The S&P Emerging Companies Index (XEC) has surged 35% over the past 12 months, proving that there is "always a bull market somewhere" if you know where to look. In this episode, Joel Fleming, Portfolio Manager of the UBS Micro Cap Fund, reveals why the most exciting opportunities often lie in the market’s least efficient spaces.

Episode metadata supplied by the publisher feed · Published May 8, 2026

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There’s always a bull market somewhere

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