VRA Investing Podcast: Market Shakeouts and FIFO Buy Opportunities - Kip Herriage - November 18, 2025

In today’s episode, Kip dives into the latest market action and what it means for savvy investors. Despite a choppy day for the markets, Kip highlights some promising signals beneath the surface, from surprising strength in small caps to resilient moves in gold miners and Bitcoin. He explains the unique market environment we’re experiencing where the major indexes may only dip modestly, but individual stocks face much steeper declines, creating what he calls an “internal bear market.” Kip shares insight into the theory swirling around liquidity issues, the ongoing battle between major political figures and the Federal Reserve, and how these short-term shakeouts fit into the bigger bull market picture.