Why Fed Hold Is Reshaping Bull Market Leadership in June 2026

The Federal Reserve held rates steady on June 17, and Chairman Kevin Warsh removed any language about future cuts. Lucas and Luna break down why this hawkish hold is causing a subtle rotation within the bull market — with the Dow gaining 1.3% in the last five days while the Russell 2000 slipped 0.1%. They dig into how sectors tied to lower rates, like small caps and high-growth tech, are losing momentum, while more defensive value plays are picking up. Lucas points to the interest on reserve balances staying at 3.65% and the Fed funds rate at 3.63% as signals that cheap money isn't coming back soon. The conversation also explores what Warsh's silence on forward guidance means for traders and long-term investors alike. If you've been wondering whether this bull market is broadening out or narrowing in, this episode gives you a clear lens to watch the next few weeks. #Fed #KevinWarsh #InterestRates #BullMarket #MarketRotation #DowJones #Russell2000 #GrowthStocks #ValueStocks #FedHold #MonetaryPolicy #June2026 #Finance #Investing #SmallCaps #FexingoBusiness #BusinessPodcast #BullMarketConversations Keep every episode free: buymeacoffee.com/fexingo