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Caleb Franzen wrote The Bear Market Playbook in Nov. 2025 to guide investors through challenging market conditions. He focused on preparing readers for the mindset needed to endure deep drawdowns and navigate bear markets.
Franzen notes that some investors are reading the playbook for the first time and are gaining significant value from its strategies and insights.
Franzen has previously detailed sudden market moves, reporting that Bitcoin jumped 30% at the onset of the Russia-Ukraine War before dropping 68%. He has also commented on currency markets, noting when the U.S. Dollar Index climbed past its 200-day average and approached key resistance. These earlier observations provide context for his guidance on navigating challenging conditions.