Jul 7, 2026
What's new since the last Macro Matters? We have a new co-host! Jessica Noviskis joins Tony Zhang and Rich Excell to cover the market moves of the last 2 weeks. As many were on holiday, they may have missed the economic news on inflation (PCE) and growth (ISM). They likely didn't miss the price action in semis &...
Jun 29, 2026
Whether it is in semis and memory stocks or the overall economy, the big talk of the market is price stability or lack thereof. Tony Zhang and Rich Excell are back to break down market moves from short-term rates and Kevin Warsh to the AI trade. Let them know what you think, and reach out to CFA Soicety Chicago to get...
Jun 10, 2026
Tony Zhang PhD, CFA and Rich Excell CFA, CMT are back after some R&R. Given it has been almost a month since we last talked, we looked at every asset class and guess what? There are some interesting moves going on in everything from gold to bonds to stocks to crypto. Is there a common thread going through them...
May 13, 2026
The market is back to its AI focus with the Iran War still in the background, particularly since commodities prices are impacting data. Tony Zhang and Rich Excell are back to talk about possibly the most important thing - the Trump & Xi meeting this week - as it will impact everything - AI, Iran and lots more. The...
Apr 30, 2026
It is FOMC Day! It's AI data center earnings day! It's oil ovre $100 day! It's something for everyone day
Rich Excell and Tony Zhang are back to try and decode what we are seeing in the markets. Are you an AI optimist or pessimist? Do you care about oil supply or demand? These are the questions you should be asking