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Last Call | A Different Kind of Market Wrap

Excess Returns
Oil
Compute
Private Credit
Mag-7
AI Capex
Software Stocks
Earnings
Global Macro
Inflation
S&P 500
Spacex

Last Call is a monthly market briefing for investors who want perspective, not headlines. Each episode, Matt Zeigler and Jack Forehand look back on what actually mattered in markets over the past month, then look ahead to what they’re watching next. Along the way, they’re joined by leading thinkers across macro, options and positioning, narratives, research, technology, ETF flows, and policy. No h... more

PublishesMonthlyEpisodes7Founded6 months ago
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Artwork for Last Call

Latest Episodes

On this episode of Last Call, we examine the hidden rotation beneath calm stock market indexes, including sharp AI and semiconductor volatility, small-cap strength, forced fund liquidations, higher rates and changing Federal Reserve guidance.

Jack F... more

In this episode of Last Call, we look back at June 2026 and break down the biggest market stories shaping investors’ outlook for the second half of the year. Matt Zeigler and Jack Forehand are joined by Andy Constan, Ben Hunt, Brent Kochuba and Eric ... more

In this episode of Last Call, we break down one of the most confusing market backdrops in years: AI-driven earnings optimism, rising oil and inflation risk, stretched options positioning, and the market impact of a potential SpaceX IPO. Jack Forehand... more

This episode of Last Call breaks down one of the most confusing market environments in recent memory: why stocks continue to rise despite war, oil shocks, and growing macro risks. Through conversations with Jim Paulsen, Ben Hunt, Kevin Muir, and Bren... more

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Recent Guests

Dave Nadig
Director of research data and analytics
ETF Database / auspice of Click Beta segment
Episode: A $20B Blowup. A War-Sized AI Bet. Did You Just Buy a Margin Call? | Last Call
Cameron Dawson
Investment strategist/analyst
ETF Trends
Episode: A $20B Blowup. A War-Sized AI Bet. Did You Just Buy a Margin Call? | Last Call
Aahan Menon
Founder of Prometheus Macro, systematic macro firm
Prometheus Macro
Episode: The AI Trade Has a Problem | Ben Hunt, Brent Kochuba and Aahan Menon on What Could Derail It
Jim Paulsen
Market strategist known for data-driven charts and inflation perspectives
Paulsen Perspectives
Episode: We Asked Four Experts Why Bad News Can't Break This Market — And Whether It Will
Kevin Muir
MacroTourist, analyst focusing on flows and positioning
MacroTourist
Episode: We Asked Four Experts Why Bad News Can't Break This Market — And Whether It Will
Andy Constan
Macro analyst featured in interview segment
Constan? (as referenced in episode)
Episode: The Moment Everyone Knew What Everyone Knew | The War That Rewrote the Rules
Eric Pachman
Data/ labor market analyst
Data for the People
Episode: The Moment Everyone Knew What Everyone Knew | The War That Rewrote the Rules
Ben Hunt
Writer at Epsilon Theory and Perseant; discusses private credit cycles and AI impact
Epsilon Theory, Perseant
Episode: A Doomsday AI Article Sparked a Panic | We Break Down What It Means for Markets
Rupert Mitchell
Blind Squirrel Macro analyst with practical market insights
Blind Squirrel Macro
Episode: A Doomsday AI Article Sparked a Panic | We Break Down What It Means for Markets

Hosts

Jack Forehand
Co-host of the show; long-running market commentator focused on macro themes, narratives, and positioning.
Matt Zeigler
Co-host of the show; frequent host of Last Call, with emphasis on macro analysis, data-driven storytelling, and market structure.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#121
Denmark/Business/Investing
Apple Podcasts
#167
Singapore/Business/Investing

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per EpisodeGender SkewLocation
InterestsProfessionsAge Range
Household IncomeSocial Media Reach

Frequently Asked Questions About Last Call

What is Last Call about and what kind of topics does it cover?

This show consistently centers on macro perspectives, market structure, and narrative dynamics shaping investors' decisions. Episodes frequently blend high-level macro themes (inflation regimes, energy shocks, private credit, AI-driven capex) with concrete market signals (options flow, earnings breadth, sector positioning) to explain what's driving price action and where risk lies. Guests are drawn from macro research, quantitative strategy, and market narratives, offering a mix of data-driven frameworks and contrarian viewpoints. A standout characteristic is the emphasis on how stories and flows interact with fundamentals, creating a practical lens for navigating current cycles rather than chasing headlines. Listeners who want actionable c... more

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Which podcasts are similar to Last Call?

These podcasts share a similar audience with Last Call:

1. Excess Returns
2. The OPEX Effect
3. The Jim Paulsen Show
4. Two Quants and a Financial Planner
5. The OPEX Effect

How many episodes of Last Call are there?

Last Call launched 6 months ago and published 7 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact Last Call?

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What guests have appeared on Last Call?

Recent guests on Last Call include:

1. Dave Nadig
2. Cameron Dawson
3. Aahan Menon
4. Jim Paulsen
5. Kevin Muir
6. Andy Constan
7. Eric Pachman
8. Ben Hunt

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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