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    Robert Armstrong

    US financial commentator

    Robert Armstrong is the FT’s US financial commentator and writes the Unhedged newsletter. Previously, he was US financial editor, chief editorial writer and has also edited the FT’s Lex Column. Before becoming a journalist, he worked in finance and studied philosophy.

    Email Robert Armstrong @rbrtrmstrng  on Twitter (link opens in a new browser window)

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    • Friday, 29 September, 2023
      Markets
      Rate shocks and growth stocks Premium content

      And copper revisited

      1 hour ago
      NY skyline
    • Thursday, 28 September, 2023
      Markets
      The small-cap blues Premium content

      Plus, growth stocks, rates and pricing power

      The Federal Reserve eagle
    • Wednesday, 27 September, 2023
      Unhedged
      Amazon & the FTC Premium content

      Investors seem to agree with Lina Kahn

      A montage of the New York skyline and $100 bank notes
    • Tuesday, 26 September, 2023
      Unhedged
      Anti-ESG investing

      And the unkillable rates-growth stocks argument

      A view of commercial real estate from the ground up
    • Monday, 25 September, 2023
      UnhedgedMarkets
      Bad correlation redux Premium content

      Diversification after the bond rally

    • Friday, 22 September, 2023
      Style
      John Fetterman, dress codes and American anarchy

      A Senate controversy shows the importance of clothes

    • Friday, 22 September, 2023
      Unhedged
      Bad correlation is back Premium content

      And private equity adds leverage

      A montage of the New York skyline and $100 bills
    • Thursday, 21 September, 2023
      Unhedged podcast21 min listen
      Well, actually: Our ‘Dumb Money’ movie review

      The new movie ‘Dumb Money’ tackles some complicated finance. Does it get it all right?

    • Thursday, 21 September, 2023
      Unhedged
      Humble Jay gets it right Premium content

      Higher for longer is the right balance, for now

      Jay Powell at a press conference
    • Wednesday, 20 September, 2023
      Unhedged
      Rentals won’t save the housing market Premium content

      And assessing the risks from oil prices

      A montage of homes and the US Federal Reserve seal
    • Tuesday, 19 September, 2023
      Unhedged
      The arc of history, and markets Premium content

      What can we predict?

      Montage of trader and screens
    • Monday, 18 September, 2023
      UnhedgedEquities
      Buybacks’ moment of truth Premium content

      And waiting on wage growth

    • Friday, 15 September, 2023
      Unhedged
      Copper as lifeline and as investment Premium content

      If you think global warming can be solved, buy copper

      A Wall Street sign
    • Thursday, 14 September, 2023
      Unhedged podcast17 min listen
      Three IPOs test the market

      Arm, Instacart and Birkenstock are going public in the coming weeks. How will the market respond?

    • Thursday, 14 September, 2023
      Unhedged
      A whiff of bad inflation news Premium content

      And the Treasury basis trade scare story

      A businessman walking on Wall Street
    • Wednesday, 13 September, 2023
      Unhedged
      This inscrutable economic cycle Premium content

      Sectoral disruptions mean old patterns needn’t apply

      A montage of the US Treasury building and a line graph
    • Tuesday, 12 September, 2023
      Unhedged
      Instacart is hard to value Premium content

      And ESG doesn’t work

      A montage of the New York City skyline with $100 banknotes in the background
    • Friday, 8 September, 2023
      Unhedged
      Robot stock analysts Premium content

      They’re just like us!

      computer code on a screen
    • Thursday, 7 September, 2023
      Unhedged podcast16 min listen
      Big win for Big Crypto

      Is the SEC ready to regulate crypto ETFs?

    • Thursday, 7 September, 2023
      Unhedged
      WeWork, too big to fail Premium content

      Plus, private funds sue the SEC

    • Wednesday, 6 September, 2023
      Unhedged
      The Goldilocks equilibrium Premium content

      And industrials’ strong performance

    • Tuesday, 5 September, 2023
      Unhedged
      Smile, dammit Premium content

      The peevish persistence of pessimism

    • Friday, 25 August, 2023
      Unhedged
      Nvidia, reconsidered Premium content

      A monster earnings report changes the valuation debate

      A montage of a trader with trading screens in the background
    • Thursday, 24 August, 2023
      Unhedged podcast18 min listen
      It’s tough out there for Goldman Sachs

      Is Goldman Sachs poorly run or just a victim of the times?

    • Thursday, 24 August, 2023
      Unhedged
      Private credit’s safety blanket Premium content

      Low leverage = low losses?

      A montage of New York’s financial district and dollar bills in the background
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