Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Ron DeSantis campaign in turmoil as 2024 Republican primaries loom
    • Houthi attacks on vessels in Red Sea sound alarm for global trade
    • Sweden’s long-term growth at risk from gang crime, warns central bank chief
    • Israel defends high-tech evacuation plan amid rising Gaza death toll
    • Military briefing: How Israel is attacking Hamas’s vast tunnel network
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Airbus might need state backing for new aircraft programme to replace A320, chief says
      • Signa administrator sacks company’s party planners, hunters and jet crew
      • Tesla battle with Swedish unions spreads to Denmark
      • Signa Holding debts doubled in the months preceding insolvency filing
      • Ex-Freshfields partner ‘highly likely’ to be convicted in tax scandal
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • News updates from December 5: Moody’s cuts China’s credit outlook, Germany’s Dax closes at record high
      • Moody’s cuts China’s credit outlook to negative
      • Houthi attacks on vessels in Red Sea sound alarm for global trade
      • The real impact of the ESG backlash
      • Qatar slashes stake in Barclays with £510mn share sale
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Voters don’t want to hear the fiscal truth
      • America and a crumbling global order
      • Why Modi is cruising to a third term
      • How to cope with Argentina’s economic absurdities
      • Britain needs a way out of economic stagnation
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
      Most Read
      • Amy Edmondson wins FT and Schroders Business Book of the Year
      • Why staff loyalty is not always a good thing
      • How alcohol became a crutch for professional women
      • Friederike Otto: ‘The climate backlash is the last attempt by those who don’t want change’
      • Are workplace romances a savvy investment?
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • The FT’s 25 most influential women of 2023
      • The Money Kings — the profound legacy of America’s Jewish banking dynasties
      • The Metropolitan Museum’s rehung European galleries are a triumph
      • Take refuge in the gossip of the gilded age
      • Uncorking the legacy of a life-changing som
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    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)

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Tuesday, 5 December, 2023
      Unhedged
      The jobs market is still tight Premium content

      And bitcoin is booming again

      A montage of US construction workers building a house
    • Monday, 4 December, 2023
      UnhedgedMarkets
      Gold’s weird rally Premium content

      And private equity’s insurance trade

    • Friday, 1 December, 2023
      Unhedged
      It’s a good time to be Rick Rieder Premium content

      The fixed-income mega-investor sees tailwinds for the bond market

      Rick Rieder
    • Thursday, 30 November, 2023
      Unhedged
      Consensus calls for cuts, confidently Premium content

      And against the liquidity theory

      A montage of a statue of George Washington Wall Street
    • Wednesday, 29 November, 2023
      Unhedged
      How fast can Big Tech grow? Premium content

      High expectations hang over the Magnificent 7

      The logos of Microsoft, Apple, Tesla, Nvidia, Google/Alphabet, Meta and Amazon
    • Tuesday, 28 November, 2023
      Unhedged
      Liquidity and the rally Premium content

      Peak rates aren’t everything

      Montage of Nasdaq headquarters and a chart
    • Monday, 27 November, 2023
      UnhedgedEquities
      Peak-rates euphoria Premium content

      Once again, optimism is everywhere

    • Wednesday, 22 November, 2023
      Fashion
      Luxury fashion prices have gone too far

      The cost of designer goods has shot beyond what the brands’ chatter about look and quality can justify

    • Wednesday, 22 November, 2023
      Unhedged
      A bad idea from Finra Premium content

      And more on the zombie notpocalypse

      The New York Stock Exchange building
    • Tuesday, 21 November, 2023
      Unhedged
      The Zombie notpocalypse Premium content

      Easy money has not bred the undead

      A woman dressed as a zombie
    • Monday, 20 November, 2023
      Unhedged
      Anatomy of a slowdown Premium content

      US retailers’ results show mild but uneven decline in growth

    • Friday, 17 November, 2023
      Life & Arts
      How America got high as a kite

      The war on drugs hasn’t worked. But decriminalisation has its own risks

    • Friday, 17 November, 2023
      Unhedged
      Olivier Blanchard on debt explosions Premium content

      What to do when r - g = 0

      Olivier Blanchard
    • Thursday, 16 November, 2023
      Unhedged
      Banks and the soft landing Premium content

      If there is no recession, bank stocks are too cheap

      A montage of a statue of George Washington Wall Street
    • Wednesday, 15 November, 2023
      Unhedged
      A near-perfect inflation report Premium content

      And the food stock crash

      A montage of a photo of the Nasdaq tower in Times Square, New York, and charts
    • Tuesday, 14 November, 2023
      Unhedged podcast20 min listen
      Big Tech roundup: Tesla, Nvidia, Apple and more

      Our stock-picking contest is midway through. How are the contestants doing?

    • Tuesday, 14 November, 2023
      Unhedged
      QT is not nearly done Premium content

      And more on consumer confidence

      Jay Powell
    • Tuesday, 14 November, 2023
      Insurance
      Aon president warns insurers against ‘walking away’ from major risks

      Industry should be ‘very careful’ about offloading coverage of cyber attacks and pandemics to public sector

      A woman inside a flooded flat
    • Monday, 13 November, 2023
      UnhedgedMarkets
      Why consumers feel so glum Premium content

      And the costs of monetising the debt

    • Wednesday, 8 November, 2023
      Unhedged
      What investors should know if Trump wins in 2024 Premium content

      And bad small-cap balance sheets

      A montage of a trader on the floor of the New York Stock Exchange with an American flag in the background
    • Tuesday, 7 November, 2023
      Unhedged podcast27 min listen
      Pub quiz showdown: Alphaville vs Unhedged

      Two rival finance newsletters compete to answer ridiculously hard questions

    • Tuesday, 7 November, 2023
      Unhedged
      The next corporate debt crisis Premium content

      How dangerous is higher for longer?

      A view of commercial buildings from the ground up
    • Monday, 6 November, 2023
      UnhedgedUS economy
      The case for optimism Premium content

      The US economy is not headed over a cliff

    • Friday, 3 November, 2023
      Unhedged
      It ain’t over till it’s over Premium content

      The rates cycle, that is

      Person looks at trading screen
    • Thursday, 2 November, 2023
      Unhedged podcast20 min listen
      Sam Bankman-Fried takes the stand

      Former crypto tycoon risked everything to testify. Did it help?

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

    Tools

    PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Israel-Hamas war
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
      • Artificial intelligence
      • Semiconductors
      • Cyber Security
      • Social Media
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Visual and data journalism
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today’s Newspaper (FT Digital Edition)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In