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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 the 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. You can sign up for a 30 day trial to the Unhedged newsletter here.

Meet Robert

Email Robert Armstrong @rbrtrmstrng  on Twitter (link opens in a new browser window)
  • Monday, 7 October, 2024
    Markets
    The jobs report was a relief, not a revelation Premium content

    And rising long yields

    2 hours ago
  • Friday, 4 October, 2024
    Style
    Is it stylish to be fit?

    What I learnt from becoming a middle-aged man in Lycra

    A black and white photo of a man in a black suit and a bow tie
  • Tuesday, 1 October, 2024
    UnhedgedDirecTV Inc
    The AT&T-DirecTV mistake Premium content

    How a $67bn deal went wrong

    DirecTV logo outside its headquarters
  • Monday, 30 September, 2024
    UnhedgedMarkets
    How to measure liquidity Premium content

    It’s hard

  • Friday, 27 September, 2024
    UnhedgedMarkets
    What kind of rally is this anyway? Premium content

    Tech stocks re-emerge

    Logos of Microsoft Apple, Tesla, Nvidia, Google/Alphabet, Meta and Amazon
  • Thursday, 26 September, 2024
    Unhedged Podcast19 min listen
    Immigration and unemployment

    How does the influx of immigrants affect US jobs numbers?

  • Thursday, 26 September, 2024
    UnhedgedMarkets
    China’s market stimulus experiment Premium content

    Plus rehashes of Fed epiphenomenalism and small caps

    Xi Jinping
  • Wednesday, 25 September, 2024
    Unhedged
    The stock market can’t save social security Premium content

    Arbitrage for the public good?

    A hand holding US dollars
  • Tuesday, 24 September, 2024
    Unhedged Podcast22 min listen
    The case for small and mid caps

    Smaller stocks used to outperform their bigger cousins. Will that ever be the case again?

  • Tuesday, 24 September, 2024
    UnhedgedMarkets
    What if the Fed doesn’t matter? Premium content

    An interesting heresy

  • Friday, 20 September, 2024
    UnhedgedMarkets
    Immigration and job creation Premium content

    The labour market is softer than it appears

  • Thursday, 19 September, 2024
    Unhedged Podcast19 min listen
    Federal Reserve puts on enormous party hat

    Unpacking Wednesday’s big rate cut

  • Thursday, 19 September, 2024
    UnhedgedMarkets
    For the Fed, the destination matters much more than the pace Premium content

    Investors have no choice but to guess at the neutral rate

    Jay Powell
  • Wednesday, 18 September, 2024
    UnhedgedMarkets
    The market looks ahead to the Fed’s rate cut Premium content

    Investors are betting on 50 basis points and expect a soft landing for the economy

    US federal reserve headquarters in Washington, DC
  • Tuesday, 17 September, 2024
    Unhedged Podcast22 min listen
    What is Apollo, anyway?

    The alternative asset manager does a lot.

  • Tuesday, 17 September, 2024
    UnhedgedMarkets
    Is it mid caps’ moment?

    Plus Mexico’s judicial fallout

    NYSE building
  • Monday, 16 September, 2024
    UnhedgedUS inflation
    Inflation: resurrection Premium content

    Replying to readers on price increases

  • Friday, 13 September, 2024
    Unhedged
    Alan S Blinder: ‘The stars look like they’re aligning for a soft landing’ Premium content

    The former Fed vice-chair on monetary policy, the Fed’s record and the presidential race

    Alan Blinder,
  • Thursday, 12 September, 2024
    UnhedgedMarkets
    Inflation is still dead Premium content

    Plus Apple’s buybacks

  • Wednesday, 11 September, 2024
    UnhedgedMarkets
    Where is the small cap revolution? Premium content

    It may never come

    Wall Street buildings
  • Wednesday, 11 September, 2024
    Behind the Money podcast19 min listen
    Jay Powell – lucky or good?

    Evaluating Powell’s management of monetary policy

  • Tuesday, 10 September, 2024
    UnhedgedMarkets
    The curious case of Apple Premium content

    And high margin expectations

    An attendee wearing an Apple Vision Pro with the Apple iPhone 16 Pro
  • Monday, 9 September, 2024
    UnhedgedMarkets
    Remain calm Premium content

    And oil supply

  • Friday, 6 September, 2024
    UnhedgedMarkets
    The Kroger-Albertsons deal has a chance Premium content

    Plus the real estate rally

    Person pushing shopping carts outside a Kroger store
  • Thursday, 5 September, 2024
    Unhedged Podcast23 min listen
    How to fix the housing market

    High prices usually boost supply, but not in housing. What's wrong?

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