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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, 14 April, 2025
    UnhedgedMarkets
    The tariff crisis is not existential Premium content

    And lessons from ‘73

    Street sign for Wall Street in New York City, with tall buildings in the background
  • Friday, 11 April, 2025
    UnhedgedMarkets
    The Trump tariff crisis is not over yet Premium content

    Plus more on valuing stocks in a crisis, and inflation

    Donald Trump holding an umbrella
  • Thursday, 10 April, 2025
    Unhedged Podcast22 min listen
    The real cost of a trade war

    Have Trump’s policies hurt the US’s ability to borrow?

  • Thursday, 10 April, 2025
    UnhedgedMarkets
    Markets 1, Trump 0

    Plenty of game left to play, though

    A montage of Donald Trump in front of colorful graphs
  • Thursday, 10 April, 2025
    Menswear
    Do these trousers make me look fascist?

    A look at what makes an outfit a political identifier

  • Wednesday, 9 April, 2025
    UnhedgedMarkets
    Do Treasuries hedge stocks right now? Premium content

    Tariffs and positive correlation

    The US Treasury building
  • Tuesday, 8 April, 2025
    Unhedged Podcast23 min listen
    Surveying the wreckage

    As markets bounce around, China announces its own tariffs

  • Tuesday, 8 April, 2025
    UnhedgedMarkets
    When to buy the dip

    Risky assets are cheaper — but not cheap enough

    A stock trader
  • Monday, 7 April, 2025
    UnhedgedMarkets
    Solving for three variables with markets in chaos Premium content

    And a warning from Canada’s job numbers

  • Friday, 4 April, 2025
    Trump tariffs
    For markets, it’s the unpredictability that’s going to kill you

    Investors and companies can adjust to most things when they know the rules but under Trump, the rules keep changing

    A trader talks on the phone while working on the floor of the New York Stock Exchange
  • Friday, 4 April, 2025
    UnhedgedMarkets
    What the dollar’s bad day shows Premium content

    Tariffs are supposed to be dollar positive. What happened?

    A montage of $100 bills
  • Thursday, 3 April, 2025
    Unhedged Podcast24 min listen
    Tariffs up. Markets down

    A stunning rollout of new taxes astonishes traders

  • Thursday, 3 April, 2025
    UnhedgedMarkets
    Trump goes for shock therapy Premium content

    The market was far too optimistic

    A montage of Donald Trump holding up the executive order he signed during his trade tariffs announcement at the White House with the seal of the president of the United States in the foreground and an American flag in the background
  • Wednesday, 2 April, 2025
    UnhedgedMarkets
    The source of the gold rally may be fear Premium content

    Plus more bad hard data

    Gold bars
  • Wednesday, 2 April, 2025
    FT News Briefing podcast10 min listen
    What Wall Street expects from Trump’s ‘liberation day’

    US President Donald Trump is expected to announce the substance of his trade policy

  • Tuesday, 1 April, 2025
    Unhedged Podcast25 min listen
    Vibes vs data

    Spirits are low but indicators seem fine

  • Tuesday, 1 April, 2025
    UnhedgedMarkets
    What to expect on ‘liberation day’ Premium content

    And will wealthy consumers pull back?

    A montage with Donald Trump in the foreground and the flags of Canada, the US and Mexico in the background
  • Monday, 31 March, 2025
    UnhedgedCoreWeave
    Bad ‘hard’ data creeps in Premium content

    And replies on CoreWeave

  • Friday, 28 March, 2025
    UnhedgedMarkets
    Valuing CoreWeave Premium content

    Plus the US fiscal impulse

  • Thursday, 27 March, 2025
    Unhedged Podcast25 min listen
    What does CoreWeave’s IPO say about the market?

    An unusual company enters an unusual investing environment

  • Thursday, 27 March, 2025
    UnhedgedMarkets
    Poor consumer sentiment is still just talk Premium content

    And it may never turn into action

    A close-up of a woman in American flag shoes walking in front of a New York Stock Exchange sign
  • Wednesday, 26 March, 2025
    UnhedgedMarkets
    There is no Bessent put in the Treasury market Premium content

    And people are still buying a lot of US stocks

  • Wednesday, 26 March, 2025
    FT News Briefing podcast11 min listen
    Spring Statement highlights tough UK economy

    What will be in Rachel Reeves’ Spring Statement?

  • Tuesday, 25 March, 2025
    Unhedged Podcast24 min listen
    Can Trump drive down bond yields?

    To fund tax cuts, the administration wants cheaper money

  • Tuesday, 25 March, 2025
    UnhedgedMarkets
    Cheap oil is not the Trump administration’s top energy priority Premium content

    Plus politics versus markets in Turkey

    A worker of the Venezuelan state oil company PDVSA looks at the Iranian-flagged oil tanker Fortune as it docks at the El Palito refinery in Puerto Cabello in the northern state of Carabobo, Venezuela
Previous page You are on page 1 Next page

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