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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, 9 June, 2023
      Style
      Check yourself — why I love madras cloth

      In an era of tasteful neutrals the preppie staple offers a way to break out

    • Friday, 9 June, 2023
      Unhedged
      Stress at the edges Premium content

      Plus more on liquidity and hedging

    • Thursday, 8 June, 2023
      UnhedgedMarkets
      Will markets have a liquidity crunch? Premium content

      Only if the Fed doesn’t blink first

    • Wednesday, 7 June, 2023
      UnhedgedMarkets
      The SEC is wrong about crypto exchanges Premium content

      But not for the reasons the exchanges think

    • Tuesday, 6 June, 2023
      Unhedged
      In markets, something comes of nothing Premium content

      And big tech is not all the same

    • Monday, 5 June, 2023
      UnhedgedMarkets
      The debt markets see no evil Premium content

      And the ECB sees some evil, in shadow banks

    • Friday, 2 June, 2023
      US employment
      Wages are not driving inflation (much) Premium content

      So don’t freak out about the jobs report

    • Thursday, 1 June, 2023
      US equities
      Big Tech, narrow market Premium content

      And the power of a well-connected board

    • Wednesday, 31 May, 2023
      Unhedged
      Discounters get discounted Premium content

      Lower-income consumers are closing their wallets

    • Tuesday, 30 May, 2023
      Working It podcast20 min listen
      The post-pandemic workplace: what to wear?

      Workwear for the new work-life

    • Tuesday, 30 May, 2023
      Unhedged
      Citigroup: cheap or hopeless? Premium content

      Another look at a perennial value play

    • Friday, 26 May, 2023
      Life & Arts
      The world wobbles; the luxury industry strides on

      The imbalance between the very rich and the rest leaves the world a poorer place

    • Friday, 19 May, 2023
      Unhedged
      The labour market’s little cracks Premium content

      And more on the big-box retailers

    • Thursday, 18 May, 2023
      Unhedged
      The immobile market Premium content

      And a bad idea for the FDIC

    • Wednesday, 17 May, 2023
      UnhedgedMarkets
      Retail’s painful transition Premium content

      And high-yield: not scary, but not tempting

    • Tuesday, 16 May, 2023
      Unhedged
      The consumer wobbles, a bit Premium content

      And more on Uber versus Airbnb

    • Monday, 15 May, 2023
      UnhedgedUS equities
      Growth stocks win again Premium content

      And more on the debt ceiling

    • Friday, 12 May, 2023
      Unhedged
      The Fed’s job gets harder Premium content

      And Uber vs Airbnb

    • Thursday, 11 May, 2023
      UnhedgedMarkets
      Inflation inflection Premium content

      A noisy report with an encouraging signal

    • Wednesday, 10 May, 2023
      UnhedgedProperty sector
      Why homebuilders have rallied Premium content

      Plus the dollar and the debt ceiling

    • Tuesday, 9 May, 2023
      Unhedged
      The US consumer is not ready to quit Premium content

      Price elasticity of demand? Maybe next year

    • Monday, 8 May, 2023
      UnhedgedEquities
      Why Buffett prefers cash Premium content

      And the China rally that wasn’t

    • Friday, 5 May, 2023
      Unhedged
      The slow-burn bank panic Premium content

      And the (bad) shipping news

    • Thursday, 4 May, 2023
      UnhedgedFederal Reserve
      The Fed: no secrets, no promises Premium content

      And Uber is still just a taxi company

    • Wednesday, 3 May, 2023
      Unhedged
      Bank runs are different now Premium content

      And the FDIC’s loan to JPMorgan

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