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

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  • Friday, 17 September, 2021
    UnhedgedEquity valuation
    The bear case on stocks Premium content

    Euphoria is fading as profit growth plateaus

  • Thursday, 16 September, 2021
    UnhedgedMarkets
    Why we get inflation wrong

    And the ESG gravy train

  • Wednesday, 15 September, 2021
    US Inflation
    Not enough good inflation news Premium content

    And investor optimism fades

  • Tuesday, 14 September, 2021
    UnhedgedMarkets
    In defence of the inflation neurotics Premium content

    And more on taxing buybacks

  • Monday, 13 September, 2021
    UnhedgedMarkets
    Should we tax buybacks? Premium content

    The Dems come for a Wall Street favourite

  • Monday, 13 September, 2021
    How To Spend It
    Give your knitwear some neck this season

    Steve Jobs’ favoured sweater style is back. You’ve got to roll with it

  • Friday, 10 September, 2021
    UnhedgedHigh yield bonds
    Junk yields are junky Premium content

    And who cares about payment for order flow?

  • Thursday, 9 September, 2021
    UnhedgedMarkets
    Absolutely everyone is buying stocks, for now Premium content

    And final notes on private equity

  • Wednesday, 8 September, 2021
    UnhedgedChinese business & finance
    Is China uninvestable? Premium content

    Punishing foreign investors costs the Communist party little

  • Promoted Content
  • Tuesday, 7 September, 2021
    Private equity
    Hot retail summer Premium content

    How important are flows from individual investors?

  • Friday, 3 September, 2021
    UnhedgedMarkets
    Private equity is leveraged equity

    How risky is all that debt?

  • Wednesday, 1 September, 2021
    Unhedged
    Private equity’s meh decade Premium content

    If PE doesn’t beat stocks, why bother?

  • Tuesday, 31 August, 2021
    UnhedgedDemographics and population
    The rich get richer and rates get lower Premium content

    Maybe it’s not about demographics, after all

  • Monday, 30 August, 2021
    UnhedgedMarkets
    There is a huge amount of corporate debt, and that might be OK Premium content

    And are all stocks expensive, or just some?

  • Friday, 27 August, 2021
    UnhedgedCapital markets
    A tiny sniff of fear Premium content

    Markets are tiptoeing away from risk

  • Thursday, 26 August, 2021
    UnhedgedESG investing
    Team ESG fights back

    Some people think I’m wrong, somehow

  • Wednesday, 25 August, 2021
    UnhedgedMarkets
    Go with the flows, part two Premium content

    Rigid mandates and buybacks revisited

  • Tuesday, 24 August, 2021
    UnhedgedESG investing
    The ESG investing industry is dangerous

    A BlackRock dissident speaks truth

  • Tuesday, 24 August, 2021
    Menswear
    You can now wear what you want to work

    The pandemic has changed not only how we do our jobs but the clothing we do them in. What price will we pay for this sartorial freedom?

  • Monday, 23 August, 2021
    UnhedgedEquities
    Go with the flows Premium content

    And why an ageing world may lead to a Fed mistake

  • Friday, 20 August, 2021
    UnhedgedMarkets
    Facebook and the FTC, take 2 Premium content

    And more on ageing and inflation

  • Thursday, 19 August, 2021
    UnhedgedUS Inflation
    Is the pandemic an economic cul-de-sac?

    Not if getting old is inflationary

  • Wednesday, 18 August, 2021
    UnhedgedMarkets
    The sudden freak out over Chinese and US retail sales data Premium content

    Recent numbers point to deceleration, but that looks like a return to normality

  • Tuesday, 17 August, 2021
    Unhedged
    Biden’s debacle dims the outlook for higher rates Premium content

    Also Chinese shipping costs, and more on banks as a non-cartel

  • Monday, 16 August, 2021
    Unhedged
    Consumers are worried, markets are not Premium content

    And banking as the world’s worst cartel

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