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Unhedged

Markets, finance and strong opinions

Robert Armstrong dissects the most important market trends and discusses how Wall Street's best minds respond to them.

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  • Thursday, 2 January, 2025
    Robert Armstrong
    The source of 2024’s returns Premium content

    Plus Merton allocation, and the ‘magic’ GDP growth rate

    Trader on floor of the New York Stock Exchange
  • Friday, 20 December, 2024
    Robert Armstrong
    Our market predictions for 2025 Premium content

    And looking back on 2024

    Montage of US dollar bills and Wall Street
  • Thursday, 19 December, 2024
    Robert Armstrong
    Trump and the Fed: battle lines Premium content

    Yesterday was just a prologue

    Fed chair Jay Powell listens as and Donald Trump speaks in 2017 outside the White House
  • Wednesday, 18 December, 2024
    Robert Armstrong
    Which sector will lead the market in 2025? Premium content

    Plus Brazil’s currency crisis

    A view of the New York Stock Exchange from street level looking up
  • Tuesday, 17 December, 2024
    Robert Armstrong
    Where the US-China trade war meets AI hype Premium content

    Semiconductor toolmaking is a great business, but the geopolitics are daunting

  • Monday, 16 December, 2024
    Robert Armstrong
    When good stocks go bad (part 2) Premium content

    Merger misses, industry headwinds and outright blunders

  • Friday, 13 December, 2024
    Robert Armstrong
    What high stock prices do Premium content

    Plus credit spreads, and more on department stores

    New York skyline and US $100 notes
  • Thursday, 12 December, 2024
    Robert Armstrong
    Not too hot is a weak justification for a cut Premium content

    And investing in dinosaurs

    A view of tall buildings in Manhattan from the ground up
  • Wednesday, 11 December, 2024
    Robert Armstrong
    Everyone hates duration Premium content

    And China’s monetary policy stance

    Montage of US flag and a stock trader
  • Tuesday, 10 December, 2024
    Robert Armstrong
    Investor sentiment reconsidered Premium content

    Quantifying irrationality is hard

    skyline of Wall Street
  • Monday, 9 December, 2024
    Robert Armstrong
    When good stocks turn bad Premium content

    And quality in the small cap rally

  • Friday, 6 December, 2024
    Robert Armstrong
    The Trump market, a month in Premium content

    And today’s job report

    Traders on the floor of the New York Stock Exchange
  • Thursday, 5 December, 2024
    Robert Armstrong
    Peak US-phoria? Not yet Premium content

    And Trump’s cheap energy dream

    New York City, Manhattan, commercial property
  • Wednesday, 4 December, 2024
    Robert Armstrong
    What makes a bubble a bubble Premium content

    Prices, sentiment and time

    Benjamin Franklin’s face as it appears on a $100 bill
  • Tuesday, 3 December, 2024
    Robert Armstrong
    America is one big bubble Premium content

    Plus, China’s ‘Japanification’

    Montage of a stock trader and the US flag
  • Monday, 2 December, 2024
    Robert Armstrong
    The coming clash between Trump and Wall Street Premium content

    A rebalanced global economy would be welcome, but not for stocks

  • Friday, 22 November, 2024
    Robert Armstrong
    Who wants to buy Chrome? Premium content

    And thoughts on savings

    the Google Chrome logo is displayed on a laptop
  • Thursday, 21 November, 2024
    Robert Armstrong
    The three big market uncertainties Premium content

    Plus earnings season

    A view looking up at the New York Stock Exchange building
  • Wednesday, 20 November, 2024
    Robert Armstrong
    The US consumer is fine (but no better) Premium content

    Aggregates conceal a lot

    The logo of a Walmart store
  • Tuesday, 19 November, 2024
    Robert Armstrong
    US markets in 2049 Premium content

    Plus Doge and the deficit

    Skyline of Manhattan
  • Monday, 18 November, 2024
    Markets
    Disney strikes back Premium content

    And Turkish Trump trades

  • Friday, 15 November, 2024
    Robert Armstrong
    Trump and the small caps Premium content

    Why little companies like the red sweep

    A montage of a trader on the floor of the New York Stock Exchange with an American flag in the background
  • Thursday, 14 November, 2024
    Robert Armstrong
    How markets might be wrong about Trump Premium content

    Plus the long and winding road of disinflation

    Wall Street buildings
  • Tuesday, 12 November, 2024
    Markets
    Tariffs are hard work Premium content

    The uncertainty surrounding Trump’s trade policies

    Robert Lighthizer speaks as Donald Trump and other officials listen
  • Monday, 11 November, 2024
    Robert Armstrong
    Mixed news on China’s stimulus Premium content

    And regional banks as a Trump trade

Previous page You are on page 1 Next page

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