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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, 31 March, 2023
    Unhedged
    Banks fail, stocks shrug Premium content

    And capitalism blooms in Japan, maybe?

  • Thursday, 30 March, 2023
    UnhedgedSilicon Valley Bank
    HTM, AFS, OMG Premium content

    Did bad accounting help sink Silicon Valley Bank?

  • Wednesday, 29 March, 2023
    UnhedgedMarkets
    Who’s afraid of commercial real estate? Premium content

    Also, tight junk spreads

  • Tuesday, 28 March, 2023
    UnhedgedSilicon Valley Bank
    SVB, resolved Premium content

    How the story ends

  • Monday, 27 March, 2023
    UnhedgedMarkets
    The Fed and the market are both right Premium content

    Also, more on CRE, and Apple vs Google

  • Friday, 24 March, 2023
    UnhedgedUS banks
    Banks: quickly, then slowly Premium content

    The crisis phase will give way to profit pressure

  • Thursday, 23 March, 2023
    UnhedgedMarkets
    Powell splits the difference Premium content

    The banking crisis is a mystery to the Fed, too

  • Wednesday, 22 March, 2023
    UnhedgedCentral banks
    What the Fed should do Premium content

    Steady on, Jay

  • Tuesday, 21 March, 2023
    UnhedgedMarkets
    Against bank stocks Premium content

    Plus, people are worrying about commercial real estate

  • Monday, 20 March, 2023
    UnhedgedBanks
    First Republic could use a deal, too Premium content

    Plus, regional bank lending matters a lot

  • Friday, 17 March, 2023
    UnhedgedUS banks
    First Republic’s red flags Premium content

    Why the market turned against the bank

  • Thursday, 16 March, 2023
    UnhedgedBanks
    Credit Suisse under siege Premium content

    The fear bug jumps to Europe

  • Wednesday, 15 March, 2023
    UnhedgedBanks
    The bailout blues Premium content

    Is protecting uninsured depositors really so bad?

  • Wednesday, 15 March, 2023
    Behind the Money podcast23 min listen
    Why SVB’s collapse is not a 2008 repeat

    The FT’s US financial commentator Robert Armstrong tells us why he’s not panicking.

  • Tuesday, 14 March, 2023
    UnhedgedMarkets
    Will another bank fall?

    And have rates gone mad?

  • Monday, 13 March, 2023
    UnhedgedSilicon Valley Bank
    SVB was only a little bit insolvent, luckily Premium content

    Plus the jobs report

  • Saturday, 11 March, 2023
    Banks
    SVB’s collapse is not a harbinger of another 2008

    But the US bank favoured by tech start-ups will not be the last casualty of higher interest rates

  • Friday, 10 March, 2023
    UnhedgedBanks
    SVB is not a canary in the banking coal mine Premium content

    All we have to fear is fear itself, and that’s plenty

  • Thursday, 9 March, 2023
    UnhedgedEquities
    The global rally revisited Premium content

    The catalysts have fizzled

  • Wednesday, 8 March, 2023
    UnhedgedShare buybacks
    Jay Powell makes an important change Premium content

    Fed chief says pace of rate rises matters in battle against inflation

  • Wednesday, 8 March, 2023
    Style
    Will we ever say goodbye to gorpcore?

    Outdoor clothing is lingering as a trend, but are we kidding ourselves it’s cool?

  • Tuesday, 7 March, 2023
    UnhedgedMarkets
    All eyes on sales growth Premium content

    And share compensation expense

  • Friday, 3 March, 2023
    UnhedgedSalesforce.com Inc
    Why activists love Salesforce Premium content

    Room to grow margins, tons of cash flow — and bad habits

  • Thursday, 2 March, 2023
    UnhedgedEquities
    Why own stocks? Premium content

    And does Goldman need an activist?

  • Wednesday, 1 March, 2023
    UnhedgedProperty sector
    The frozen housing market Premium content

    And what it means for the economy

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