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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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  • Monday, 5 August, 2024
    Markets
    Everyone calm down Premium content

    And US credit creation

    3 hours ago
  • Friday, 2 August, 2024
    Robert Armstrong
    RIP semiconductor rally? Premium content

    A cornerstone of the bull market suddenly looks wobbly

  • Thursday, 1 August, 2024
    Robert Armstrong
    The Fed does right, by doing nothing Premium content

    And crypto regulation

    Fed chair Jay Powell
  • Wednesday, 31 July, 2024
    Robert Armstrong
    Big Tech’s big investments Premium content

    And Chinese stimulus

    An AWS logo in the foreground and people at a trade fair in the background
  • Tuesday, 30 July, 2024
    Robert Armstrong
    Big Tech as big tail risk Premium content

    And big moves in the yen

    An illustration of the logos of the Magnificent Seven tech companies and a hand using a mobile phone
  • Monday, 29 July, 2024
    Robert Armstrong
    Falling inflation, sturdy economy, happy Fed Premium content

    Jay Powell & Co needn’t rush into a September cut

  • Friday, 26 July, 2024
    Robert Armstrong
    What is Tesla? Premium content

    And GDP growth

    A Tesla Cybertruck
  • Thursday, 25 July, 2024
    Robert Armstrong
    Inflation, stock prices, and french fries Premium content

    A pandemic story

    McDonald’s french fries
  • Wednesday, 24 July, 2024
    Markets
    Is commercial real estate over the hump? Premium content

    And dollar devaluation revisited

  • Tuesday, 23 July, 2024
    Robert Armstrong
    The end of the Omnitrade Premium content

    And Trump’s dollar devaluation dreams

    Hand holding $100 US bills
  • Monday, 22 July, 2024
    Robert Armstrong
    After Biden, is there still a Trump trade? Premium content

    And small capapalooza

  • Friday, 19 July, 2024
    Harriet Clarfelt
    It’s time to revisit our financial condition assumptions Premium content

    At an index level things look very loose, but under the surface it’s more of a ‘mixed bag’

    A montage of buildings on Wall Street, including the exterior of the New York Stock Exchange
  • Wednesday, 17 July, 2024
    Katie Martin
    Passive aggressive: the stockpicking debate that will not die Premium content

    An age-old wrangle about beating the index is getting weird

    Stockbroker monitors a screen
  • Friday, 12 July, 2024
    Robert Armstrong
    The US had an exceptionally good inflation report. Now what? Premium content

    We just have to make sure we stay at 2 per cent

    A montage of skyscrapers
  • Thursday, 11 July, 2024
    Robert Armstrong
    Are the Nvidia sceptics right? Premium content

    A brave minority

    Nvidia chips
  • Wednesday, 10 July, 2024
    Robert Armstrong
    Passive investors and the AI bubble Premium content

    A very complex question

    A montage of a trader looking at financial indicators on the floor of the New York Stock Exchange
  • Tuesday, 9 July, 2024
    Markets
    Value stocks in a growth stock world Premium content

    Where to hide when the AI bubble pops

    A close-up of an image of Benjamin Franklin on a $100 bill
  • Monday, 8 July, 2024
    Robert Armstrong
    The only trade that matters Premium content

    And big banks vs regional banks

  • Wednesday, 3 July, 2024
    Robert Armstrong
    The triumph of big boring stocks Premium content

    And what mattered in the first half

    The New York skyline and a background of US dollars
  • Tuesday, 2 July, 2024
    Robert Armstrong
    The Trump trade Premium content

    Investing after the Biden meltdown

    Joe Biden and Donald Trump
  • Monday, 1 July, 2024
    Robert Armstrong
    How Apple became an AI stock Premium content

    And what that means

  • Friday, 28 June, 2024
    Construction sector
    Construction may be the weakest link Premium content

    And more on deficits and stocks

    Helicopter flies above a building with construction cranes in background
  • Thursday, 27 June, 2024
    Robert Armstrong
    Fiscal responsibility should scare investors Premium content

    Reducing the deficit is likely to reduce both stock prices and corporate profits

    A montage of a trader on the floor of the New York Stock Exchange with an American flag in the background
  • Wednesday, 26 June, 2024
    Markets
    Why don’t homebuilders build more homes? Premium content

    A persistent market failure

    Workers build a house
  • Tuesday, 25 June, 2024
    Robert Armstrong
    The US housing market is awful Premium content

    Low rates didn’t help, and higher rates haven’t either

    A close-up of a $100 bill
Previous page You are on page 1 Next page

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