Robert Armstrong

Robert Armstrong, a U.S. financial commentator for the Financial Times, joins to dissect the implications of the recently passed GOP tax bill. He argues that the economy is playing a risky game with national debt, emphasizing a 'greed mode' in the markets. The conversation delves into the complexities of job growth, highlighting discrepancies in employment data. Armstrong also addresses the rising 'inheritocracy' and advocates for targeted wealth taxes to ensure a more equitable economic future. The discussion is both insightful and provocative!

Robert Armstrong, a U.S. financial commentator for the Financial Times and author of the Unhedged newsletter, shares his insights on market dynamics. He discusses Trump's 'Donroe Doctrine' and its implications for investors amid geopolitical events. The conversation covers the recent surge in bank stocks and the potential benefits of a more consolidated banking system. Armstrong also predicts market stability in 2026 despite inflation concerns and examines the future of AI investments, emphasizing a gradual cooling rather than a sudden downturn.

Robert Armstrong, a U.S. financial commentator for the Financial Times, joins the discussion about the recent Federal Reserve rate cut. They explore the rationale behind the 25 basis point decrease and its implications for economic growth and inflation. The conversation shifts to the TikTok deal, analyzing who benefits from the agreement, concerns about algorithm control, and the potential for cronyism. As they unravel these complex topics, listeners gain insights into the intersection of finance and technology.

In this engaging discussion, Robert Armstrong, a savvy financial commentator for the Financial Times, sheds light on the intriguing 'TACO trade' concept he coined. He explains how investor strategies shift in response to political tariff announcements and evaluates the cultural moment of this quirky term. The conversation also dives into the potential ripple effects of recent tariffs on consumer goods and critiques impulsive economic decisions made by leaders. Armstrong juxtaposes market psychology with pressing economic policies, ensuring listeners walk away with fresh insights.

Robert Armstrong, a U.S. financial commentator for the Financial Times, dives into President Trump’s proposed tariffs on Europe and their market implications. He discusses the seriousness of the tariffs and Europe’s potential unified response. Alex Kantrowitz, founder of Big Technology, sheds light on OpenAI's new ad strategy for ChatGPT, exploring its monetization motives and the implications for user trust. The pair also ponder the competitive landscape of the AI industry and what this means for the future.

Reed Albergotti, Semafor technology editor who covers tech policy and deals, breaks down the finalized TikTok sale and its technical and geopolitical twists. Robert Armstrong, author of the Unhedged newsletter and market commentator, walks through why gold hit $5K, contrasting theories like political risk, debasement, and momentum. Quick, sharp takes on Fed chair chatter and investor behavior.

Robert Armstrong, a U.S. commentator for the Financial Times, dives into the recent volatility in markets, highlighting the tension between fear and greed that causes erratic movement. He emphasizes the importance of long-term valuations and discusses potential fiscal policy impacts ahead of elections. Labor economist Kathryn Anne Edwards explores the September jobs report, revealing a gradually cooling labor market and challenges in manufacturing. She also explains how data gaps complicate Fed decisions, offering critical insights for policy implications.

Oliver Stuenkel, an expert in Latin American politics, discusses Javier Milei's surprising electoral win in Argentina and its implications for liberal reforms. He delves into how unexpected local results shaped national momentum and the challenges Milei faces amid public sector issues. Robert Armstrong, a financial commentator, analyzes the latest CPI report, emphasizing the complexities of inflation predictions and the potential impact of tariffs. He cautions against excessive rate-cut expectations while highlighting market trends and risks, especially in gold and tech.

UBS chief executive Sergio Ermotti is planning to step down in April 2027, and Paramount threatened a proxy fight in its latest move to force Warner Bros Discovery back to the negotiating table. Plus, the FT’s Robert Armstrong explains what could come next in US President Donald Trump’s crackdown on the Federal Reserve. Mentioned in this podcast:UBS boss Sergio Ermotti plans to step down in April 2027Paramount threatens proxy fight in battle for Warner Bros DiscoveryWhat is behind the criminal investigation into Jay Powell?Former Fed chiefs attack DoJ probe into Jay PowellFT subscription sale  Note: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted and edited by Marc Filippino and produced by Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Claire Jones, U.S. economics editor at the Financial Times, and Rob Armstrong, a U.S. financial commentator at the same outlet, dive into the K-shaped economy phenomenon. They explore how wealth disparity has widened post-pandemic and what drives this perception. Key topics include consumer spending trends revealed through corporate earnings, market shifts affecting lower earners, and the political stakes tied to affordability. They also discuss what the White House might do to address these economic challenges and whether the U.S. has achieved a soft landing.