Robert Armstrong

Robert Armstrong

@robarmstrong.bsky.social

US Financial Commentator, Financial Times. Opinions mine, unfortunately. The pursuit of pleasure is hard work.

50.3K followers395 following543 posts

Robert Armstrong reposted

Lucy Fisher
@lucyfisher.ft.com

What will the UK Budget mean for Britain? Join me and FT colleagues for an exclusive subscriber webinar on 29 October, the day after the Budget. To register, and send us your questions, go to ft.com/budget2026

Robert Armstrong reposted

FT Edit
@ftedit.ft.com

A defiant President Zelenskyy told the FT in an interview that Ukraine would restart strikes on Russia’s oil refineries despite US objections. “The block [on attacking refineries] is out," he said. "We’re done." Read — and watch — the interview in full 👉 ft.trib.al/mhOMAxU

Robert Armstrong
@robarmstrong.bsky.social

The poor guy really can't take the pressure that comes with his job

David Gura@davidgura.bsky.social

A letter from Treasury Secretary Scott Bessent to Sen. Elizabeth Warren, who is the ranking Democrat on the Senate Banking Committee, and a member of the Senate Finance Committee:

Robert Armstrong reposted

Brad DeLong
@braddelong.bsky.social

The “Honey Badger don’t care” stock market: why and how twenty “AI” stocks and only twenty “AI” stocks shrug off the big shock of rising interest rates in our weird two-speed stock market: **Katie Martin & Rob Armstrong: There Is Only One Trade: PODCAST OF THE DAY** The “only one trade” is... 1/

braddelong.substack.comKatie Martin & Rob Armstrong: There Is Only One Trade: PODCAST OF THE DAYThe “only one trade” is the AI trade, of course; the FT’s “Unhedged” podcast—that is something I am definitely long...

Robert Armstrong reposted

George Pearkes
@peark.es

This is good and overlays nicely with my qualitative view that 1) long term rates now price truly aggressive risk premiums/growth assumptions and can’t go much further 2) the length and scale of this move makes a top in yields increasingly likely. Nobody left to sell.

Toby Nangle@tobyn.bsky.social

🚨 I wrote a post about how US MBS are a (longstanding) part of the US Treasury doom loop machine. www.ft.com/content/a04e...

ft.comHow US mortgage bonds can trigger a ‘vicious loop’ for Treasury yieldsOne little cog in the bond market’s feedback machine

Robert Armstrong reposted

Frank Pasquale
@frankpasquale.bsky.social

“What is the Fed to do? Admit the reduced potency of their primary policy tool, hold rates steady and risk inflation running higher? Or hit housing and other cyclical sectors even harder, creating an even more lopsided economy?” www.ft.com/content/9f96...

ft.comMy mortgage is a problem for the Fed, and for AmericaHomeowners like me are staying put, the market is frozen and affordability is as ugly as it was in the housing bubble
Robert Armstrong
@robarmstrong.bsky.social

S&P 500 unchanged over three months -- with earnings expectations up and price/earnings multiples down. This is *exactly* what you would expect to happen when interestst rates are being driven higher by a mix of growth and inflation. Sometimes markets make sense.

Robert Armstrong reposted

Academics Stand Against Poverty
@acadsap.bsky.social

Join the 2026 Yale Global Justice Conference to explore “The New Infrastructure of Power: AI, Data & Global Inequality.” 📅 November 5–8, 2026 📍 November 6: Hybrid at Yale, New Haven 💻 November 5, 7–8: Online 📣 Call for participation: Submit your abstract by October 5, 2026 to tan.gurpinar@qu.edu.

Robert Armstrong
@robarmstrong.bsky.social

explain to me like I am a six year old child why the democratic party would even consider, even for a millisecond, nominating a Californian candidate

Politico@politico.com

California voters are souring on the idea of Gavin Newsom or Kamala Harris running for president in 2028. But among the state’s Democrats, the California governor has the clear advantage over the former vice president, according to our new poll.

politico.comPoll: California Democrats see Newsom as stronger 2028 contender than HarrisBut enthusiasm for a presidential bid by either California Democrat has fallen among voters overall since March.