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Robert Armstrong
Financial Times
First call on the ledger
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else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.
Where they stand
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“we know for a fact that the next two years is going to be all about building artificial intelligence infrastructure. And we know for a fact that's going to require a lot of memory chips and a lot of networking chips and GPUs and everything else. Those companies are making out like bandits”
“the implications of AI for the business models of the Magnificent Seven, in particular Microsoft, Alphabet, Amazon, and Meta, far from clear, could be great for them. Could not be so great, right?”
Nasdaq since this was said: ▼ -0.2% · 26,121 → 26,082 · as of 2026-09-10
“So we're like at a nervous top right now, kind of hitting sideways.”
S&P 500 since this was said: ▲ +0.7% · 7,537 → 7,592 · as of 2026-09-10
“I just can't see how markets can stay at this high level if inflation is above target and rising again.”
“markets can live with core inflation, that's a percentage point above target.”
NeutralThe Fed
leaning · 2026-07-06
On new Fed chair Warsh stripping out forward guidance:
“He wants the market to be more volatile and more scared because he thinks the market is too dependent on the Fed put”
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