Unhedged
Katie Martin, Robert Armstrong and other markets nerds at the Financial Times explain the big ideas behind what’s happening in finance right now. Every Tuesday and Thursday.

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Episoder(345)

Is Big Tech spending too much money?

Is Big Tech spending too much money?

Tech companies are spending historic amounts of money on computing power and data centres. Today on the show, Rob Armstrong and Katie Martin talk to Lex editor John Foley to try to understand the comp...

4 Nov 202523min

Martin Wolf on the economics of populism

Martin Wolf on the economics of populism

How does populism affect the long-term health of economies? And is there a difference in outcomes between the extreme politics of the left and the right? Today on the show, Rob Armstrong and the FT’s ...

30 Okt 202524min

The vigorous nods of Bessent

The vigorous nods of Bessent

US Treasury secretary Scott Bessent has one of the hardest jobs in recent history. He has to implement bizarre economic strategies and keep rational market players calm. Today on the show, Rob Armstro...

28 Okt 202523min

Will the US bail out Argentina?

Will the US bail out Argentina?

It won’t be easy, and you’ll think it’s strange, when we try to explain … why US Treasury secretary Scott Bessent is suddenly reversing all current US policy and proposing to send billions of dollars ...

23 Okt 202521min

Japan’s next move

Japan’s next move

Sanae Takaichi is the first female prime minister of Japan. She also claims Margaret Thatcher as a role model. Today on the show, Katie Martin and the FT’s Tokyo bureau chief Leo Lewis discuss this hi...

21 Okt 202521min

Rare earth quake

Rare earth quake

China’s announcement that it would be restricting the export of rare earths put markets into a tailspin on Friday. Today on the show, Rob Armstrong, Katie Martin and new Unhedged reporter Hakyung Kim ...

16 Okt 202517min

UK Budget blues

UK Budget blues

On November 26, parliament will make the UK an offer it can’t refuse: The 2026 Budget. But the UK can complain about it! And likely will, as it will almost certainly include increased taxes on the mid...

14 Okt 202520min

AI peak is peak AI

AI peak is peak AI

Is AI making everybody richer? Or just more entangled in each others’ business? Today on the show, Rob Armstrong and Lex editor John Foley try to untangle the growing web of companies investing in eac...

9 Okt 202521min

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