Interviews
Members Only - FT Unhedged: Why the world loves US stocks but hates the dollar
FT’s Katie Martin and Robert Armstrong explain why investors back US stocks but hedge the dollar, and what a weaker greenback signals for markets.
The US dollar has fallen 10% this year — even as global investors pile into American companies. In this FT Unhedged episode, Katie Martin and Robert Armstrong unpack the strange split: booming demand for US assets but growing aversion to the currency. From hedging trends to Trump’s influence on the Fed, shifting rate expectations, and what a “Trumpy” central bank could mean for markets, the pair cut through the noise with trademark wit.