The Market's Contradictory Signals: Stocks at Records, Yields Near Highs The S&P 500 hit a record close in early October 2024, yet the 10-year Treasury yield was simultaneously trading above 5.3%…
Robert Armstrong — Podcast Appearances & AI Summaries
Robert Armstrong has appeared on 2 podcast episodes in our AI-summarized catalog, including Prof G Markets. Every appearance below has a free 5-minute AI summary.
What Robert said
“If I get a great job offer in Cincinnati or London or Tokyo, I've got to give up this mortgage... So I'm going to stay in the house no matter what.”
— Robert Armstrong, on the "golden handcuffs" effect of low-rate mortgages
“Interest costs don't matter until they do. Like a lot of things. And they clearly don't matter right now. But six months from now we'll have to see.”
— Robert Armstrong
“If you screw with one of us, you're screwing with all of us. Right... You're not gonna divide this committee. And that's a statement about Fed independence, which I think is a positive one.”
— Robert Armstrong
Episode appearances
2
The Fed Finally Hiked — and the Unanimous Vote Mattered More Than the Quarter Point After more than three years without a rate increase, the Federal Reserve raised rates by a quarter point in a…
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