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Robert Armstrong on coining the Taco trade

4/3/2026 • 12 min

President Donald Trump fired US attorney-general Pam Bondi, and private credit investors are requesting their money back from Blue Owl Capital at an alarming rate. Plus, the FT’s Robert Armstrong continues our series on Trump’s tariffs with analysis of the Taco trade theory a year later. Mentioned in this podcast: Donald Trump fires US attorney-general Pam Bond… Play episode

The shifting geopolitics of Trump’s tariffs
How a small US business navigated Trump’s tariffs
The rocky legal future of Trump’s tariffs
How Trump's tariffs ripped up the global trade order
Untold: Opus Dei, Ep. 1
Hong Kong woos asset managers with potential tax cuts
Investors try to stay ahead of Trump’s Iran moves
Gold hasn’t been acting like itself lately
Netanyahu’s rivals try to outdo him over Iran
Strait of Hormuz crisis poses fresh threat to global food, energy
The ‘Armageddon scenario’ for gas markets
Federal Reserve holds steady as inflation fears mount
How Saudi Arabia’s bet on Iran backfired
Iran war tests China’s oil stockpile
US shale producers not yet tempted by $100 oil
Artificial intimacy: How to fall in love with AI
US-Iran war boosts Russian oil revenues
Hold on — tech stocks are a safe haven now?
Corporate America grapples with huge oil price swings
The US is leaving an Iranian island untouched
Oil price surge risks upending global economy
Iran war’s global energy impact
Khamenei’s son is frontrunner to be Iran’s supreme leader
Iran crisis sends European gas prices soaring
Gulf states caught in the middle of US-Iran conflict
War in Iran: What comes next?
AI turns to a new type of lending
How Deutsche Bank wooed Jeffrey Epstein
European investment banks’ killer year
The war in Ukraine, four years later
The fallout of Trump’s tariff setback at the Supreme Court
Bonus: Greenhouse’s Daniel Chait on standing out in a tough job market
The great graduate job drought
Can bankers be fired for demanding sleep?
Warner Bros tells Paramount to make an offer it can’t refuse
Orbán draws US support ahead of Hungary’s election
What’s with Wall Street’s weird selloffs?
Introducing 'The Kink Machine: The Hidden Business of Pleasure'
Private equity’s workaround to buy law firms
A wacky US jobs report
Should BP get more credit for its turnaround effort?
Novo Nordisk hits back at copycat drugs
Pressure mounts on Starmer even as top aide resigns
A crunchy week for chipmakers
Jeffrey Epstein’s web of influence
The Muskverse enters a new era
Who will be Disney’s next CEO?
What would Kevin Warsh’s Federal Reserve look like?
Blackstone lines up huge IPO pipeline

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