Wall Street Investors Mock Trump With A Brutal 4-Letter Code Word

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Wall Street Investors Mock Trump With A Brutal 4-Letter Code Word

Wall Street investors have cooked up a new term for betting against President

This is the hidden content, please

• Sign In
• or
• Sign Up

 ― and some have used it to score big gains at a time when the markets are behaving erratically due to the president’s on-again, off-again tariffs.

It’s called “TACO,” which is code for “Trump Always Chickens Out,” and it refers to the president’s tendency to announce massive tariffs, causing the markets to plunge, only to back off days later, causing them to rise again.

Most credit Financial Times commentator Robert Armstrong for

This is the hidden content, please

• Sign In
• or
• Sign Up

the term.

The

This is the hidden content, please

• Sign In
• or
• Sign Up

 that it happened again in recent days, with Trump’s announcement of 50% tariffs on Europe causing major indexes to sink on Friday.

But on Sunday he announced that he would delay those tariffs amid a new round of trade talks ― leading to major gains when the markets reopened on Tuesday.

Ted Jenkin, president of Exit Stage Left Advisors,

This is the hidden content, please

• Sign In
• or
• Sign Up

there’s now a simple strategy on Wall Street based on those shifts.

“Once he delivers bad news, investors are buying those stocks when they are beaten down waiting for him to chicken out and watching those stocks rebound in value,” he explained.

Analysts said the situation is unique to Trump.

“Under no previous presidency did we have active markets betting on the president’s resolve,” University of Michigan economist Justin Wolfers 

This is the hidden content, please

• Sign In
• or
• Sign Up

. “There was no BACO trade, no CACO trade, nothing. It was always taken as a given that when the president spoke on Monday, he would likely still mean it on Tuesday. That’s no longer true. But what’s really hard is that it’s not even obvious when it’ll be true, and when it won’t be. Madness.”

Armstrong, the writer who coined the term, had his own tongue-in-cheek takeaway.

“Acronyms are very powerful, especially when they remind people of foodstuffs,”

This is the hidden content, please

• Sign In
• or
• Sign Up

. “That is what I’ve learned from this experience.”

This is the hidden content, please

• Sign In
• or
• Sign Up

#Wall #Street #Investors #Mock #Trump #Brutal #4Letter #Code #Word

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up

For verified travel tips and real support, visit: https://hopzone.eu/