The ‘Taco’ trade, and whether to take a bite or resist
The term encapsulates the notion that Trump Always Chickens Out, particularly in relation to his beloved trade taxes, and that risky assets rise in response.
The Taco trade is the most popular feast in markets right now, but it still leaves a peculiar taste in the mouth.
The term, coined by my esteemed FT colleague Robert Armstrong, encapsulates the notion that Trump Always Chickens Out, particularly in relation to his beloved trade taxes, and that risky assets rise in response.
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Financial Times
Katie Martin is the Financial Times' capital markets editor.
