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First, it was the Trump trade; now it's TACO. The new meme, first floated by The Financial Times this month, is making the rounds on Wall Street as a blueprint for playing the stock market in 2025.
"Trump Always Chickens Out" refers to markets betting on Trump walking back tariff proposals. Trump called the TACO moniker "nasty" when asked about it on Wednesday. First, it was the Trump trade; now ...
TACO is trending on social media. No, people are not talking about the tasty Mexican dish but rather an acronym that doubles as Wall Street’s favourite new nickname for President Donald Trump.
The TACO meme seemed to be on Trump’s mind in July, as he repeatedly insisted that his new tariffs will go into effect on August 1.
First, it was the Trump trade; now it's TACO. The new meme, first floated by The Financial Times this month, is making the rounds on Wall Street as a blueprint for playing the stock market in 2025.
First, it was the Trump trade; now it's TACO. The new meme, first floated by The Financial Times this month, is making the rounds on Wall Street as a blueprint for playing the stock market in 2025.
The “Trump Always Chickens Out” meme hatched on Wall Street, went viral in Washington, and now has its own Taco Tuesday ritual. Here’s how a joke became a litmus test for trade policy.
The question now hanging over markets isn’t whether he’ll back off—it’s whether this time, the need to look tough outweighs the usual economic caution. And if so, the TACO trade, once a reliable ...