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Keyword: wallstreetleftists

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  • ‘TACO’: Wall Street Mocks Trump With 4-Letter Code to Call Bets Against Him

    05/28/2025 10:56:26 AM PDT · by Red Badger · 35 replies
    Media-ite (😣) ^ | May 28, 2025 | Staff
    Wall Street traders have developed a biting new acronym for a strategy that’s become surprisingly lucrative for President Donald Trump’s whiplash-inducing trade policy: TACO – “Trump Always Chickens Out.” Reportedly first coined by Financial Times columnist Robert Armstrong, the term has quickly gained traction among investors who are profiting from what they say is a predictable pattern: Trump threatens steep tariffs, the markets plunge, and days later he backs off in a way that prompts a rebound. The latest example came over the weekend. On Friday, Trump sent markets reeling by announcing sweeping 50% tariffs on European imports. But by...